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From memecoins to Bitcoin lending: Opportunities in crypto are changing

Memecoins have continued to capture the speculative nature of crypto traders and could very well come to define the year.

Roundtable anchor, Rob Nelson discussed the trend with Gav Blaxberg, CEO of WOLF Financial, who emphasized the risks and necessity of education in memecoin trading, and Mauricio Di Bartolomeo, Co-Founder and CSO of Ledn, who highlighted innovative financial tools for bitcoin holders.

Rob Nelson expressed a strong belief in the underestimated value of meme coins. "I think this is the year of the memecoin, and I think we've undervalued what memecoins are," he remarked. Comparing them to valuable art, he added, "To me, memecoins are ways to make all kinds of statements and push ideas that people just believe in."

Gav Blaxberg offered a more cautious perspective, highlighting the risks involved. "Statistically, meme coins are very similar to day trading. About 99% fail, 1% win," he noted. While acknowledging his own investments — "I'm five figures deep in some meme coins right now for sure"— Blaxberg emphasized the importance of education: "I also want people to understand the likeliness of winning there is low."

Shifting focus to bitcoin lending, Nelson expressed keen interest in Ledn's services. "I think that is another wave of people, retail investors holding bitcoin, like me, for example, who want to borrow against their bitcoin and not have to sell it," he stated. He compared the concept to tapping into home equity without selling the underlying asset.

Mauricio Di Bartolomeo elaborated on how Ledn enables clients to access dollars without selling their bitcoin.

"Anyone that's used our loan for the last year, month, we're at all-time high," he explained. Highlighting the benefits, he said, "Not selling your bitcoin pays off in the long term, and their appreciation of the collateral has far exceeded any interest costs that the loan might have incurred so far." Di Bartolomeo expressed enthusiasm for the success of their clients: "These are the moments in the market that I live for because all of our clients have done very well."