I think that all meme coins are like all other coins must be useful for people to have a big community and a lot of users. For example 100XCoin helps to support the homeless in the streets of Los Angeles https://twitter.com/100XCoin_/status/1400828293591486466/ It shows how useful can be cryptocurrency and increase the trust of the people to cryptocurrency. I checked the 100XCoin it is actively developing and has a big ecosystem. It is good that appear projects that help people who really need help. Due to the great competition, it is very difficult to attract attention to memecoin. Therefore, it is necessary to organize a powerful advertising campaign for memecoin to increase its liquidity. |
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Now meme tokens are very popular. But for every meme token it is necessary to have big liquidity and big community. Just see the community of the coin https://twitter.com/100XCoin_ to understand how big it is, how it growth and how liquid will be the coin in future. I checked the community of 100XCoin. There are there are 71 818 members, 13 055 online. For meme coin it is very important to have a big community. A lot depends on who promotes memecoin, how well the advertising company is built. After all, the crypto community needs not only to be involved in the project, but also to organize it in order to increase the liquidity of the coin. |
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Crowd very often panic and it increase the fall of the market. It is very important to continue to develop a project even inspite of the fall of the market. In such case all kinds of promotion is good such as https://twitter.com/CryptoArenaSDEX/status/1398027493190164482It is very important to share the information in social networks with the users to have more trust. Cryptocurrency exchanges are actively developing and a new techologies appear. Cryptocurrency exchanges always popular even when market falls people continue to trade. I am glad that cryptocurrency exchanges developing very quickly and allows traders to trade more simple. A new cryptocurrency exchanges appear. Also traders can make money even on fall of the market. |
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I agree that coins with Coins with token burning feature and auto-deflationary coins are very popular, because now the inflation in many contries are big and they allow to safe money and even earn money for the growth of the price. Come the apps of such coins you can download from the google apps such as https://play.google.com/store/apps/details?id=com.xaltbase.appIt makes auto-deflationary very popular. I checked the information about 100xcoin. It is a deflationary meme coin with NFT marketplace. For such kind of coins it is very important to have a big ecosystem and a lot of users to create big demand in the token and in NFT marketplace. |
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Cryptocurrency market is red because it is overvalued. But after the drop it will be correction of the market. Burn of the tokens help to increase liquidity but it is also necessary to increase demand in the token. Now the fall of the market appear and some people even started the panic and sell their cryptoassets. But a lot of depends how useful is a project and how big is its community. |
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Now many projects use staking system to encourage users not to sell their cryptocurrencies but to hold them. Polkadot blockchain is the most profitable blockchain for staking. Here is information about it https://twitter.com/PolkaSyndicate/status/1395076543236526083. Here are numbers how many people use Polkadot blockchain. Polkadot blockchain developing very quickly because there is a big demand in it. It allows to make crosschain transactions connecting blockchains, that is why it is so popular and used by many dapps. Polkadot allows to make a cross-chain transactions and it has a less commissions then Ethereum blockchain. That is why it is so popular for staking. It allows to earn more on staking. |
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Now a day hundreds of meme coins launching with too much supply and no use case so what do you think about meme coins and will some meme coins survive long or they will all runaway ?
nothing will last. the only thing that will survive is only doge, other coins have no real use and no one has adopted it yet. while doge is different there are already many gambling platforms and merchants that accept doge. so doge has higher rate than from other meme coins. I think that all meme coins are like all other coins must be useful for people to have a big community and a lot of users. For example 100XCoin helps to support the homeless in the streets of Los Angeles https://twitter.com/100XCoin_/status/1400828293591486466/ It shows how useful can be cryptocurrency and increase the trust of the people to cryptocurrency. |
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It is a relative answer. The best coin at any instance is relative to your position. If you are a big investor who can take a huge risk, then any coin would be a good coin for you. If you want to invest a small amount, then you need to know what sort of return you will be expecting after a particular duration. In that case, you have make your decision more carefully. At the moment, most of the coins are being traded at a lower price compared to what we have seen about two weeks back. Market have become some what bearish and it's hard to say what will happen on next hour or so. Hence, need to study the market behavior more than ever before when making the final investment decision.
