How does Pionex leverage the power of the community to achieve breakthrough growth?

CN
Web3Pulse
Follow
1 year ago

In the past two months, despite the continuous hot events of meme coins and airdrops of top projects, the overall market atmosphere seems somewhat sluggish. The howl of the bear seems faintly audible, while the footsteps of the bull are uncertain. Against this backdrop, the Bitcoin ecosystem has suddenly experienced a surge. Currently, there doesn't seem to be any significant positive news, and it appears more like an emotional release from the community retail investors.

It is well known that a new phenomenon has emerged in the cryptocurrency circle this year - the confrontation between VC (institutional) coins and meme coins, with retail and institutional investors not picking up each other's positions. The relative opposition between the two sides is gradually becoming apparent. As VC coins have been on a downward trend since March, meme coins have gradually risen, and the anti-VC consensus has been spreading in the community.

At the same time, the top exchange Binance has recently sparked market doubts with a series of operations. When listing new currencies, Binance seems to have adopted a double standard. Recently listed currencies such as ZRO, ZK, OMNI, and AEVO have all experienced a pattern of sharp rise followed by a sharp fall.

These VC-supported projects are all characterized by high market value, high valuation, and low circulation, with a large amount of chips still waiting to be unlocked for sale. Despite poor community feedback, they still receive dual support from Binance spot and futures. In contrast, some projects that originate from the community, are supported by retail investors, and have fair distribution, even with high popularity and trading volume, have yet to receive equal treatment.

With the recent doubts from retail investors about Binance, as well as the response from Binance co-founder He Yi, the market's anti-VC sentiment has been further intensified. It is well known that the essence of meme coins lies in emotions and community consensus. Coupled with the fair attributes represented by the Bitcoin ecosystem, this outbreak seems more like a concentrated reflection of retail investor sentiment. Thus, we once again witness the enormous power hidden in the unity of retail investors and community consensus.

In fact, this power has been fully demonstrated in both traditional finance and the cryptocurrency market. In January 2021, Wall Street witnessed a "GameStop short squeeze event" where retail investors confronted institutional giants.

Institutions shorted GameStop, while retail investors banded together to buy, with both sides continuously pouring money in. In the end, the power of retail investors forced institutions to cover their positions and heavily buy GameStop stocks, causing the stock price to soar. This is a classic successful case of retail investors battling institutions. This event also resonated strongly within the cryptocurrency community, giving rise to the meme coin craze in the cryptocurrency market. SHIB, through the establishment of a decentralized, democratic, and innovative community, has become a model of the community consensus power in the cryptocurrency field.

With the intensification and community spread of the opposition between VC and retail investors this year, the trend of retail investors banding together is taking shape. The fair attributes represented by the Piin project, as well as its lack of project parties and VC, and its community autonomy, naturally align with the anti-VC narrative. Therefore, once retail investors resonate with and form a consensus on a project, it can unleash tremendous market energy. This community power is enough to drive rapid price increases and trigger market fervor.

Furthermore, based on personal observations of the market, mainstream values are also undergoing a transformation from the past "VC-only" to "community consensus." People are gradually realizing that the value of a project cannot solely rely on VC endorsement, but more importantly, it needs to gain recognition and support from the community.

In this context, as a representative of the rising power of retail investors, Piin in the Bitcoin ecosystem has the potential to become a new star.

As a fair distribution and fully circulating Bitcoin inscription project, Piin originated from the Pi community and is entirely driven by retail investors, representing the consensus and power of the grassroots. Piin's vision is not only to unleash the potential of 50 million Pi community miners but also to unite the grassroots from all walks of life to break free from capital oppression and pursue financial freedom. This is a grassroots social movement involving participants from various circles, highly in line with the current anti-VC narrative sweeping the cryptocurrency market.

Although Piin started late and only emerged in the second wave of the Bitcoin inscription, it has not yet experienced a real explosive growth. However, after 7-8 months of development and precipitation, Piin has already gathered strong community consensus.

