Marketing is a very important aspect of the cryptocurrency industry and one that by no means should be understated.
Being able to get your product and brand out there, then making it attractive enough for people to invest their hard-earned money into is a skill and one that many cryptocurrencies have mastered while others have not quite gotten the hand of it.
One of the best examples of a cryptocurrency doing marketing right is Dogecoin (DOGE).
Having been launched in 2013, Dogecoin’s first major surge initially occurred between 2017 and 2018 when the market cap of the meme coin exploded to a total of almost $2 billion.
As the original meme coin, Dogecoin played up to the rising popularity of meme coins and that in turn expanded its market cap.
Upcoming projects such as Xchange Monster (MXCH) have learnt just how important marketing is and have encompassed it in their plans.
What are Xchange Monster’s (MXCH) marketing blueprints?
The impressive thing about Xchange Monster (MXCH) is not only are they clued up about the issues within the GameFi industry and are actively attempting to solve them but they also recognise the impact that good marketing can have for their aspirations.
As a gaming exchange platform that encompasses an entire ecosystem, Xchange Monster has huge plans for the GameFi industry, wanting to continue the already significant growth the space has achieved.
As part of its marketing strategy, Xchange Monster (MXCH) will indeed adopt the use of public relations (PR) strategies to maximise the number of users on its platform.
These strategies include PR articles where several cryptocurrency articles will be translated into languages such as German, Korean, English and Chinese.
The usage of social influencers will also be expected to play a big part in Xchange Monster’s marketing ploy as the influencers will be engaged across social media platforms such as Twitter, Reddit, Wechat, Youtube and Telegram.
The likes of interview arrangements, the organisation of affiliate programs and hosting meetups will be further marketing strategies to build up the brand presence of Xchange Monster.
Dogecoin (DOGE): The king of marketing
Dogecoin (DOGE) is undoubtedly an expert at marketing and that has certainly contributed to its status as a top 10 cryptocurrency, amassing a market cap of almost $9 billion, according to data from CoinMarketCap.
Despite suffering a major drop-off since reaching its all-time high in May 2021, DOGE has rebounded over 20% in the past seven days to put it in good stead as the week comes to an end.
DOGE’s status as a top cryptocurrency is partly due to the marketing and the support it received from Elon Musk via Twitter as well as through TV when Musk mentioned Dogecoin when hosting Saturday Night Live in 2021.
According to the crypto analysts at Business2Community, DOGE could reach a price of $0.35 by the end of 2022.
For more information on Xchange Monster visit:
Presale: https://xchangemonster.boostx.finance/register
Website: https://xchangemonster.com/
Discord: https://discord.gg/M5hu5HwbeJ
Telegram: https://t.me/xchangemonsterofficial
Twitter: https://twitter.com/Xchange_Monster