It’s very interesting to see especially considering that memecoins have no technology to rally people behind and expect potential for the future.
These communities are GREAT at generating hype though which is a great took especially in this market.
We all saw the meteoric rise of coins like DOGE and SHIB and most recently ELON with a 100x and it’s still going at it hard.
If this doesn’t prove that communities hold so much power over projects then I don’t know what does. It’s to the point where communities hold even more power than devs.
Projects should focus a lot on their communities cause of that.
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