Memecoins Will Never Be The Same – An Alpha Call
The post Memecoins Will Never Be The Same – An Alpha Call appeared on BitcoinEthereumNews.com.
In the rapidly growing and wildly diverse crypto market there are many choices. Probably the top two most talked about today are the so-called Stable Coin and the memecoin. See, there are some truly elegant utility tokens available today coded with functions that offer real world application to the blockchain. These are smartly positioned for slow, organic growth. They offer function and support for various aspects of the digital world in complex and clever presentations that will serve purpose in their respective ecosystems. They have a role to play and a job to do. A vision to execute. And there’s your standard memecoin that spends a boatload on marketing, serves little to no purpose, and apart from an amusing idea, will never really offer anything to the blockchain in a manner worth mentioning. These Memecoins focus all their money on marketing an idea and creating FOMO events so people will buy in quickly. Will this be the moon shot? Look how cute that monkey is? These memecoins rarely have any purpose outside of entertainment value, and more often that not, leave their communities, supporters, and holders either waiting for months for something to materialize out of the funds collected or even worse, are just left with a big bag of nothing when the rug pulls. But amongst the dust and debris left behind by the rug pulls and the market hogs with no real purpose, I have found a hidden gem. It’s one I have been following since it’s inception. I have watched as the developer, XEF Media, focused all their development money on building a project that the crypto community could appreciate and enjoy from the beginning. One that, to quote the Founder, “Is a memecoin that’s worthy of the heart in the Crypto Community.” And she’s right- The…
Filed under: News - @ September 23, 2024 5:23 pm