Mechanism Capital: has established positions in Trump-themed meme tokens and NFTs
Andrew Kang, co-founder and partner of the encryption risk investment company Mechanism Capital, stated that Mechanism Capital has completed its first batch of positions for 2024, with targeted assets being meme tokens and NFTs themed around Trump. Andrew Kang described the basic logic behind this investment as the attention economy behind meme tokens, noting that as the US election becomes increasingly intense, discussions and attention towards Trump will significantly increase.
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