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