CryptoQuant CEO compares memecoin market to art market, predicting market evolution by 2030.
Ki Young Ju, the CEO of analytical platform CryptoQuant, compared the memecoin market to the art market, suggesting that both markets are valued through storytelling. Highlighting the $88 billion value of the memecoin market against the $550 billion art market, he emphasizes that if memecoins are perceived as scams, the same view should be applied to the art market. Ju predicts that the memecoin market will mature similarly to the evolutionary path of Bitcoin (BTC) by 2030, resolving current issues like scams and price manipulation in this market.
