Transition from Meme Coin to Store of Value: The Case of Everybody $HOLD

The project “Everybody $HOLD” started its journey in the cryptocurrency world as a meme coin, a common phenomenon in the crypto ecosystem where fun and speculation are the initial drivers. However, what sets Everybody $HOLD apart is its evolution into an asset perceived as a store of value.

From its launch, measures were taken to combat “sniping” and “front loading,” practices that allow some investors to gain unfair advantages. This fairness at the outset was crucial for ensuring an equitable distribution of tokens. Over time, the community and project development have displayed several unique features:

Community Development and Decentralization: Unlike many projects where the developer maintains centralized control, the developer of Everybody $HOLD stepped away, leaving the project in the hands of the community. This not only promotes greater decentralization but also prevents future manipulations by a single entity.

Organic Growth: Over more than 400 days, the project has shown growth in key metrics like liquidity and token distribution without resorting to inflationary or manipulative practices common in the market. This gradual, under-the-radar expansion has given the project a robustness few can match.

Distribution and Liquidity: The distribution of Everybody $HOLD tokens is notably uniform, which prevents market manipulation by large holders. Although liquidity might seem low in absolute terms, the liquidity pool is burned, ensuring it cannot be drained or manipulated, which is a common risk in other projects, but as we grow, the liquidity keeps increasing steadly and Community have plan to add more liquidity at certain MarketCap to make the project more appealing to traders moving bigger size than retail.

Community Education: The Everybody $HOLD community has taken on the responsibility of educating new members about the importance of holding tokens and not selling during market downturns. This collective understanding of the “numbers” and market dynamics has turned the community into guardians of the project’s stability.

Resistance to Market Manipulation: With a limited and well-distributed supply, Everybody $HOLD counters market practices that dilute value, like the mass creation of projects to attract and then “exit” new investors as “exit liquidity.” The community knows that keeping the supply out of the market is crucial for preserving and potentially increasing value.

The Importance of Holding: By simply holding, the community demonstrates that the collective effort of not selling or trading significantly mitigates nearly all market problems. It’s often easier said than done, but Everybody $HOLD is a finished product that only needs more holders to radically expand the supply distribution, thus using the term “unruggable” in a literal sense.

Only those who have been with the project long enough, having firsthand witnessed how holding through and during a bearish market keeps the project’s level stable, understand the strength given to the project by having a majority of holders who do not sell. If you magnify the number of holders where the majority understands the power of holding, it’s there where people understand why a project that organically achieved perfect numbers to protect itself becomes recognized as a store of value.