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This week has been an eventful week for $LAMBOW. A few key updates from the week:
We had an unfortunate experience with a potential KOL that saw a 25% drop in our market cap
That was followed by Crypto Black Monday where BTC hit $49k and ETH saw the biggest single-day decline since May 2021. There were more than $1B of futures liquidations that day.
It was great to see the market cap hit 500k this week (currently sitting at 320k) after such a tumultuous week. We remain extremely bullish on the project and continue to innovate on every front.
We have been discussing the future of memecoins quite a lot and how projects can build something that can sustain over the long-term.
We believe that building multiple revenue streams is the best way for projects to be self-sustaining and not require sales of tokens to fund future activities.
Token sales can help in the short-term but to build something for the longer-term requires a more sophisticated strategy that leverages the goodwill and success a project gets from its initial buyers.
Everyone loves a memecoin that does a 100X or 1000X but we need more than just price action for a project to sustain through a bear market.
Memecoins are at the forefront of innovation. In their current form they are just an idea with a community behind them. But this is just the beginning. We see memecoins as an exciting new business model where the only limitations are imagination and the audacity (and ability) to make it happen.
“We're here to put a dent in the universe. Otherwise why else even be here?” - Steve Jobs
We have been leaning into our narrative of being the memecoin for entrepreneurs, builders and crypto investors by building out new videos, GIFs and memes around entrepreneurship.
We are working on a number of video series for $LAMBOW including The 20 Rules of Success and The 20 Rules of Money. We will start posting these shortly.
We hosted an X space with LFGO as our featured guest where we discussed The Future of Memecoins with a heavy focus on how different projects are funding the ongoing activity for marketing a project and what (if any) revenue streams they are looking at building.
We have finalized the design of the eCommerce store and are in the process of building it. We are looking at how we can integrate Shopify with Coinbase Commerce to accept payments in crypto.
We are waiting on delivery of the first sample from one supplier. And are in the process of getting more samples from other suppliers. We are making sure that our products are of the highest quality before choosing a supplier.
Raiding KOL posts is one of the best ways to get attention for a memecoin project. We have been testing different raid teams and have found one we like working with. Our focus is raiding with our community however we will also be using the raid team at different times to get even more exposure for $LAMBOW.
We have begun preliminary discussions with Market Makers to bring more volume to $LAMBOW
We are working on a meme generator tool to make it as easy as possible to make their own $LAMBOW memes.
We have a Dexscreener trending volume bot that helps us get top 10 trending on Dexscreener. We use this when the timing is right and we want to get attention for $LAMBOW. We used this after Crypto Black Monday to drive attention to $LAMBOW when the markets started to come back. We were the #1 trending Base token on Dexscreener for nearly 24 hours.
Daily artwork drops of videos, GIFs and images
Posting on X and raiding KOL posts
Testing YouTube Ads, Instagram Ads and TikTok Ads promoting content and growing followers
Sharing content on YouTube, TikTok and Instagram
Bull posting from our long-term strategic KOL partners
Website: lambow.xyz
TG: t.me/lambowxyz
YouTube: https://www.youtube.com/@BasedLambow
Instagram: https://www.instagram.com/basedlambow
CA: 0x4b61E2f1BBDEe6D746209a693156952936F1702C
Justin was on the following shows, representing $LAMBOW
Mario Nawfal’s Roundtable (Guest Host): https://x.com/i/spaces/1ypKdpzNqDgKW
Web3 Gaming with Tashi Protocol: https://www.youtube.com/live/XDuadVYGCL0
Gotbit Show: https://x.com/i/spaces/1OwxWNByYwQJQ
LAMBOW X LFGO on Benzinga space: https://x.com/i/spaces/1OdJrXlpPPYKX
This week's collaboration is with https://x.com/condo_base - first memecoin based on RWA investing.
Based Lambow