Does Hype really help with Crypto Success?

[minibuddy]

I realised that a lot of projects try to create exposure for their tokens by utilizing social media hype, and relying on that for engagements with their token.

 

I can't say that this strategy is not effective but what I can say is that if a token or project have very impressive utilities, people would definitely engage with it.

 

For example this was obvious with PUFFER, the team behind it made it known that the project was going to reduce the threshold for ethereum staking from 32 ETH to as little as 1.

 

And I believe this is why a lot of people were very excited when Bitget announced the PoolX to stake PUFFER for more PUFFER tokens. Personally, I'd suggest that more projects just work on providing real use cases instead of social media hooks and campaigns.