This podcast episode explores the emerging trend of presale tokens on Solana and the risks associated with investing in meme coins. It highlights the lack of regulation and due diligence in the meme coin market, using the example of the rise and fall of Slurf, a meme coin that raised millions in a presale before the developer disappeared with the funds. The podcast also discusses conspiracy theories surrounding meme coins and the concept of "fair launches" in the meme coin space. It emphasizes the prevalence of meme coins on the Solana blockchain and their impact on the network's user experience. Additionally, the episode touches on the recent Ethereum upgrade and the shift of meme coins from Ethereum to Solana. Lastly, it addresses MakerDAO's endgame plan and the potential launch of a tokenized money market fund by BlackRock.
