Odaily Planet Daily News Mechanism Capital's co-founder Andrew Kang stated in a post on the X platform that without a doubt, Frogs are the dominant animals in the current cycle. In the previous cycle, the wealth effect flowed from L1 to the DeFi tokens in the ecosystem. The logic of this cycle is the same, with ecosystem tokens being other prominent frog coins, including Pepecoin (OG Pepe coin) and Apu Apustaja (equivalent to Shib in the Pepe coin).
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Odaily Planet Daily News Mechanism Capital's co-founder Andrew Kang stated in a post on the X platform that without a doubt, Frogs are the dominant animals in the current cycle. In the previous cycle, the wealth effect flowed from L1 to the DeFi tokens in the ecosystem. The logic of this cycle is the same, with ecosystem tokens being other prominent frog coins, including Pepecoin (OG Pepe coin) and Apu Apustaja (equivalent to Shib in the Pepe coin).