Cryptocurrencies were born in the shadowy corner of the internet and were propagated by small groups of individuals and believers on bulletin boards and forums. Bitcoin and the entire volatile market would not have been possible without their involvement and dedication.
Token holders and the entire idea of HODLing is the first sign of cultural belonging, and as more tokens launched and gained market acceptance, so did their communities. Bitcoin developed cult communities, all of which backed the same philosophy of a free financial system.
Now, 10 years into the future, cult communities are a fundamental part of any established projects. Whether it's an NFT, altcoin, or a meme coin, all their stakeholders follow a similar idea. As with the case of the first meme coin, DOGE has gathered a flock of loyal followers who, to this day, remain firm believers,
In this article, we look at how strong cult communities are the driving force behind any successful meme coin endeavor and how they prevail across most of the noise.
What Are Meme coin Cult Communities
Meme coin communities are what we call established communities, thriving towards a goal and they're characterized by tremendous loyalty towards the brand's vision and its dev. Meme tokens with a cult-like following have managed to gain mainstream attention and expand their community beyond and reach Web3 natives and beyond.
Meme coin communities are characterized by a set of philosophies that prioritize holding and using visual gamification, which resonates with the project's ethos. Meme coins like SHIBA and DOGE are among the few who've transformed their followers into cult-like members with a few tweaks to their behavior.
Stakeholders in tokens like SHIBA or BONK centralize their beliefs and actions for the good of the tokens. Most of these include holding and staking their place in the community and helping the DOGE scale through various means.
Insights into meme coin cults identify 25 communities that have gone beyond the gambling idea of memes. These tokens are the ones who've recognized the potential of their communities, and we'll only see fewer of them appear as the market for meme tokens continues to dilute.
How Cult Communities Contribute To Meme coin Success
Many meme communities use humor to communicate and express their belonging to a particular meme. However, humor is just the superficial layer that characterizes cult communities, which have transformed from mere spillers into active parts of a brand.
Yes, that's right. Cult communities have transformed a joke into a globally recognized lifestyle brand through their philosophy of holding, succeeding, and building.
The reason why that happened is because cult communities can pool together resources and knowledge and work towards a common goal - which in many ways, tokens like Dogecoin, Shiba Inu, or Pepe have achieved what DAO intended during their surge in 2021. Now meme coin brands are implementing the same ideas as DAO, which goes a step further than NFT communities.
When comparing NFTs to meme coins, NFT communities used their profile picture to show membership and use it for networking. Meme cults have chosen cult leaders to build a resilient footing and retain the very notion of decentralization while still working within the community network to improve the meme brand's ability to remain relevant.
The Growth Effects of A Meme Coin Cult Community
As discussed, known meme coins like Shiba, Bonk, or Floki are global-recognized tokens that have transformed into a lifestyle brand. The DOGECOIN millionaire account is a right example that shows the light to which holders believe and back the project - transforming their entire existence to follow the cult rules.
Moreover, the idea of DOGE has made it into the US government through the highly vocal Elon Musk. Elon was appointed to run the Department Of Government Efficiency with the acronym D.O.G.E. Although the name can seem like a coincidence, Elon Musk has publicly endorsed the token since 2021 and used DOGE as his personal brand appropriation.
As for the direct effects and cult community involvement, meme coins have started to develop beyond what they intended to be while still using humor as a growth engine. FLOKI has recently launched a debit card directly resulting from user involvement towards a bigger goal. It's the first show of cults reinforcing their belonging and using their knowledge and internal resources to build and grow the brand.
In many ways, the meme coin supercycle positively impacts how meme coin communities are perceived in the Web3 space. They're no longer the industry's dark horse and provide a new form of utility - much greater than some altcoins.
Since altcoin's utility is rendered useless during bull markets, meme coin communities have a much stronger brand positioning. It's more relatable to Web3 natives, easier to onboard for newbies, and shows the real utility in a meme or any token aside from the Top 10 is the community.
Conclusion
Cult communities will remain the backbone of meme coin success as the market evolves. The largest and most dedicated communities will shape how meme coins are perceived and utilized, pushing them beyond their origins as internet jokes into globally recognized lifestyle brands.
These communities have already demonstrated their ability to harness humor, loyalty, and collective action to create significant value in the Web3 space. As meme coins mature, we are likely to see a shift in focus, with some moving away from humor-driven marketing to build utility-driven ecosystems. However, for many tokens, humor and community-driven storytelling will remain their most powerful growth engine.
As the meme coin landscape continues to grow, the enduring power of these cult communities will ensure their place at the forefront of Web3 culture. Whether through humor, innovation, or sheer loyalty, these communities are proving that the future of meme coins is more than just a fad—it’s a movement.
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