Although Memecoin beings have been seen as speculative investments for years, analysts foresee a different future. Cryptoquant CEO, Young Ju, thinks that the memecoins will turn into a more stable and legitimate crypto segment over time. However, a few important changes are required for this transformation.
How will the Memecoin market evolve?
Young Ju says that the memecoins look like the art market. Most of its values are based on community narratives and popular culture. According to him, seeing the memecoins as fraud because they are speculative means to evaluate the art market in the same way.
Today, most of the memecoin has a limited use and is largely fed with Hype. However, he argues that this will change over time. The market will come out of the “inflated expectation” stage and move to a point where real potential is noticed. More functional and sustainable projects will survive until 2030.
Are Mecoin beings still speculative?
Today, the memecoins are largely directed with social media impact and community support. Popular Memecoins such as Dogecoin (Doge), Shiba Inu (Shıb) and Pepe (Pepe) experienced harsh decreases up to 27 %in the last week.
However, the total value of the Memecoin market reached $ 97.5 billion. This shows that the speculation is still strong, but that the memecoins began to take place in the crypto ecosystem. As the investor interest continues, these assets can be accepted wider over time.
What do you need to ripen the memecoins?
A few basic elements stand out for the transformation of Memecoins into a real financial existence. First, they only need to exist with HYPE and develop wider uses. Payments, gaming industry and decentralized applications such as taking place in areas such as, making them more functional. Regulations are also of great importance. More clear legal frameworks may attract corporate attention by increasing investor confidence. In addition, technological developments will increase the scalability and adoption of memecoins.
Community support will be the most critical component of this transformation. Memecoin projects can build a more robust ecosystem by establishing strong partnerships and setting long -term goals. As a result, by 2030, the market is expected to keep only the most powerful memecoins alive. In this process, projects that produce real value will come to the fore. In addition, memecoins can turn into a more permanent financial asset.
