Ep 761 - Trump Gets Busy Making Crypto Great Again

9 snips

Jan 22, 2025

Donald Trump's unexpected return as president stirs the crypto community, marked by the launch of his own Memecoin. The SEC's new Crypto Task Force is discussed, alongside potential presidential pardons. The impact of political events on cryptocurrency dynamics is analyzed, highlighting key tokens and market sentiment. Humor meets advocacy as they explore the fusion of politics and crypto, with speculation about candidates creating their own tokens. The excitement around recent developments culminates in tales from an upcoming Miami crypto event.

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ANECDOTE

Trump's Low-Key Inauguration

Trump's inauguration lacked traditional fanfare, held indoors at Capital One Arena.
Media negativity persists, with criticism of Elon Musk's alleged Nazi salute.

INSIGHT

Solana's Rollercoaster

Solana reached new all-time highs due to the Trump token launch, but experienced volatility due to arbitrage bots.
The Trump token launch impacted Solana's price, as investors swapped SOL for Trump's token.

ADVICE

Crypto Volatility

Don't panic over small price fluctuations in crypto; seasoned investors have become desensitized.
Bitcoin's value has increased significantly since 2017.

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