CoinList CEO: Bitcoin is the King of Memes
ChainCatcher news, CoinList CEO Raghav Gulati posted on X that he loves Meme coins, but has a few points to make:
If what we are doing is just a Meme coin factory, then our valuation is roughly correct, and from here it’s PvP (player versus player).
I expect the number of tokens, especially Meme coins, to surge (by an order of magnitude or more compared to now), but the dispersion of attention also means the dispersion of liquidity.
Algorithmic curation of financial content (i.e., Meme coins) means that the surface/distribution of winners will shape attention.
Bitcoin is the king of Memes.
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