According to The Kobeissi Letter, the recent announcement of tariffs on approximately $240 billion of annual auto imports, which include 46% of cars sold in the US and 2.96 million from Mexico, is causing widespread frontrunning. This development could potentially impact cryptocurrency markets as traders seek alternative investments amidst the shifting economic landscape. Source: The Kobeissi Letter.

According to Nic Golden Age Carter, the memecoin market has been significantly affected by industrial intermediaries engaging in practices such as frontrunning and insider trading. These intermediaries have managed to extract substantial sums from the market, influencing trading dynamics and potentially impacting price volatility. This highlights the need for traders to exercise caution and conduct thorough due diligence when dealing with memecoins.