Community backing is vital to surviving and thriving for any cryptocurrency in the market. Clientele retention is paramount for cryptocurrencies in this bearish market. With the rise of meme coins, much attention is needed from investors and crypto enthusiasts alike. The crypto referral scheme has proven to help keep people involved and grow the ecosystem. The idea behind the referral program in the meme coin industry is to incentivize existing investors to refer new investors.
These digital assets have recently gained significant traction and created unique communities through the referral program. This article will look into three prominent players in the meme coins who thrive on creating incentives: Caged Beasts (BEASTS), Floki Inu (FLOKI), and Shiba Inu (SHIB). We will focus on how these projects aim to develop community-based economies and their potential for growth and utility within the crypto community.
Rattling the Caged Beasts
With Rabit 4001 (aka Dr. Rabbit Hyde) and the imminent arrival of Chameleon 312 (aka Drake), the Caged Beasts are thriving to grow more in the meme coin industry. The Caged Beasts are behind to create an uprising for ardent lovers of meme coins to join hands and make a place friendly for the beasts. The project focuses on releasing genetically altered creatures, called Caged Beasts, in every pre-release stage. As the project generates money through presales, the beasts mature from fetuses to fully-fledged beings. The method of leveraging puts the investors at the edge of their seats with anticipation due to this appealing concept, which motivates them to become involved and reap advantages.
Caged Beasts aim to leverage meme coins’ popularity to offer their holders unique utility and benefits. People can sign up by connecting their wallets to generate referral codes. Your friends and families can use this code to avail of offers. One such is that with each purchase using the code, the purchaser can get 20% more $BEASTS tokens with each transaction, whilst the referrer gets 20% of the purchase in $USDT to their wallet. This can invite more people into the fold and create a situation where all feel part of the community.
Floki Inu: The Second Inu
The Shiba Inu tweet from well-known CEO and owner Elon Musk inspired Floki Inu, quickly gaining fame in the meme world. For Floki Inu, community backing is also a crucial focus. Like Caged Beasts, Floki Inu recognizes the power of a dedicated community and aims to foster an environment of active participation.
The practicality of the strategy is the main distinction between Caged Beasts and Floki Inu. Floki Inu aims to take advantage of the momentum created by the meme coin buzz by luring investors and people wanting to participate in the trend. Floki Inu hopes to connect with readers familiar with the cryptocurrency industry and have a basic understanding of how cryptocurrencies work by introducing a humorous and relatable brand persona.
Shiba Inu: The Grand Inu
Shiba Inu gained significant attention due to its association with the popular Dogecoin and its mascot, the Shiba Inu dog breed. Shiba Inu sets itself apart by focusing on the meme coin market. With a large and active community, Shiba Inu aims to establish itself as a credible alternative to the well-known meme coins in the market.
Shiba Inu shares similarities with Caged Beasts and Floki Inu regarding community-led growth. However, it stands out by capitalizing on the popularity of the Dogecoin brand and leveraging it to create a unique value proposition. Shiba Inu seeks to attract readers looking for the next significant crypto investment or meme coin with utility.
The rise of meme coins has introduced a new dimension to the cryptocurrency market. Projects like Caged Beasts, Floki Inu, and Shiba Inu aim to tap into the power of community-led growth and meme coins to create their unique economies. While Caged Beasts differentiate itself through its creative concept of rewarding the purchaser and the referrer, Floki Inu leverages the trendiness of meme coins. Shiba Inu capitalizes on the popularity of the Dogecoin brand.
Caged Beasts
Website: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
Telegram: https://t.me/CAGEDBEASTS
