If a token keeps falling, how to save it

[shanhaigamefi]

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

[peter0425]

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.

[AVE5]

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

There's been too much competition between new coin projects and before a developer comes up with a coin project, marketing strategies should have been set in place with a demand of having much strategies on reserve Incase the audience doesn't feel comfortable with the current trends then you release other means to attract more adoptors as a logic to validate your marketing strategies. It's all about hyping which you need to enhance your marketing strategies when the token is depreciating.

[GxSTxV]

Most tokens nowadays doesn’t last longer for several reasons, the team behind the token is more responsibly for the future and the price than the community and holders. If the token could build a strong community using good marketing techniques and new features different than other similar projects in the market.

When the price starts to fall, if I was the owner or a team member, I would start a program for staking with high interest, create more features for that token, events and collaborations with other successful projects. More investors and people knowing the token will save your project, then the next phase is to make your investors stay for long period without selling.

[moneystery]

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

looking for investors and buying back tokens to increase their prices. this method is commonly used by companies that want to save their stocks from falling prices, and it is common in the crypto world. by doing a buyback, not only can i save the token, but it will also attract more people to reinvest in the token, and it will increase its value slowly.

but to do this is not easy, because as a creator i need to attract investors to get fresh funds or i need to sell other assets and then allocate the money to do a buyback, and it is not 100% successful in increasing the token price because the token price could drop again. but at least that's the best way I can think of.

[davis196]

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

Maybe this topic should be moved to the Altcoin Discussion forum.
Here's what I would do:
Burn 50% of the tokens to reduce supply and the amount of tokens in circulation. This is the first thing to do, if the price keeps dropping.
Create an actual utility for the token. Make it useful for the people, who purchase it. Do you plan to use the token as an in-game currency in a gaming platform?
Investing in marketing and promotion is a must, but without any real utility, the token will become worthless in the long run.
OP, your username sounds like the name of a GameFi project? Is that true? Why don't you tell us more about your project?

[kryptqnick]

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

Well, ideally you need to encourage people to buy it and use it. That could be done with special offers on something if people get the coins, good interest rates for people holding the coins. It really depends on what kind of coin you have and how decentralized it is. Some coins allow burning extra supply, which can also be a useful option. Some are PoS coins, so there's already an incentive to hodl.
But also, the time of tokens is largely over, as many realized that there's too much scam and too much uselessness.
So I'd cut losses and sell for Bitcoin.

[kotajikikox]

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

There are still a lot of ways to save your token in case that it is failing. One is look for partnerships that can help you fund for more improvements in your token. This can also give more exposure to your token. Another way is to keep engaging your community (if there is any) and making sure everything is communicated well. This can build trust among you and your investors which would really make a difference.

[tsaroz]

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

Advertise it as a meme coin. You don't need to change the name, just change the website, make it look like one from 90s, make a catchy icon, give time creating the icon and have some 1minute doodles relating to the icon and write a whitepaper like a 10 year old kid. It don't need to prove anything. You don't even need tokenomics, just tell it's a memecoin. No one need to know when the token was issued. Have contest/giveaway in X (Twitter) where you reward 10 users with some of your tokens, it don't even have to be $10 worth. Run a bounty without value in dollars, just say you're soon going to be listed on a centralized exchange. Strike a partnership with another failing token and boast about it on x and on telegram.

[STT]

First you find the altcoin section of the forum not Bitcoin, not knowing the difference will make things considerably harder to progress.   The beneficiary of any blockchain should be the people the users who bother to get involved not the creator, if we are in the Bitcoin section then take the history of the first blockchain to heart by following Satoshi's example.

Dont try to make the token about yourself, you will only really succeed if people believe the creation has a wider purpose but first you will face a thousand tests and doubts.

[Casdinyard]

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

Lots of factors at hand really, and even then a lot of it depends on what type of coin you're trying to sell to the people. Are you selling a shitcoin/memecoin? Are you selling a crypto with short-sighted use-case? A protocol coin? All of this will be very important into figuring out why people don't want your shit. But here's a couple of things that you really should look into when you start selling your coin, or as soon as you see a massive and/or consistent decline in the interest of people towards your crypto.

First off, as many people here have already pointed out, you need to figure out what type of marketing works best for your crypto, and that includes getting it into the right people as well, those that will be more interested into buying your coin more than any other people. Social media's been so powerful these years that you can do all of this in a snap of a finger, in the very same platform you're advertising your cryptocurrency. Figure out how that works and when you play your shit right, you should see a shoot up in cryptobro interest once again.

Another thing you should look for is the density and quality of the use-cases you're trying to sell. Are you looking to revolutionize the industry? Or are you going to be yet another crypto shitcoin project with a tradable NFT system to be implemented in the future? People are becoming smarter nowadays and are not willing to settle for less anymore, reinvent how you want to serve your people and you should see a recovery.

[Yatsan]

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

Of course it will be better marketing strategies. Competition is always expected and your role as project manager or owner is to create your own edge over other projects on the same line. You could maximize different social media platforms, check on what's on trend, and more. If you are really eager to save your project you have to be consistent of what you are doing. It would be fine to sometimes have doubts but keep in mind that you already have started something and be it on your mindset that the only way out is to succeed and make your project be known. The journey won't be easy; it is not a hidden fact that nee projects are the ones which struggle the most establishing its name in the industry. Set a long term goal and it will be felt by the supporters of your project.

