Ever wondered about the power of community in crypto? Community plays a pivotal role in shaping the success and impact of meme coins. These coins heavily depend on a dedicated and passionate following to succeed and are accoutered with amusing logos and hilarious origins. Meme coin mammoths Shiba Inu and Floki Inu credit their success to their loyal communities. Now, a new player, Caged Beasts (BEASTS), is trying to follow in their footsteps. Read on to know more.
Shiba Inu: The Kind Killer
Shiba Inu (SHIB), the major competitor of Dogecoin, has swiftly risen to become the second-largest meme token. Despite being dubbed the “Dogecoin Killer,” SHIB is far from cruel. It is backed by a passionate community of crypto enthusiasts and Shiba Inu admirers.
What sets Shiba Inu apart is its strong focus on community engagement. The SHIB community demonstrates their dedication through various initiatives. For instance, SHIB has partnered with the Shiba Inu Rescue Association, ensuring that a portion of each SHIB transaction supports its noble cause.
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Furthermore, the SHIB team actively participates in charitable endeavors. They encourage SHIB holders to actively engage in community activities and have a say in shaping the future of the coin by voting on proposals. The limited NFT Collection, which sold out within 30 minutes, serves as another testament to their popularity. SHIB’s collaboration with “The Giving Block” also allows for charitable contributions in partnership with renowned organizations.
Floki Inu: The Benevolent Viking
In 2021, the dedicated Shiba Inu community joined forces to create Floki Inu (FLOKI), inspired by Elon Musk’s adorable puppy of the same name and breed. Since then, this meme coin has surged in popularity, proving that a meme coin backed by a passionate community can make a significant impact.
FLOKI stands out with its Viking-themed branding and user-friendly initiatives, which add to its allure. However, what truly resonates with people is Floki Inu’s genuine commitment to making a positive difference. This authentic dedication has captured the hearts of many, leading to the remarkable success of the token, thanks to the unwavering support from the enthusiastic FLOKI community.
Caged Beasts: The Rightful Rebels
Financial power has remained in the hands of a limited group for far too long now, and it’s time for a coup that overthrows their regime. Welcome to the world of Caged Beasts (BEASTS), where the prospects of cryptocurrency coalesce with the thrill of storytelling.
The token’s story revolves around Rabbit 4001, a tortured rabbit-turned-mad scientist that’s out to put together a team of rebels. He injects a young animal with mutagens and cybernetic enhancements one by one, parallel to the token’s progress in presales. The story is a metaphor for how locked funds compound and grow over time. Even the name Caged Beasts is a play on Caged Liquidity.
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The BEASTS ecosystem features an exceptional referral system that you won’t want to overlook. Each holder has the power to generate a unique referral code. When this code is shared, you earn a fantastic 20% of any deposits your referrals make, which is directly added to your wallet. However, here’s the exciting part: the user who utilizes your code also receives a 20% share.
Caged Beasts thrives on its engaged community, where individuals aren’t just passive observers but active contributors. The referral system strives to build a united community that keeps expanding and rewarding. The tokenomics are presented with utmost transparency, akin to a crystal-clear stream, ensuring that everyone comprehends the intricate mechanisms of this remarkable project. Exciting endeavors are on the horizon, as depicted in the roadmap, offering a series of significant milestones to look forward to.
The Takeaway
The power of community in crypto cannot be undermined, especially when it comes to meme coins. Meme tokens derive their value from community growth, creating a ripple effect that attracts additional investors. As the community expands, more people become interested in the token, driving up its value. This interconnected relationship between community growth and investor attraction highlights the unique dynamics of meme tokens in the cryptocurrency market. Caged Beasts utilizes the power of community to the maximum, solidifying its uptrend towards the high ranks of the market. Sign up with the BEASTS today.
Join the Caged Beasts (BEASTS) Revolution
- Website: https://cagedbeasts.com
- Twitter: https://twitter.com/CAGED_BEASTS
- Telegram: https://t.me/CAGEDBEASTS
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