What's the secret sauce for a good memecoin?

tygeade

legendary

Activity: 2086

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Quote from: poochftm on February 12, 2022, 10:09:33 AM

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here. We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated!

I think I know the problem why. That can be because the network where your meme coin I created is not popular as the network where most meme coins are created. You know networks such as bsc, polygon and eth. Ftm is a good one but I think they are not mature yet like the others and it can take them some time to join the tight competition.

Another thing is that meme coins are not that hyped right now but people are focused too much on the nft and metaverse projects but if possible maybe you can incorporate your meme coins use on both of the two trending technologies. I think I have heard some meme coin before that worked like that.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: Joshapat on February 17, 2022, 02:49:07 AM

Meme coins can shine because they have the capital to maintain prices, with the capital they turn from investors they will keep prices from dropping, when no investors believe they will sell all the stock they have so the project will die.

It could happen to meme coins but for an investor I think they prefer to invest their money in top coins because it is more profitable and safe,
after all meme coins are too risky and when the price falls it will be hard to see it rise again

TheUltraElite

legendary

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So anyway, I applied as a merit source :)

Quote from: poochftm on February 12, 2022, 10:09:33 AM

I'm interested in getting tips and advice on what worked best for some of the more experienced members here. We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated!

Fake hype and influencers promotion works.

This needs to be added with a lot of fake buying from markets to raise the price and create a bubble that the coin in legit while it is actually not. That way idiot newbies will put in their money while you can run away when you wish to giving the spoils among your team only to never be caught by any law enforcement.

Sorry if that hurt, but that I how I perceive things. Have been in the crypto ecosystem for long being a bitcoin maximalist and I hope you guys dont sleep soundly at night after all the money you stole from innocent users while running this shitcoin.

Joshapat

sr. member

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Meme coins can shine because they have the capital to maintain prices, with the capital they turn from investors they will keep prices from dropping, when no investors believe they will sell all the stock they have so the project will die.

QueenVera

hero member

Activity: 1106

Merit: 570

Quote from: poochftm on February 12, 2022, 10:09:33 AM

I'm interested in getting tips and advice on what worked best for some of the more experienced members here. We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated!

I would advise you go for giveways and airdrop, for your memecoin to catch the attention of others, there has to something making the holders increase and people taking about it on social media and immediately that is noticed people will start picking interest in the project. You can as well organized a bounty campaign to get users on the forum promoting your project on social platforms to create some kind if buzz around the project.
Memecoins need marketing and if you do not have that then your project will not be advertised to more potential investors.

Dave1

hero member

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Quote from: poochftm on February 12, 2022, 10:09:33 AM

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here. We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated!

4Chan will also be a good social media platform to show your projects. If I'm not mistaken that is the platform which usually started all the meme coin trend.

How about your website though? it could be also attracted so that many are going to invest because of your good UI. You don't need to focus on just one, as the saying good, the more the merrier. So get the word out there using as many social media platform as you can.

TarhAsov

newbie

Activity: 36

Merit: 0

Top 3 Secret Ingredients of a Successful Memcoin Blowing the Roof Off Any Crypto Investor:

1. There is no venture money (In the ass venture funds that constantly seek to enrich themselves on ordinary investors)
2. There was no ICO, IDO and all kinds of pre-sales (Issued tokens were sent to liquidity pools for free market purchase)
3. There are no allocations for the team (The team received a complete Zero from the issued tokens and bought them for themselves already on the free market)

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: poochftm on February 13, 2022, 06:46:06 AM

I appreciate your concern that many memecoins are scams but this one is built to last. Our farming contracts incentivise 6 month LP lockups and 90% of the the project LP will also be locked up too for the duration. The dev team have also spent a long time trying to figure out how to build trust and avoid any accusations of a rugpull.

Project investors would be more comfortable with their money if the coins of the project team had a lock for a longer period, for example, a couple of years. Such measures would not allow the team to dump, take liquidity and hide.

dupee419

sr. member

Activity: 1344

Merit: 261

Quote from: bitbollo on February 13, 2022, 10:45:30 AM

Quote from: poochftm on February 12, 2022, 10:09:33 AM

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here. We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated!

I believe that the secret sauce is "good marketing" not improvised.
Plus the ability to know how to manage social networks to be able to go viral.

But be careful it's not necessarily enough. In the end we take care only for those who have been successful and not those who have not made it.
It is not a trivial thing because many coins have had bad results turning into... scams!

Exposure and marketing would be one of the keypoints in creating a successful memecoin, I don't know how successful it would be though but with the right exposure in social media, it'll definitely be successful. Memes are what make these coins superior, and this means that social media will be a very powerful tool to deliver these memes in big platforms like reddit, facebook, etc. you can't just make a memecoin with no substance as this won't go anywhere, it must have substance and meaning to the meme community.

michellee

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🐺Spinarium.com🐺 - iGaming casino

I think you can do Giveaways to invite people to spread your project to the public. That is one marketing strategy that might invite many investors to join your project so that your project can be more developed. Maybe you can make a list of promotional strategies that you can do step by step to see how far the progress is.

Any tips and suggestions can successfully attract people's attention, but it depends on how hard you do it and how far you play in the promotion. You can launch Giveaways in this forum to see how much people can be interested in your project. After that, you can do other promotions through Youtube or Twitter or other sites.

