$Hosky and $Snek ... Meme plays for ADA during Midcap Mania?exposure to the largest memes/Nft's in an ecosystem is a way to capitalize on the coming midcap mania
The key is to find ecosystems that have very little competition and a clear main winner that is cheap (so memes on bnb may not be a good choice b/c there are too many to choose from)
view meme as a leverage play on future capital inflows to an ecosystem. but with no liquidation risk other than rug risk.
meme vs NFT is a bit of a judgement call (based on the chain ecosystem).
NFT is good if u can get into the Major #1 collection early .. AND the chain has thriving NFT/Gaming focus (Example Aptos Monkeys on Aptos .. Bad kids on Stargaze)
for most thought the easiest and safest way is to go for the top Meme with strong ecosystem support. if it is backed by a dex or a team even better
and YES institutional money IS using meme as exposure b/c of the marketing and limited risk (no team, no security classification, ability to control liquidity)
can look at SOL / Base /Optimism /other l2's which have launched and laid out the playbook
