Cap and Steve dive into pump.fun’s new presale model and whether it signals a shift in how memecoins launch on Solana or if it risks draining liquidity across the ecosystem. The crew briefly discusses BitChat, Jack Dorsey’s new Bluetooth-based messaging app, before tackling the Doodles x Twix partnership, which raises fresh concerns about brand direction and cultural relevance. The episode closes with a look at InfoFi’s rapid growth, sparking debate over whether its leaderboard incentives promote authentic engagement or encourage tokenized spam.

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