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PJ Vogt

๐Ÿ‘ค Speaker
12788 total appearances

Appearances Over Time

Podcast Appearances

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Planet Money: The Memecoin Casino

That was completely inevitable.

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Planet Money: The Memecoin Casino

Because you can think of Pump.Fun as this hyper-literal attention economy. If a coin creator can't generate enough excitement around their meme coin, they won't be able to ensnare enough buyers to get it to take off.

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Planet Money: The Memecoin Casino

Because you can think of Pump.Fun as this hyper-literal attention economy. If a coin creator can't generate enough excitement around their meme coin, they won't be able to ensnare enough buyers to get it to take off.

Search Engine
Planet Money: The Memecoin Casino

Because you can think of Pump.Fun as this hyper-literal attention economy. If a coin creator can't generate enough excitement around their meme coin, they won't be able to ensnare enough buyers to get it to take off.

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Planet Money: The Memecoin Casino

That, of course, is the precocious and a little devious 13-year-old from the beginning of our story.

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Planet Money: The Memecoin Casino

That, of course, is the precocious and a little devious 13-year-old from the beginning of our story.

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Planet Money: The Memecoin Casino

That, of course, is the precocious and a little devious 13-year-old from the beginning of our story.

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Planet Money: The Memecoin Casino

So that's the first group, the people without much clout who have to find some way to grab attention for their meme coin. Now, there's a second group of meme coin creators, and their big strategy is to already be famous.

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Planet Money: The Memecoin Casino

So that's the first group, the people without much clout who have to find some way to grab attention for their meme coin. Now, there's a second group of meme coin creators, and their big strategy is to already be famous.

Search Engine
Planet Money: The Memecoin Casino

So that's the first group, the people without much clout who have to find some way to grab attention for their meme coin. Now, there's a second group of meme coin creators, and their big strategy is to already be famous.

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Planet Money: The Memecoin Casino

But the third and final group of meme coin creators are the real power players. These are the shadowy groups of well-resourced insiders who know how to play the game.

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Planet Money: The Memecoin Casino

But the third and final group of meme coin creators are the real power players. These are the shadowy groups of well-resourced insiders who know how to play the game.

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Planet Money: The Memecoin Casino

But the third and final group of meme coin creators are the real power players. These are the shadowy groups of well-resourced insiders who know how to play the game.

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Planet Money: The Memecoin Casino

Like, one of the big reasons Dogecoin is still the most valuable meme coin is because Elon Musk started tweeting about it in 2019.

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Planet Money: The Memecoin Casino

Like, one of the big reasons Dogecoin is still the most valuable meme coin is because Elon Musk started tweeting about it in 2019.

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Planet Money: The Memecoin Casino

Like, one of the big reasons Dogecoin is still the most valuable meme coin is because Elon Musk started tweeting about it in 2019.

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Planet Money: The Memecoin Casino

And if they can get enough price liftoff, their coins will graduate from Pump.Fun to bigger platforms with whole new groups of potential buyers. Like one platform aptly named Moonshot to the biggest exchanges like Binance and Coinbase.

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Planet Money: The Memecoin Casino

And if they can get enough price liftoff, their coins will graduate from Pump.Fun to bigger platforms with whole new groups of potential buyers. Like one platform aptly named Moonshot to the biggest exchanges like Binance and Coinbase.

Search Engine
Planet Money: The Memecoin Casino

And if they can get enough price liftoff, their coins will graduate from Pump.Fun to bigger platforms with whole new groups of potential buyers. Like one platform aptly named Moonshot to the biggest exchanges like Binance and Coinbase.

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Planet Money: The Memecoin Casino

But regardless of whether a coin dies on the launchpad or makes it to the moon, there's one group that makes money no matter what. Because pump.fun gets a 1% cut of every trade made on the platform.