X-ray

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

I think the key to the success of meme coins is having a large capital strength,

Large capital means nothing without the support and FOMO from the community. Remember that meme token will always be going through ico and airdrop. Once ico or airdrop already conducted and it can be seen how many people interested to join in the ico or airdrop that launched by meme token. If this capital was coming from the community and this can be considered as FOMO but remember that i rarely seen a new project without doing any ico started with large of capital. this is not possible of this project have not backed by the major company.

Quote from: ?? on ??

when the market is red and they can pump then this will make investors continue to observe meme coins, capital strength is very important to keep prices from dropping and will make meme coins more popular.

Low liquidity make it possible to happen. Meme token will not sustain for long term. Even if this is become a popular token and there will always be possibility for the rug pull.
It seems like thread starter needs to build the reputation for his token.

ANSEL_2.0

member

Activity: 271

Merit: 14

No doubt you will need some funds and also a good team member, call a meeting and plan a good marketing strategy, many new coins lack good marketing strategy that's why they failed to rise above others.

evichi

jr. member

Activity: 1288

Merit: 7

Most meme coins don't have a specific function or utility that it performs to the crypto sector, therefore, if the meme coin is still on the development stage, it will be worth while to promote the function the token will offer. This will help to increase its followership and the community of the token. Secondly, having an infuencer as part of the supporters for the coin team will greatly enhance the growth for the community. Emphasis on other qualities of the token will help to boost the community. A dedicated community followership is one of the key requirement that will make the coin successful.

cabron

hero member

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https://www.betcoin.ag

Every blockchain network today does have a memecoin of its own today, the blockchain is mainly used to increase the activity in the network making it look as if it's a busy network. FTM does have its own even ADA has its own too just as SHIB for ETH.

A good sauce for a memecoin I guess is if it's promoted widely which a big investor had bought Trillions of it while its price is less than 1 satoshi. or less than 1 Gwei because that's when these people will also shill the memecoin.

poochftm

newbie

Activity: 9

Merit: 0

Sounds like you already figured everything out. But here's just one suggestion I'd like to point out, branding.
Don't name your meme token anything similar to the popular meme tokens we already have now like "SHIB", "SAFE", "DOGE","ELON" etc.
Doing so would only make your meme token look like a secondhand, cheap copy of it.
A lot of meme tokens that have those types of names on them are usually frowned upon here on this forum. No one takes them seriously 'cause they are too redundant.
Think of a name that would stand out, a name that is close to your planned utility.
Then market that shit the hell out to grow your community. There are tons of ways to do that. Cheaper ones are via airdrops, bounty campaigns and even just plain giveaways.
[/quote]

Right - our has a unique name too. We just need to figure out the marketing.

julerz12

legendary

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Quote from: poochftm on February 13, 2022, 09:33:14 PM

Yes! A memecoin with real world utility is our aim! The token can be used in several different fashions within our ecosystem. First, tokens can at any time be donated directly to the charity pool for distribution to community chosen charities. Staking (and LP Tokens) tokens automatically enters holders into weekly prize drawings. Finally tokens can also be used to purchase NFTs in the future.

We also have a few big backers from the tech community including an early bitcoin investor and also the guy who started the napster music sharing platform.

Sounds like you already figured everything out. But here's just one suggestion I'd like to point out, branding.
Don't name your meme token anything similar to the popular meme tokens we already have now like "SHIB", "SAFE", "DOGE","ELON" etc.
Doing so would only make your meme token look like a secondhand, cheap copy of it.
A lot of meme tokens that have those types of names on them are usually frowned upon here on this forum. No one takes them seriously 'cause they are too redundant.
Think of a name that would stand out, a name that is close to your planned utility.
Then market that shit the hell out to grow your community. There are tons of ways to do that. Cheaper ones are via airdrops, bounty campaigns and even just plain giveaways.

Protomono

full member

Activity: 868

Merit: 100

Buy $BGL before it's too late!

There is nothing wrong with asking for support from social media influencers and celebrities to popularize your meme coin on their social media. Many people are then attracted to meme coins after seeing their uploads on social media. But considering the simple funds that you have, it would be nice if you made an airdrop first using the tokens you have to minimize expenses so that you have a community.

poochftm

newbie

Activity: 9

Merit: 0

Yes! A memecoin with real world utility is our aim! The token can be used in several different fashions within our ecosystem. First, tokens can at any time be donated directly to the charity pool for distribution to community chosen charities. Staking (and LP Tokens) tokens automatically enters holders into weekly prize drawings. Finally tokens can also be used to purchase NFTs in the future.

We also have a few big backers from the tech community including an early bitcoin investor and also the guy who started the napster music sharing platform.

Scripture

full member

Activity: 1303

Merit: 128

Quote from: nimogsm on February 13, 2022, 01:59:40 PM

Spend several rounds of airdrops so you can attract more people to your project.Just as it was correctly advised to strat a bounty company here, I'm sure it will also interest people.Work in different directions and then maybe you will succeed.

Airdrops wont help especially if the value of the token is very low. I suggest to OP better to develop a project that have its real purpose in this market and not just because of the hype and we know that meme token is useless in this market so why create another one? Don’y waste your time in meme tokens, not unless you have your own hidden agenda, investors will surely know about this.

wheelz1200

legendary

Activity: 3752

Merit: 1415

Quote from: poochftm on February 12, 2022, 10:09:33 AM

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here. We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated!

Stay away from making or promoting coins that are pointless. There are zillions of these and most all of them are useless and going to lose people a lot of money in the long run. It's irresponsible so my advise would be to stand down from the project.

Topic: What's the secret sauce for a good memecoin? (Read 360 times)