Liquid - Web3 Crypto Investing cover image

Simiao Li - Maverick Crypto and the China perspective

Liquid - Web3 Crypto Investing

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The Importance of Narratives and Memes in Cryptocurrencies

In crypto, I have found nowadays sentiments and flows to be much bigger for driver than they are in maybe US equity. The fundamental reason for that is because of the types of players who are participating in those markets. So you should basically get a bunch of retail and whale or crypto native funds. In a better cycle, that turns to be much, much more PVD, which is something we're seeing today. It's an incredibly hard marketing environment to operating. Right.

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