From zero to hero: Memecoins’ spillover effects in cryptocurrency markets
分析了特朗普模因币发行引发的波动溢出效应，发现情绪和基本面因素导致异质性溢出，政治信号加剧投机，对研究加密货币市场和政治影响的学者有参考价值。
We analyze Trump’s memecoin launch, showing heterogeneous volatility spillovers driven by sentiment and fundamentals. Political signals amplified speculative dynamics, underscoring how politics increasingly shapes cryptocurrency markets and investor behavior.