The chief executive of market intelligence firm CryptoQuant is identifying a \u201ckiller\u201d future use case for crypto assets.<\/p>\n
In a new thread, Ki Young Ju tells<\/a> his 402,000 followers on the social media platform X that the political process will eventually become tokenized due to its narrative-driven nature.<\/p>\n According to Ki, the way digital assets are designed makes them a perfect fit for politics, noting that Trump\u2019s crypto asset Official Trump (TRUMP<\/a>) \u2013 which launched last month \u2013 is just the start.<\/p>\n \u201cPoliFi will be crypto\u2019s killer use case. <\/em><\/p>\n A strong crypto asset attracts capital and talent through a compelling narrative, forming a self-building internet organization. <\/em><\/p>\n A narrative gains strength when it: 1) Resonates with the majority. 2) Features extreme, provocative themes. 3) Sparks divisive debate. <\/em><\/p>\n Politics checks all three boxes \u2013 it\u2019s widely relatable, provocative, and inherently polarizing. Political parties should issue their own coins. Members would invest, fostering belonging, while the free market quantifies public sentiment. <\/em><\/p>\n Given their built-in narratives, these communities would be self-sustaining and highly engaged. Imagine the Republican and Democratic parties launching official PoliFi coins. Imagine ETFs (exchange-traded funds) tracking politician-backed tokens. Trump Coin is just the beginning.\u201d<\/em><\/p>\n TRUMP is trading for $17.39 at time of writing, a fractional increase on the day.<\/p>\n Ki goes on to note<\/a> that a \u201cselective\u201d altcoin season is here, meaning that altcoins from certain groups are managing to stay afloat amid uncertain market conditions.<\/p>\n \u201c\u2018Only a few altcoins have a high correlation to Bitcoin right now. Infra coins like Ethereum are sluggish, while those tied to institutional adoption, stablecoins, and memes have survived.\u201d<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Featured Image: Shutterstock\/Moksha Labs\/Natalia Siiatovskaia<\/span><\/em><\/p>\n<\/p><\/div>\n
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<\/center><\/p>\nDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n
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