Odaily Planet News, Co-founder of Mechanism Capital, Andrew Kang, wrote on the X platform that, without a doubt, Frogs are the dominant animals in the current cycle. In the previous cycle, the wealth effect flowed from L1 to DeFi tokens in the ecosystem. The logic of this cycle is the same, with ecosystem tokens being prominent frog coins, including Pepecoin (OG Pepe coin) and Apu Apustaja (equivalent to Shib in Pepe coin).
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Odaily Planet News, Co-founder of Mechanism Capital, Andrew Kang, wrote on the X platform that, without a doubt, Frogs are the dominant animals in the current cycle. In the previous cycle, the wealth effect flowed from L1 to DeFi tokens in the ecosystem. The logic of this cycle is the same, with ecosystem tokens being prominent frog coins, including Pepecoin (OG Pepe coin) and Apu Apustaja (equivalent to Shib in Pepe coin).