$PUMP
📢⚡️ PumpFun: A Lesson in Crypto Success 💡
PumpFun might be the best example of why crypto airdrops aren't necessarily what the industry needs 🤔 The PUMP airdrop for early users hasn't happened yet, and although it caused a big drama initially, nobody's talking about it anymore 🙅♂️
Despite that, they still hold over 90% of the market share 📊
The Key to Success:
- Build a Great Product: Success isn't about airdrops; it's about building a product people are willing to pay for 💸
- Control Liquidity and Distribution: Once you control liquidity and distribution, users become sticky 📈
- Monetization: At that point, you'd have to really mess things up to not be able to monetize successfully 💪
The Airdrop Dilemma:
- Projects with Airdrops: Projects that rely on airdrops seem desperate, knowing users have little reason to stick around 🤷♂️
- Unsustainable Approach: Unless you have infinite funds, this approach will always fail 💸
- Solana and Ethereum: Chains like Solana and Ethereum are exceptions, not the rule 🔥
The Lesson:
Build something people really want, and the rest will follow 🚀
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