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Author Topic: If a token keeps falling, how to save it  (Read 336 times)
Wakate
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June 07, 2024, 09:49:46 PM
 #41

At this point you are the creator and beneficiary of this token, what will you do?
There is nothing that can be done if investors decided to dump the coin and the price keeps falling. The only up option here is to buy back the token which could make the price stable but may take a long time for the price to recover from the bear trend. This has happened to many devs in the crypto market and what they could do is to buy back the dumped token so that the price can start going bull investors comes back to the project and buy them.
Marketing is one of the ways we can increase the numbers if investors of a token and keep the price going bull as more investors comes in to buy it.

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June 07, 2024, 09:52:49 PM
 #42

It depends, if they're really worth the saving, I'd say that token burning is the most efficient way that you can do it because if there's a demand for token but there's so much supply right now, it's probably going go down in prices no matter what you do so what you can do to keep the prices up is to burn a lot of the total supply so with a pumping demand, the supply becomes limited, this kind of thing is especially useful against tokens that doesn't have an established finite supply because you can burn as much as you want from it and you'd do fine. In the case that it's not worth saving, I'd say that you'd probably be better off selling all of your tokens and finding a new one.
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June 08, 2024, 07:06:44 AM
 #43

At this point you are the creator and beneficiary of this token, what will you do?
There is nothing that can be done if investors decided to dump the coin and the price keeps falling. The only up option here is to buy back the token which could make the price stable but may take a long time for the price to recover from the bear trend. This has happened to many devs in the crypto market and what they could do is to buy back the dumped token so that the price can start going bull investors comes back to the project and buy them.
Marketing is one of the ways we can increase the numbers if investors of a token and keep the price going bull as more investors comes in to buy it.

Yes, you are right there, and then it probably also depends on the token to see if it really has the potential to provide good benefits to those who will hold it. If there are market innovations that are called for sure, the previous communities in the field of crypto space will not let go.

But if they don't really see development and innovation, the communities will probably leave it little by little. If there are no marketing plans for the future, the price value of that token will really fall. We should observe what other token projects are doing in their marketing scheme development; others who just copy and revise a little will be fine right away.



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June 08, 2024, 08:02:34 AM
 #44

I’d probably suggest to do better in marketing. One of the things you want to do is to increase demand. Hype up your own token. Get people talking even if you have to pay those people. A token’s price can increase with the help of speculation alone. Promote your project and plaster it everywhere in different social media platforms.

Indeed, we need to promote properly and expand our channel so that it reaches different people, most of them really invest in their promotions and hire famous and well known people to be their endorsers. Since there is a lot of competition in this, we need to think of an effective and best strategic way to better recognize the coin we are endorsing.



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Rainbot
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June 08, 2024, 08:55:47 AM
 #45

Indeed, we need to promote properly and expand our channel so that it reaches different people, most of them really invest in their promotions and hire famous and well known people to be their endorsers. Since there is a lot of competition in this, we need to think of an effective and best strategic way to better recognize the coin we are endorsing.
As for coins, just support Bitcoin and some others if you can't forget some of the ones you think are good because they have become coins now too. But when it comes to tokens, of course everyone has to use analysis and time to look at and study them carefully so that they don't make the wrong choice even though the promotions that have been made by the token owner have become extremely widespread at the moment. Because we as users and savers also have a goal that must not be forgotten, namely the profits and benefits so that we don't feel like we are losing out by keeping a product.

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June 08, 2024, 12:00:51 PM
 #46

At this point you are the creator and beneficiary of this token, what will you do?
If it's falling that means it doesn't have or solve a real life problem. If it has value it will always be in demand and it's value will be sustained. Secondly it could be that there is a competition and the other alternatives are providing more and efficient services more than your company so you have to wake up and set the priorities right. Make everything functional and user friendly. You should also try looking at your public relation channels, keep your community updated about the activities of the company, update your roadmap and deliver according to the road map. Integrate latest technologies in your platform to keep being in demand. Look for better ways to keep giving your users something to look up to, it could be incentives and many more.

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June 09, 2024, 07:42:32 AM
 #47

There is nothing that can be done if investors decided to dump the coin and the price keeps falling. The only up option here is to buy back the token which could make the price stable but may take a long time for the price to recover from the bear trend. This has happened to many devs in the crypto market and what they could do is to buy back the dumped token so that the price can start going bull investors comes back to the project and buy them.
Marketing is one of the ways we can increase the numbers if investors of a token and keep the price going bull as more investors comes in to buy it.
Yes, you are right there, and then it probably also depends on the token to see if it really has the potential to provide good benefits to those who will hold it. If there are market innovations that are called for sure, the previous communities in the field of crypto space will not let go.

But if they don't really see development and innovation, the communities will probably leave it little by little. If there are no marketing plans for the future, the price value of that token will really fall. We should observe what other token projects are doing in their marketing scheme development; others who just copy and revise a little will be fine right away.
The problem with development and innovation making it go higher would be that if it's too late then it may not help. If you constantly have a new thing every month then yeah that's great and should keep you high, unless something bad happens of course.

However, if you make nothing for a year, and then do something great, most people are already gone and the token price crashed and that's the issue, I do not think that it will get anywhere outside of that, we should probably just consider that as a problem. I think it's quite foolish to have this kind of thing, it would make a lot more sense if we knew what we were doing and not really have any big issues, because in the end, we are talking about a deal where it is not that simple if devs are not around.

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June 09, 2024, 08:17:59 AM
 #48

At this point you are the creator and beneficiary of this token, what will you do?

i'd stop dumping my stash if i wanted to save it. but seeing all will be dumping as well, i guess i would have to dump it all. sadly i'm no creator of any token.

the teams i believe are also among those whales who trade in spot market on long-term tf. more likely at the peak of bullrun and the bottom of bear market. so they know all these since they are also hiring pro traders. they only release updates when bull market is about to commence and after they buy back their stash.

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Mrbluntzy
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June 09, 2024, 09:24:11 AM
 #49

At this point you are the creator and beneficiary of this token, what will you do?


If Cryptocurrency is mentioned, first thing to think about is volatility. If a token continues to fall, take note of what is causing the price of the token to fall. If you don't know the root cause of the price fall, you can not renders any proper solution but rather a temporary solution that can only last for some time. Since crypto is a volatile asset, if the price of my token is falling, I will take note of the cause, if the cause is the general market volatility (dip), then I can not do anything but will allow the power of bear market to take effect. After bear market is becoming over, I will then start to market my token again and reach agreement to list on other exchange that are more popular.

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June 09, 2024, 10:17:14 AM
 #50

At this point you are the creator and beneficiary of this token, what will you do?
You have not elaborated your question clearly but I'll answer you according to my understanding.

If a token is falling then you have to see the background of the project and it's previous performances. I have seen project of thousands dollars worth on less than hundreds on bucks but the they again approached their ATH. So it all depends on the fundamentals and previous performances of the project. How legit a project is and how much people trust it this will help you to decide what to do with its token.

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June 09, 2024, 12:35:48 PM
 #51

At this point you are the creator and beneficiary of this token, what will you do?
I see many people offering various solutions such as buying back 50% of the circulating supply, burning tokens, increasing advertising to attract more investors...but I don't see anyone mentioning or even you (the project developer) not mentioning the reason for the token price drop. The reason is because of Fud, the project is attacked, the project progress is not according to the roadmap or outdated... there are many reasons why a project goes down. And if you really want to save your project, and as a developer, you need to know what the causes are and find ways to fix them as quickly as possible.

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