Meme coins are undoubtedly the hottest segment in the market. Buying meme coins may seem the simplest and with the highest odds, but very few profit from large positions while many lose everything. The reasons include infrastructure siphoning, small-scale dealers, conspiracy groups, KOL manipulation, and others. However, today I want to share a perspective that is overlooked by most, which I believe is the jewel in the crown of the Crypto world: the community.
2/ Many people say that in this cycle there are no memes, everyone is fighting against conspiracy groups, trying to find the true dealer behind a coin; 'a coin without a dealer is like a pile of loose sand, it scatters with the wind.' I believe this is true; finding a dealer is indeed one of the most important factors for winning in the crypto world. After all, 'the perspective of the highest bidder is the god perspective.'
3/ However, if we switch perspectives and stand on the other side of the betting table, what would you be thinking if you were the house?
4/ If I were the project party, then I would be the dealer of this project’s chips. In order to sell, I must get as many people as possible to buy this coin. I must choose to let the price rise to gain ample market attention and liquidity. I also hope that those who purchase this token sell as little as possible so that I can sell more tokens at a higher price.
5/ If I were a whale (wild dealer), and I have money but no coins, what should I do? I want to buy a coin that can help me sleep well, and it will rise in the future. If I invest to pump it, many will follow, and I hope my opposing positions are minimal, with enough diamond hands. I also hope that the other dealers’ thoughts align with mine. Of course, I also hope that the project party has a broad vision and will not sell all the tokens too early.
6/ We will find that there is a large overlap in the interests of project parties wanting to operate long-term and those of the whales: the coin price needs to rise, and there need to be enough people following the trend when it does. We need to let as many people as possible know about this coin, have enough diamond hands, and minimize paper hands. The thoughts and actions of holders should be as consistent as possible, and both parties hope that the project can last relatively long to gain higher profits.
7/ How can we identify if a project can last long-term? How can we identify if someone will come to buy this coin? How can we identify if there are enough diamond hands for this coin? How can we identify the thoughts and actions of the holders of this coin? Ultimately, it boils down to observing the behavior of those who hold the token. The collection of holders is what we call the community. The community can be on Twitter, TG, Discord, WeChat, TikTok, or anywhere.
8/ A quality community needs to achieve the following objectives:
- Increase the exposure of the token
- Increase buy orders
- Decrease sell orders
- Align the collective interests of the community, consistent behaviors, and unified thoughts
- Achieve exponential growth in the community, whether in number or in buy orders
(As the market value increases, the energy needed also increases)