đš Three Arrows Capitalâs Meme Coin Pivot: Desperate or Genius? đš
Once a crypto giant, Three Arrows Capital (now Three Arrowz Capitel) has taken a bizarre turn towards meme coins after its spectacular collapse. Su Zhu, the founder, is betting big on the memecoin supercycle, attracting attention with some eyebrow-raising moves.
Hereâs what you need to know:
đ„ New Meme Coin Exchange: 3AC co-founders launched a new exchange, OX.Fun, raising $4 million despite the failure of their previous venture, OPNX.
đž Meme Coin Frenzy: Zhuâs latest investments include tokens like "Fat Girlfriend" and "Astrofolio," aligning with a memecoin-driven retail trading surge.
đ Institutional Interest?: Zhu claims liquid funds are now being pressured to invest in meme coins, predicting institutional allocation by Q4 2024.
đ„ Edgelord Branding: The new 3AC website flaunts controversial job titles like âSolana Dumperâ and âRacist Cult Leader,â fully embracing the meme coin culture.
â ïž Reputation Shift: Is this a bold new chapter, or a risky attempt to capitalize on the meme coin craze? Only time will tell.
Is Three Arrowz Capitel on the verge of revolutionizing the meme coin space, or is this just a cash grab?
Drop your thoughts below! đŹ