Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?
In my opinion, the main factor is community. The team must make a strong project with a good concept. For example, one NFT project "reptile chronicles" has so deep and unique lore. They are making really good content for their community. I read their novels and I was impressed. The project reminds me of a vibe of The Skyrim and Lord of the Rings.
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Yes, a strong community will make the project successful, like most coin memes that continue to survive and appear, some die but there are still many who survive because of a strong community, they make social media like Twitter, Facebook, Group Telegram, Discord and so on To convince investors that the project is serious and promising.
the community can indeed prove that the project can run well and have a long life,
but we can't expect more from a project without a development team,
because Meme Coin is a Meme Coin, you definitely understand the risks of investing in Meme Coin,
unless they have a development team and that I mentioned is not a Meme Coin anymore