CryptoQuant CEO: Memecoin may evolve into a digital Consensus system with social value

PANews reported on February 2nd that CryptoQuant CEO Ki Young Ju said on social media that although he is not a fan of Memecoin, he believes it has potential value. He likened it to a channel for the influx of capital from the internet into the social spirit, but currently Memecoin mainly has a negative impact and has led to criticism of industry leaders such as encryptionexchange. He further pointed out that the current phenomenon of Memecoins is similar to the primitive collective consciousness, and the way these communities operate is similar to a shared belief system, which may evolve from a 'shamanic movement' into a more structured belief system. Ki Young Ju believes that harmful Meme communities should be rejected, while Meme cultures that promote positive spiritual energy can receive support. Although Memecoins currently have limited value, Meme tokens with practical uses and mature systems may emerge in the long term. He envisions that in the future, religious organizations, charities, and non-governmental organizations (NGOs) may issue Memecoins with social value, providing new social and economic models for the Internet community.