Good quality phono cables are made for the extremely low voltage of the output from the turntable. The signal from the turntable to the Phonostage are really critical.
Now, on the other hand… it depends on the quality of your turntable and phonostage, as well as the rest of your system.
If you are talking about a $200 table into a $200 Phonostage, that is different than a $2K/$2K, versus a $20K turntable / $20K Phonostage.
The answer depends on your system.