Bearish:

• 🔻 $MEME - The meme coin sector is expected to experience a significant cooling off period due to recent scandals, particularly the Trump coin and Libo coin incidents. While new meme coins will continue to emerge, there's a growing need to reassess their role in the crypto ecosystem.
  • “I think that what we're seeing here is going to be a pretty severe cooling off of the meme coin sector, at least for a little bit, because of what we saw with first Trump coin, which really set the groundwork for something like Libo coin to really happen.” - Danny (34:46)
  • “We're still gonna see new meme coins every day at pumped up fund. We're still gonna see graduations, and we're still gonna see people trading this. But I think that this is a very good opportunity to have the kind of conversation of what role do we want this meme coins to play in crypto.” - Danny (36:54)