Data Deep Dive: Are Memecoins Dead? | Analyst Round Table

Bullish:

• $HOOD - Robinhood is positioned to become a major player in the crypto space, with potential expansion into prediction markets, decentralized exchanges, and lending protocols.

  • “Robinhood is, like, going to be, I think, the biggest giant in the room that has a chance of the being successful in building you know, they're starting with prediction markets. They're probably gonna build their own decks. They're gonna build their own lending protocol.”

    Westie·59:42
• $MORPHO - Morpho's approach to DeFi lending is gaining traction and being emulated by other protocols, suggesting potential for growth and adoption.

  • “I think the Morpho approach makes sense from that lens. And it's interesting to see other lending protocols, like, try to spin up their own, kinda similar designs here.”

    Danny·1:01:37

Bearish:

• $MEME - Cautious outlook on the market, particularly memecoins, due to lack of positive market reaction to good news and administrative announcements.

  • “I got pretty cautious after the SBR announcement and just a ton of good news coming from the administration that the market didn't seem to care about, at the highs. And so got pretty cautious and bearish in sort of the short to medium term from there.”

    Westie·2:37
• $DEFI - Potential threat to existing DeFi protocols from traditional finance institutions entering the space with significant resources and liquidity.

  • “JPMorgan wanted to come in and fork all day and all of a sudden seed it with a bunch of liquidity. Like, what's to stop them from becoming, like, a power player within this industry and competing directly with Aave, etcetera?”

    Westie·53:34