Unchained
Unchained
Laura Shin
Bits + Bips: Debate: Is Trump’s Memecoin a Gift or a Grift? - Ep. 769
1 hour 17 minutes Posted Jan 22, 2025 at 3:00 pm.
What Ram can tell us about his experience at the Crypto Ball
How Ram was so surprised when the $TRUMP coin dropped in the middle of the event
What will happen with the 80% of $TRUMP that Trump holds
Why Ram believes Multicoin Capital was the biggest winner of $TRUMP dropping
Whether the coin was “gift or grift”
How the $Melania coin was the Trumps shooting themselves in the foot
How the launch of the coin is a “major win” for Solana
Whether ETH can have a comeback as the “TradFi chain”
How the market would react to the lack of a strategic bitcoin reserve mention
What executive orders Trump could deliver for the crypto industry
Alex’s experience with the pump and dump of a fake Barron Trump memecoin
What was notable from Trump’s inauguration speech
Whether rate cuts in December were a mistake and whether more are coming
Why James believes that Litecoin has more chances than Solana for a spot ETF
Whether the launch of $TRUMP will mark a local top for the markets
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Show notes
This week, Trump’s memecoin launch had everyone talking—and scrambling for Phantom wallets. But was it a strategic masterstroke or just another speculative frenzy?On this episode of Bits + Bips, the hosts unpack the wild moments of the Crypto Ball, where $TRUMP made its surprise debut. They discuss how Bitcoin maxis were forced to embrace Solana wallets, why Multicoin Capital emerged as the biggest winner, and whether the memecoin launch signals a local market top.Plus, they debate whether Trump’s crypto-friendly stance could shape policy in 2025, why Litecoin might beat Solana to a spot ETF, and what Trump’s inauguration speech reveals about his crypto game plan.Show highlights:
Hosts:
James Seyffart, Research Analyst at Bloomberg Intelligence
Alex Kruger, Founder of Asgard
Ram Ahluwalia, CFA, CEO and Founder of Lumida
Noelle Acheson, Author of the “Crypto Is Macro Now” Newsletter 
Links
Saylor’s parody account’s tweet recounted by Alex 
Meme recounted by Noelle
Vitalik on changing the EF leadership
Josh Stark’s tweet on how the EF “uses Ethereum”
Paper on DeFi that Alex talked about: Christopher J Waller: Centralized and decentralized finance - substitutes or complements?
Polymarket: Will Trump create Bitcoin reserve in first 100 days?
Unchained: 
Trump Appoints Crypto-Friendly Mark Uyeda as Acting SEC Chair
Trump-Backed World Liberty Financial Goes on Token Buying Spree
Trump Picks Pham as Acting CFTC Chair
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