Oh, this post is wrong in so many ways...
In short, it's all hype and thin air, absolutely, but the huge advantage is that they do not depend on Bitcoin, but their community.
The whole crypto market depends on bitcoin, including the useless meme coins. Bitcoin went down, altcoins followed the negative trend, because they are nothing without bitcoin. Community is just a synonym for a bunch of naive people who have nearly zero influence on the market fluctuations and who are going to lose money investing in 'funny' tokens to the speculative whales and scammers developers.
The reason Doge, Shib, BabyDoge more have done so well is because of 3 things:
- Funny meme that can unite people (everyone loves cute dogs)
- A strong community with a common goal (For Doge it was to mock Bitcoin and beat it, for Shib it was to Beat Doge, BabyDoge was to become Doge’s son)
- High Viral potential, the memes and stickers carried this on every social media
No, the reason has been just one: whales injecting big money to pump those tokens and create a false belief they were solid investments, so the fools entered the investment on the peak and lost money to the speculators. It's simply a pump and dump scheme.
This is all what meme coins are about, and i think that Panda Elon combines all the quality I've mentioned above:
- Combines the biggest meme in China (Panda Biao Qing) + Crypto’s biggest personality (Elon Musk)
- Chinese, Vietnamese and English community united to accomplish one goal: Becoming the first Panda to reach $1 Billion Market cap
- High viral potential with the meme being extremely famous in China and the stickers are just hilarious:
https://t.me/addstickers/PandaElonCrypto is decentralized, so there isn't anything like biggest personality here. That is nonsense idolatry from weak minds who are constantly trying to find someone to follow and to idolize. Elon Musk is a whale and a speculator who will milk every penny he can from you in order to continue increasing his wealthy. Moreover, there isn't anything funny in losing money. If you admire pandas, go to a zoo, go to their natural habitat, go to the google images and download a nice panda background theme for your desktop, but don't try to mix investment with pandas.
Their marketing is also a lot different than most meme coins, instead of just focusing on Telegram call channels, Twitter, Coingecko and Coinmarketcap listings they will also use neglected areas such as Reddit, TikTok, YouTube but also Weibo & Wechat for the Asian Side, but mainly using their community to gain free exposure with the virality of the meme.
Lol, there isn't any difference in their marketing. Promising a hype, taking advantage of the temporary virality of the meme, no real usage behind the project, appeal to charlatans considered personalities by the sheep, the usage of an animal as brand...