Unchained

The Chopping Block: Crypto’s Best and Worst in 2023 - Ep. 583

23 snips
Dec 15, 2023
The hosts dive into the cryptocurrency winners and losers of 2023, spotlighting Solana's remarkable rise and Circle's fall. They explore cultural phenomena, from memorable memes to TikTok's Pinky Doll, while pondering the dynamic interplay of crypto and AI ideologies. The conversation shifts to the concept of a Bitcoin ETF as a cultural touchstone, alongside critiques of market trends and significant flops. Bold predictions for 2024 wrap up the chat, hinting at potential shifts in regulations and the crypto landscape.
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INSIGHT

Solana's Resurgence

  • Solana experienced a remarkable comeback in 2023, recovering from a near-fatal event.
  • This demonstrates the strength and dedication of their community, which continued building despite adversity.
INSIGHT

Tether's Triumph

  • Tether’s market dominance and financial success have solidified its position in the crypto ecosystem.
  • Tether has become increasingly legitimized, despite previous skepticism.
INSIGHT

Circle's Setback

  • Circle suffered significant brand damage due to the USDC de-pegging, despite not being directly at fault.
  • The resulting market share loss to Tether might be difficult to recover.
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