Memecoins and Retail Trends to Drive Crypto Growth: Ki Young Ju
The post Memecoins and Retail Trends to Drive Crypto Growth: Ki Young Ju appeared on BitcoinEthereumNews.com.
Retail investors have always been influenced by new trends in financial markets. Following popular movements is a key part of investing. The meme investing concept can be extended even to traditional methods such as investing in the S&P 500. However, this is the behavior common among retail investors, according to Ki Young Ju, CEO of CryptoQuant. Trump Opened the Era of Meme Coins For retail investors, financial markets have always been about chasing memes. Following trends is nothing new—it’s just how they’ve always operated. Even the decades-long mantra of “invest in the S&P 500” that many followed for their pensions… — Ki Young Ju (@ki_young_ju) January 20, 2025 Retail Investors Follow Trends, Says Ki Young Ju, CEO Now due to the rise of the internet and social media ideas can become spread very fast. More people are able to invest on platforms like Robinhood and crypto exchanges. A great many are leaving traditional savings such as banks or index funds. However, most retail investors are not expert on stocks. Instead of this, they follow trends and influencers. Considering one example, Elon Musk’s influence on Tesla stocks is enough to significantly sway investments. This behavior causes the market to be volatile and institutional players can make profit on this. Ki Young Ju says that such a thing is not expected to have the retail investors achieving the same level of expertise in investing. Unless there are strong government regulations to the contrary, this trend will continue. However, less regulation seems in the offing for this behavior in the Trump administration. It seems like their approach is that if it is inevitable, use them. It is clear when Trump launches his own cryptocurrency, which he did. Trump’s $TRUMP Coin Reflects the Shift Toward Decentralized Finance Trump’s $TRUMP coin is just one form…
Filed under: News - @ January 20, 2025 10:23 pm