PJ Vogt

And to the team at Odyssey, Rob Morandi, Craig Cox, Eric Donnelly, Colin Gaynor, Maura Curran, Josephina Francis, Kurt Courtney, and Hilary Sheff. Our agent is Oren Rosenbaum at UTA. Follow and listen to Search Engine for free on the Odyssey app or wherever you get your podcasts. Thanks for listening. We'll see you in two weeks.

And to the team at Odyssey, Rob Morandi, Craig Cox, Eric Donnelly, Colin Gaynor, Maura Curran, Josephina Francis, Kurt Courtney, and Hilary Sheff. Our agent is Oren Rosenbaum at UTA. Follow and listen to Search Engine for free on the Odyssey app or wherever you get your podcasts. Thanks for listening. We'll see you in two weeks.

Are we bonded yet, or what's good?

Are we bonded yet, or what's good?

Are we bonded yet, or what's good?

No, no, no, no, no, no, no. No, bro.

No, no, no, no, no, no, no. No, bro.

No, no, no, no, no, no, no. No, bro.

Hello, Alexi. Hello. Yes. Over the past few months, you and I have been on a deep dive into the world of meme coins. We've been spelunking in the crypto mines. We've been getting lost in them, because over the past decade, meme coins have gone from a one-off joke to a speculative frenzy worth tens of billions of dollars.

Hello, Alexi. Hello. Yes. Over the past few months, you and I have been on a deep dive into the world of meme coins. We've been spelunking in the crypto mines. We've been getting lost in them, because over the past decade, meme coins have gone from a one-off joke to a speculative frenzy worth tens of billions of dollars.

Hello, Alexi. Hello. Yes. Over the past few months, you and I have been on a deep dive into the world of meme coins. We've been spelunking in the crypto mines. We've been getting lost in them, because over the past decade, meme coins have gone from a one-off joke to a speculative frenzy worth tens of billions of dollars.

And in the beginning, of course, there was Bitcoin. Bitcoin was launched in 2009 and it was pitched as a sort of utopian alternative to government backed currencies. It was a way for people to pay each other without having to rely on the existing financial system.

And in the beginning, of course, there was Bitcoin. Bitcoin was launched in 2009 and it was pitched as a sort of utopian alternative to government backed currencies. It was a way for people to pay each other without having to rely on the existing financial system.

And in the beginning, of course, there was Bitcoin. Bitcoin was launched in 2009 and it was pitched as a sort of utopian alternative to government backed currencies. It was a way for people to pay each other without having to rely on the existing financial system.

And this was the seedy state of crypto that inspired what is widely considered to be the first meme coin, Dogecoin.

And this was the seedy state of crypto that inspired what is widely considered to be the first meme coin, Dogecoin.

And this was the seedy state of crypto that inspired what is widely considered to be the first meme coin, Dogecoin.

Here's how it would work. Some programmers would create a new coin. They'd hype it up as the next Bitcoin, maybe do some sketchy stuff to fake demand, and get people to buy in, all to pump up the price. And when enough money had flowed in, they would sell off all their coins. They would dump their holdings. The price would collapse, leaving everyone who'd bought in holding the bag.

Here's how it would work. Some programmers would create a new coin. They'd hype it up as the next Bitcoin, maybe do some sketchy stuff to fake demand, and get people to buy in, all to pump up the price. And when enough money had flowed in, they would sell off all their coins. They would dump their holdings. The price would collapse, leaving everyone who'd bought in holding the bag.

Here's how it would work. Some programmers would create a new coin. They'd hype it up as the next Bitcoin, maybe do some sketchy stuff to fake demand, and get people to buy in, all to pump up the price. And when enough money had flowed in, they would sell off all their coins. They would dump their holdings. The price would collapse, leaving everyone who'd bought in holding the bag.