• What’s Going On With Meme Coins

  • Nov 18 2024
  • Length: 22 mins
  • Podcast

What’s Going On With Meme Coins

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  • Summary

  • E502: People know that meme coins are dumb and carry no real value. So why are they investing billions into them?

    How did the PNUT meme coin created to honor the euthanized squirrel, Peanut, grow to a market cap of $2.2 billion?

    How is the PEPE meme coin worth over $10 billion?

    And what does this teach us about the current state of the world? What does this teach us about brand building and marketing?

    Turns out it teaches us a lot.

    That is what is shared on this episode of The Edward Show.

    Sources:
    https://decrypt.co/291739/lucky-trader-16-3-million-pnut-meme-coin
    https://decrypt.co/resources/what-is-pepecoin-pepe
    https://x.com/sterlingcrispin/status/1858229315030438257
    https://x.com/codybrown/status/1858255592831262867
    https://edwardsturm.com/articles/social-media-posting-strategy/

    00:00 Introduction to Meme Coins
    01:06 Insights on Meme Coins
    02:04 Peanut the Squirrel
    06:10 Other Notable Meme Coins
    10:06 Experts on Meme Coins
    11:46 The Psychology Behind Meme Coins
    19:31 Branding Short Circuits the Brain
    21:25 Conclusion

    The Edward Show. Your daily digital marketing podcast: https://edwardsturm.com/the-edward-show/

    #memecoins #cryptomarketing #digitalmarketing #branding
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