Part 6/8:
Perhaps the most unexpected yet compelling narrative is the rise of memes as a legitimate form of social currency within the crypto space. Both Michael and Ron acknowledged the shift in perception around meme coins, recognizing their power to engage a younger demographic deeply immersed in digital culture.
Michael, initially skeptical about investing in memes due to their perceived lack of value, has come to appreciate the social resonance that drives their popularity. "Memes have social value, and the next generation of investors doesn't care about anything else," he noted, suggesting that meme coins will play a crucial role in the next market cycle.