The Ongoing Battle For Memecoin Market Share | Danny & Westie Power Hour
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And this is a typical crypto thing where as soon as you see something that's successful, you see a million copycats rush in to try and take advantage of, like, that success and maybe they get some sort of percentage of the market share that's been created. And PumpFund, like, we already know, makes, like, crazy money on on their launchpad. And so it makes sense why you see competitors in particular rate Raydium who owns the, like, LP liquidity of any graduated token on pump fund and and knew that pump fund was gonna create their own AMM, like, for them to get into this game. The question is, l
set on Xerox Research is the recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Ryan, and our guests may hold positions in the company's funds or projects discussed.
Hey, guys. Welcome back to another episode of Xerox Research. Today, I am joined once again by Westie for another Danny and Westie power hour, bringing it to you here, not live, prerecorded, from our home studios. How you doing, Westie?
Doing pretty good. Can't complain. Got there another week in this crazy industry. A lot to talk about.
Westy bought the bottom. He sold the top. He rebought the bottom. He's thinking about reselling the top. Before we get into anything, we gotta talk about permissionless. It's coming up June through twenty sixth. We wanna see you there in New York. Westie and I will both be there. A bunch of other people will be there. Fearless leader Bach will be there. Ryan Cashflows Connor, plenty others. So if you want to come meet some folks from around BlockWorks but also around the industry, stay up to date with what's going on, 0 x 10 is the code. Link in the description as always. Get your tickets. Com
got a we got a cult following. So all of our listeners better, you know, better use our code and and show up. I'm here in the either the Lebauquis research or the Xerox research booth is gonna be banging, permissionless to come through.
We are absolutely cooking. There's talk of some crazy things going on. There's talk of a dunk tank. You might get to dunk Boccaccio yourself at this event. It would be absolutely insane. We'll see if it happens. You're not gonna find out unless you're there. So, we'll see you there. June, zero x 10. Let's let's jump into it. As always, I think we can talk markets a little bit. I feel like every time I have you on Westie, I like we'd like to talk and just get your thoughts because the the, you know, the chat, the telegram, the the audience always wants to hear from you. How are you feeling righ
So how I'm feeling now is a little different than I was feeling, let's say, a few weeks ago. Yeah. I was able to, like, correctly identify a bottom, as it was happening in real time in the zero x chat, so alpha for all the chads in there. But, yeah, basically, my target at that point was, like, 95,000 on Bitcoin, and we got there this week. And so at this point, I can't say with any confidence, like, which direction I think we're headed. Bitcoin continues to be extremely strong in the face of, like, continued macro headwinds, with relative strength against US equities and just every day contin
That's fair. I think, the timeline has been riddled with, you know, the crime season, either allegations or revelations. You know, move has been a chief one there. There's been a lot of recent raises or information about past raises, current raises that, I don't
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