According to a report from BlockBeats news, on October 5th, Andrew Kang, co-founder and partner at Mechanism Capital, a crypto venture capital firm, shared on social media that it looks like @MustStopMurad’s speech at Token2049 has sparked a new wave of investment into meme coins.
One of the coins benefiting from this surge in investment is Popcat, which is currently going through a period of price discovery.
The four main meme coins expected to join this trend are BONK, WIF, PEPE, and FLOKI. You can read more about this on the source.