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Zhu Su: Ethereum meme coins are relatively weak, and the situation will change as revenue returns to the beacon chain

Zhu Su: Ethereum meme coins are relatively weak, and the situation will change as revenue returns to the beacon chain

CointimeCointime2024/04/29 02:31
By:Cointime

Zhu Su, founder of Three Arrows Capital and OPNX, tweeted that the Ethereum meme coin is relatively weak because Ethereum participants compare earning 20-40% of re-staking rewards and buying ERC20 tokens as a way to stack Ethereum, and decide to only stake on a risk-adjusted basis. As returns converge with XinFin chain yields, this situation will change.

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