TechFlow News, October 15 — CoinList CEO Raghav Gulati posted on X: I like meme coins, but a few points to make:
1. If all we become is a meme coin factory, then our valuation is roughly correct, and from here it's PvP (player versus player).
2. I expect the number of tokens, especially meme coins, to surge (an order of magnitude or more beyond current levels), but the fragmentation of attention also means fragmentation of liquidity.
3. Algorithmic curation increasing for financial content (i.e., meme coins) means that winners' surface area/distribution will shape attention.
4. Bitcoin is the king of memes.
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