What's the secret sauce for a good memecoin?

[poochftm]

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here.  We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated! 

[mindrust]

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here.  We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated! 

You need to be able to produce good memes first. Without any good products (memes) you won't get too far.

Doge didn't get Elon's support because it is a cute shitcoin. Doge did produce good quality memes and it has a huge community backing it. (4Chan)

If you can build a community like that, your project surely will become big. Not instantly though. These things take time.

[poochftm]

Actually we have some great memes - we just need an audience! Yes hadn't thought about 4chan. Thanks will make an account there!

[mobilestrike]

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here.  We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated! 

You hire any influencer whose influence is more higher in the community. Better is that you choose for a celebrity to announce about your project. You can ask them to buy some coins and to announce or show them on their profile.

[X-ray]

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

So, the point is if you are wanna growing your community? There lots of ways to make it happen.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here.  We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated! 

You can start with create a new announcement thread for your project with the hope that people in here will aware about that and start to follow your project. Reddit was not so effective caused by as a new crypto and you need to build your community first before you wanna try to get in touch with reddit. that's a bad place to start. You can start with this forum and then create a marketing campaign. You can also try to copy the marketing trick that already used by some good tokens in here.

[Sterbens]

What is certain is that the meme coin itself was made for a purpose. Was it made for a short time, played with prices, and then discarded or did you have a long-term determination and really wanted to build the widest possible community. Not only that, in terms of promotion, what you have prepared is proof that you have a long-term goal. It always proves that the meme token is locked in liquidity and restricts the hold of the whales. A few percent have been allocated to be locked. A clear roadmap and the consistency of the team behind it who must have the same goal. The point is not to stop halfway.

[ItsNotSean]

I'm currently involved in small memecoin project which fairlaunched on the FTM network and we are currently struggling to get good growth. We have around 350 holders and a few reliable meme makers doing their thing on twitter slowly pushing up our follower base. We've got a modest marketing budget but don't want to blow it all at once.

I'm interested in getting tips and advice on what worked best for some of the more experienced members here.  We have thought about Giveaways, Youtube videos, reddit crypto moonshots posts etc..but not sure which to focus on. Any advice appreciated! 

Influencers sell tweets. You pay them to send a tweet mentioning your [whatever]. If your [whatever] is poised to take advantage (exchanges, easy to purchase, wallet to store, etc.), you can get a pump so you stakeholders can dump.

[tvplus006]

Actually we have some great memes - we just need an audience! Yes hadn't thought about 4chan. Thanks will make an account there!

You can conduct an airdrop, as teams of similar shitcoin do, in order to increase the number of their subscribers on social networks. In this case, you will pay with your coin, which may not have a price yet and you will not need to spend your advertising budget.

[jossiel]

If you're going to give away, the forum is the best place for you to get that audience and engagement that you get. There's the bounty type of giveaway, airdrop and you name it.

Just go to the Bounties section to check every what's in line to your budgeting. And if that is so, hire a reputable manager that has experienced in doing it so that you won't fall to an incompetent one.

[Psynthax]

If you wanna build your meme token community and you must be very active to shilling your meme token. I guess so many meme tokens created are doing so many things to be able to attract people to join. This is the most difficult part. I see that so many meme token creators are also creating various thread about their meme tokens in this section as well. You need the hype to make your token become popular and i hope that will not become another rug pull token. You can try to create a thread about your token and explain what will be the purpose of your token. It's so difficult to get the demand.
Doing airdrop, marketing even paying influencer can be alternative ways but remember that if the result will not always make you feel good.

[poochftm]

Some good suggestions guys - thanks. Twitter influencers have been hit and miss so far, although perhaps we haven't found the the right ones yet.

An Airdrop seems like an obvious thing to do and having a Bounty Campaign also looks like a good idea. Anyone got any tips on a good bounty manager? Or can I go it alone?

[poochftm]

I see that so many meme token creators are also creating various thread about their meme tokens in this section as well. You need the hype to make your token become popular and i hope that will not become another rug pull token. You can try to create a thread about your token and explain what will be the purpose of your token. It's so difficult to get the demand.

