Community is critical for meme coin growth, Anndy Lian notes

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Daria Chernytska

54 min ago

Community is critical for meme coin growth, Anndy Lian notes — Importance of community for meme coins

Anndy Lian questions the dependence on Binance founder CZ to drive the price of new coins upward, referencing the history of Binance Smart Chain (BSC) memes and the success of projects like Pepe that did not rely on such involvement.

Lian argues there are no shortcuts to achieving sustainable growth in the crypto space and emphasizes the importance of building a strong community.

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Lian previously reported the crypto market dropped 1.11% to $2.22 trillion as Bitcoin led selling and correlations with traditional assets increased, according to recent data. He has also noted that Elon Musk’s net worth reached $1.2 trillion, equal to 3% of nominal U.S. GDP, surpassing Rockefeller’s 1.5% in 1937, as stated in an earlier article.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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