BlockBeats news, on October 27, Meme coin KOL Murad responded to Castle Island Ventures co-founder Nic Carter's remarks that "the meme coin hype is largely a reaction to the oppressive regulation of the U.S. Securities and Exchange Commission."
Murad said that 99% of Memecoin buyers don't care about politics, and the rise of Memecoins has a lot to do with the continued growth of the global money supply. Memecoin buyers don't even care about buying things with "legal income" and turning on the fee switch.
As the global money supply increases, the importance of attention will increasingly exceed fundamentals and cash flow. There is only one way to go.