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How Telegram Became The Mecca For Memecoins
Manage episode 430101289 series 3474385
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This story was originally published on HackerNoon at: https://hackernoon.com/how-telegram-became-the-mecca-for-memecoins.
Today, with the crypto market experiencing a rebound, the social media preference is now in favor of Telegram, boasting almost a billion users
Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #telegram, #memecoins, #social-media, #crypto-and-social-media, #discord, #role-of-social-media-in-crypto, #why-is-telegram-popular, #best-social-media-for-crypto, and more.
This story was written by: @iremidepen. Learn more about this writer by checking @iremidepen's about page, and for more stories, please visit hackernoon.com.
While this article compares Telegram's approach to crypto integration with Discord and explores their relative strengths and weaknesses, it is important to note that the latter hasn't been entirely outpaced. As of today, there are some communities maintaining active servers, and Discord's voice chat functionality is still very much preferred. However, Telegram's current features and looser regulations have positioned it as the dominant platform for the memecoin phenomenon and a potential catalyst for mass adoption. Its current dominance in fostering the memecoin frenzy, with its ease of use, bot integration, and open environment, aligns with the marketing strategy of many memecoin communities.
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