Ki Young Ju, the CEO of CryptoQuant, recently offered a new perspective on meme coins, viewing them beyond speculative assets and as a manifestation of deep human psychology. He associates meme coins with Carl Jung’s collective unconscious theory, considering them contemporary digital archetypes shaping financial markets. Ju divides meme coins into two main categories: tokens with animal themes like Dogecoin (DOGE) and Shiba Inu (SHIB), reflecting folk traditions, and celebrity-based meme coins like Trump (TRUMP) and Melania (MELANIA), drawing inspiration from hierarchical structures. He also compares meme coins to the art market, believing their value comes not from intrinsic functionality but from cultural narrative power, demonstrating how collective beliefs in certain segments of the digital currency market are value creators.
