Ki Young Ju, the founder and CEO of CryptoQuant, predicts a major shift in the altcoin market within the next five years. He predicts that the time for altcoins driven entirely by internet hyping activities will reach its end.
Meme Coins and Celebrity Tokens Have Limited Long-Term Value
The future of meme coins involves their transformation into gambling tools only while they remain an active market component, according to him. The value of tokens backed by celebrities will match the adult entertainment industry but will not extend beyond this category. He predicts altcoins will transition into valuable financial instruments while some others will remain restricted to gambling activities.
Real utility in altcoins will turn them into management agreements for workers who deliver internet-based services. They will merge with a complete economic system consisting of digital assets and distributed economic resources. Users accessing valuable information on the internet will receive compensation through these digital assets.
Ki Young Ju presents a firm stance against the notion that Bitcoin ($BTC) stands alone as a viable cryptocurrency option. He denounces people who fail to recognize the continuous growth of altcoins. He appealed to his followers to stop using the Bitcoin banner by asking them to leave him behind.
CryptoQuant CEO Urges Rational Discussions on Altcoins
The expert states that every public discussion about alternative coins leads to negative reactions from others. The discussion about cryptocurrencies should not become emotional because he strongly opposes this habit.
A changing perspective within the crypto industry can be found in his statements. The evolution of altcoins has gone past their position as purely speculative assets according to numerous experts. Real-world projects will emerge to drive digital economy development as markets evolve toward maturity.
While some investors remain skeptical, CryptoQuant CEO remains confident. He thinks genuine crypto projects implementing practical purposes will establish what comes next in cryptocurrency adoption.
