Meme Coins and SocialFi: The Future of Crypto?
According to Xin Jiang, the co-founder of Old Fashion Research, the next big thing in crypto could be SocialFi.
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He believes that social platforms and meme-centric communities are set to shine in the upcoming crypto wave.
Meanwhile, he criticizes VC-backed tokens for their inflated valuations and over-hyped strategies, giving a thumbs up to meme coins for fostering a unique “degen” culture.
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