Is there still hope for VC coins in this cycle, and what should the new investment logic be?
The exaggerated high valuations before launch, the unknown liquidity within the circle, implicit sell-offs, and the phenomenon of market manipulation, combined with stock prices and unrealistic narratives, have led to the disastrous failure of this round of venture capital coins. Turning to more decentralized MEME tokens, although this environment resembles a battleground where survival is uncertain, it seems more appealing than the certain demise of VC coins.
However, if the crypto world truly belongs to MEME, isn't that a sad reality? Even in a casino, the win rate is around 50%, whereas in the MEME casino, the win rate for any on-chain participant is less than 5%.
Of course, as long as there is a "golden dog," anyone can gain something; these suddenly wealthy investors continuously attract gamblers to the table, while various “PUMP” projects spring up like mushrooms after rain across different chains.
