Why meme coins won't be labeled as memes if VCs invest in them:
Investments by VCs can enhance the legitimacy and financial backing of a meme coin, potentially shifting its perception from a novelty or cultural token to a more serious investment vehicle.
This added seriousness and credibility can dilute its original whimsical and community-driven meme identity.
It's more like VCs backing meme coins Vs community/culture-backed coins, such as $Shib Vs $Pepe [short vs Long, pair trade] Cultural Meme coins to $bb
Investments by VCs can enhance the legitimacy and financial backing of a meme coin, potentially shifting its perception from a novelty or cultural token to a more serious investment vehicle.
This added seriousness and credibility can dilute its original whimsical and community-driven meme identity.
It's more like VCs backing meme coins Vs community/culture-backed coins, such as $Shib Vs $Pepe [short vs Long, pair trade] Cultural Meme coins to $bb
The market may remain choppy or trend lower for weeks. With May approaching, the adage 'sell in May and go away' will likely become a clickbait on socials. However, the direction is clear: the lower the market goes, the cheaper the coin become. The run hasn't even started yet; ETH and meme coins to go turbo in next leg.
ARK, Fidelity, Bitwise and grayscale all had outflows yesterday total $-217m
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Week Ahead 06/12 | 2024
Token Unlocks > % Cir supply next week:
$EUL: 0.36% ($394.71k) - May 11
$AEVO: 757.94% ($1.23B) - May 10
$DYDX: 0.71% ($4.82M) - May 16
$APT: 2.64% ($105.18M) - May 18
Nothing in crypto projects tracking & macro...
BTC ETF net flows start to gain positive traction, and GBTC sees inflow for the first time; still need to see fresh inflow.
Please read the last few posts; those are the sectors going to run whenever the market starts moving still in good range/dips : narratives AI + Memes + Meta & Tech. Justin Sun has been buying millions worth of ETH and sWETH as well; he's preparing bags for an ETH ETF anytime in Q4/Q2 2025... Hedge funds have been shorting JPY and longing EUR; Buffett's cash piles are hitting record ATHs.
Token Unlocks > % Cir supply next week:
$EUL: 0.36% ($394.71k) - May 11
$AEVO: 757.94% ($1.23B) - May 10
$DYDX: 0.71% ($4.82M) - May 16
$APT: 2.64% ($105.18M) - May 18
Nothing in crypto projects tracking & macro...
BTC ETF net flows start to gain positive traction, and GBTC sees inflow for the first time; still need to see fresh inflow.
Please read the last few posts; those are the sectors going to run whenever the market starts moving still in good range/dips : narratives AI + Memes + Meta & Tech. Justin Sun has been buying millions worth of ETH and sWETH as well; he's preparing bags for an ETH ETF anytime in Q4/Q2 2025... Hedge funds have been shorting JPY and longing EUR; Buffett's cash piles are hitting record ATHs.
The gaming sector might came in for a short-term summer thesis run to earn, Shoes to run like $Stepn, $SAND gaming, and others.
$SAND had a short-term run during the same months last year, including $GALA, $AXS, etc. However, gaming is somehow linked with AI, already employing trained AI bots and technology. Partnerships within these tokens might further hype the prices.
$SAND had a short-term run during the same months last year, including $GALA, $AXS, etc. However, gaming is somehow linked with AI, already employing trained AI bots and technology. Partnerships within these tokens might further hype the prices.
Alpha
The gaming sector might came in for a short-term summer thesis run to earn, Shoes to run like $Stepn, $SAND gaming, and others. $SAND had a short-term run during the same months last year, including $GALA, $AXS, etc. However, gaming is somehow linked with…
Animoca Brands related address received 4.5M $SAND ($2.05M) from Cobo Custody.