CryptoQuant CEO: Disagrees with the meme coin cycle theory, social media driven by economic interests is the next phase of Web3

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on social media, "I agree with everything meme coin enthusiasts talk about, except for the meme coin cycle.

Social media has evolved from being centered around relationships with friends and family to being centered around shared interests, and the next step is economically driven social media, which is also the vision of Web3. Memecoin is just a temporary combination of economy and common interests in the transitional phase of social media.

Soon, we will see an era where economic interests align with the social value creation of the internet, and that is when the real altcoin season will begin."