• Ki Young Ju predicted that memecoins could mature into stable, legitimate assets by 2030.
• For memecoins to evolve, they must expand utility, gain regulatory clarity, and maintain community engagement.

The memecoin market has often been viewed with skepticism, criticized for its speculative nature and reliance on hype. However, Ki Young Ju, CEO of CryptoQuant, envisions a brighter future for memecoins.

He predicted,

“The market will enter the trough of disillusionment, followed by years of gradual maturation.”

According to him, by 2030, memecoins could transform into a more stable and legitimate part of the crypto landscape. Despite their current volatility, Ki remains optimistic about their long-term potential.

But how will memecoins make this transition?

Ki Young Ju’s prediction

Ki’s perspective aligns with the crypto hype cycle he has discussed. He suggests that memecoins are currently at the “Peak of Inflated Expectations.”

While they thrive on speculative frenzy, they face criticism due to their limited real-world application.

As the market enters the “Trough of Disillusionment,” hype is expected to fade, leaving behind only those focused on innovation and sustainability.

By 2030, Ki believes memecoins could reach the “Plateau of Productivity,” contributing meaningfully to the crypto ecosystem.

This evolution would blend their community-driven origins with enhanced utility, regulation, and legitimacy.

Speculative nature of memecoins today

The speculative nature of memecoins remained a defining characteristic, as evidenced by the volatile trends seen in their prices and social media activity.

According to the data, coins like Dogecoin [DOGE], Go to Source to See Full Article
Author: Samantha LKM