CryptoQuant founder: The cryptocurrency industry is in crisis, with poor performance of altcoins this year and no capital inflows

Odaily Planet Daily News: CryptoQuant founder Ki Young Ju wrote on X platform that the crypto industry is in crisis, and in the past, the crypto industry itself was like a game. The game abstracts the path of human happiness and provides a joyful experience similar to that in real life by triggering dopamine release. The performance of altcoins in 2024 is dismal. Funds have not flowed into this industry. If we don't create a new game to stimulate traders' dopamine, the cryptocurrency industry will face long-term stagnation. Ki Young Ju said, "Some people are even building completely different ecosystems to the point where they are classified as belonging to industries outside of encryption. Where have the builders who inspire us and explore new technologies gone? Why have they left? I don't know. I want to ask Vitalik Buterin