How are they doing this?

[JeffTannes9]

Hi

I see lot of new coins mostly meme coins originating out of nowhere and then creating a crowdsale on sites like dxsale unicrypt and pinksale.

I mean they register a domain name today and then create website instantly and then they are raising 100-1000 BNB immediately.

How are they doing this?

How and where are they getting the buyer from?

Is there a secret to this?

Also what is the correct way to gather community members for a new project?

[Tytanowy Janusz]

Nowadays crypto space is full of newbies that confuse gambling with investing. Same was during 2017 bubble. Eventually all of them will lose money.

Team may also buy whole supply during "ICO" to show fake interest, own 100% of supply, show fake trading volume right after, set price wherever they want (because when 100% of supply is in their hands, there is no selling pressure) and wait for naive investors to buy their bags ending project with rug-pull.

[livingfree]

There's no secret to that.

It is that they know how to market themselves and there's still so much in the market for which the newbies are buying every new project that comes out.

This is nothing new compared to the old school way of investing as the ICOs way back year 2017.

[Doell]

most of the buyers are their team ,cooperation or individuals can be concluded like that ! could be what is concluded by @Tytanowy Janusz is right fake buyers/investors usually in a number of shit projects pushed by investors and dumped by developers ,have to be careful in entering your funds most of them also have fake members on their channel ,see how much active are members on their channel

[iv4n]

I mean they register a domain name today and then create website instantly and then they are raising 100-1000 BNB immediately.

They invest their own money... it's how they make a scam basically, they create accounts that invest and brag about gains, and now you see some new project raised 1000 BNB in minutes and you think "WOW, this is something good!", but actually it's not!
When something is getting pumped hard be sure that you will see the same project dropping down like crazy after, it's just a question of time...

[dothebeats]

They are also the ones buying their coins in order to raise such amounts. When they already posted the developments of their so-called 'crowdsale' in the open, people will then flock to buy in on the said coin and then the FOMO begins. Pair it with a good marketing team, together with a few relatively-known people associated with the project, and you will have an almost certain hit of a coin wherein people will be crazy to buy and not miss a single thing. I see it with a lot of relatively new coins launched at the last quarter of 2021, amassing almost 30000% increase since their launch, cryptomines being one of the most notable.

[ninis45]

Most of the tricks that are played are as stated by the members above , but there are some that are actually made and funded by someone who has been playing in crypto for a long time who works with some influential people,ELON MUSk, for example.

[TravelMug]

No secret, except to used all the social media outlet to promote their meme coins and then wait for noob investors to throw their money.

Or maybe they will collude with a lot of social media influencers and shill for their projects. It boils down to the market and how big they can go and reach out to investors. And we all know that bitcointalk is the best community to promote their project and that's why they got a lot of members in short amount of time.

[Kemarit]

As I have said before, they are using 4Chan to create the hype for their project. And it seems 4Chan has a lot of crypto users just waiting for the next hype to ride and make money out of it.

Here is the thread: https://bitcointalk.org/index.php?topic=5277820.0

And so this method is very effective for new projects and before you knew it, they've raised so much money in days that you can't really believed how this guys are doing. But as others have pointed out, there's no secret sauce.

[makishart]

I mean they register a domain name today and then create website instantly and then they are raising 100-1000 BNB immediately.

They were scammers. They are the same people who have been creating so many scam meme tokens to rob the investors.

How are they doing this?

None knows about this for sure. I don't wanna argue about the ways for them to do that.

How and where are they getting the buyer from?

They were doing various spams. This was making the speculators of shit coins to enter into their coins. The scammers will always be rugpulled their liquidity in the liquidity pool.

Is there a secret to this?

There's no secret and did you want to create another shit coin like those scammers?

Also what is the correct way to gather community members for a new project?

You should have done so many marketing. Buzz words were enough.

[TheUltraElite]

I see lot of new coins mostly meme coins originating out of nowhere and then creating a crowdsale on sites like dxsale unicrypt and pinksale.

I dont mind seeing a new crowdsale but the point is that the lack of regulation in this sector only leads to shit-projects and scams being promoted. This is just the new version of that ICO bubble.

I mean they register a domain name today and then create website instantly and then they are raising 100-1000 BNB immediately.

Are you sure you checked that have done all that immediately? But yes I would agree that it is partly true.

How are they doing this?

That is why they are scammers and you are not.

How and where are they getting the buyer from?

