Chain Chatter | Building on Solana and Driving Community Growth
Hey everyone! In our latest Chain Chatter episode, we had an amazing chat with Jake, the CTO leader of Rintaro, a community-led memecoin project on Solana.
In this episode:
- From Bitcoin to Solana
- The impact of community on the success of a token
- Low entry barrier with easy access and low fees
The learning curve in crypto and the entry barriers to joining projects have deterred many people from exploring opportunities in Web3. With its low fees and ease of access, Solana has become a great playground for memecoins.
When a project is launched but the original developers or team can’t take it to its full potential and leave, the community gets a chance to take over the narrative and continue. This is what happened with Rintaro, which shortly after launch reached a $4M market cap, then dropped to under $200K after being rugged. The community bought the dip, took it back to $2M, and has worked together to keep the project alive and growing.
The easy access that Solana offers makes it possible for people to explore memecoins and join the community even with just a few bucks.
This episode of Chain Chatter gave us a fantastic example of the role the community plays in growing a project and taking it to its full potential. Check it out!
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Thanks for this information. Regarding SOLANA, I was very impressed by the fact that its market cap has recently surpassed that of BNB !PIZZA
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