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Arthur Hayes on Why Bitcoin Is Money and ETH Is a Shitcoin He Loves - Ep. 587

Unchained

NOTE

Ethereum as the Creative Hub for DeFi with Solana's Momentum Play

The majority of creativity in the DeFi economy starts in Ethereum and is then copied into other chains. While other chains may optimize specific facets, none have the complete DeFi package. Solana has strong marketing and applications with good user experience, leading to a significant price increase. As a trader, the speaker bought Solana as a momentum play to capitalize on the energy in the community and intends to sell it for profits, potentially rebuying at lower prices to take advantage of the trend-focused nature of crypto trading.

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