Should Memecoins Rush Into Exchange Listings?
Hey, everyone! Getting listed on an exchange is usually a significant milestone for a token, but it can be detrimental to the project if not done correctly. So, when should a memecoin consider exchange listings?
In this clip:
- Growing the market cap before an exchange listing is crucial
- Exchanges allow for arbitrage, which can harm the chart at a low cap
- Building a secure system for managing and marketing the project is essential
- Protecting the project and investors' interests is a priority
John shared that 1776 is not currently listed on exchanges but can be purchased on Jupiter. While a listing exposes the token to arbitrage, this is less risky at a higher market cap. At the moment, however, it could negatively impact the chart and investors.
A listing can be beneficial when the market cap is higher, as it allows the price to move to the next level.
The 1776 team prioritizes security by implementing strategies like careful marketing, using a multisig for project funds, and being strategic about listings.
Learn more about this on Chain Chatter!
No. They should burn them all and find a new hobby. Crypto has a hard enough time being taken seriously without any muppet with nothing better to do, creating a worthless, utility less and childish token to make a quick buck from and making the whole movement look like some sort of joke.
I think it should
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