Zhu Su: VC coins lack value accumulation, they also belong to Memecoin
Zhu Su, the founder of Three Arrows Capital and OXFUN, tweeted that people are beginning to realize that the cryptocurrency market will generate countless assets with a market value between 50,000 and 500 million dollars, while there are relatively fewer assets with a market value between 500 million and 50 billion dollars. Bitcoin is the only one with a completely coordinated center point, while Memecoin shows infinite diversity and subcultures. VC coins lack value accumulation, so they also fall into the category of Memecoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%