Edited By
Aisha Abdi
A coalition within the community is advocating for a strategic shift from past CEX dependence to innovative growth on Base. The focus is on harnessing current momentum in the memecoin space, notably a daily trading volume exceeding $1 billion on Base.
The core of the proposal emphasizes action rather than reminiscing about previous centralized exchange listings. Instead of accepting defeat, advocates are envisioning a future for $HOGE by leveraging advantages unique to Base:
Memecoin Momentum: Notable tokens like $BRETT and $DEGEN dominate daily trading, suggesting a ripe opportunity for $HOGE to engage with this active market.
Robust Infrastructure: The Coinbase-backed Layer 2 offers low fees and fast transactions, appealing to retail traders.
Existing Compatibility: Community tools and contracts are already ready for integration.
"Not everything needs to be dramatic or divisive. Some things just need a good, focused conversation."
The evolving discourse outlines several key strategies to be initiated:
Expand Liquidity: Utilize native DEXs (like Aerodrome and Uniswap V2) to boost market presence, estimated at a cost of $20,000.
Launch Bonus Initiatives: Develop exclusive staking pools and fast swaps with a budget of $10-15,000 for development and audits.
Community Engagement Campaigns: Collaborate with micro-creators, explore GameFi trials, and offer early user incentives to boost visibility, budgeted at $5-10,000.
Among commenters, there are mixed reactions:
Enthusiastic supporters praise the plan as a chance for a โHOGE Lift Off.โ
Others caution that merely integrating into Base without substantive utility may not meet the community's long-term needs.
More liquidity is viewed as a potential game-changer, yet skepticism persists about past failures in transforming $HOGE into a more functional token.
"More Liquidity + More Attention = HOGE Lift Off ๐" suggests a proactive approach could rekindle interest.
Some point out that $HOGE's identity as a memecoin may limit its ability to function as a true utility token.
A persistent theme: The wait for a "builder" to emerge as community members advocate for action over empty discussions.
โณ $1 billion+ daily volume on Base offers significant potential for $HOGE.
โฝ Community campaigns could boost engagement and visibility in a crowded memecoin market.
โป "If HOGE wants volume and relevance, it needs visibility, not just virtue."
The conversation is building towards action. As the community reflects on its past, the focus appears set on strategizing for a sustainable futureโone where nostalgia paves the way for innovative growth.
With a clear shift toward action, thereโs a strong chance that $HOGE will increase its trading volume significantly in the next few months. The community's plan to expand liquidity through native DEXs could lead to a 30% rise in market engagement, creating the volume necessary for a breakthrough. Additionally, the initiation of community campaigns may yield a similar boost, with experts estimating around a 25% uptick in user interaction if implemented effectively. However, skepticism remains about whether these efforts alone can transform $HOGEโs reputation as a memecoin into a recognized utility token. As the strategy unfolds, the success will depend on execution and genuine community involvement.
In an unexpected parallel, we can look back at the rise of bottled water brands in the 1990s. Initially seen with skepticism, companies like Evian and Fiji sparked doubts about their long-term viability, yet they ultimately reshaped consumer habits and created a multi-billion dollar industry. Much like $HOGE's community today, those brands faced criticism but harnessed innovative marketing and engagement to foster loyalty. Just as bottled water became a staple over time, $HOGE has the potential to carve out a permanent spot in the crypto marketโif it can navigate the currents of public perception and adapt its identity beyond just being a memecoin.