CryptoQuant Founder: The Dominance of Meme Coins May Be Due to the Lack of Strong Fundamental Narratives in Most Altcoins

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that cryptocurrency traders are like gamers, and Web3 projects are their game developers. Creating engaging experiences in Web3 is more of an art than a business; for dopamine-driven individuals, making money is the ultimate game.

Currently, meme coins dominate the cryptocurrency market, as most altcoins lack a strong narrative based on fundamentals, but a stablecoin-driven Web3 ecosystem is emerging—this is a new genre for analytical investors. Just as RPGs and FPSs are distinctly different, this future is very close, eager to dive in and seek alpha through on-chain data.