CEX Quiz Answer & Daily Combo 30 October 2024 Updated

CEX Quiz Answer October

1. What did the video say about Shiba Inu’s brand?

✅ It called itself “the Dogecoin killer”

2. What key lesson can be learned from memecoins’ growth?

✅ You don’t need advanced tech to succeed, just people’s support

3. What made Dogecoin take off in popularity?

✅ The community behind it

4. What does the video encourage viewers to do?

✅ Join the community and build something together

5. What was the original intent behind creating Dogecoin?

✅ It was meant to be a joke

6. What did the video encourage viewers to do at the end?

✅ Join the community and stay tuned for more updates

7. What’s the key takeaway from the success of memecoins?

✅ Communities drive success

8. Why do memecoins go viral?

✅ People share and believe in them

9. What does the video suggest about building the future coin?

✅ It will be powered by community engagement

10. Why are memecoins so successful, according to the video?

✅ The power of community

11. What is the main appeal of memecoins, as mentioned?

✅ Their unpredictability and fun nature

12. How can people contribute to the new project mentioned in the video?

✅ By joining the community and being part of the journey

Other Question Part 1

1. How does Dogecoin stand out?

✅ Humor and community spirit


2. What enhances memecoin enjoyment?

✅ Embracing fun and lightheartedness


3. What’s surprising about some memecoins?

✅ Unexpected partnerships


4. What theme is presented about memecoins?

✅ Entertainment with potential


5. What inspired memecoins?

✅ Internet memes


6. What approach do memecoins take?

✅ Community-driven engagement


7. What analogy is used for the memecoin community?

✅ Digital summer camp


8. How are potential gains from memecoins described?

✅ Part of a crypto adventure


9. What does “play to win” mean?

✅ Engaging with the community


10. How does the memecoin community operate?

✅ Sharing ideas and content


11. What boosts memecoin popularity?

✅ Low price and social media


12. How is memecoins trading described?

✅ An adventurous journey


Other Questions Part 2

1.What should a Bagholder do in a downturn?

Consider their options carefully

2.What is a Bagholder?

Someone holding onto a losing investment

3.How can FUD impact your trading?

It can lead to rash decisions

4.What does FUD stand for?

Fear, Uncertainty, and Doubt

5.What does Pump and Dump refer to?

A scheme to inflate and then sell a coin

6.What is a risk of participating in a Pump and Dump?

You could lose money if you buy at the peak

7.How can FUD affect behavior?

It can create fear and hesitation

8.How does DeFi empower users? 

By allowing direct transactions without intermediaries.

9.How does FOMO impact your decisions? 

It can lead to impulsive choices

10.What is DeFi? 

Decentralized Finance without traditional banks.

11.Why is it important to involve friends in crypto discussions? 

To share knowledge and insights

12.What does FOMO mean? 

Fear of Missing Out


Use these answers to complete the quiz and claim your CEXP rewards. Good luck! 


About the author

Leo
Hey! I'm Leo. I'm always eager to learn new things and enjoy sharing my knowledge with others.

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