Bitcoin at $100K: Strategic Reserves, Meme Frenzy, and the Path to $150K | Token Narratives Ep. 51

This week Graham Stone and David Sencil unpack Bitcoin’s explosive surge past $100K — a milestone backed not by frothy leverage, but by real institutional inflows and sovereign accumulation. They break down why the bull run might have legs through the end of the year, fueled by global liquidity and corporate treasury strategies, even before the U.S. joins the stimulus game.The conversation dives deep into U.S. state-level Bitcoin reserve legislation, with New Hampshire blazing the trail by allocating up to 5% of public funds into BTC. They also dissect Arizona’s crypto reserve strategy — and why the Genius Act’s collapse in the U.S. Senate is raising eyebrows over Coinbase’s political motives.Later, Sal Selamat jumps in for Degen Corner, bringing fresh stories from the Solana memecoin trenches: Trump-triggered POTUS coins, Elon-fueled GORK mania, and the raw adrenaline of hunting gains before the inevitable rug pulls. They tackle the dark reality: nearly 99% of Solana meme coins are scams — but that’s not stopping the degens from playing a max-extraction game.Key topics:

• Will Bitcoin hit $150K before July?
• Bitcoin dominance vs. altcoin seasons
• Institutional and sovereign “smart money” flows
• The collapse of the Genius Act and stablecoin regulatory wars
• The psychological toll (and thrill) of meme coin trench warfare

With the one-year anniversary of Token Narratives approaching next week, the team teases live audience prizes and promises big surprises. Whether you’re a hodler, trader, or chain-smoking degen, this episode’s got a mix of sharp macro analysis and unfiltered crypto chaos.Timestamps
04:49 Predicting $150K: when could Bitcoin break its next milestone?
14:49 U.S. state-level Bitcoin reserves: New Hampshire and Arizona updates
20:49 Bitcoin dominance, ETHBTC trends, and altcoin prospects
28:39 Ethereum vs. Solana: Max Resnick’s harsh take on ETH’s future
36:32 The Genius Act collapses — stablecoin legislation and Coinbase backlash
45:00 Sal’s DJEN Corner: Trump coins, GORK mania, and meme coin madness
52:10 Pump.fun scams: 98% of Solana meme coins are fraudulent