Even in a sluggish market, the Piin community continues to actively build and promote the project, with daily community activities never ceasing. Furthermore, despite the high threshold, high fees, and complex trading in the Bitcoin ecosystem, Piin continues to maintain a continuous increase in its holding addresses and community members.

From a data perspective, Piin currently has 17,000 holding addresses and is still growing, and its current market value of only 20 million implies a very considerable future growth space. Especially considering Piin has a potential user base of over 55 million from the Pi community, this opens up unlimited possibilities for Piin's future.

More importantly, the Piin community recently made a major decision - to enter the Solana ecosystem, which means Piin will reach a massive potential user base in the cryptocurrency circle, opening up a broader market space.

As the public chain with the most incremental funds in this round of the bull market, Solana has low fees, a lower purchase threshold, and a huge active user base, making it a hotbed for many meme coins, Web3 projects, and investors to compete for.

In addition, the Solana ecosystem has recently seen the emergence of many phenomenal meme coins, including those with hundredfold and thousandfold increases, further stimulating Solana users' pursuit of potential meme coins, providing an excellent external environment for Piin's development.

It is worth mentioning that the Piin community has shown remarkable execution in promoting the cross-chain Solana strategy. Although this decision was made not long ago, with the active response and joint efforts of community members, Piin's liquidity pool on Solana has already taken shape. This paves the way for funds to enter the Solana ecosystem and marks a phased success of Piin's cross-chain strategy.

At the same time, with the joint efforts of community volunteers, Piin has been listed on major mainstream and cryptocurrency market users' commonly used cryptocurrency market websites, including CoinMarketCap, Dex Screener, Ave, and more. This means that Piin's project information and related data will be seen by more potential users, further enhancing Piin's exposure in the cryptocurrency market.

For the development and growth of the community, volunteers are actively exploring how to further enhance Piin's influence and visibility to attract Solana users.

Through research into the successful history of meme coins, it is found that promoting through social media channels can have a huge impact. Especially on Twitter, a key battleground for the cryptocurrency community, it will be crucial for Piin to spread its value concept and expand its community scale.

Twitter, as a globally important social media platform with over 540 million monthly active users, is a gathering place for KOLs and important figures in the cryptocurrency field. Figures such as Tesla CEO Elon Musk and Ethereum founder Vitalik Buterin are active on this platform. Twitter is also an important channel for cryptocurrency project announcements, understanding market dynamics, project progress, and exchanging viewpoints.

For meme coins that rely on viral dissemination, their value largely depends on community activity and social media exposure. Therefore, the promotional value of Twitter is self-evident.

Based on this understanding, the Piin community will use Twitter promotion as a key strategy to attract cryptocurrency players and enhance the project's visibility. Specifically, this can be achieved by registering a Twitter account, following cryptocurrency users for interaction, including likes, retweets, posts, and commenting under posts by influential figures to spread Piin's cultural concept.

Currently, Piin has established a dedicated promotion group to provide systematic promotion guidance and material support for community members. Links to tweets from cryptocurrency influencers are also shared in the Telegram group, allowing direct access to Twitter to spread Piin's information.

By concentrating efforts on the comments section of these influential figures' tweets, Piin's exposure can be rapidly increased through their influence, attracting more attention from potential users. After all, when Piin's presence frequently appears in the comments section of various influential figures, it will undoubtedly arouse more curiosity and interest, prompting people to actively seek out project information.

Currently, Piin is at a new development starting point. In order to let more people understand Piin, the Piin community members need to actively participate in Twitter promotion to contribute to Piin's development. Only by uniting as one, can the collective strength gather to amplify Piin's voice on Twitter and attract more users' attention and participation.

The cryptocurrency market is also ushering in a new landscape led by the community and the rise of retail investors. We are standing at the forefront of this era, so let us seize this opportunity and use practical actions to write a brilliant chapter for Piin.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

注册币安返10%送$600,超2亿人的选择
链接:https://accounts.suitechsui.blue/zh-CN/register?ref=FRV6ZPAF&return_to=aHR0cHM6Ly93d3cuc3VpdGVjaHN1aS5hY2FkZW15L3poLUNOL2pvaW4_cmVmPUZSVjZaUEFG
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink