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  • Trump memecoin falls, then climbs +10% to $653M market cap after guilty verdict

May 31, 2024

Trump memecoin falls, then climbs +10% to $653M market cap after guilty verdict

Bay Area Times
Bay Area Times

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Top stories today:

  1. Trump memecoin +10% to $653M market cap after guilty verdict
  2. Anthropic launches ā€œtool use,ā€ enabling Claude to interact with APIs
  3. Semiconductor inventories in South Korea -33.7% YoY in Apr.
  4. Top 6 tech stocks now account for record 30% of S&P 500

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0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Trump memecoin falls, then climbs +10% to $653M market cap after guilty verdict

Coinbase.

  • BODEN memecoin did the reverse move.

  • July 11: sentencing.

    • Before the July 15 Republican National Convention.

  • Probation to 4 years is the likely range here.

  • Trump will likely appeal the verdict after sentencing.

Markets expect a 17% chance of Trump going to prison before election day

Polymarket.

2. Uniswap is making it easier to buy, sell and trade tokens on Ethereum*

Uniswap.

  • The Uniswap Protocol is the largest decentralized marketplace, with billions of dollars in weekly volume across thousands of tokens within the Ethereum ecosystem.

  • Uniswap Labs is focused on delivering easier, smarter products that provide users direct access to the protocol and DeFi at large.

  • Go direct to DeFi with the Uniswap Web App and Uniswap App on iOS and Android.

Learn more about the new, smarter Uniswap.

*Sponsored.

3. Anthropic launches ā€œtool use,ā€ enabling Claude to interact with external APIs

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