Su Zhu: Relative valuation in the current cycle is more effective in Meme coins than VC coins
Su Zhu stated in a post on X that "in this cycle, relative valuation is more effective in meme coins than in VC coins, because people holding meme coins will sell their positions and buy other meme coins. However, even if one L2 is cheaper than another, those who sell the more expensive L2 will not buy the cheaper one, they will just sell it for US dollars."
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
Best Crypto to Invest in May 2025? Qubetics Leads Interoperability While Monero and XRP Reinforce Use Case Strength
Discover why Qubetics, Monero, and XRP are the best crypto to invest in May 2025 for privacy, interoperability, and institutional momentum.Qubetics ($TICS): Redefining Interoperability for Global Blockchain UtilityQubetics Crypto Presale and ROI OutlookMonero (XMR): Championing Privacy and Network ResilienceXRP: Positioned for Institutional AccelerationFinal Thoughts
Cryptocurrency liquidations surpass $1,1 billion after surge in Ethereum, Bitcoin and Solana
BlackRock and SEC discuss staking and options in crypto ETFs
Pectra Update Raises Ethereum Staking Limit Without Threatening Decentralization, Says Consensys
Trending news
MoreCrypto prices
More
