Meme Coins are just regular coins with funny names and funny-looking symbols. But as any meme connoisseur knows, there’s always more beneath the surface of these fun tokens than meets the eye!
This guide will help you learn how to market your latest meme coin project. We’ll start with the basics and then dig into more advanced marketing tactics.
What are meme coins, and why are they so popular?
Meme coins are a way to make fun of the crypto market. They pay homage to memes, usually funny pictures with text overlaid on them (think Grumpy Cat or Success Kid).
Their popularity cannot be underestimated. For example: Dogecoin, the most popular meme coin.
DOGECOIN
DOGE started as a Bitcoin joke in 2013. Since then, it’s grown into one of the most recognized cryptocurrencies.
Many meme coins have followed suit. As of writing, there are nearly 200 different meme coins listed on CoinMarketCap with a total market cap of $14Bln!
How do you promote a meme coin?
There’s no single approach to promoting a meme coin. It heavily relies on the viral coin gaining traction through word of mouth.
Sometimes all it takes is for one thought leader to dictate the direction of a meme coin. When Elon Musk joked that Doge was “hustle” on Saturday Night Live, the coin crashed with a 30% loss!
Of course, having a witty and unique name will give your meme coin an advantage in gaining ground among potential investors looking for something new and exciting.
For example, Shiba Predator Coin (QOM) has been gaining popularity lately because its name is clearly a nod to the various Shiba-inspired coins out there today.
One way to grow your meme coin’s popularity is by getting a crypto influencer to talk about it.
Influencers have large followings on social media platforms like Twitter and Instagram. When a crypto influencer starts talking about your meme coin, you can expect more people to hear about it.
Decentralized marketing is a new way of marketing that is growing in popularity. Your community members become your coin ambassadors. They help spread the word about your coin, leading to more users and greater adoption rates.
Of course, you need to generate enough hype for members to get excited and share the news with their friends.
Managing a crypto community to brand your meme coin can be a challenge. Book a call today to learn more about how we can help you generate buzz for your crypto project!
Listing your meme coin will help you put your coins in the eyes of potential investors. With so many rugs in the market, having your coin listed on coin tracking sites also reassures your community that they’re buying the right token.
Make sure your coins are listed on these platforms:
CoinGecko
CoinGecko is a site that tracks the performance of coins on various metrics, including price, market cap and circulating supply.
CoinMarketCap
This site tracks the prices of coins and lists them on a visual chart that’s easy to read. It also tracks market caps and links to coin tracking sites like CoinGecko.
Dexguru
An alternative to CoinGecko and CoinMarketCap. Dexguru has the added advantage of allowing users to trade on the site.
Social media is a great way to build hype around your meme project. Here are some of the best places to start:
• Tiktok: This platform is like YouTube, but for memes.
• Twitter: You can find everything about crypto on Twitter. It’s an excellent place to start if you want to connect with influencers.
• Reddit: Cryptocurrency subreddits are one of the best places for marketing your product or service as well!
Airdrops are a great way to build a community around your coin, especially if you’re trying to market a newer project.
There are two main ways to do an airdrop:
• sending coins directly into the wallets of users who sign up for it
• giving out tokens in exchange for something like social media posts or referrals.
Conclusion
Meme coins make the crypto game more exciting. The community of meme coins is still growing. If you can market your coin effectively, there may be a lot of potential for profit.
Want to learn more about crypto marketing? Check out our other blog posts, or contact us directly to learn more!