Odaily Planet Daily News: Renowned trader Anselm said at Messari's Mainnet conference in downtown Manhattan on Tuesday that he will approach the recent trend of cryptocurrency in a different way. The controversy surrounding the obvious rugpull phenomenon has caused celebrities to make money but harmed retail investors. Anselm, whose real name is Zion Thomas, said in a fireplace chat with Debra Nita, YAP's global assistant director, "One thing I have to get used to is that anything that has a slight connection or relevance to me is seen as an endorsement because I have a lot of fans online. You have to be more careful to assume that everyone has the best side. Finance is important The initial argument was that there is a lack of consumer applications in the encryption field - I don't want to say PMF (Product Market Fit). They lack a way to enter the Web2 field, "Anselm added, adding that celebrities with" millions of followers "can use their" social capital "to re engage people's interest. However, he admits that this does not always work. For example, according to reports, the team of rapper Sexy Red owned 90% of the PRESI token supply at the time of release, while Caitlin Jenner's promised token for promotion dropped by 99% from its historical high. One reason for the good performance of this cycle (Meme coin) is that Solana allows retail investors to trade with very little money. And the user experience of online transactions is much better than the previous cycle, "said Anselm, who is also an early supporter of Solana. He pointed out that the high fees of the Ethereum mainnet have limited the previous transaction cycles. Despite the recent cooling of the Meme coin industry, Anselm still believes that this trend will continue for a long time. He also expressed a particular interest in emerging chains, including Monad, Berachain, and Movement, as well as "alt VM" such as Move VM and Solana's SVM. (The Block)