This is the main issue - how to differentiate from other rugpulls. Our token contract has been bespoke coded by an experienced dev team and has the backing by quite a few in the US west coast tech scene. However they are coding guys with little marketing skill. I'll make an Ann and do an Airdrop too. I'll hold off for now as we're putting farming contracts in place to incentivise providing LP so that there's less slippage when big buys come in.

[Accardo]

OP, I can't tell how fast you want the return of your Ad investment but, if it's a long term project and you wish to see results that will last longer and may put an end to spending so much money on Advertisement in the future. Then, I think that guest posts will yield a greater traffic in future than the twitter Influencers that charge times two of what cryptocurrency bloggers or sites will take to publish an article about your project. They are some high quality cryptocurrency blogs with good Domain authority that will help to build the back-link to your site.

[poochftm]

OP, I can't tell how fast you want the return of your Ad investment but, if it's a long term project and you wish to see results that will last longer and may put an end to spending so much money on Advertisement in the future. Then, I think that guest posts will yield a greater traffic in future than the twitter Influencers that charge times two of what cryptocurrency bloggers or sites will take to publish an article about your project. They are some high quality cryptocurrency blogs with good Domain authority that will help to build the back-link to your site.

Great idea thanks for this! Will search around on google and write a few articles. Meanwhile if you have any good blogs to suggest, I'd be happy to take a look!

[bluebit25]

While it may have turned out to be hugely profitable for some, in reality I see memecoins creating more trash in the space. If I was thinking of memecoins to make a profit, I would think of playing the lottery, it is no different from scams, anyway this is not an area that I like and hope for new people to join can avoid contact with these types.

[magneto]

Perhaps you shouldn't chase the memecoin hype train.

It's very difficult to get one properly going and for good reason - there is simply a lack of demand for this stuff. Thousands of these new tokens launch every day now due to the ease of doing so on the BSC, but only a handful ever make it into the top 200 coins by market cap.

I would suggest adding some more utility to your token rather than purely chasing hype. Perhaps you will get better results from that.

[poochftm]

I appreciate your concern that many memecoins are scams but this one is built to last. Our farming contracts incentivise 6 month LP lockups and 90% of the the project LP will also be locked up too for the duration. The dev team have also spent a long time trying to figure out how to build trust and avoid any accusations of a rugpull.  

[ethereumhunter]

The secret sauce for meme coins that work so far promises a big return to the investors and is still tempting that they do not have to use big money to invest in their project. The dev always said that their project is different, unique, and have the best performance than the other projects. Unfortunately, many investors do not research details rather than invest in their projects.

You should forget about Giveaways, Youtube videos, Reddit crypto moonshots posts etc. It is time for you to find a better project to invest in and not get a scam from them. We already have bitcoin for the best investment so we do not have to spend money on the project that we do not know how they can survive in the market.

[Beparanf]

I appreciate your concern that many memecoins are scams but this one is built to last. Our farming contracts incentivise 6 month LP lockups and 90% of the the project LP will also be locked up too for the duration. The dev team have also spent a long time trying to figure out how to build trust and avoid any accusations of a rugpull.  

Your boasting a mere 6months lockup LP while LP should lockup longer more than that if you really want to a long term goal to your project. Why will the devs gave a short duration on LP while it should be permanent for liquidity of the token holders?

This shitty lockup scheme from meme coins is what make  this shit coins a clown. The devs are prioritizing on a short term mining pool then commit rug pool once the LP become unlock or slowly dump the market using the tokens allocated from there marketing and other shit allocation from devs.

[yazher]

Lots of meme coins nowadays make our options difficult to choose and we depend on someone like Elon Musk to promote the coins to the public to make them pump. If we don't want to wait for that because it's not really right to depend on the influencer since those guys often change their opinions whenever they already got some decent income. If we want to invest on those coins, we need to carefully investigate the team behind it and their platform whatever they planning to do with their coins in the future.