Bankless

ROLLUP: Trump's Massive Memecoin | Ethereum Ecosystem Drama | Ross Ulbricht Freed | Phantom Wallet Worth $3B?

52 snips
Jan 24, 2025
Eric Conner, former ETH maximalist turned crypto AI enthusiast, joins to discuss a whirlwind week in crypto. He dives into Trump's controversial launch of a $50B memecoin on Solana and the implications of the pardon for Ross Ulbricht. The Ethereum Foundation is facing internal drama as leadership undergoes changes amid new initiatives. Conner also shares insights on Solana's rising ecosystem and major Bitcoin buys from BlackRock, highlighting the evolving intersection of politics and cryptocurrency.
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INSIGHT

Bitcoin Price Strength

  • Bitcoin's price strength comes from its strong narrative and media play.
  • The potential of a Bitcoin strategic reserve adds to this hype.
INSIGHT

Ether Price Mystery

  • Ether's price lags behind Bitcoin in bull runs, historically catching up later.
  • Retail ETH ETF inflows haven't moved the price, making its stagnation a mystery.
ANECDOTE

Trump's Meme Coin Launch

  • Donald Trump launched a meme coin, sending Solana's price soaring.
  • The meme coin, called Official Trump, gained a massive market cap upon launch.
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