Zhu Su: VC coin lacks value accumulation and also belongs to Memecoin

Zhu Su, founder of Three Arrows Capital and OXFUN, tweeted that people are starting to realize that the cryptocurrency market will generate countless assets with market capitalizations between $50,000 and $500 million, while there are relatively few assets with market capitalizations between $500 million and $50 billion. Bitcoin is the only central point with complete coordination, while Memecoin exhibits infinite diversity and subcultures. VC coins lack value accumulation, so they also fall into the category of Memecoin.