Crypto VC sees a ‘new class’ of profitable memecoins this cycle
A new class of memecoins that capitalize on politics, religion, and successful consumer brands could end up going more “viral” than animal tokens like Dogecoin, says Andrew Kang.
Memecoins that can capitalize on deeper “culture” this cycle could be far more profitable than standard meme tokens based on animals and simple jokes, according to Mechanism Capital co-founder Andrew Kang.
In an April 7 post to X, Kang said a new class of “culture coins” — memecoins centered around cultural values such as politics, brands, religion, and lifestyle — have the capacity to be far more “viral” than the popular memecoins of the last cycle such as Dogecoin (DOGE) or Shiba Inu (SHIB) coins
“The ideologies of these communities can be purely about politics, religion, consumer goods, sport, way of life or can be a mixture of all,” added Kang.
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