CryptoQuant founder: The current dominance of Meme coins may be due to the lack of strong fundamental narratives for most altcoins

PANews reported on November 17 that Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform that cryptocurrency traders are like game players, and Web3 projects are their game developers. Creating an engaging experience in Web3 is more about art than business, and for dopamine-driven individuals, making money is the ultimate game.

Meme coins currently dominate the cryptocurrency market as most altcoins lack a strong narrative based on fundamentals, but a stablecoin-driven Web3 ecosystem is emerging - this is the new genre for analytical investors, just like RPGs are as distinct from FPSs, this future is near, and we are eager to dive in and find alpha through on-chain data.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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