Zhu Su: Relative valuation in this cycle is more effective for MEME coins than for VC coins

ChainCatcher news, Three Arrows Capital founder Zhu Su stated: "Relative valuation in this cycle is more effective in MEME coins than in VC coins, because those who hold MEME coins usually sell one to exchange for another.

Even if one L2 project is relatively cheaper than another, those selling the more expensive L2 project won't buy the cheaper one; they will simply convert their funds directly into USD."