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Lemonada.

Is it a good time to launch a meme coin?

This is kind of a wild episode, a wild topic to delve into from time to time you might hear in the news about various crypto meme coins.

It's a coin that, well, it's a, you know, I was going to say fake.

I shouldn't say fake.

It's virtual digital currency that somebody I was going to say fake. I shouldn't say fake. It's virtual,

digital currency that somebody just kind of creates. And then it gets a lot of investors and makes a lot of money. And then all of a sudden it crashes. That's kind of the life cycle of a

typical meme coin. Now, most of us know about Bitcoin and maybe some other cryptocurrencies that are actually stable and,

you know, have been around for years and have created a lot of wealth for people.

But then you also have like all these other ones, okay?

And a couple of years ago, I really kind of got into this world just researching a lot from

the side hustle perspective because I thought it was just so interesting.

I wrote a book called Gonzo Capitalism, which is not all about meme coins, but just about the broader world of people

kind of making things and offering it for sale. And here we are once again, meme coins have this

mythical reputation. They kind of go away for a while. And lately we've seen a whole bunch of new ones

kind of starting up. You might have heard of Dogecoin. There's also thousands of projects that just crash and burn within weeks.

So we're going to hear today a question from Matt in Miami. Appropriately, he's from Miami,

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