CryptoQuant CEO Discusses Potential Value of Meme Coins

According to Odaily, CryptoQuant CEO Ki Young Ju recently shared his thoughts on the potential value of meme coins on the X platform. Although he does not consider himself a fan of meme coins, he acknowledges their potential significance. He compared cryptocurrency exchanges to channels that direct internet capital into societal spiritual energy. However, he noted that meme coins currently have a predominantly negative impact, leading to criticism of industry leaders such as crypto exchanges. Ki Young Ju further explained that the current meme coin phenomenon resembles a primitive form of collective consciousness, with communities operating like shared belief systems. He suggested that these could evolve from "shamanistic movements" into more structured belief systems. He emphasized the need to reject harmful meme communities while supporting those that promote positive spiritual energy. While meme coins have limited value at present, Ki Young Ju believes that in the long term, meme coins with practical uses and mature systems may emerge. He envisions a future where religious organizations, charities, and non-governmental organizations might issue meme coins with social value, offering new social and economic models for internet communities.