Community is critical for meme coin growth, Anndy Lian notes

Community is critical for meme coin growth, Anndy Lian notes

Anndy Lian questions the dependence on Binance founder CZ to drive the price of new coins upward, referencing the history of Binance Smart Chain (BSC) memes and the success of projects like Pepe that did not rely on such involvement.

Lian argues there are no shortcuts to achieving sustainable growth in the crypto space and emphasizes the importance of building a strong community.

 

 

Lian previously reported the crypto market dropped 1.11% to $2.22 trillion as Bitcoin led selling and correlations with traditional assets increased, according to recent data. He has also noted that Elon Musk’s net worth reached $1.2 trillion, equal to 3% of nominal U.S. GDP, surpassing Rockefeller’s 1.5% in 1937, as stated in an earlier article.

 

Source: https://tradersunion.com/news/market-voices/show/2624275-community-meme-coin-success/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.