Andrew Kang talks about the current 'frogcoin' craze
According to DeepChao TechFlow, Andrew Kang, co-founder of Mechanism Capital, pointed out that ‘Frogs’ are dominating the current cycle. In the last cycle, the wealth effect flowed from L1 to DeFi tokens in the ecosystem. Ecosystem tokens have been other prominent 'frog coins' during this cycle, including Pepecoin (OG Pepe Coin) and Apu Apustaja (Pepe's Shib).
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.
You may also like
SEC suspends approval of high-leverage ETFs, citing concerns over excessive risk
Stable announces tokenomics: ecosystem and community account for 40% of total supply
Bloomberg: Trump family crypto assets plunge over 90%, far outpacing the broader market decline