Mechanism Capital co-founder: Meme coins have become the global focus of speculative liquidity, attracting various types of investors gradually entering the market

ChainCatcher news, Mechanism Capital co-founder Andrew Kang posted on social media that meme coins have become the global focus of speculative liquidity. Compared to traditional equities, global users now have easier access to meme coins. This is why the increase in Dogecoin's price has outpaced that of Gamestop.

It is reported that in the last cycle, the total market capitalization of meme coins reached $100 billion, and each cycle's market cap peak usually sees multiple growths. In addition to retail investors, HWN traders and hedge funds are gradually entering the market, and there is still a long way to go in the future.