### Trump Meme Coin Mania#

The recent frenzy surrounding the Trump meme coin has sparked heated debate in the market, with former Coinbase CTO Balaji Srinivasan offering a sharp critique. He argues that meme coins are essentially zero-sum lottery tickets that don't create real wealth. He points out that their initial surge is often followed by an eventual crash, with the final buyers bearing the full losses. He believes that the value of meme coins is built on hype and lies, lacking any real value support, and once the truth is revealed, their value will collapse rapidly. He advises investors to invest in assets that can hold their value over the long term and reminds people not to invest more than they can afford to lose.While some meme coins have managed to sustain their value by developing use cases, maintaining hype, or building communities, Srinivasan emphasizes the significant risks involved in rapid appreciation in a highly politicized environment. He uses Bitcoin as an example, arguing that it is not a meme coin, as it possesses real use cases and over a decade of longevity. He considers Bitcoin to be the base layer asset of blockchain, backed by the hash rate of hundreds of global data centers, and its value grows gradually over time, rather than exploding overnight.Srinivasan's perspective has sparked widespread discussion, with many questioning whether Bitcoin was ever considered a meme coin. He clarifies that Bitcoin's unique characteristics lie in its use cases and endurance. The Trump meme coin craze has also resulted in a decline in liquidity for other meme coins. Many top meme coins like DOGE, SHIB, and BONK have seen their prices drop by over 10%.