This podcast covers the crashing crypto market, meme coins, broken cycle theory, the gold ETF analog, and exploring crypto wealth creation through airdrops and NFT investments. The speakers delve into Bitcoin hitting $100,000, the surge in value of the Mad Lad NFT collection, and comparing Bitcoin vs Gold and the impact of ETFs. They also discuss the wild world of crypto investments, market trends, and investment strategies in the crypto space.
Understanding the concept of market cycles divided into seasons and questioning if the current cycle is accelerated due to various factors like Bitcoin's halving and increased volumes in alternative coins.
Analyzing the trends of meme coins and NFTs in the market, viewing meme coins as gamified investments and NFTs as offering community ownership and belonging.
Speculating on the future market direction by considering factors such as ETF inflows, wealth effects from ETH ETFs, sentiment shifts, and the potential impact of Ethereum ETFs on the overall market.
Deep dives
Accelerated Cycle and Market Dynamics
The podcast episode explores whether the current cycle in the market is accelerated, discussing the concept of cycles divided into seasons like crypto winter, spring, summer, and fall. There is a debate on whether we are experiencing an accelerated cycle due to factors like Bitcoin's halving and increasing volumes in alternative coins.
Meme Coins and NFTs Trends
The discussion delves into the trends of meme coins and NFTs in the current market cycle. Meme coins are likened to an inside joke or a form of gamified investment, while NFTs offer a sense of belonging and ownership in communities. The potential rise of cat-themed meme coins and the evolution of meme coins and NFTs are analyzed.
Impact of Airdrops and Utility Building
Airdrops play a significant role in incentivizing token holders and building community engagement. The episode highlights the impact of airdrops in the NFT space, where holding certain tokens can lead to significant rewards. The importance of utility building and having genuine intentions in token projects is emphasized.
Speculation on Market Direction
The podcast episode speculates on the potential future direction of the market, analyzing factors such as ETF inflows, wealth effects from ETH ETFs, sentiment shifts, and narrative trends. The discussion touches on the psychology of market participants, the role of influencers, and the dynamics between established and new meme coins and NFTs.
Impacts of Bitcoin and Ethereum ETFs
The discussion highlights the significance of Bitcoin and Ethereum ETFs in the market, emphasizing their potential to attract massive capital inflows. The podcast underscores the historical success of Bitcoin ETFs, showcasing them as unprecedented in generating substantial fees for financial entities like BlackRock. The anticipation of Ethereum ETFs entering the market is presented as a catalyst for increased demand and a significant milestone that could propel Ethereum's price to astronomical levels, elevating the entire crypto market.
Market Potential and Influence of Altcoins
The conversation delves into the evolving market dynamics and the potential for altcoins like Polygon to surge in value during the current cycle. The discussion pivots on the concept of market cap expansion, whereby the rising valuations of blue-chip cryptocurrencies set the stage for substantial growth in altcoins. The narrative underscores a broader shift in investor perceptions, with a focus on the transformative potential of emerging technologies and digital assets, indicating a paradigm shift in wealth accumulation and digital asset adoption.
In this we cover what's happening with the market, why crypto is crashing and what's next for crypto from here.
As well as memecoins, the broken cycle theory, the gold ETF analog and a ton more.
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STAND ALONE COURSES:
👻 The Ghost Tiger Strategy Is CLOSED ❌
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🪂 The Airdrop Masterclass Course Is CLOSED ❌
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AFFLIATE LINKS:
💻 Stoic An AI Strategies I’m Testing: https://stoic.ai/?ref=jesse
🔒 My Favorite Hardware Wallet: https://trezor.go2cloud.org/aff_c?offer_id=135&aff_id=32260&source=Youtube
💎 Stake Your ETH with Swell: https://rb.gy/mvnk2
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OTHER PLACES I'M AT:
🐦 Twitter: https://twitter.com/Jesseeckel
🖥️ Farcaster: https://warpcast.com/jesseeckel
PODCAST:
🎵 Spotify: https://open.spotify.com/show/7rF3aBzIBTVQ1yIYsNm6wy?si=8c2d1020a5ee4087
🎵 Apple: https://podcasts.apple.com/us/podcast/steady-lads/id1679034629
🎵 Amazon: https://music.amazon.com/podcasts/94ce5747-bb46-45fb-97be-fccdafe761d1/steady-lads
YOUTUBE:
https://www.youtube.com/jesseeckel2
📧 If you're interested in being a guest reach out on Twitter: https://twitter.com/Jesseeckel
*IMPORTANT PLEASE READ: None of this is meant to be taken as any form of investment advice, this is just me sharing my opinion and thoughts on the space. It's always up to you to do your own research. Just because I'm talking about a certain project or idea doesn't mean you should invest into it. You as an adult have to use your own judgement and free will to make the right choice for you. Take responsibility for your own actions and investment decisions and don't blindly follow podcasters, Twitter influencer's, Youtube creators etc.
Additionally you should assume I hold the token we're talking about unless I otherwise state I don't. I normally do research into investments I hold or am potentially looking to hold. So again, unless otherwise stated, assume I hold the token we're talking about.
In the case of this episode assuming I hold it if i'm talking about it.
Personal Disclosures for any conflicts of interest:
https://www.hammerforgedcreative.com/
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