Your Dad Will Love Memecoins gm Bankless Nation,
For better or worse, this has been the memecoin cycle, and it's time to make the most of them. Today's Issue ⬇️ - ☀️ Need to Know: HOOD + COIN
Crypto's top stocks have a rough day. - 📊 Market Vibes: Spooky Retreat
Wall Street and crypto fall backward. - 🗣️ Opinion: Memecoins Pull People In
Why your Dad will love memecoins. - 📚 Learn: What We're Reading
Our favorite reads of the week.
Sponsor: Uniswap Extension — Say goodbye to pop-ups. Download today. . . . NEED TO KNOW COIN & HOOD Fall - ↘️ Robinhood and Coinbase Fall After Earnings Misses. After rough releases, Coinbase is down 13%. Robinhood has fallen 16%.
- 🌴 Florida Holds Over $800M in Crypto-Related Investments. Florida's CFO has also requested that BTC be considered for state pension fund investments.
- 💰 Securitize Tops $1B in Tokenized Assets. Tokenization company Securitize crosses the $1 billion milestone as it pushes to bring more institutions onchain.
. . . GO BANKLESS Upgrade Your Experience Get the full Bankless premium experience – featuring exclusive content, ad-free podcasts, access to Token Hub, and more! . . . MARKET VIBES Spooky Retreat 📸 Daily Market Snapshot: Wall Street tumbled Thursday after earnings releases from tech giants led to sell-offs across the S&P 500 and Nasdaq Composite. Bearishness also struck recently exuberant crypto markets, taking BTC back to $70K while ETH dropped more than 5%. | Prices as of 4pm ET | 24hr | 7d |  | Crypto $2.35T | ↘ 2.9% | ↗ 3.1% |  | BTC $70,389 | ↘ 2.1% | ↗ 3.3% |  | ETH $2,524 | ↘ 5.2% | ↘ 0.6% | . . . OPINION Your Dad Will Love Memecoins Every bull run has a bait that pulls people in — something that hints at big, asymmetric returns. In the early days, it was Bitcoin. Then came ICOs, DeFi, and NFTs — each cycle’s breakout success, tempting people with outsized returns that would leave any traditional investment in the dust. This time, it’s memecoins. Memecoins offer the same kind of asymmetry as past cycles: small stakes that could explode into something big. They don’t often fit the purist’s vision of what crypto “should” be, but their raw appeal is undeniable. Memecoins have that same magnetic pull that brings people onchain, hoping to ‘make it’ in the new cycle. Now, let’s be clear: this isn’t a call to invest in memecoins. These tokens are risky, lacking in fundamentals, and more about the attention economy than any intrinsic value — the value can disappear just as fast as it appears. And yet, in this cycle, memecoins may just be the entry point that brings new people to crypto, the way NFTs did last time. So, while they may be volatile and a game of musical chairs, memecoins are undeniably a part of this cycle’s story 👇
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