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❓ASK What's makes coins to gain popularity?

S

SCAMEXPOSER

Guest
The release of new coins on monthly basis into the coin market is not a case that is unnoticed by every active participant in the crypto currency world.

Very many of these coins struggle to survive, some are dead on arrival while few of them grow faster and popular.
I care to know the factors that could be responsible for the growth of some of these coins rapidly. Opinions shared here could assist in investing in the new coins.
 
The valve of this coins play a major role, anything with less value is never really noticed and become worthless with time. So a new coin with high value will become popular in no time
 
Value of the coins is one of the things that attract people. Besides that , if there are features like staking involving in the coin or some other unique featire may drive people to invest in that coin. And if the developer team of the coin is someone from big companies like YouTube or Facebook , people think the coin has great potential.
 
Promote it everywhere through popular You tuber or Instagram influencers with thousands of followers. Some of these coins are just there to scam you, others are incompetent they died on arrival.
 
And if that particular cryptocurrency is listed in the local exchanger to buy/sell crypto using fait money , this also attracts the people because they can trade that cryptocurrency
 
I think things like the coins technology, use-case, ecosystem, and price growth and marketing all factor into a coins popularity.

Revolutionary ideas with tech and development to back it are a lot easier to buy into that tokens issued with a dream. As we have seen, a coin can have all of this (tech, use-case, a functioning ecosystem, and more) but if it does not successfully implement marketing, it may still suffer the same fate of many coins before it (see Nanocurrency).
 
To get mining highly you need a good company to get sponsor you but unfortunately the alt coin mining company fake so most altcoin dont get popularity easily
No the cloud mining companies also accept altcoins like litecoin or ethereum. Examples like eobot ,hashflare and others. Bitcoin mining is the most popular though
 
Ofcourse the value of a coin help to increased the popularity of a new coin..also they need a good background because if you look to blockchain coins,they able to make their coin popularity early while many altcoin stills not able to reach 1$ ...so the ads of a coin also help to gain ot popularity
The white paper entails a lot of these information and also luck is another factor cos their are some coins with very captivating ads and also response via different channels of communication but unfortunately they don't see the light of the day.
 
I think the thing that makes a coin famous is the demand of the coin in the market. and also the investment while building the coin! Cause we know that to create our own cryptocurrencies, it takes a huge investment and not everybody can afford it!
The demand is always the outstanding factor,just like any other product that becomes famous it's always starts with the wanton demand for it and it grows to be highly demanded.
 
If the demand is higher , the volume will definitely increased, the continuous demand will make the coin becomes popular and at a point if the demand exceeds supply the price will also increase, guess that's what happens to new coins.
 
Back then, most people didn't save coins. They spent them. Coins bought far more in relative value than a pocketful of coinage will buy for you today. Thus, when you received coins, you quickly put them back into circulation by spending them.
Hey there bro. New coins here means new cryptocurrency not the coin we have in fiat currency. The new coins needs attraction so it will have value on their existence.
 
In my opinion and experience with new coins, these new coins could gain popularity if it undergoes an airdrop event or an Initial Exchange Offering (IEO).
You are right, the popularity in either of the airdrop event grow a new coin especially if most of the subscribers reinvested after the IEO.
 
You are right, the popularity in either of the airdrop event grow a new coin especially if most of the subscribers reinvested after the IEO.
The additional one is through Initial Coin Offering either public or private. It is a type of funding using cryptocurrencies. It is often a form of crowdfunding.
 
I believe that an airdrop event or campaign makes new coins be popular. Many users would like to join in airdrops as long as legit. Also partnering with exchangers and big companies will let it be popular
Definitely, once the coins are launched, popular exchangers and forums could help boost the followership and investment. If person like Mr.B should promote a new coin members will be comfortable to invest in it .
 
I believe that an airdrop event or campaign makes new coins be popular. Many users would like to join in airdrops as long as legit. Also partnering with exchangers and big companies will let it be popular
Yes it is another way of making new coins popularity but main one is the Initial Exchange Offering (IEO). New coins will have value here and gains attract to many investors in exchanger platforms.
 
You are right about that , people who invest earlier on these new coins are always lucky cos it rise faster before it join other league coins following bitcoin's price fluctuations.
 
At start, new coins should gain traction by heavy promotion throughout all possible social medias, if they're determined useful enough by early adopters and backed with a competent team behind it, then I think it has a chance to success.
 

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