Andrew Kang: Meme coins are not a zero-sum game, but a new asset class

ChainCatcher news, co-founder and partner of the crypto venture capital firm Mechanism Capital, Andrew Kang stated that many people compare meme coins to lottery tickets, but "meme coins are assets, and the market size could be 100 times larger than the gambling industry."

Some also view meme coins as a zero-sum game, which is incorrect. "The market will continue to create higher highs and higher lows in each cycle, and over the next decade, the total market capitalization of meme coins will increase. This is the emergence of a new asset class."