The article discusses the concept of feeding different "wolves" in the crypto industry, symbolizing various aspects or trends within the sector. The author highlights two prominent wolves in the current cycle: Wall Street adoption and memecoin casinos. They suggest that while the vision of tokenization and widespread adoption by traditional finance is desirable, memecoin casinos currently dominate the industry. The article also mentions the need for public blockchains that can handle large influxes of activity without degrading service, and the potential for long-term investments in crypto by funds. The author concludes that for old-world financial institutions to fully embrace crypto, more emphasis must be placed on feeding other aspects of the industry beyond memecoin casinos.



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