Quote from: goku19 on Today at 04:09:23 AM

Quote from: 7deadlyBTCIN on October 28, 2021, 06:28:34 AM

Community means everything in crypto space, there are many people who think that shiba coin won't enter top 10 on coinmarketcap well today we did it, now that we are in bull season I'm sure more surprises is coming, shiba is more than a meme coin do your own research before judging the project, Dogecoin that was loved by the community for few years now got flipped

Community definitely takes an important role in the coin price, but I disagree if it "means everything." Big community means more buzz, more trading activity, more hodling, but it needs coordination. Once the infighting happens and people start to buy/sell without coordination, it will go back to its fundamental. Its utility.

what happens is when there is a problem, it is the community that can destroy the price of the coin.
Important communities are raised to build market trust. Investors who enter individually as well as institutionally must consider how big their community and market are growing. and community progress also provides help as to how much the market will attract new investors.