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Today at 09:09:54 PM |
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You'd agree with me, communities wield significant influence in shaping crypto projects especially Memecoins.
Meme coins like Dogecoin and Shiba Inu Coin have experienced fervent support, transcending initial perceptions as jokes to emerge among top digital assets. Communities rallying around these tokens share a belief in token's potential, driving significant adoption.
I just came across a narrative about the Solana Memecoin $Daddy that triggered my curiosity. It's sad that this token was originally launched on by an anonymous developer like most Memecoin, yeah, who later sold out and left. But the interesting part is the community who took over the project and different things happened that they arranged for 40% of the token to be burnt thereby reducing the total supply and making holders' tokens rarer.
Now, I don't know how many of you have experience with projects like this and who like to share the long term potential of projects led by the community. The thing is, more platforms have begun listing Daddy and on the side, I wonder how the run-away dev is feeling seeing the project sustained. Share your thoughts.
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