Meme Coins Can Find Order and Become Less Chaotic, Says On-chain Analytics Platform CyproQuant Founder

Ki Young Ju, founder and CEO of On-chain analytical platform CyproQuant, is convinced that meme coins can find order and become less chaotic.

On-chain analytical platform CyproQuant founder and CEO Ki Young Ju has shared his thoughts on meme coins, a class of cryptocurrencies that have gained immense popularity over the last few years.

Ju, who shared his thoughts in a post on X, was responding to meme coin analyst Murad Mahmudov's predictions.

Mahmudov, who was present at the Token2049 Crypto event in Singapore, highlighted the importance of meme coins in the broader crypto market and made bullish long-term predictions for the meme coin sector.

The analyst predicted that meme coins, which are currently valued at $40 billion, will hit $1 trillion in market cap valuation. He also said that more than 10 meme coins will attain a market cap value exceeding $10 billion.

"Meme coins, which are currently valued at $40 billion, will hit $1 trillion in market cap valuation," Mahmudov said.

"The analysis shows that more than 10 meme coins will attain a market cap value exceeding $10 billion."

In response to Mahmudov's predictions, Ju stated that meme coins could boost their relevance by playing a role in solving social problems, which might lead to their asset status being elevated.

Ju sees donations as the way for meme coins to strengthen their significance across the broader cryptocurrency market.

He added that donations are the most relative path to order, and investors, even conservatives, will be more inclined to invest if their investments feel like a donation.

The crypto proponent also shared his interest in purchasing a meme coin that's associated with World Vision, a Christian nonprofit organization.

"Meme coins are chaotic but could find order. If they used to resolve social problems, their asset status might elevate," Ju said.

"If investing feels like donating, even conservatives might accept them. Donations seem the most realistic path to order. I'd buy a @WorldVision meme coin."

Ethereum's co-founder weighs in on meme coins and crypto donations

In related news, Ethereum co-founder Vitalik Buterin has also made statements about meme coins. Buterin, who stated that meme coin donations have importance, made some donations to charity organizations using meme coins.

In a recent tweet, Buterin disclosed that he donated meme coins to an anti-airborne disease tech after receiving 10 billion worth of MooDeng as a gift.

Additionally, he donated the bull tokens that were gifted to him. Buterin suggested that a community-focused DAO be created to strengthen the meme coin donation process.

"I've said before that I think the best thing for meme coins is if they can be maximally positive-sum for the world, so it’s great to see moments when that actually happens!" Buterin wrote.

At press time, the market recorded a 1.69% increase in total market cap value over the last day, bringing the global cryptocurrency market cap to $2.13 trillion.

Leading meme coins like Dogecoin and Shiba Inu collectively lost 10% of gains within 24 hours. Both are trading at $0.1074 and $0.00001719, respectively.