According to CryptoQuant founder and CEO Ki Young Ju, memecoins have a lot in common with shamanism and ancient religions.
In his opinion, memecoins can be called, in general, a kind of archetype of the collective unconscious of human civilization. According to Ki Young Ju, memecoins dedicated to animals are in many ways related to shamanic methods, where shamans perform rituals while in altered states of consciousness.
Memcoins that developers launch in honor of famous people are actually based on religions that honor Jesus Christ or Buddha, says Ju.
He emphasized that success in the cryptocurrency industry can be achieved by creating assets that will not only be in high demand, but will also strengthen customers' faith in achieving well-being and wealth.
At the same time, he drew attention to the fact that memecoins carry risks, and if you invest in them without a clear strategy, you can lose almost all of your invested funds. A few days ago, one of the traders committed suicide, having lost his last $500 due to investments in a fraudulent token .
