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Introduction to Meme Coin Marketing
What are Meme Coins? They’re cryptocurrencies based on jokes and pop culture. Why? Well… there are many reasons, but they are indeed a representation of a group of people placing perceived value on a certain token. People once thought Bitcoin was a joke.
To understand meme coins, you must first join the community of these coins and understand the mindset behind them.
Meme coins are often founded on the basis of a ‘joke’. The world’s most popular Meme coin, Dogecoin was founded in 2015 as a way to make fun of the wild speculation in cryptocurrencies at the time. Some call Meme coins as ‘insanity’ whereas some see it as a ‘get rich quick scheme. The most prominent figure to ever promote a Meme Coin is Elon Musk, widely proclaiming himself as the ‘DogeFather’.
According to popular coin tracking app – CryptoMarketCap – the total market capitalization for Meme coins as of currently is just a shy of a staggering $30Bln
Meme Coin Marketing Strategies
Meme Coin Marketing
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Coining The Right Crypto Meme Name
Meme Coin Marketing
The most popular meme coins enjoy this feat primarily because they have a humouristic name. Trending cringe-worthy meme coins include Dogecoin, Shiba Inu and Cum Rocket. As opposed to popular sentiment, you’re more likely to achieve a considerable following if your Meme Coin has a whole different category. Elongate proved to be a top contender because it picked up on the trend before others did.
How Meme Coins Work?
Meme Coin Marketing
Use Crypto Influencers for your Memecoin
Start the Next Crypto Trend and Build Marketing Hype
Meme Coin Marketing
This is known as decentralized marketing and you can learn from these DeFi influencers if you want to learn more. The key is to have members of your community act as ambassadors and share memes, videos, etc to boost your social media mentions. The more the mentions for your Meme coin (including sharing tweets, memes, etc on Social Media Platforms like Twitter), the more the chances for your project to go the moon!
Host Crypto Giveaways/Airdrops/Bounties as Marketing Campaigns
Update your Project’s Information on Coin Tracking Sites
Meme Coin Marketing
Target Crypto Advertising Networks and Display Campaigns
Post on Crypto Subreddits
Follow these Crypto Subreddits
Here are some good subreddits to follow:
Host a Crypto Staking Program
Use Crypto Launchpad Platforms for Marketing
Meme Coin Marketing
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Hire a Crypto Community Management Agency
Meme Coin Marketing
Conclusion on a Crypto Marketing Strategy for your Meme coin
Meme coins are often created on the basis of a ‘joke’. The world’s most popular Meme coin, Dogecoin was founded in 2015 as a way to make fun of the wild speculation in cryptocurrencies at the time. Some call Meme coins a reflection of culture, and restoring power to the people, others see it as ‘insanity’ and a false ‘get rich quick’ scheme; we aren’t here to be the judge but instead share the marketing strategy behind popular meme coins and help you market your project.
The most prominent figure to ever promote a Meme Coin is Elon Musk, widely proclaiming himself as the ‘DogeFather’. Meme coins capture people’s attention, for better or for worse. This marketing guide that will help you understand the phenomenon.
Need a crypto marketing agency that understands all types of strategies in the industry? Contact the crypto marketing agency experts, Crowdcreate.
We, here at Crowdcreate, offer a one-of-a-kind marketing strategy to ensure that your Meme coin gets the hype, exposure and awareness it truly deserves. Contact our crypto meme coin marketing agency at Cowdcreate and let us discuss how to improve your marketing campaigns.