Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Meme Coins Represent a Market for Attention, Sygnum Bank Exec Says

by
May 27, 2025
in Crypto News
0
Meme Coins Represent a Market for Attention, Sygnum Bank Exec Says
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Meme coins may only make up a small slice of the broader crypto ecosystem, but they represent something bigger in the digital age, according to Sygnum Bank’s chief clients officer Martin Burgherr.

Speaking to CNBC’s Dan Murphy, Burgherr described meme coins as a “tokenization of attention,” arguing that their value lies less in fundamentals and more in the social capital they generate.

“Attention is something of value,” Burgherr said. He explained that on social platforms such as X, influence often stems from follower count, and meme coins are a digital reflection of that influence. He added that this dynamic helps explain the high level of attention, and perceived value, surrounding the $TRUMP coin, launched by the US President.

Sygnum’s Martin Burgherr on @CNBC: “Meme coins are a tokenization of attention”

Martin Burgherr, Sygnum Chief Clients Officer, joined CNBC’s Access Middle East this morning, where he spoke with host @dan_murphy about how meme coins reflect the idea that attention, such as… pic.twitter.com/WsM0EbPh9K

— Sygnum Bank (@sygnumofficial) May 26, 2025

Trump Coin Emerges as a Case Study in Tokenized Attention and Political Branding

The Trump meme coin, branded as $TRUMP, launched just days before Donald Trump’s 2025 inauguration as the 47th US President. Created by CIC Digital LLC and Fight Fight Fight LLC, affiliates of the Trump Organization, the token carries heavy branding, including a cartoon image of Trump raising his fist following the assassination attempt he survived in mid-2024.

While marketed as a non-political symbol aligned with Trump’s “FIGHT FIGHT FIGHT” slogan, the coin’s timing and imagery have kept it squarely in the political spotlight. Built on the Solana blockchain, the token also states explicitly that it is not an investment or security, even though its founders hold 80% of the total supply.

While critics question the ethics of such politicized financial instruments, their popularity highlights a growing trend in the crypto world, where digital tokens mirror viral content and social sentiment more than traditional market forces.

Burgherr Defends Crypto Legitimacy, Sees Meme Coins as a Small Niche

Burgherr stated that Sygnum, a regulated digital asset bank based in Switzerland and Singapore, does not promote meme coin speculation. “We primarily believe in major coins like Bitcoin, Ethereum and Solana,” he said. Any exposure to meme coins, he added, should depend entirely on an investor’s risk appetite.

He rejected the notion that meme coins erode trust in the crypto industry, pointing out that their structure is generally transparent. However, he noted that like any new segment, meme coins require clear governance and regulation before being fairly assessed. He added that they represent only a small fraction of a broader ecosystem that includes DeFi, smart contracts and Bitcoin.

Burgherr pointed out that Bitcoin continues to dominate the space, far outpacing niche tokens like Trump coin in both market size and credibility. He called the rise of meme coins a reflection of the industry’s diversity, not a threat to its legitimacy.

When asked about the broader crypto rally, Burgherr said recent price gains in Bitcoin appear driven by a mix of macroeconomic concerns and renewed optimism in risk assets. He cited inflation fears and questions over US debt sustainability as key drivers of investor interest in Bitcoin and gold.

The post Meme Coins Represent a Market for Attention, Sygnum Bank Exec Says appeared first on Cryptonews.

Previous Post

India’s Crypto Sector Demands Review on 30% Tax as Trump Support Changes Tone: Report

Next Post

Bank of Korea Plans to Integrate Deposit Tokens on Public Blockchain Networks

Next Post
Bank of Korea Plans to Integrate Deposit Tokens on Public Blockchain Networks

Bank of Korea Plans to Integrate Deposit Tokens on Public Blockchain Networks

  • Trending
  • Comments
  • Latest
Pepe Price Climbs 43% With Only 21 Days Left to Buy MIND of Pepe Cheap, Nearly $9m Raised 

Pepe Price Climbs 43% With Only 21 Days Left to Buy MIND of Pepe Cheap, Nearly $9m Raised 

May 9, 2025
Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June?

Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June?

May 10, 2025
Murchison South Increases to 67koz Gold Across Two Pits

Murchison South Increases to 67koz Gold Across Two Pits

May 13, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 8, 2025
South Korean Parliament ‘Poised to Approve Tokenized Securities Bill’

South Korean Parliament ‘Poised to Approve Tokenized Securities Bill’

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
South Korean Parliament ‘Poised to Approve Tokenized Securities Bill’

South Korean Parliament ‘Poised to Approve Tokenized Securities Bill’

June 6, 2025
Crypto Is ‘The Future,’ House Financial Services Oversight Subcommittee Chair Says

Crypto Is ‘The Future,’ House Financial Services Oversight Subcommittee Chair Says

June 6, 2025
Silver Price Surges to US$36, Marking 13 Year High

Silver Price Surges to US$36, Marking 13 Year High

June 5, 2025
Auto Industry Takes Hit as China’s Rare Earths Export Controls Impact Supply Chains

Auto Industry Takes Hit as China’s Rare Earths Export Controls Impact Supply Chains

June 5, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    South Korean Parliament ‘Poised to Approve Tokenized Securities Bill’

    South Korean Parliament ‘Poised to Approve Tokenized Securities Bill’

    June 6, 2025
    Crypto Is ‘The Future,’ House Financial Services Oversight Subcommittee Chair Says

    Crypto Is ‘The Future,’ House Financial Services Oversight Subcommittee Chair Says

    June 6, 2025
    Silver Price Surges to US$36, Marking 13 Year High

    Silver Price Surges to US$36, Marking 13 Year High

    June 5, 2025
    Auto Industry Takes Hit as China’s Rare Earths Export Controls Impact Supply Chains

    Auto Industry Takes Hit as China’s Rare Earths Export Controls Impact Supply Chains

    June 5, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved