CryptoQuant CEO Ki Young Ju believes that memecoins are not just speculative assets but are rooted in deep human psychology and cultural history. He sees them as modern digital archetypes that influence financial markets, similar to myths and religious symbols. Ju classifies memecoins into animal-themed and celebrity-based categories, comparing them to ancient shamanistic traditions and hierarchical structures. Despite skepticism, memecoins continue to thrive due to their psychological appeal and the strength of their cultural narratives.

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