The Slow Newscast
The $Trumpcon
Mar 25, 2025
Stephen Fendison, known as CoffeeZilla, is an investigative YouTuber who exposes the wild world of cryptocurrency. He dives into the explosive launch of Donald Trump's meme coin, $TRUMP, and its dramatic rise and fall, examining how speculation and celebrity influence collide. Fendison also highlights a chaotic crypto scene in Argentina with Hayden Davis at its center, facing legal woes over a similar venture. The discussion raises critical questions about the unregulated crypto market and its potential impact on the economy.
45:00
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Quick takeaways
- Donald Trump's launch of the $TRUMP meme coin introduced a complex intersection of politics and cryptocurrency, highlighting ethical concerns within the investment landscape.
- The podcast explores the precarious nature of unregulated crypto assets and their potential to disrupt the US economy and consumer safety.
Deep dives
Launch of Trump's Meme Coin
In an unexpected turn of events, Donald Trump launched a meme coin just before his second inauguration, which stirred up significant reactions within the cryptocurrency community. This occurrence marked a new relationship between a political figure and cryptocurrency, sparking debates about ethics and financial integrity. The launch event, known as the crypto ball, brought together notable figures from both the crypto industry and American politics, showcasing the seemingly lucrative opportunities within meme coins. As the initial excitement grew, many investors scrambled to participate, leading to a swift rise in the coin's value to more than $27 billion.
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