Apr 23, 2024

Kavita Gupta, founder and general partner at Delta Blockchain Fund, weighs in on the life cycle of meme coins and why they tend to be more risky than AI-related tokens.

Video transcript

ICO in life cycle is five days, I guess. Right. And that happens 90% on telegram balls. You don't like. My first DJ was on a telegram board. I forgot the name of the board, but it's like really cool. And uh because moving money from my Coinbase or Mera Mas from uh from e network to base based Tola or to do network is just too much, too much friction. And Alfred, so I literally bought my first agent on this. Telegram bought Alfred. So if you're doing that, I think A I token still have some technology. If not in this cycle, maybe over two years, good builders will continue to build and have a lot of value associated with it. So I would say if you're doing main coins A I movement is less risky. Uh It may not give you 1000 X return. It may give you 10 X and 15 X returns. Uh But it is more valuable.

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