Decentralized Finance (DeFi) has once again been in the news for the wrong reasons. Is it time for unsophisticated investors to be proscribed from accessing?
Even before President Trump chinked his first alcohol-free glass in celebration, the DeFi industry was looking forward to a welcome reset after Gary Gensler’s capricious SEC. Many giants of the new economy attended his inauguration. A new era of optimism was palpable.
Nevertheless clouds of concern were not far away. The double launch of the President’s and First Lady’s memecoins, hit hard by two whales dumping at large on 25 February 2025, shows the continuing volatility of memecoins, where intrinsic value is difficult, if not impossible, to discover.