Bankless Launchcoin & Believe | ETH's 50% Candle | Coinbase Listed on S&P 500 | Jon, Bread, & Andy8052
25 snips
May 14, 2025 
Join crypto researcher Jon Charbonneau, known for his contrarian insights, and crypto commentator Zero X Bread Guy as they dive into Ethereum's staggering 50% price increase. They discuss the significance of the Believe app and Launchcoin in reshaping internet capital markets, along with Coinbase's impactful listing on the S&P 500. The conversation also touches on the rise of meme-based tokens, the ongoing rivalry between Ethereum and Solana, and community engagement as a vital element in the crypto landscape. It's a lively exchange of ideas for any crypto enthusiast!
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LaunchCoin & Internet Capital Markets
- LaunchCoin and Believe app represent a new wave of launching tokens tied to consumer apps without equity promises.
- These tokens generate trading fees benefiting creators, blending meme coins with nascent startup funding methods.
Ethereum 50% Surge Explained
- Ethereum surged about 50% rapidly, with unclear primary catalyst but likely oversold conditions and stablecoin exposure.
- ETF inflows were surprisingly flat, implying the rally may be driven by crypto natives, not institutional big money.
Missed ETH Bottom Timing
- Zero X Bread Guy placed bids to catch an ETH price bottom but pulled them too early.
- This anecdote highlights the difficulty in timing market bottoms even for experienced traders.