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Topic: How are some of these PancakeSwap tokens getting such a large following? (Read 95 times)

hero member
Activity: 2268
Merit: 507
Those shittiest projects were forcing people to join in their group by inviting the members from the a lot of telegram group with big members.
I have ever got invited by the scam coin on its tele group caused by i was enabling the auto invite feature on my telegram. it's a very easy task to do that and you should not be surprised to see that if there was a lot of scam projects can get lots of followers instantly
sr. member
Activity: 1876
Merit: 259
My question is do you want to invest only based on followers on their social media accounts only??
there are many ways they can get followers, maybe through the Telegram channel which has a lot of followers who talk about new projects on the BSC blockchain and do marketing there apart from bounty and airdrops.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
They promise very high returns. That's why so many people are attracted to these projects.

I clicked on a random token on Pancakeswap and this is what it said on their website:

Quote
Cross-chain
Yield Enhancement
zkSNARKs-based privacy
Cyclone is the world first cross-chain, yield enhancement, zkSNARKs-based privacy protocol for all DeFi apps, with the decentralized governance and fair launch

It looks like just a bunch of buzz words thrown together. I doubt most of these tokens are actually trying to build anything. It is all just marketing and people being driven by greed.
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Good marketing and high yield rewards are the main proponents why followers of certain influencer are huge.  Most people are in for a quick buck and crypto really does the best in doing it with 4-digit insane % .
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Most likely they've got a marketing team that gathers following in every social media or telegram channel. These days, there are services that you can purchase to gain your following into a particular social media but of course, it costs a price. Unless the project is really solid and people voluntarily followed them.
copper member
Activity: 966
Merit: 14
Of course there are many projects on Pancakeswap, but don't get carried away as there are also scam projects. Talking about their large number of followers; nowadays it is easy as most of them always organize an airdrop before launching and of course some of the tasks is joining on Telegram through which they grow their group and following on twitter thus growing as well. Some can even go as far as asking participants to follow on other social media channels like Facebook and instagram.
Furthermore, you should also know that, most of those projects buys their twitter account, this I think is true because I once saw a project which claimed to be a new one but the twitter account shows another thing (2 years back).
Therefore I think the main issue should be looking towards the project to understand what they offers and not the number of followers.
hero member
Activity: 672
Merit: 500
usually they hold marketing activities such as airdrops or bounty for example renting some telegram channels, whose followers are large enough to do marketing and draw their community from there.
legendary
Activity: 2450
Merit: 1225
Simple just do the airdrop from various airdrop telegram channels, you got bosted by them but the member is not interested at all to the project they only want a small penny. And about a scam website impersonate the original project they will use bot "add" to "add" a member from the original group most of them will muted the channel/group so everyone can't chat only pinned a message about fake sale.
member
Activity: 210
Merit: 12
Do you even know how easy it is to have many followers on Twitter this days? Some even have some neat trick behind it, so don't count on it thinking that the projects have good aim that's why they have many followers it doesn't matter
full member
Activity: 546
Merit: 112
I think it all depends on the marketing strategy of the tokens. The cohesiveness of their holders to promote tokens is also a determinant, for example, shilling info tokens to other telegram groups, their social media, or participating in voting to increase the popularity of the tokens.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
They were doing various marketing just like bounty, inviting members from another group and something else. That's why they can get large followers in a short time. When you were doing massive marketing and then you can also attract so many investors to join in the telegram group. The main point is about how to create buzz word
The buzz word will attract new demand to join in the tg group.
full member
Activity: 187
Merit: 103
Most have 1000+ on telegram - 1000 - 10000 on twitter. I am very curious about how these tokens are getting such a large following. Do most of them do bounties here on bitcointalk, or is there a BSC bounty website or something
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