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The Role of Meme Culture in the Success of Cryptocurrencies Like Puss Coin

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adese
64
2 days agoSteemit7 min read

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Introduction

Over the years, the world of crypto space have really evolved and become much more better than what it is as the crypto space was at one point known to just be financial assets. Bitcoin and some other coin started the financial infrastructure in the crypto space and since more, the financial asset in the crypto space have evolved and evolved over the years and one of it is the meme culture.

In the recent years, we have seen more memecoin coming to display. Examples like shiba inu, dogecoin and many more. Recently on the Steemit platform announcing to have launched their first memecoin and which is the Puss Coin. The meme culture as I called it have this nature that allows the success of cryptocurrencies to thrive nevause of the community engagement and also the market dynamic that it offers. Today I will be talking about how the presence of meme culture have contributed to the growth of other meme coin most especially the Puss Coin.

Understanding Meme Culture and Its Appeal

Let me start by establishing the understanding of meme culture as it is transforming the digital world that deals with content that helps to be spread across the lot of social media platforms that we have. One of the things I have actually come to discover about memes is that it is virtually explainable. It helps to reach a lot of large audience and the fact memes on their own always have this sense of humour actually that helps to create this feeling of engagement in the community.

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Talking about Puss Coin which is an example of Meme crypto token have been able to make use of this meme culture to be able to gain more engagement. Like I said, the meme culture believes in the community engagement and I believe that is what the Puss Coin follows. Over the years, I have actually come to discover that memes have been a marketing tool that have helped to attract investors and even participants to many projects. One of the things I have noticed about memecoin is the eye catching view that they have compared to the traditional cryptocurrency that we know which is of a seriousness view.

Community Building Through Humor and Engagement

Someone will ask me how do the community building through Humour and Engagement actually works? Well I will say one of the ways meme culture will contribute to the success of Puss Coin is by the community building. That has started already on Steemit platform within the Pussfi community and I belong very soon, it will spread to other platforms on which Puss Coin Project is on. Majorly talking about twitter currently now.

Trust me I have come to discover that a very active and engaging community when it comes to the memecoin world is what is responsible for every projects to thrive and even succeed and that is one of the initiatives that can be picked by the Puss Coin. We can organise engaging programs like social media groups, online forums and random discussions as concerning the coin that will help foster the growth and development of the Puss Coin and not only that but that will create engagement within the community.

Thank God we are now blessed with a lot of platforms that can help to do so. Platforms like examples of Twitter, tiktok and even discord can help to increase the reach of Puss Coin globally. It can work on this platform in a way whereby content can both be created and shared depending the form the content are been shared. It can be shared either using challenges, videos or even post. These platforms I make mention of makes it easy for content to easily reach millions of people all across the globe and build a strong community with the members been active and engaging.

The Power of Virality and Influencer Endorsements

I will like to talk about a particular point and that is the power of vitality and influencer endorsements. First of all, what do we mean by Vitality? Vitality is one of the element of the meme culture but in fact I see it as one of the most important elements of the meme culture as it will go a long way to help in the rise of Puss Coin in value. The internet been viral in nature actually helps a particular trend to spread faster than we can ever imagine of. In fact platforms like twitter take for example can make a single tweet to really go viral.

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In fact a single video made by a social media influencer who have a strong and huge follower base can make the Puss Coin to skyrocket in both attention and even in value when it comes to the market price. I have come to discover that if Puss Coin can actually leverage on the strength that those influencers have, it will definitely help to actually reach more broader audiences which can potentially help to drive in more investors that will be interested in investing in the coin much more and generally the project. This exposure at the end of the day will go a long way to enhance the market value of Puss Coin and then the success of the project at the end of the day.

Speculation and the Influence of FOMO

Now we need to understand that the crypto space thrives on speculation. What do I mean by that, with meme coin like Puss Coin, it can be influenced by Speculation and FOMO and with the meme culture, if these speculation can be used effectively, it can lead to produce result that are actually effective. With speculation, investors can invest in the price movements upward and this constant flow of the movement of the price upward can lead to the price of the coin to keep going up and up higher. With that, it can even help to encourage a lot of people to actually keep investing which at the end of the day will push the price value of Puss Coin to go up.

Most of the time, the FOMO effect is driven up by the meme culture when talking about the memecoin. There have been experiences shared that during those period, investors make huge gains that will be spread across the social Media. When people see those huge gain that is been picked from the coin, it can encourage a lot of investors to keep investing because there will be this fear of missing out. If this continues, it can continue to keep pushing the price value of Puss Coin up and at the end of the day will help to contribute to the success of the project at the end of the day.

Conclusion

As I conclude, I will like to establish that the massive rise of the meme based cryptocurrency majorly Puss Coin is transforming the crypto space and even will go beyond the Steemit platform. I am seeing it as a benchmark on which the memecoin will actually thrive and will succeed. I am so confident of what it holds in the future as more exchanges begin to get it more listed. We are in the early stage and I must say that I am so lucky to be part of the early stage.

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