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As crypto gains broader adoption we'll see more institutional flows into the market and this will change the memecoin game.
In the future, the memes that will be going to insanely high valuations are the ones that send a broader message and provide some level of good exposure for TradFi (especially hedge funds and speculative portfolios).
They won't just pick any memes but the ones that fit their meme coin investment framework, where narrative, community, team, goals, content and chain will be key criteria for evaluation.
Everybody knows crypto will be heavily adopted into TradFi at some point. This will vamp a decent amount from the stock market valuation (think more onchain IPOs, companies shifting significant operations or assets to blockchains, etc)
So it makes sense for people and institutions in TradFi to seek exposure in something like #SPX6900 which will benefit greatly from crypto adoption by TradFi and the general public due to its narrative and community.
We're already seeing TradFi and the governments around the world (US, China, Japan) getting more involved in crypto through stablecoins.
Almost every day now there's a new development in the stablecoin field, all these will lead to more mindshare and higher valuations for the unstable coin in the midst of stablecoins ($USDUC). Smart funds like @VikaraCapital are already gaining exposure.
Another notable thing is that the core communities of these coins have ridiculously high target valuations and are onboarding only believers, so they're relatively safer bets with less paper hands.
This post may seem wild, but institutions are coming to play a bigger role in the crypto ecosystem and they'll be more likely to buy these type of "memes" rather than "cat with sausage" which lacks long term outlook
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