Now meme tokens are very popular. But for every meme token it is necessary to have big liquidity and big community. Just see the community of the coin https://twitter.com/100XCoin_ to understand how big it is, how it growth and how liquid will be the coin in future. I checked the community of 100XCoin. There are there are 71 818 members, 13 055 online. For meme coin it is very important to have a big community. For every project it is very important to have a big community but the most important that the community will continue to grow and increase. |
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Now cryptocurrency provides a big opportunities for entertainment and allows authers and different creators to earn more on entertainment and promotion. There are a lot of opportunities for people and that is why cryptocurrency is so popular now.
I see that Rollyhoo offers security tokens that are backed by real assets. I think it increase the popularity of the project because investors need more trust to the cryptocurrency. |
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Coins with token burning feature like Binance(BNB) and Kucoin(KCS) has high chance of price growth in the future because it didn't rely only on speculation but on rule of supply and demand unlike Ethereum and other coin.
I agree that coins with Coins with token burning feature and auto-deflationary coins are very popular, because now the inflation in many contries are big and they allow to safe money and even earn money for the growth of the price. Come the apps of such coins you can download from the google apps such as https://play.google.com/store/apps/details?id=com.xaltbase.appIt makes auto-deflationary very popular. A lot of depends from liquidity of the coin. To be in demand the coin must have a good liquidity and a lot of users. It is necessary to check how popular this coin is. |
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I checked their telergam community - https://t.me/ELOofficialchat there are 71 818 members, 13 055 online. It is very active community and a lot of users in it. |
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Just to correct the title thread, this is not the first algo-based stable coin that I have encountered here in the forum. You can check this one - psyche.cash project - https://bitcointalk.org/index.php?topic=5283530.0. They are algo-based stablecoin. But don't think, they are successful in this venture. Now, what would be the team's strategy to pull it off in the market by deploying an algo-based stablecoin? There are so different stablecoins appear. For the stablecoin it is the most important that it would be backed buy real assets to be a stablecoin. I agree that for stablecoins the most important that it would be backed by real assets. How do you plan to back the stable coins? |
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You can invest in either Ethereum or Bitcoin at the moment because we are still in the bull market.But the most profitable investment is to invest in good defi projects or new projects that are standard because many a times they give more profits than coins that have been in the market for a long time.
Now Polkadot is more popular for staking that Ethereum and it develops more quickly then Ethereum. Just see this chart https://twitter.com/PolkaSyndicate/status/1396402003564191744 to understand how popular Polkadot is. Ethereum is overvalued now and the price of commissions are very high, that is why Ethereum is not profitable in work. Polkadot has better staking conditions that is why more developers prefer to build their apps on Polkadot. Staking allows to earn passive income that is why it is so popular. Now many projects use staking system to attract more investors by allowing them passive income. |
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"TUPAN is the first project that allows a real participation in the forestry business" - I think we saw such projects before, maybe not just the same 100% but very similar
Tupan is US project with SEC registration. May be that is why it is the first cryptocurrency project in forestry business. |
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Thank you for article about your plans. Among you plan is airdrop. When do you plan to start airdrop? |
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Every coin needs a lisiting on exchange to be traded.  When do you plan a listing an on what exchange? Now IEO on exchanges are more popular. Hope after the first stage of ICO we will see the IEO. But in all cases it is necessary to check how the project will develop in future and develop the community. |
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Cryptocurrency regulation is becoming more strict and soon KYC will be necessary for all cryptocurrency procedures.
Also KYC is necessary to get a bank card.
The clearer regulations in several countries are the reasons for Kyc, other than so that there is no money laundering but more on state revenue as taxes. I agree with you because only few people participate in money laundering but all people have to pay taxes. To control bank accounts and bank cards is the simplest way to control the income of people. |
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VinDAX is exchange from Vietnam. So it means you pay a lot of attention to the asian market and investors from Asia. |
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