Meme coins gained widespread recognition, particularly following the launch of the TRUMP ($41.71) token by U.S. President Donald Trump. Recent activity in the meme coin space ignited a new wave of interest despite their lighthearted nature. Initially skeptical, CryptoQuant CEO Ki Young Ju changed his stance, appreciating the growth and evolution of these cryptocurrencies.
CryptoQuant CEO and Meme Coins
In a post on the X platform, Ki Young Ju praised meme coins as the “spiritual energy of internet society.” Adjusting his earlier position, he acknowledged that he underestimated the significance of meme tokens.
Meme coins are the spiritual energy of internet society.
Previously, the CryptoQuant CEO labeled meme coins as “gambling products,” indicating that the crypto industry was in crisis. However, in a January 20, 2025 X post, Young Ju remarked that Trump initiated the “meme coin era,” praising the evolution of these humorous cryptocurrencies.
As long as memes have sufficient mind share, meme coins can take countless forms in the future. The possibilities are practically endless… The fundamental reality behaving like a meme in financial markets does not vanish, so it is worth considering how to make the best of it.
Before his presidential inauguration, Trump launched the TRUMP token, garnering both ac…
