Re: What qualifies an animal to be a MEME coin mascot
It seems like animal meme coins are the popular trend these days with most circling around DOGE but even then, there's the occasional animal Meme coin that has no relation to DOGE but what I do wonder is what qualifies an animal to be a meme coin mascot. If it was popularity, Harambe would have a meme coin...probably does. Still, I'm wondering about this because I saw one Eth meme coin with a Hippo mascot named MOODENETH https://moodeng.vip/. It probably has a backstory I'm not aware of but it still begs the question of if anyone can just randomly create a meme coin cause I should probably create one for my Dog lol. Anyway, I'd like to hear what you guys think.
I think any animal can be used to start a memecoin project, but the whole point of creating a memecoin is for the animal or the mascot to be recognizable and inspire hype on people who decide to look into it. Dogecoin is the ultimate case, because it was pretty much a popular meme before it got turned into a coin, so half of the work was already done. Nowadays, memecoins projects are not about turning a meme into a coin anymore, but rather choose an animal, turn it into a coin and then hopefully the coin turns into a meme, completely the opposite of the "natural" process of memecoin creation.
Also, I believe the worst choice for a memecoin based on an animal would be an animal which nobody has ever heard of and people are not interested in learning about.
Yeah, it wouldn't gain any traction or good backstory, thus resulting in the community just abandoning it, in my opinion. Imagine a coin with an image of Uroborus or something along the lines of it..
