Bankless ROLLUP: Memecoin Mania | Solana ATH? | Blackrock Ethereum Fund
Mar 22, 2024
The discussion dives into the wild world of meme coins and their surge on Solana, drawing parallels to the ICO frenzy. The hosts reflect on Bitcoin's recent sell-off while celebrating Solana's impressive transaction growth. Highlights include BlackRock's innovative tokenized fund launch and its potential impact on Ethereum's future. The conversation also touches on regulatory challenges and the comical search for a podcast editor, infusing humor throughout the insights on crypto trends and user adoption.
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Bankless Name Change
- Bankless had to change their name in California because it includes the word "bank".
- They received a cease and desist letter, even though they are not a bank.
Bitcoin Bullish Sell-off
- Bitcoin's price drop was only 17% from its peak, which is considered bullish.
- This is because Bitcoin has the most bids and is less volatile than other cryptocurrencies.
Solana All-Time High
- Solana reached an all-time high market cap, driven by meme coin trading and low transaction fees.
- This surge in popularity also led to Phantom briefly surpassing MetaMask in app store rankings.