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Why Memecoins Have Been 2024's Most Profitable Crypto Trade: Ansem and Kelxyz - Ep. 641
Unchained
Early Distribution, Cult Community and Virality in Memes
Successful memes in the crypto space tend to have early distribution with no major holders, forming a wide community. This helps prevent any individual from limiting the token's growth. Additionally, the early phase is crucial for community building. Success also hinges on virality, often through key opinion leaders and influencers spreading the word.
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