CryptoQuant CEO says Trump opens new era for meme coins

Ki Younger Ju, who’s the CEO of CryptoQuant, has mentioned that Donald Trump has set a brand new period for meme cash.  

In a latest submit on X, Ki famous how Trump’s launch of TRUMP capitalizes on the retail investing development that continues to dominate, turning speculative fervor right into a potent power. With the arrival of the Official TRUMP (TRUMP) token, which launched on Jan. 18, Trump is shifting ahead with hypothesis on retail-driven crypto markets to safe income by leveraging his monumental fan base.

Trump Opened the Period of Meme Cash

For retail traders, monetary markets have all the time been about chasing memes. Following traits is nothing new—it’s simply how they’ve all the time operated. Even the decades-long mantra of “spend money on the S&P 500” that many adopted for his or her pensions…

— Ki Younger Ju (@ki_young_ju) January 20, 2025

Retail traders have all the time pumped cash into monetary market traits, and many years of “investing within the S&P 500” is like investing in meme cash, Ki argued. Now, the retail investor performs the sport as hype-forming influencers are adopted, traits are replicated, and entrepreneurs are idolized, aided by platforms similar to Robinhood and crypto exchanges, which facilitate lively participation. He says the Official Trump coin is the right illustration of this story, which is closely aided by a military of Trump believers. 

Versus conventional investments, Ki mentioned, the movie star meme cash — similar to TRUMP — doesn’t create direct worth. Their worth as a substitute comes from their energy of community-building. He mentioned Trump’s coin most likely received’t tank till he pulls the rug from beneath along with his avid fan base. Many others inside the crypto group, nevertheless, imagine {that a} rug pull may not be within the playing cards for the Trump token which has a market cap of 45 billion, as per CoinMarketCap. 

I don’t suppose he’s going to rug both – I belief the distribution as communicated

However, it’s barely completely different than promoting a scarf

These items are much more liquid than bodily items with much more insider information

I simply hope they have been good: https://t.co/qhCig6vK09 pic.twitter.com/TyjNSlo4UZ

— Zack Guzmán (@zGuz) January 18, 2025

Ki additionally foresees an increase of different meme-influenced digital property within the decentralized crypto market. The professional-free-market method below Trump will imply little regulation. This implies dozens of meme coin communities can experiment their destiny over the following 4 years, till 2028. Nevertheless, Ki has cautioned that though these meme cash have the potential to advertise goodwill and innovation, they is also utilized by malicious teams. One such instance was seen within the case of the Hawk Tuah meme coin, which crashed 88% in 20 minutes in December.