Andrew Kang: New funds will buy a large number of SOL tokens on the chain, and mainstream influencers will enter the meme currency field
Andrew Kang, co-founder and partner of Mechanism Capital, a cryptocurrency venture capital firm, wrote that the market is currently in the most interesting part of the meme coin parabolic curve. They have already proven enough momentum to attract 100 times the attention, but the biggest mainstream influencers and celebrities have not yet arrived. They will arrive in the next few days or weeks at the earliest.
Meme coin 2.0, or "culture coins," will appear, targeting specific audiences/ideologies/groups. Each celebrity/influencer will have their favorite partnership token, mainly not on CEX tokens, meaning new dollars will appear on the chain to purchase a large amount of SOL tokens, just like the ETH and NFT seasons of the past.
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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