That is easy. You just need to ride the hype created by some millionaire and point users to that, as soon as you do this and get the marketing done by brainwashed shills you make an impact on market.

Is there a secret to this?

Yes, human hope for being rich in a quick and easy way, which is bound to fail.

Also what is the correct way to gather community members for a new project?

In reality, what is correct or incorrect is not important, but usually allowing a project to grow on its own like bitcoin did is the proper method. But nobody in a community cares about the technology behind it, they are in it for the money, hence inorganic growth is very common.

Still the best method is to to talks and meetups with people - that physical contact is missing today in this sector, keeping aside the pandemic. In memecoins and all, majority of the creators are anonymous, making it a very risky investment. Do not compare this with the anonymity of bitcoin's creator, Satoshi did not ask us to buy their coin. But these memecreators did.

[RussianEnglishTranslation]

I only trust IDOs on Skyward finance and I pretty much only trade now on Ref Finance on NEAR protocol. I still have some funds on Polygon though and I'm curious, which is the best IDO launchpad on that chain?

[isaac_clarke22]

~

Assuming you're not planning on running away with people's money with your currently launched project, those amount could be coming from their own and not from other investors.
Like what TheUltraElite mentioned, it could also come from hypes which is a really really common method especially you mentioned meme coins.
Meme in the internet just seems to evolve and I am not even surprised if coins like "Hide the Pain Harold" had its own coin, but do not have permission from the person in the meme.

Correct way? Use every means social media to get a reach of other people. You just need to get lucky that people will get interested in your project. It is not a rocket science, but luck comes into factor.

[gwdf1]

There are a lot of people who are inspired by meme coins, by success of dogecoin, so they want to invest in meme coins so as to become rich in a short period of time. So newbies are really willing to invest. What is more, are you really sure that they pick such big amounts of money? Maybe they just lie and they invest their own money or just show unreal information on their web-sites.

[Blowon]

If the site is verified I'm sure it won't happen. Such as dexsale or unicrypt. But, if what you mean is the website of the project itself most likely it is sales manipulation from them. Because it is so easy to display sales charting with its own edits, I often see those that sell for hundreds of bnb but when they start to be listed on the market the price falls.

[lumierre]

Also what is the correct way to gather community members for a new project?

Community means everything for a project as if there is a loyal community, the project will have advertisement, support and demand. It is very important for projects to start building a community much before launching. As soon as they make a web-site and social media, they should start their promoting campaign. Developers should organise AMA sessions, give bonuses to the community members and show all their achievements.

[ice18]

Also what is the correct way to gather community members for a new project?

They are mostly promoting in known telegram groups with thousands of members of course newbies who did not "DYOR" will eventually fall into this new tokens/memes and later cry after devs dumping tokens on their faces. There are so many meme devs doing this kind of method create hype first then attract new people in crypto to invest in their shitcoins and then dump, then repeat.   

[oemar bakrie]

everything is done in a very detailed concept, from a team that already knows their respective jobs and the cohesiveness of teamwork is what can change the rapid progress of a new project.
.and also must always follow in crypto forums to always offer crypto that has been made to convince potential new investors..

[BigBos]

do research on it. whether it's on social media, or their telegram. see how active their group is, and how they market their products.
right now, things like that could be manipulated. in fact, I think that investing in such memecoin is quite dangerous. currently there are many cases of rug pull for new coins. they sometimes sell up to a few thousand BNB, and when you look at the liquidity, sometimes they even just put in 50 BNB or a few BNB to trick investors and then leave it.
do not invest without a clear basis.

[Jackl87]

Hi

I see lot of new coins mostly meme coins originating out of nowhere and then creating a crowdsale on sites like dxsale unicrypt and pinksale.

I mean they register a domain name today and then create website instantly and then they are raising 100-1000 BNB immediately.

How are they doing this?

How and where are they getting the buyer from?

Is there a secret to this?

Also what is the correct way to gather community members for a new project?

The majority of the population of the earth is stupid. That is probably the main reason why stuff like that happens and even is successful. Meme-coins were the main-hype of the crypto space in the last few months and still are pretty in the focus until today, even though i think the hype for meme-coins is slowly but surely going down at the moment and will die sooner or later. People just saw that some early investors of Shiba Inu made huge profits and then they all began to create their own meme-coins because only minium effort is needed to create a meme-coin. You just create a ERC-20 or BSC token, use a website template and bam you are done.