My last CoinOodles post was months ago – October 29th to be exact. I took a long hiatus from writing, Crypto Sip And Shill, and crypto in general. There was no dumping of my bags. I held strong and even managed to accumulate more of my favorite tokens behind the scenes. Part of my departure was due to family life, while my other reasons had to do with Zeleboba and our NFT launch – The Zeles.
We worked tirelessly on the collection, but it was halted by OpenSea due to what we recently learned was our choice of wording. Damn! I could have avoided months of
frustration if I had just emailed OpenSea sooner. Additionally, our key utility, ZeleFX, was liquidated. It seems the high risk, high reward strategy worked against us. Talk about kicking a man when he’s down. I’d designed the entire NFT strategy around funding ZeleFX. Nevertheless, Zeleboba lives on! The project survived my absence and even grew stronger. Sure, the market cap dropped a bit, but the team grew stronger. Today, Zeleboba, in my humble opinion, is stronger than it’s ever been.
Rethinking $ZELE
With ZeleFX on hold, Zeleboba was forced to pivot. For now, the emphasis is on returning the token to its meme coin roots. New members joined the team, adding fresh perspectives and a renewed work ethic. The new focus – rebuilding community trust and working nonstop to make Zeleboba what we all believe it can be, the best meme coin on the Arbitrum network.
New team member, You Know, gave Zeleboba a facelift, adding fresh new art and sticker packs. The team increased visibility and activity in Telegram and voted to reduce the tax structure to 1% on buys and sells. Token burns at certain market cap milestones was announced. Team tokens continue to be vested and liquidity was recently locked until April 1, 2024. Once unlocked, the team will consider moving liquidity to a DEX with more Arbitrum volume than Pancake Swap. Plans are underway to get the main Zeleboba account verified and have a stronger presence on X. Zeleboba’s website is due for a refresh, and that should come in the next few days.
$ZELE faced its fair share of obstacles, but remains unshakeable, growing stronger in the middle of a bear market. Engagement with other crypto communities is on the rise, and Zeleboba hopes to capitalize on new connections for the benefit of holders. Holders can look for some unique collaborations between Zeleboba and several other token communities. Zeleboba believes that there’s enough room for everyone to have a seat at the table, and the team is committed to building with Arbitrum despite the scarce representation of meme coins on the network. Zeleboba remains focused on winning in the next crypto bull run, but for now, the foundations are being laid.
CoinOodles.com 
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