Fun

Memecoins To Mature By 2030? CEO Sees Stability On The Way

News Feed - 2025-01-29 03:01:08

Este artículo también está disponible en español.


The so-called memecoins, initially dismissed as something of a passing internet joke, now seem to have a big possibility of turning into a more serious asset class in the crypto space.


According to analysts, by 2030, these coins are likely to experience significant maturation, transitioning from speculative plays into recognized components of the financial ecosystem. Related Reading New Ethereum Addresses Hit 200K: What’s Behind The Massive Spike? 12 hours ago Current Status Of Memecoins


Currently, memecoins like Dogecoin and Shiba Inu are primarily fueled by social media hype and speculative trading. Their value can be extremely volatile, influenced by online trends and celebrity endorsements. Such volatility has created skepticism about their long-term sustainability. Pathways To Maturity


However, a number of events are still needed to develop these memecoins. The utility must go beyond speculation; having real-world uses such as acceptance in making payments or utility in decentralized finance, can contribute to their credibility. Source: CoinMarketCap


Regulation can provide clarity over what is secure and hence help facilitate further investment while improving the market’s reception for the memecoin.


Maintaining a strong hold of the community will also help, by regularly conveying transparency into their development, the analyst claims. The way value is assessed in the meme coin market is similar to that of the art market. Both markets legitimize intangible value through narrative.


If the very foundation of the meme coin market is considered a scam, then, by the same logic, the art market must also be viewed as… https://t.co/TAlmfGxByI


— Ki Young Ju (@ki_young_ju) January 26, 2025 Analyst’s View


Ki Young Ju, CryptoQuant Chief Executive Officer, says that the value of memecoins is no different from the value of art because it is founded on collective belief and narrative.


He believes that memecoins will eventually go through a “disillusion phase” before maturing gradually. To him, it is possible for memecoins to stabilize and even become legitimate pieces of the crypto ecosystem by 2030.


Market Projections


Recent study indicates that memecoins are taking center stage in the cryptocurrency market. Their market share increased from 0.87% to 2.58% in the third quarter of 2024. This might increase to 3.54% by 2025 and 7.81% by 2030, according to projected data, indicating a significant increase in market value and daily trading volumes. Total crypto market cap at $3.44 trillion on the daily chart: TradingView.com Obstacles Along The Way


Despite optimistic predictions, memecoins encounter a number of challenges as they mature. Investors are at risk due to their intrinsic volatility and lack of intrinsic value. Moreover, the need for technological advancements to improve scalability and security is paramount. Related Reading Want To Get Rich? Here’s How To Create A Coin Like XRP From Scratch—Expert 1 day ago


Regulatory ambiguities also loom large, with the possibility of heightened scrutiny that might affect their adoption and growth. The Road Ahead For Memecoins


The transition of memecoins from online memes to sophisticated financial instruments is extensive. Through strategic advancements in utility, regulatory adherence, and community involvement, they may become essential components of the cryptocurrency market by 2030. The maturity of memecoins is a trend deserving of attention as the cryptocurrency environment evolves.


Featured image from Medium, chart from TradingView

News Feed

Visa Partners With Over 65 Crypto Platforms — Crypto-Linked Card Usage Soars Despite Price Volatility
Visa Partners With Over 65 Crypto Platforms — Crypto-Linked Card Usage Soars Despite Price Volatility Visa has now partnered with more than 65 crypto platforms and exchanges. In
Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs
Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs The art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocur
Derek Andersen12 hours agoSwiss central bank announces plans for wholesale CBDC pilot with ‘real money’: ReportThomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank sti
Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives
Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads DerivativesThe latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15
The Bitcoin halving is coming — How are options traders positioned?
Marcel Pechman7 hours agoThe Bitcoin halving is coming — How are options traders positioned?Crypto traders expect the upcoming halving to send BTC price much higher, but what does the options market say about pro trade
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried
Chainlink Price Could Start ‘New Bull Rally’ – Here’s The Level To Watch
Este artículo también está disponible en español. The Chainlink price was one of the several victims of the bearish pressure that swept the entire crypto market at the st
World’s largest pension fund explores diversifying into Bitcoin
Helen Partz1 hour agoWorld’s largest pension fund explores diversifying into BitcoinJapan’s Government Pension Investment Fund, the largest pension fund in the world, is willing to learn more about Bitcoin as a poten
Bitcoin eyes 7-month win streak for the first time
Zoltan Vardai7 hours agoBitcoin eyes 7-month win streak for the first timeThis would be the first time that Bitcoin price rallied for seven months in a row.5989 Total views15 Total sharesListen to article 0:00Markets New
Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase
Elon Musk"s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase Tesla is facing more scrutiny over its $1.5 billion dollar
Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million
Acclaimed NFT Artist"s Blockchain-Backed Digital Art Auction Raises $3.5 Million Blockchain-backed digital art is continuing to make waves and this week an artis
How acclaimed composer Hans Zimmer got to write a crypto theme song
Savannah Fortis12 hours agoHow acclaimed composer Hans Zimmer got to write a crypto theme songThe iconic film composer Hans Zimmer has collaborated with Tron to create a theme song for the Web3 generation, blending his s