Unchained

The Chopping Block: Berachain’s Hype, Portnoy vs. Cramer, & Negative Market Sentiment - Ep. 783

Feb 13, 2025
Laura Shin, an independent journalist and host of the Unchained Podcast, dives deep into the chaotic world of crypto. The discussion unveils Berachain's rocky launch and the consequences of overhyped projects. They explore the alarming trend of celebrity memecoin scams and the ethical implications of such endorsements. The rivalry between Ethereum and Solana heats up with questions about Ethereum's fading influence versus Solana's rapid rise, leaving listeners pondering the future of these blockchain giants.
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INSIGHT

Barachain's Launch

  • Barachain, a bear-themed Layer 1, launched with high expectations but faced negative sentiment.
  • Its focus on community and vibes didn't align with the VC-heavy token allocation.
ANECDOTE

Kanye West's Meme Coin Bribe

  • Kanye West, now known as Ye, tweeted a screenshot of a $2 million bribe offer.
  • The offer involved promoting a rug pull meme coin and feigning a hack afterward.
INSIGHT

Portnoy's Open Exploitation

  • David Portnoy's meme coin strategy involves transparency about his dumping intentions.
  • This approach highlights a shift towards a more openly exploitative meme coin market.
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