CryptoQuant CEO: I disagree with the "meme cycle" theory. Economically driven social media is the next stage of Web3
Ki Young Ju, CEO of CryptoQuant, said on his social media platform: "I agree with everything meme coin enthusiasts talk about, except for the 'meme token cycle'. Social media has evolved from being centered around friends and family relationships to being centered around common interests, and the next step is social media driven by economic interests, which is also the vision of Web3. Memecoin is just a temporary combination of economics and common interests in the transitional phase of social media. Soon, we will see an era where economic interests are aligned with the creation of internet social value, and that is when the real season of altcoins will begin."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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