Okay gang, get ready to rumble! Before we start an election cycle crazy enough to produce the level of financial absurdity only 2024 can conjure. According to Thumzup, a social media marketing company (yes, that Thumzup), they’re thinking hard about adding Dogecoin to their corporate treasury. And who do you think has the most at stake? None other than Donald Trump Jr., who netted himself a tidy 350,000 shares. This, my friends, is peak meme stonks.

Is This Real Life? Or Fantasy?

Let's break this down. Yes, we’re discussing a company that is focused on getting brands to pay influencers to hawk products on TikTok. But now, they want to start paying those influencers, possibly in Dogecoin? The same Dogecoin that was created as a meme? It’s the proverbial snake chewing on its own tail… a fun, meme-covered shiny tail at that.

The notion of a public company owning Bitcoin seems… commonplace now. 143 other public companies are at it too, with a combined $93.3 billion. Bitcoin as "digital gold" is a narrative we've all heard, thanks to CEOs like MicroStrategy's Michael Saylor. But Dogecoin? Solana? XRP? USDC? That’s a whole different level of what-the-heck-is-going-on-here.

Think about it: Bitcoin is the responsible adult in the room, trying to explain blockchain technology to your confused uncle. Dogecoin—whose mascot is a Shiba Inu wearing a party hat and yelling, “To the moon! Meanwhile, though, it’s giving a serious rattle to the world financial order as we know it.

Trump Jr. Effect: Genius or Madness?

He's not just watching from the sidelines. He's invested. This is where things get truly interesting. Is this a calculated move? Is he betting on the meme economy? Is he simply trolling us all? It’s difficult to say, and to be honest, that adventurous spirit is what makes this project so much fun.

  • The Genius Play: Maybe he sees something we don't. Maybe he understands the power of the meme better than any Wall Street analyst ever could. Perhaps he thinks, "I'm going to ride the wave of internet culture all the way to the bank!"
  • The Publicity Stunt: Let's be real. Trump Jr. knows how to grab headlines. Investing in a company dabbling in Dogecoin is a surefire way to get people talking. Any press is good press, right?
  • The Sign of the Apocalypse (Meme Edition): Okay, maybe it's not literally the end of the world. But it could be a sign that the line between the real economy and the meme economy has completely blurred. If a company's stock price depends on the latest viral TikTok trend, are we really in control anymore?

Then again, Thumzup’s stock really did fall 23% once news broke. Ouch. Perhaps the crypto market is not yet ready for this boldness. Or perhaps it’s merely a temporary slump ahead of the Doge-powered Moon boom everyone is anticipating. Who knows anymore?!

Laughing All The Way To The Bank?

Ultimately, Thumzup's Dogecoin dalliance (and Trump Jr.'s investment) raises a fundamental question: Are we witnessing the meme-ification of corporate treasuries? Is this the future of finance?

I honestly don't know. But I do know this: The internet has changed everything. This broader trend and technology opaqueness has fueled the rise of meme coins and an influencer era. The amount of reckless speculation happening today would make Gordon Gekko go viral!

Whether you think this is brilliant or insane, one thing is certain: It's entertaining. And with a world as heavy as ours, a bit of the ridiculous could be just the ticket. So pass the popcorn, make your bets, and together let’s watch and root for these new players as they join this boomtown! To the moon, maybe?