Solana dog coin Billy (BILLY) was initially abandoned by its developer shortly after its launch on Pump.fun. However, despite this setback, the community decided to take matters into their own hands and help Billy rise to success, ultimately reaching a market cap of $200 million. The developer sold all of their tokens within 20 minutes of launch, leaving the community to fend for themselves. As Billy started gaining traction, the developer attempted to use the project to promote other tokens, leading to backlash from the community and threats to delete all social media related to the project.
In response to the developer’s actions, the community organized a takeover, creating a new Telegram group, Twitter account, and website for Billy. A core group emerged to lead the takeover effort, with community members collaborating to ensure the project’s success. Community takeovers are not uncommon in the world of meme coins, where developers often abandon projects once they have profited from token sales. In the case of Billy, the community saw potential and united to ensure the project’s survival and growth.
Since the community takeover, the Billy project has grown significantly, with up to 100 individuals contributing their expertise in various areas such as marketing and social media. The project’s Twitter account now boasts 11,000 followers, and posters promoting Billy have been spotted around New York City. The dog coin’s popularity has soared, becoming the largest meme coin launched on Pump.fun and reaching a peak market cap of $215 million, all thanks to the dedicated community that refused to let the project fade into obscurity.
Currently, the community takeover team is comprised of over 500 individuals working together to ensure the success of the Billy project. Leaders have emerged within the group, and collaborations have been established to drive the project forward. The team’s dedication and commitment to Billy’s future have solidified a tight-knit group focused on achieving their collective goals. Through collaboration and teamwork, the community has transformed Billy into a symbol of the decentralized crypto experience, where individuals can come together, utilize their skills, and potentially benefit financially from their collective efforts.
As Minh Dynasty, a member of the community takeover team, stated, the experience of working on the Billy project has been akin to a school project where individuals must collaborate and find ways to succeed together. Despite the challenges faced early on, the community’s perseverance and dedication have propelled Billy to new heights and solidified its position as a successful meme coin within the crypto space. The project’s story serves as a testament to the power of community-driven initiatives and the potential for success when individuals come together for a common goal.
