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Episode 1315Jan 23, 2025

The mainstreaming of meme coins

Would you take your paycheck in TrumpCoin?

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PARIS, FRANCE - NOVEMBER 12: In this photo illustration, a visual representation of the digital Cryptocurrency, Dogecoin (DOGE) is on display on November 12, 2024 in Paris, France. While Donald Trump’s presidential election victory has pushed the price of Bitcoin (BTC) to a new record, cryptocurrency is not the only one exploding. Dogecoin (DOGE) is on a stratospheric trajectory, driven by the possibility of Elon Musk’s arrival in government.
PARIS, FRANCE - NOVEMBER 12: In this photo illustration, a visual representation of the digital Cryptocurrency, Dogecoin (DOGE) is on display on November 12, 2024 in Paris, France. While Donald Trump’s presidential election victory has pushed the price of Bitcoin (BTC) to a new record, cryptocurrency is not the only one exploding. Dogecoin (DOGE) is on a stratospheric trajectory, driven by the possibility of Elon Musk’s arrival in government.
Chesnot/Getty Images

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President Donald Trump drew scrutiny after he and First Lady Melania Trump launched namesake meme coins ahead of his inauguration, triggering a speculative boom and bust. But one exchange-traded fund firm wants to take the meme coins mainstream. We’ll get into the potential risks of incorporating volatile crypto tokens like these into traditional financial markets. And, a public service announcement: It’s OK to take a break from the news. Plus, guest host Matt Levin tells us about a new potential water source for the thirsty American West.

Here’s everything we talked about today:

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The Team