Browse By

Move aside, meme coins – it’s time to join crypto’s culture club

CLEVELAND. OHIO, Nov 18, 2021/ The popularity of meme coins surged in 2021 with the likes of Dogecoin and Shiba Inu exploding but, as we near the end of the year, the sun is rising for a new class of token, with interest from investors rocketing.

The arrival of “culture coins” appears to be the latest crypto craze, with a number of community-driven tokens aimed at spreading positivity and uniting holders from a diverse range of backgrounds.

It all started when $gm token – based on the abbreviation for “good morning” used by much of the cryptocurrency community as a greeting – launched on 8th November, and within hours a slew of copycats and derivatives followed.

$gm, an ERC-20 token on the Ethereum blockchain, has seen unprecedented growth – faster even than Doge and Shiba Inu, taking just three days to move from 0 to 10,000 wallets on Etherscan and more than $100m daily volume on Uniswap Exchange. $gm is already listed on 12 centralised exchanges including OKEx, Bitmart and Gate.io, and has over 20,000 Telegram users and 25,000 Twitter followers.

Such has been the early success of $gm, the team have even taken out a billboard ad on Interstate 405 in California, designed to catch the eye of meme coin advocate Elon Musk on his morning commute.

The team behind gm say the project is  “something more than a meme, it is a movement” and a “social campaign to spread a positive message to communities waking up”. 

Project co-founder, Olivia, said: “We are all human, no matter what race, gender, or sexual orientation. We all wake up and say “good morning”. Saying good morning is more than just two words, it has ushered a worldwide movement. When you wake up you say gm and when you see others you say gm. It is our goal for ‘gm’ to be a supportive environment that is inclusive to all people.”

One $gm community member who goes by “Cicero (gm,gm)” on Twitter described the project as “spreading the good word of good morning”.

He wrote: “$gm transcends siloed communities, cultures, nationalities, and languages, and unites people across diverse backgrounds and interests together with positive vibes — who doesn’t love a good smile on their faces when they hear ‘good morning’? 

“What we have seen in just the first few days of the project’s inception is a groundswell of community participation and volunteers across diverse backgrounds — music, art, marketing, etc — all willing to push this movement forward and spread the good word of good morning.

“What $gm has built in a matter of days is a close-knitted community rooted in a strong belief that this is more than just a meme. More than just a culture. More than just a movement. More than just a vibe. It is unprecedented.”

Another $gm community member, 6596 on Twitter, wrote: “I believe there is a natural demand for meme coins from members of the crypto community. Crypto folks saw what happened with $GME (GameStop shares) in early 2021 and yearned for something similar in crypto.

“In my opinion, this is what gave rise to $DOGE in April – a desire for a $GME-like meme asset in the crypto space. However, personally, I do not think there is anything special about a Shiba Inu meme. 

“Nothing against DOGE, but I just think that it happened to be in the right place at the right time.  In this context I think this makes it ripe for disruption. To me, gm has secured a position as the central crypto meme and this puts it in a unique position to take memecoin market share. 

“Every day when every crypto native person enters the metaverse they say GM and this is free marketing for the $gm project. So my long-term vision is that $gm can take meaningful share of the memecoin market share as the first truly crypto native meme to gain momentum as a memecoin.”

So if 2021 has so far been the year of the dog, will the world wake up to a new kind of crypto, with the growth of the culture coin? Holders of $gm and similar tokens will certainly be hoping a new dawn awaits. 

Note to editors

Join the gm community on:
Telegram: http://t.me/gmwagmi
Twitter: https://twitter.com/gmwagmieth 

About gm

gm ($gm) is the first culture coin, a movement designed to encourage positivity and inclusivity in the crypto community. Among the fastest growing tokens, gm reached $100m daily volume and saw the creation of more than 10,000 wallets within three days. $gm is already listed on 12 centralised exchanges including OKEx, Bitmart and Gate.io.