Episode Details
| Title | Memecoins, the EigenLayer Debacle, and Bootstrapping Sui | Analyst Round Table |
|---|---|
| Date | 10/9/2024 |
| Podcast | 0xResearch ↗ |
Key Insights
Bullish:
- 🟢 $STABLES - There's a strong preference for stablecoins in crypto transactions and trading, with users consistently choosing USDC and USDT over other cryptocurrencies for payments, remittances, and trading pairs.
- “Crypto has a revealed preference for dollars. In every instance where people have, you know, had the choice to use ETH or BTC or dollars for payments and remittances and trading pairs, they've chosen crypto people have chosen, e have chosen USDC and USDT.” - Ryan (57:03)
- 🟢 $MEME - 🔒
Bearish:
- 🔻 $NARRATIVE - 🔒