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 multi-billion dollar powerhouse in the crypto investment world, Singapore-based Three Arrows Capital (3AC) founders have taken a sharp turn into memecoin territory with their latest pivot.
Su Zhu, the co-founder of 3AC, recently ramped up his public meme coin 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.