Justin Sun: Meme Coins Are About Converting Internet Attention into Money

BlockBeats news, on August 27, Justin Sun stated in a recent interview with LatePost that Meme coins are a way to convert internet attention into money. For example, if a Biden coin were issued now, no one would buy it because Biden has not completed the transition from being the name of the U.S. President to an IP or a meme. There is a significant gap between the ability for anyone to issue a coin and the recognition of the issued token. One must stand out in the internet attention economy to become a winner.