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Zhu Su: Ethereum meme coins are relatively weak, and the situation will change as revenue returns to the beacon chain
By: Cointime
Zhu Su, founder of Three Arrows Capital and OPNX, tweeted that the Ethereum meme coin is relatively weak because Ethereum participants compare earning 20-40% of re-staking rewards and buying ERC20 tokens as a way to stack Ethereum, and decide to only stake on a risk-adjusted basis. As returns converge with XinFin chain yields, this situation will change.
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.
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