Andrew Kang: Retail investors are withdrawing large amounts of Meme coins from the market
2024-12-09 14:23:45
Crypto industry insider Plazma (@Plazma0x) recently posted on X that it has been more than 20 days since Robinhood launched PEPE, and it has held 2.5% of the PEPE supply.
Commenting on this, Andrew Kang, partner at Mechanism Capital, said: "This is equivalent to buying $50 billion worth of BTC in three weeks. Retail investors are pulling a lot of Meme coins from the market."
Commenting on this, Andrew Kang, partner at Mechanism Capital, said: "This is equivalent to buying $50 billion worth of BTC in three weeks. Retail investors are pulling a lot of Meme coins from the market."
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