3AC has been born again as the edgelord memecoin outfit Three Arrowz Capitel, and the South Korean Kimchi Premium has turned to a discount.
Once glorified as a multibillion-dollar powerhouse in the crypto investment world, the founders of Singapore-based Three Arrows Capital (3AC) have taken a sharp turn into memecoin territory with their latest pivot.
Su Zhu, the co-founder of 3AC, recently ramped up his public memecoin trading game with a tweet saying, Run it back, with subsequent announcements in new investments like “Fat Girlfriend and Astrofolio yes, a bundle of tokens based on astrological signs.
Zhus new investment thesis jumps on the so-called memecoin supercycle.