Jun 17, 2024

Intuition Head of Strategy and Operations Matthew Kaye explains why traders are looking into meme coins given the poor macroeconomic conditions.

Video transcript

Mean, coins have continued to be the zeitgeist. I don't think that's surprising when you look at the fact that we might be in a fiscal driven regime with no one in the driver's seat. Government spending is out of control. Interest payments are out of control. Like when things stop making ra sense, it's rational to start looking at assets that might be irrational. I know. That's a bit funny memes are, are not a childish thing on this show. Matthew. It's ok. I think high beta Ethereum meme coins, especially for somebody who's looking for higher risk and greater outperform are extremely interesting.

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