CryptoQuant CEO: I disagree with the "meme cycle" theory. Economically driven social media is the next stage of Web3

Odaily News Ki Young Ju, CEO of CryptoQuant, said on his social platform: "I agree with everything that meme coin enthusiasts talk about, except the 'meme token cycle'. Social media has evolved from being centered on friends and family relationships to being centered on common interests. The next step is economic interest-driven social media, which is also the vision of Web3. Memecoin is just a temporary combination of economy and common interests in the transition stage of social media. Soon, we will see an era where economic interests are consistent with the creation of social value on the Internet, and then the real altcoin season will begin."