CryptoQuant CEO Ki Young Ju posted on social media that although he is not a fan of Memecoin, he believes it has potential value. He compared crypto exchanges to channels through which internet capital flows into the psychic energy of society. However, at present, Memecoin has mainly had a negative impact and has led to accusations against industry leaders such as crypto exchanges. He further pointed out that the current phenomenon of Memecoin resembles primitive collective consciousness, and that these communities operate in a manner similar to shared belief systems, with the potential to evolve from "shamanic movements" to more structured belief systems. Ki Young Ju believes that harmful Meme communities should be rejected, while Meme cultures that promote positive spiritual energy can be supported. While Memecoin has limited value at this stage, in the long run, Meme tokens with practical uses and mature systems may emerge. He envisions that in the future, religious organizations, charities, and non-governmental organizations (NGOs) may issue memecoins with social value, providing new social and economic models for the Internet community.