Topic: If a token keeps falling, how to save it - page 3. (Read 405 times)

Lots of factors at hand really, and even then a lot of it depends on what type of coin you're trying to sell to the people. Are you selling a shitcoin/memecoin? Are you selling a crypto with short-sighted use-case? A protocol coin? All of this will be very important into figuring out why people don't want your shit. But here's a couple of things that you really should look into when you start selling your coin, or as soon as you see a massive and/or consistent decline in the interest of people towards your crypto.

First off, as many people here have already pointed out, you need to figure out what type of marketing works best for your crypto, and that includes getting it into the right people as well, those that will be more interested into buying your coin more than any other people. Social media's been so powerful these years that you can do all of this in a snap of a finger, in the very same platform you're advertising your cryptocurrency. Figure out how that works and when you play your shit right, you should see a shoot up in cryptobro interest once again.

Another thing you should look for is the density and quality of the use-cases you're trying to sell. Are you looking to revolutionize the industry? Or are you going to be yet another crypto shitcoin project with a tradable NFT system to be implemented in the future? People are becoming smarter nowadays and are not willing to settle for less anymore, reinvent how you want to serve your people and you should see a recovery.

First you find the altcoin section of the forum not Bitcoin, not knowing the difference will make things considerably harder to progress.   The beneficiary of any blockchain should be the people the users who bother to get involved not the creator, if we are in the Bitcoin section then take the history of the first blockchain to heart by following Satoshi's example.

Dont try to make the token about yourself, you will only really succeed if people believe the creation has a wider purpose but first you will face a thousand tests and doubts.

Advertise it as a meme coin. You don't need to change the name, just change the website, make it look like one from 90s, make a catchy icon, give time creating the icon and have some 1minute doodles relating to the icon and write a whitepaper like a 10 year old kid. It don't need to prove anything. You don't even need tokenomics, just tell it's a memecoin. No one need to know when the token was issued. Have contest/giveaway in X (Twitter) where you reward 10 users with some of your tokens, it don't even have to be $10 worth. Run a bounty without value in dollars, just say you're soon going to be listed on a centralized exchange. Strike a partnership with another failing token and boast about it on x and on telegram.

There are still a lot of ways to save your token in case that it is failing. One is look for partnerships that can help you fund for more improvements in your token. This can also give more exposure to your token. Another way is to keep engaging your community (if there is any) and making sure everything is communicated well. This can build trust among you and your investors which would really make a difference.

Well, ideally you need to encourage people to buy it and use it. That could be done with special offers on something if people get the coins, good interest rates for people holding the coins. It really depends on what kind of coin you have and how decentralized it is. Some coins allow burning extra supply, which can also be a useful option. Some are PoS coins, so there's already an incentive to hodl.
But also, the time of tokens is largely over, as many realized that there's too much scam and too much uselessness.
So I'd cut losses and sell for Bitcoin.

Maybe this topic should be moved to the Altcoin Discussion forum.
Here's what I would do:
Burn 50% of the tokens to reduce supply and the amount of tokens in circulation. This is the first thing to do, if the price keeps dropping.
Create an actual utility for the token. Make it useful for the people, who purchase it. Do you plan to use the token as an in-game currency in a gaming platform?
Investing in marketing and promotion is a must, but without any real utility, the token will become worthless in the long run.
OP, your username sounds like the name of a GameFi project? Is that true? Why don't you tell us more about your project?

looking for investors and buying back tokens to increase their prices. this method is commonly used by companies that want to save their stocks from falling prices, and it is common in the crypto world. by doing a buyback, not only can i save the token, but it will also attract more people to reinvest in the token, and it will increase its value slowly.

but to do this is not easy, because as a creator i need to attract investors to get fresh funds or i need to sell other assets and then allocate the money to do a buyback, and it is not 100% successful in increasing the token price because the token price could drop again. but at least that's the best way I can think of.

Most tokens nowadays doesn’t last longer for several reasons, the team behind the token is more responsibly for the future and the price than the community and holders. If the token could build a strong community using good marketing techniques and new features different than other similar projects in the market.

When the price starts to fall, if I was the owner or a team member, I would start a program for staking with high interest, create more features for that token, events and collaborations with other successful projects. More investors and people knowing the token will save your project, then the next phase is to make your investors stay for long period without selling.

There's been too much competition between new coin projects and before a developer comes up with a coin project, marketing strategies should have been set in place with a demand of having much strategies on reserve Incase the audience doesn't feel comfortable with the current trends then you release other means to attract more adoptors as a logic to validate your marketing strategies. It's all about hyping which you need to enhance your marketing strategies when the token is depreciating.

I’d probably suggest to do better in marketing. One of the things you want to do is to increase demand. Hype up your own token. Get people talking even if you have to pay those people. A token’s price can increase with the help of speculation alone. Promote your project and plaster it everywhere in different social media platforms.

At this point you are the creator and beneficiary of this token, what will you do?