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The chief executive of market intelligence firm CryptoQuant is identifying a “killer” future use case for crypto assets. In a new thread, Ki Young Ju tells his 402,000 followers on the social media platform X that the political process will eventually become tokenized due to its narrative-driven nature. According to Ki, the way digital assets are designed makes them a perfect fit for politics, noting that Trump’s crypto asset Official Trump (TRUMP) – which launched last month – is just the start. “PoliFi will be crypto’s killer use case. A strong crypto asset attracts capital and talent through a compelling narrative, forming a self-building internet organization. A narrative gains strength when it: 1) Resonates with the majority. 2) Features extreme, provocative themes. 3) Sparks divisive debate. Politics checks all three boxes – it’s widely relatable, provocative, and inherently polarizing. Political parties should issue ...

The cryptocurrency market has taken a toll over the last few days. The global crypto market cap has dipped 3.7% in the previous 24 hours to $3.49 trillion. Solana (SOL) and Ripple’s XRP follow the current downward trend. Also Read: Does Youtube TV have the History Channel? SOL and XRP’s Current Price Movements Source: Bitifinanzas SOL is down 2.6% in the daily charts, 3.3% in the weekly charts, 16.7% in the 14-day charts, and 18.1% over the previous month. Despite the dip, SOL has maintained some gains in the yearly charts, rallying 74.6% since December 2023. Source: CoinGecko XRP’s price, on the other hand, has fallen 3.6% in the daily charts, 6.7% in the weekly charts, and 7.8% in the 14-day charts. The asset has rallied 59.1% over the previous month and 252.2% since December 2023. Source: CoinGecko Looking at their current price movements, Ripple’s XRP token seems to be outperforming Solana (SOL). Why Is The Cryptocurrency Market Down? Source: Watcher Guru The...