Just like with the typical sales industry, you could scale the project with advertisements, partnerships, and the likes. Be not afraid to spend for your token's growth because it will be giving you more than what you paid for.

[fuguebtc]

Maybe this topic should be moved to the Altcoin Discussion forum.
Here's what I would do:
Burn 50% of the tokens to reduce supply and the amount of tokens in circulation. This is the first thing to do, if the price keeps dropping.

To be able to burn 50% of the tokens, you need to spend a huge amount of money to buy back the amount of tokens circulating on the market , and no project has done this before.
I remember after Luna was dumped, Dokwon came up with a solution, instead of buying back a large number of tokens, they continued to print more tokens to continue selling to the market to collect a large amount of money   . Buying back tokens and burning them is not as easy as you say.

Create an actual utility for the token. Make it useful for the people, who purchase it. Do you plan to use the token as an in-game currency in a gaming platform?
Investing in marketing and promotion is a must, but without any real utility, the token will become worthless in the long run.

To do this , in addition to needing money, you will also need a lot of time and effort .


And to do all this you need a huge amount of money and I don't think anyone will spend that amount of money to save the project but there are no guarantees . What I see with altcoin projects today is that they will change their name , change their charts ,  or worse, they will abandon the project and create another one .

[siniminomorocomunisakito]

Most tokens nowadays doesn’t last longer for several reasons, the team behind the token is more responsibly for the future and the price than the community and holders. If the token could build a strong community using good marketing techniques and new features different than other similar projects in the market.

When the price starts to fall, if I was the owner or a team member, I would start a program for staking with high interest, create more features for that token, events and collaborations with other successful projects. More investors and people knowing the token will save your project, then the next phase is to make your investors stay for long period without selling.

I think if there is an initiative like yours, the growth of this coin will be very fast. In fact, this is what the holders need and need, where a sense of confidence in the development and growth of their investments will quickly produce results. It would be a shame if we came to buy their products if there was no development initiative..

[Ishicryptic]

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.

To save your token from falling to the bottom is to give people a reason to invest in it, so you have to restrategize your marketing skills, get more people to know about it and you can do this by putting it on social media, get influencers to hype it. You also need to increase your community base, motivate them to give positive feedback about the project, from there on investors can be attracted to your token. Cryptocurrency follows the economic principle of demand and supply, so you should focus on any feasible strategy that can increase the demand of your token for it to remain relevant in the crypto market.

[erep]

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

I think this topic is very specific to the discussion in the altcoin thread.

You must clarify the description in the topic created because the discussion above is very general so we cannot provide the right solution. If you hold top tokens then it is wise to keep holding them until the token price can recover to a higher price, but you must ensure every update on the media social x and telegram, because the risk of holding tokens can result in a scam at any time when some professional users check the details of the project development flow and there is a change in the token address that is detrimental to investors.

[avikz]

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

If you are the creator of the token, here's what you should do,

1. Burn a large amount of supply to create scarcity.
2. Run marketing campaigns. You should already have a budget for this.
3. Offer buy back from the end users at a pre-decided price to reduce supply. However, be very careful here and ensure to add a minimum holding period criteria before the coin becomes eligible for buy back.
4. Work on getting your token listed on more reputable exchanges to increase liquidity and accessibility.
5. Offer incentives for community engagement such as staking rewards, airdrops, or participation in other activities suitable to your need.

Hope this helps!

[Dunamisx]

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

I will look for a means to finance it and quickly get more investors to invest and maintain the market running, because the more people are taking off their investment on it the lower its value becomes as well as its chances for survival, after this, then i will try introduce more marketing strategies and if possible, engage more exchange listing on the token, all these could help increase its market potential for increasing more for better performance.

[dunfida]

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

If you are the dev/creator and you have those question on why your coin is going down? Then it would really be having that possible ff reasons;

1. Lack of marketing
2. Lack of Hype
3. Lack of demand of the community
4. Snipers
5. FUD

If you have done everything like having those burning or renounced contract. You dont have so much coins in hold but still the price is dumping then
this is something which is really that very hard to be controlled on, because it will really be not something that you can be able to stop or could be able to alter.
If your coin wont really be getting that much traction and been dumped down specially with those snipers then there's nothing you can do
not unless if there would be some whales that will be able to revive it out.

As a dev, active marketing and other further developments would be something that you would be need to showcase on. You might be able to
hook up that community interest but of course its not something that would be a guarantee.

[el kaka22]

To be fair I do not think that there is much to save a token from falling if it's gone too low. The thing about tokens is that people usually hype them up and go high, which is lovely but when something starts to fall, people leave and pick something else, they do not go back and keep checking their old token, if they sell and leave then they sell and leave, there is nothing that would make them do anything else.

I think it is quite obvious that we are going to make some money from this situation and that is why I believe that the best thing to do would be realizing that we are going to be doing fine with it. I get that we are going to end up with something that should be easy to fix if we could just not fall at the first place and just try to keep staying high.