With 100,000 memecoins launched daily, almost all of them copying each other’s formula, being unique and having the ability to innovate is THE key to long term success. The world of memecoins is not like the traditional business world where there are barriers to entry, capital requirements, and many other factors that create a moat around established businesses and quickly shut down competition. In the memecoin space, anyone with a computer and a few dollars can start their own coin. This is why 99.99% of the created memecoins fail within the first several weeks. Unlike the traditional business world where you can start a successful long term business by copying your competitor’s formula and running it slightly better than them, the memecoin space with its super low barriers to entry is flooded with copycats to the point where copying another memecoin’s formula spells almost certain doom.

Thus, what becomes the critical component to a memecoin’s long term success is its ability to innovate, to bring something novel and fresh to the space, and come up with creative solutions to any barriers it runs into (because there will be a lot). The memecoin space is littered with projects that have a big pump and reach an all-time high within the first few weeks, and then slowly die afterwards. This is symptomatic of a project that is unable to come up with the next innovation to bring their projects to the next level. Instead, people buy in on the initial excitement and the project then slowly withers away over time. What the chart of projects that are able to innovate looks like are cycles of pumps followed by consolidation with the peaks and troughs of the pumps and consolidations trending higher over time. This shows that the project can continue to innovate, bringing in new holders and taking the project to the next level with each pump and consolidation cycle. If you find a project that is able to do that and has proven it over and over, then you will have found a project that has WIF / PEPE potential.

For me, one such project is $HEGE. Let’s look at some of their innovations:

• Created the Story Driven Memecoin Concept: Instead of just creating a meme, Hege created the concept of an underlying story that unlocks over time
• Friends of Hege program for donations: Instead of just asking for donations from the community, Hege created a program to reward donors with benefits
• Nothing reserved for marketing at the start. Creation of a marketing bank: Raised a marketing bank held in Hege with tokens to be used for marketing unlocking at different MC targets.
• “King of Reddit”: Known as the King of Reddit by other coins. Hege really came up and tuned the formula for marketing on Reddit.
• NFT launch after tokens (planned at the start of Hege): Hege announced in April that NFTs were planned and would be released in the future.
• NFTs with dividends based on the Hege token price: Hege’s NFT’s will have a monthly dividend payment based on the Hege token price
• Gen AI bots modeled after each of the Hege characters: Created custom AI bots that raid on X in their own personalities
• The Jeetulator: Created a website that calculates how much someone lost by jeeting a coin
• Initial Exchange Launch: When launching on first exchange, surprised by doing 3 at the same time
• TikTok Marketing: Have a novel TikTok marketing strategy coming out soon (details to be disclosed later)
• Hege in the Real World: Instead of just Raiding X all day, Hege has developed novel marketing campaigns including driving a Hege painted RV across the United States for 2 months and a real world sticker contest that has seen over 10,000 HEGE stickers ordered by community members

Now, let’s take a look at their chart. Launching at $60k MC, HEGE’s first pump and consolidation cycle was between $600k and $1.2M MC. After releasing several novel technologies, HEGE was then able to break out and the next pump and consolidation cycle was between $2.5M and $8M. With the next set of innovations implemented, HEGE was then able to break out once again and enter its current pump and consolidation cycle between $6M MC and $25M MC. HEGE’s current cycle has lasted about 2 months and HEGE is going to release some absolutely enormous news in the next week or two.

As always, please DYOR, but if you are looking for a coin to buy into, I would highly recommend looking at Hege.

🐦 https://www.x.com/HegeCoin

🌐 https://www.hegecoin.com

CA: ULwSJmmpxmnRfpu6BjnK6rprKXqD5jXUmPpS1FxHXFy