CryptoQuant’s CEO, Ki Young Ju, predicts a major future use for crypto: political tokenization. He believes the inherent characteristics of crypto make it a perfect fit for the political landscape.
PoliFi: Crypto Meets Politics
Ju argues that the narrative-driven nature of politics aligns perfectly with how crypto assets function. He points to the recent launch of the Trump-affiliated token, TRUMP, as an early example. He envisions a future where political parties issue their own cryptocurrencies. This “PoliFi,” as he calls it, would allow members to invest in their party, fostering a sense of community and allowing the free market to gauge public sentiment. He imagines scenarios like Republican and Democratic party coins, and even ETFs tracking politician-backed tokens.
The Current Crypto Climate
Ju also notes a “selective” altcoin season is underway. While many altcoins are struggling, those linked to institutional adoption, stablecoins, and meme coins are faring better. He points out that only a few altcoins currently show strong correlation with Bitcoin’s price movements. Ethereum, for example, is relatively sluggish.
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