BlockBeats news, on October 5, Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, posted on social media, "It looks like @MustStopMurad's speech at Token2049 has catalyzed the next wave of capital reallocation into Meme coins.

Popcat appears to be one of the beneficiaries of these capital flows and is now undergoing price discovery.

The four major Meme coins that are preparing to join this cycle - BONK, WIF, PEPE and FLOKI."