Token Metrics Daily Podcast

A Memecoin Apocalypse: Why, SOL? 💔 + FTX Fraud Again?

Solana's meme coin market is experiencing a downturn, triggered by insider trading allegations and failed token launches, causing significant losses for investors. FTX is beginning to reimburse creditors, but AI-driven fraud is complicating the process with scammers creating fake claims. The crypto market is seeing various developments, including Trump's administration gaining pro-Bitcoin allies and MicroStrategy increasing its Bitcoin holdings. Additionally, a stablecoin war is brewing, with a new yield-bearing protocol challenging Tether's dominance, and XRP ETF hype is emerging. We discuss these all in today's deep dive episode!