Gate Founder Dr. Han: Not measuring new things by traditional asset logic, Meme coins also have value

PANews January 22 News, Gate founder and CEO Dr. Han responded to the topic “Do Meme Coins have value, and will individuals purchase them” in the latest AMA interview hosted by Gate. He stated that he would not buy Meme Coins as investment targets but would engage in actual trading within products like Gate Alpha and Perp DEX to understand user behavior and market psychology. In his view, there is a common misconception in the market that Meme Coins and the entire crypto industry are still evaluated using traditional asset or stock valuation frameworks, which is fundamentally flawed. Just as early attempts to understand Bitcoin using traditional stock logic proved ineffective.

Dr. Han pointed out that some decentralized applications have already demonstrated unique value in specific scenarios, such as prediction markets accurately assessing events like the US presidential election, sometimes even outperforming traditional institutional models. He believes that Meme Coins are not inherently “valueless,” but rather require understanding the emotions, consensus, and experimental attributes they carry from the correct perspective, rather than simply applying traditional asset valuation systems.