If you’ve been keeping an eye on the crypto world, you might have noticed a buzz around Bags ($BAGS), a rising star that’s just cracked the top 100 revenue-generating protocols across all blockchains. Posted by FINN on X at 02:30 UTC on July 31, 2025, this achievement is making waves—and it’s all thanks to a strong, die-hard community rather than outside funding.
How Bags Climbed the Ranks Without VC Money
What makes Bags stand out is its grassroots approach. Unlike many projects that rely on venture capital to fuel growth, Bags hasn’t raised a single dollar from outside investors. Instead, it’s the community that’s been the driving force since day one. This community-first mindset is a big deal in the crypto space, where trust and engagement often determine a project’s success.
The tweet highlights Bags’ ranking alongside heavyweights like OpenSea (9 chains), Virtuals Protocol (3 chains), and Bluefin (1 chain), with BONKbot and Launch On Bags rounding out the list. Sitting at position 65, Bags proves that a dedicated user base can compete with the big players.
Rewarding the Community with Points
Bags isn’t just about ranking high—it’s about giving back. The team is rolling out a points system to reward its supporters. Here’s how it works:
- Trade Anywhere, Earn Points: Whether you’re trading Bags coins on any platform or using the mobile app, you’ll rack up points.
- OG Member Bonus: Early supporters get extra points for their loyalty.
- Points Checker Coming Soon: A tool to track your earnings is on the way, so you can see exactly how much you’ve accumulated.
This move is a smart way to keep the community engaged and incentivized, turning casual traders into long-term advocates. The tweet teases that $BAGS is “coming soon,” with a planned launch in Q3 2025, adding to the anticipation.
What This Means for Meme Token Enthusiasts
For fans of meme tokens, Bags represents a fresh take on the genre. While many meme coins rely on hype, Bags combines community spirit with a revenue-generating model. The excitement in the X thread is palpable, with users like @FlamePlayss and @0xEvo cheering for $BAGS to hit 10 million and beyond. Comments like “Real ones build without VC money” from @hnrnft show the respect this approach is earning.
If you’re into blockchain projects that prioritize their users, Bags could be one to watch. The lack of outside capital means the team is fully accountable to the community, a rarity in the decentralized finance (DeFi) world.
Why Bags Could Be the Next Big Thing
The crypto market loves a good underdog story, and Bags fits the bill. With no VC baggage (pun intended), it’s free to innovate and adapt based on community feedback. The points system hints at future airdrops or rewards, a tactic that’s worked wonders for projects like Backpack Exchange. Plus, ranking in the top 100 revenue protocols is a solid indicator of staying power.
As we head into Q3 2025, keep an eye on Bags ($BAGS). Whether it flips BONK or pumps to new heights, this community-driven project is proving that in crypto, the people hold the power. What do you think—will $BAGS be the next meme token to moon? Drop your thoughts in the comments!