Power Rankings: Luv 'em or dump 'em, meme machine & bitcoin boom
The price of bitcoin topped $10,000 for the first time since September of last year.The bulls argued that uncertainty around the globe surrounding the Coronavirus actually makes bitcoin even more appealing.
Fundstrat Co-founder and bitcoin bull Tom Lee told us that bitcoin will beat the Dow Jones to 40,000.The presidential hopeful is paying viral instagram influencers hundreds of thousands to promote his campaign. Said posts are satirical and goofy, with Bloomberg asking influencers to create a meme that will make him look cool.
NY Times Reporter and Meme Master Taylor Lorenz gave us the rundown on whether this strategy is paying off.He asked us on-air to turn him into a meme...and since we're professionals, we obliged him.
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