The Truth About Memecoins: Hype, Celebrity Launches & More

Welcome back to Talking Tokens.

The market isn’t looking too hot right now. Bitcoin fell below $90,000 and US spot ETFs for the asset had over $500M in net daily outflows on Monday. Ouch.

If you’ve been tangled up in the memecoin mania lately or want to know how a founder of a token distribution platform operates in a busy market - we’ve got the scoop for you below. 👇

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The latest Talking Tokens podcast 🎙️

For this week’s Tuesday episode, I interviewed Xin Yan, CEO and co-founder of Sign.

Sign is a token-distribution platform backed by former Binance CEO CZ, among other investors, and has powered over $4 billion in token airdrops and unlocks across 40 million users. 

We discuss the state of memecoins, token launches, pump and dump schemes, what is going on with celebrity and government officials launching their own coins, the future of trust, verification and more. 

Talking Tokens episodes are released on Spotify and Apple Podcasts at 6AM EST or YouTube at 8AM EST every Tuesday and Thursday. Listen in!

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Talking points for the road

Crypto-focused headlines or research that caught my eye…and should catch yours, too.

1. Bitcoin Slides Below $89K to 3-Month Low as Nasdaq Futures Dip, Japanese Yen Sparks Risk-Off Fears (CoinDesk)

2. Citadel Securities Plots Jump Into Crypto Trading After Trump’s Embrace (Bloomberg)

3. Binance Founder CZ Discloses Private Portfolio Loaded With BNB, A Little Bitcoin (Decrypt)

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Please note that this content is for informational and entertainment purposes only. Any views shared should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research. We may have a direct or indirect financial interest in content mentioned in this newsletter.