Overseas KOLs discuss why memecoin is so popular
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Partner nic carter of Castle Island Ventures stated that MEMEcoins are largely a reaction to the SEC's oppressive system, and if the SEC regains its senses, the desire and demand to trade MEMEcoins will decrease, so a Trump victory would be bearish for MEMEcoins. Well-known KOL Cobie responded: The SEC's positioning has little impact on this dynamic, mainly because it is (almost) impossible for ordinary people to buy non-MEMEcoins in the "early" stage, and a different fundraising model is needed to be more feasible; The only important transformation the SEC needs to make is to create a crowdfunding-type exemption for decentralized token projects, and it still needs founders to accept a more distributed and decentralized "equity structure sheet", which many founders still oppose.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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