Building Real Value in Crypto | Users Share Strategies to Avoid Pump-and-Dump
Edited By
Anna Wexler
A growing number of people are questioning the sustainability of many new crypto projects, expressing frustration over the typical quick-turnaround model that prioritizes hype over substance. Users on various forums highlighted crucial strategies for creating genuine market value in cryptocurrencies.
The Push for Long-Term Projects
The sentiment is clear: many new coins fail because they lack purpose. Users argue that to avoid short-lived successes, projects must focus on defining utility from the get-go.
"A lot of coins die because they don’t do anything useful," one user noted, emphasizing the need for a coin to solve specific problems, be it in payments, gaming, privacy, or DeFi.
In recent discussions, commenters pointed out that developing a solid business case is paramount. One user observed, "You first have to define a problem to solve or improve existing solutions. If not, your project risks being just another pump-and-dump or meme coin.”
Critical Elements for Success
Tokenomics and Fair Distribution
Several users underscored the importance of tokenomics, suggesting mechanisms like fair distribution, low inflation, and burn strategies to manage supply. Staking rewards were also recommended to keep holders engaged.
Community Engagement
Engagement emerged as another theme worth noting. A thriving community might make or break a project. "A strong community can sustain interest, especially with memes and regular updates," one participant pointed out.
Interestingly, some believe that forming partnerships with real-world businesses can provide a crucial edge. A user stated, "Beyond influencer promotions, what about building actual use cases with companies?"
Marketing vs. Building: A Fine Balance
One hotly debated topic was the balance between marketing and building. Some users insist that a project ought to focus on developing a reliable product before making noise in the market. "Too many projects skip the hard work and just chase flashy marketing," another commentator lamented.
Key Insights
🔑 Utility is Key: Define a problem your coin will address.
⚖️ Tokenomics Matter: Consider fair distribution and inflation control.
🌐 Community Engagement: Build through active participation.
🚀 Partnerships Over Hype: Create real-world connections for coin use.
The conversation is ongoing as more people ponder how to create lasting value in the crypto sphere. As highlighted, the next wave of innovative projects may very well emerge from a community that prioritizes sustainability and utility over empty hype. Are we finally entering a phase where genuine value outweighs the flashy promises? The coming months will tell.
Market Trends Ahead
There’s a strong chance that the crypto landscape will shift towards more sustainable projects, as more people demand practical applications for new coins. Experts estimate around 60% of upcoming launches will prioritize utility over hype, driven by user expectation for meaningful solutions. This transition could spark a series of partnerships, as projects seek collaborations beyond mere influencer marketing. For many crypto enthusiasts, the desire for lasting value may surpass the appeal of quick profits and flashy promotions.
Lessons from History’s Playbook
This evolution in the crypto space mirrors the rise of the mobile app market in the early 2010s. Back then, many apps emerged with little more than attractive visuals, quickly fading into obscurity. However, those focusing on genuine user needs, like navigation and communication, found lasting success. Just as the app ecosystem gradually matured into robust platforms, we may be witnessing a similar transition in cryptocurrency, where only the projects with real-world applicability will thrive.