‘I feel like I am actually making memories with the Hegends here’, wrote one member of the $HEGE Telegram group today. ‘This is by far the best Telegram of any crypto I have been in.’ Statements like that are made more often in the Telegram group. This post explores why a strong community like $HEGE’s is key to a succesful crypto project.
$HEGE is the first story driven memecoin. As the coin reaches higher market caps, more chapters in the story of Hege the hedgehog and his quest for the heart of his love Hegena unlock. The choice for a poor hedgehog as this projects’ main character cleverly points towards the real world economy in which hedgefunds serve to make the rich richer. $HEGE and it’s ‘Hegefund’, on the other hand, is a community project, open for anyone to join.
The $HEGE-project was born after the developer outlined his ideas in a reddit post. A lot of people recognised the potential and joined the project. They sent him some SOL and received their tokens. That built a lot of trust: sending someone SOL and actually receiving the promised coins in return – without the use of an exchange – is a unique feat in the world of crypto, where scams are plenty.
Trust is key in building community, as it leads to loyalty. According to memecoin-advocate Murad Mahmudov (@muststopmurad on X), loyalty is one of the factors through which one can identify potential succesful memecoin projects. Murad is the former stock broker that coined the term cult communities and predicts a memecoin supecycle. He believes that the best-performing memecoins of the expected 2025 crypto bull market will be cult memecoins: memecoins with communities behind them with almost cult-like properties, such as loyalty towards and being passionate about the project. Mahmedinov bases his theory on a philosophical framework. In his views, one of the functions of religion that fell through the cracks of modern capitalist society is community formation: the possibility for people with like minded interest to join forces and pursue a common goal. Cryptocurrencies have tokenized community relationships and memecoins are, according to Murad, the prime example of that development.
The fact is that a lot of people that join the $HEGE community through the project’s social media are surprised by it’s strength. New member receive a warm welcome, the vibe is always positive, questions are answered. The regulars in the chats have plain old fun on a daily basis. And the hard working team members prepare raids, run competitions, post new memes and artwork, or update the wider community about their negotiations with exchanges or other invisible but necessary work. Key factor in all of this: if you want to become a regular, just be there regularly. And if you want to become an artist or team member: just show your worth. It’s as simple as that in the $HEGE-fund.
The shared purpose of this community also makes its members put in a lot of work for this project. $HEGE became known as the king of reddit and consistently takes up the top spot in memecoin popularity index Lewk.
The community’s strength – and willingness to buy dips to keep pushing this coin to a higher market cap – causes $HEGE to tick all the boxes of Murad’s checklist of memecoin projects with strong upwards potential. $HEGE’s unique narrative stands out from the crowd. The projects mission, ‘helping Hege win Hegena’s heart’, is the ‘value’ that makes the $HEGE-community rally around a common goal. Such a shared mission also was the defining factor for the success of coins like $DOGE, $SHIB and $PEPE.
Naturally, people are also driven towards memecoins because they see a potential to earn a lot of money in a short period of time. Memecoins come with risks and you should definitely not invest more than you are willing to loose. At the same time, $HEGE is one of the only projects in the memecoin space that has consistently, since its inception in April 2024, noted higher highs and lower lows on the charts. The project has continuously grown and looks like it is getting ready for the next leg up. This is helped by the allocation of the project’s 400K USD marketing fund, which will be deployed in the weeks ahead, planned new exchange listings, and a new $HEGE-specific market maker liquidity pool which will drastically increase volume which, in its turn, is a requirement for Tier-1 exchange listings. You can read more about that here:
https://www.reddit.com/r/HegeCoin/comments/1i7knc6/the_announcment_we_have_all_been_waiting_for/
And it is this combination, of a strong, growing community with cult like qualities rallied behind a common goal and narrative, and strong financial potential backed by a huge marketing fund and future exchange listings, that makes me think that this project will be one of the winners of the upcoming crypto bull market.
submitted by /u/D0LPH1N1
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