The Milk Road Show

Will Trump Save Crypto or Rug Everyone? w/ VanEck's Pranav Kanade

18 snips
Jan 20, 2025
Pranav Kanade, a portfolio manager at VanEck with over a decade in TradFi, dives into the chaos of a meme coin launched by Trump and its implications for the crypto world. He discusses the evolving regulatory landscape and how this could spark institutional investment in cryptocurrencies. Pranav identifies characteristics of promising tokens for the next altcoin season and contrasts the potential of DeFi and AI with speculative meme coins. He wraps up with light-hearted thoughts on politics and the future of finance.
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INSIGHT

Crypto Regime Change

  • Trump's meme coin signals a regime change, encouraging wider crypto experimentation.
  • This green light empowers companies to explore crypto despite regulatory uncertainty.
INSIGHT

New Capital Raising Method

  • Trump's meme coin demonstrates a new, efficient way to raise capital.
  • Launching multi-billion dollar assets directly on a blockchain, bypassing intermediaries, is now feasible.
ANECDOTE

Solana's Stress Test

  • Trump's and Melania's meme coins launched on Solana, leading to record DEX volume.
  • Solana experienced congestion issues due to the surge in activity, highlighting its scalability challenges.
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