Up First from NPR

Gambling with Memes

129 snips
Mar 30, 2025
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ANECDOTE

Teen Crypto Hustle

  • A 13-year-old created a meme coin called Gen Z Quant and livestreamed its price surge.
  • He then sold his holdings for $20,000, causing the coin's value to plummet.
INSIGHT

Meme Coin Wild West

  • Meme coins demonstrate a shift in the financial landscape, with children able to manipulate markets.
  • This highlights the lack of regulation in the meme coin space.
INSIGHT

Dogecoin's Ironic Origins

  • Dogecoin, the first meme coin, was created by Jackson Palmer as satire of crypto speculation.
  • It ironically became a tool for the very pump-and-dump schemes it was meant to criticize.
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