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A common theme in the memecoin space is to take an existing project, create a derivative or near-direct copy of it, and promote the new project in the hope that enough holders bandwagon into it and that the market cap moons. Such projects very rarely achieve long-term success. The creators of these projects know that, which is why they almost always rug them once the price is right. To achieve true long-term success, meaning a market cap that increases over …
— ORIGINAL POST ·
To be successful, a memecoin cannot just compete: it must rise above the competition
· r/altcoin
· Apr 15, 2025