The Rise of Meme Coins, Market Shifts, and the Future of Social Media

This episode is brought to you by Frec — Helping You Invest In The S&P 500 & Save On Taxes: https://frec.com/

Welcome back to Trends with Friends!

This week, Phil takes the reigns as moderator and JC and I agree to disagree on our investing strategies. We cover:

• The rise of meme coins and their impact on the market

• The role of quantitative easing (QE) in shifting risk to the crypto market

• Different approaches to trading meme coins, with one focusing on curation and the other on price behavior

• The relationship between gold and Bitcoin, as well as the changing dynamics in the tech sector

• The performance of consumer staples and energy sectors

• The changing landscape of social media

• The importance of taking control of personal data

• The emergence of vertical networks

• The potential of Oracle and Axon in the AI space

• The popularity of crypto ETFs with zero expense ratios

• The excitement around the Rabbit R1 and AI

Skip Ahead:

(00:00) Welcome
(01:26) The Rise of Meme Coins
(04:21) The Impact of QE on Risk
(06:53) Meme Coins Overtake Meme Stocks
(09:13) Different Approaches to Investing
(17:26) The Purity of Meme Coins
(21:59) Gold vs. Bitcoin
(27:03) Apple vs. Gold
(28:17) Consumer Staples and Energy
(29:57) Meme Coins and Social Media
(31:25) Is Centralized Social Dead?
(33:25) Taking Control of Your Data
(35:37) The Purpose of Social and The Creator Economy
(43:08) Oracle (ORCL) and Axon (AXON)
(48:28) Crypto ETFs Going Crazy
(52:53) The Rabbit R1"
(55:25) Embracing Spring

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