Tokenized Culture: From Memecoins to Millions

Bitcoin All Time Highs, Quantum Finance, Culture On-Chain

*|MC_PREVIEW_TEXT|* <clever newsletter name> A Crypto Native & Normie Friendly Newsletter Delivered Every Saturday MEME OF THE WEEK (inspired by antics unfolding on the tastycrypto Show) What's Happening Tokenized Culture: Turning Memecoins into Millions Good morning my tasty friends, I hope everyone is having a wonderful start to the weekend. Context free quote from the crypto cave this week: "Memecoins are quantum finance."  For more context, hit the link below for this week's article. We're exploring memecoins, investing in culture, and how crypto has managed to financialize the intangible. Read it all here What's This Mean? In the Weeds with Ryan In quantum mechanics, particles can exist in a state of "superposition," where they hold multiple potential states simultaneously until observed. Similarly, memecoins exist in a kind of financial superposition: they are both worthless (lacking intrinsic value) and priceless (driven by cultural value and speculative demand) at the same time. This paradox, much like quantum uncertainty, only "collapses" through market forces, either validating them with skyrocketing value or disregarding them into obscurity.   For the Normies in the Back Investing just got so much more fun - but it's a gamble. Performance Dashboard Solana now on tastycrypto So close, yet so far BTC finally broke above 70k this week, coming within a few hundred dollars of a new all-time high, only to see prices fall back into the 60s at the time of writing. Is the chop fest finally over? We might have to wait for the answer until after the election. Ahead of the US presidential election next week, BTC and ETH implied vols are both trading around 60%, which on a 1-year basis, is closer to the low end of the range with an IV Rank of 25. Certainly this could all change as election night gets closer, but for now we're looking at the market pricing in roughly a $6,000 1 standard deviation range in BTC and a $225 range in ETH over the next week. The election matters, but it doesn't. Short-term I'd assume we see heightened volatility in both crypto and traditional markets. That said, I don't believe the future of crypto hinges on a Trump or Harris presidency.  In the US, the crypto industry needs a defined regulatory framework it can adhere to and I believe the probability of legislative progress is now higher than ever, regardless of the outcome of the election. And remember, crypto is global. It's estimated 80% of trading volumes occur outside the US, with many countries surpassing the US in crypto adoption. Yes US Spot BTC ETF flows are driving prices higher, but crypto's future is not solely dependent on who's president. tastycrypto Show Highlights Frank tries to redeem himself with the people of dogtok Ryan discusses bitcoin to $100k as it whispers in the ear of its ATH Glen & Ryan compare memecoins to penny stocks Ryan gets frank <closer> to culture on chain BTS: the office went bananas for Halloween Join Ryan Grace & Guests on the tastycrypto Show Mondays & Wednesdays from 4:30pm - 5:00pm Central LIVE on YouTube | LIVE on tastylive WEB3 WORD OF THE WEEK Help us name this thing! Final week! Send suggestions to support@tastycrypto.com and you might just get an OG, very rare, t-shirt—plus pretty epic bragging rights if your newsletter name idea makes the final cut. We need ideas, you get free swag. Let's do this. Stay tasty,  Ryan Contact |  Blog  |   Learn If you no longer want to receive our communications, please click here. tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. and tastytrade, Inc. Neither tastylive, Inc. nor tastytrade, Inc. are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved, including volatile market prices, illiquid market conditions, lack of regulatory oversight, market manipulation, and other risks. tastylive, Inc., 19 N. Sangamon St., Chicago, IL 60607, United States