The era of issuing coins for everyone has arrived, the Solana ecosystem Meme coin platform ignites the market.

New Pattern in the Meme Coin Market: The Era of Issuing Coins for Everyone Has Arrived

In the cryptocurrency market, internet culture and Memes have always played an important role. However, the high-risk characteristics of Meme coins make it difficult for most investors to profit from them, and they are more likely to suffer significant losses. This makes value investing in the Meme market unreliable, with excessive speculation.

Nevertheless, the traffic attribute inherent to Meme has become an indispensable part of public chain development. Therefore, how to maintain the fairness of the Meme market has become an important issue in this round of bull market. As the largest Meme launching platform in the Solana ecosystem, a certain platform has recently attracted widespread attention in the market. This platform continues the narrative of fairness, supporting users to deploy and issue tokens at a very low cost of (0.02 SOL) without any development experience. Since its launch in January, this platform has issued over 460,000 tokens, leading the Meme coin track into a new stage of "universal issuance of coins."

The Solana new star ignites a nationwide coin issuance craze, interpreting the fairness and risk points of Pump.fun

01. Introduction to a Certain Platform

A certain platform is a tool and community platform focused on issuing Meme coins. It was launched on Solana in January 2024 and shortly after going live on the mainnet, it added support for Ethereum L2 Blast. The platform simplifies the coin issuance process and lowers the technical barriers, providing users with an easy and low-cost way to deploy and issue tokens. Users only need to pay a fee of 0.02 SOL and can easily use the platform without any development experience.

The simplified and low-cost features of the platform have made it rapidly popular within a short period, achieving significant accomplishments. In the past 10 days, the platform's trading volume has shown a parabolic growth trend, creating nearly a 50% increase in total revenue. Currently, the platform's daily earnings remain above $450,000, with no sign of a declining trend.

Solana New Star Ignites Nationwide Coin Issuance Craze, Analyzing the Fairness and Risks of Pump.fun

issue coin process

Users can choose to use Blast or Solana. The coin issuance process is very simple; just click "Start a New Coin" and enter the name, code, description, and brand image, pay 0.02 SOL, and you can initiate the token's "fundraising" issuance process. The whole process requires very little expertise, and ordinary people can operate it.

After creating a new coin, the token will launch along the joint curve on the platform. The joint curve is a mathematical curve that determines the token price based on the supply. As more tokens are purchased, the price typically rises. Anyone can buy and sell on the platform, and when the total market value of the token reaches $69,000, the liquidity of the joint curve will be deposited into a certain DEX and burned.

After the liquidity of the coin is deposited and burned, users can purchase it through a certain DEX or through their preferred Telegram bot and web application terminal to gain more liquidity. At this point, the new coin issued by the platform appears just like any other coin, and the issuance process is complete.

issue coin特点

  1. Extremely low coin issuing cost: Anyone can deploy their own Meme token at a cost of less than $2.

  2. No need to seed liquidity: The system will automatically establish an initial liquidity pool on the DEX for newly issued tokens ( approximately 60,000 USD ).

  3. Automated Process: Once the market value of the new token reaches $60,000, the system will automatically inject all purchased funds into the liquidity pool and launch trading on a certain DEX.

  4. Abandoning the right to issue coins: The creator relinquishes the right to issue coins when deploying the token, and all coins are issued at the time of creation.

  5. Fair Distribution: Since the creator cannot reserve coins, all coins enter the public market at the time of creation, with no hidden wallets.

  6. High Risk High Reward: The prices of Meme tokens on this platform are highly volatile, with serious PUMP & DUMP phenomena, posing high risks but also potentially yielding high returns.

02, Reasons why the platform is popular across the internet

As interest in online culture and Meme coins has surged, many investors are eager to launch their own tokens, but often lack the technical knowledge required to create a good token. For a long time, the issuance of Meme tokens has been monopolized by institutions with specialized technical expertise and substantial capital, making it difficult for ordinary users to participate.

In addition, the frequent issues of insider trading, rug pulls, and scientists jumping the gun in the Meme market have made the entire market unfriendly to ordinary investors. Recently, the "Meme Presale Fever" model popularized by BOME quickly became a new means of harvesting retail investors just a week later. Most of the presale projects currently on the market have experienced rug pulls. For example, the Avalanche fundraising project Sener raised about 93,000 AVAX(, approximately 4.8 million dollars), after which the founder transferred a large amount of AVAX away, and the project token SENDER only saw a slight increase at launch before entering a full sell-off phase.

The lack of transparency and fairness makes the Meme market full of various risks. However, the hundredfold wealth code keeps investors and the community enthusiastic about Meme coins. To maintain the prosperous development of the market, there is an urgent need for a Meme issue coin platform similar to Birdeye, but with a greater emphasis on fairness. One platform happens to meet the needs of Meme enthusiasts.

In terms of fairness, the platform meets the needs of ordinary investors to enter the market through extremely low issue coin costs, while simplifying the entire issue coin process by productizing Meme, making the issue coin process more open and transparent.

The creator automatically relinquishes the minting rights when deploying the token, which also means that the platform's token will have no nominal project party or administrator, thus avoiding the RUG issues caused by super permissions.

Secondly, the platform also improves fairness by eliminating the creator's intervention in the issue coin process. The liquidity on the platform is artificially created and runs on the joint curve retained by the platform. Once the token is listed on a certain DEX, the liquidity will automatically burn, thereby locking the AMM liquidity. This means that even as a project creator, one cannot prevent this process from proceeding.

In addition, compared to traditional coin issuance platforms, a certain platform not only has a fairer coin issuance model but also combines coin issuance with social attributes, which has become one of its major innovations. When creating a token on this platform, in addition to the token's name, an image and a description are also required, along with a commenting feature. This provides the ability to quickly and intuitively convey the story and style behind it. Furthermore, the platform has set up a message board-like function, allowing users to leave messages and communicate with each other.

Due to its combination of fairness, transparency, and social attributes, the platform has quickly gained popularity across the entire cryptocurrency industry, becoming the most trafficked Memecoin platform in the Solana ecosystem within less than three months of its launch. According to data from the data platform, the total transaction fees on the platform have exceeded $3 million in the past seven days. Notably, the platform set a historical record on May 7, with daily transaction fees exceeding $752,000, making it the highest-earning application in the Solana ecosystem.

The Solana new star ignites a nationwide coin issuance craze, analyzing the fairness and risk points of Pump.fun

03, Fairness and Risk Coexist

The initial concept of the platform was to maintain fairness in the Meme market. As a new project, it has indeed achieved greater fairness and transparency than traditional platforms, but in the crypto industry, it is often the case that where there are higher profits, there are greater risks. Some of the platform's rules have also been exploited by those with ulterior motives, becoming tools for harvesting others.

The platform has lowered the threshold for issuing coins, allowing ordinary investors to participate in the coin issuance market. As a result, the daily issuance amount exceeds 10,000, but the vast majority are junk coins. For investors, it is not easy to find valuable coins with potential among numerous junk coins, as the available reference information is very limited. They can only rely on the project's social information, such as message boards or token information, to judge its quality.

Unfortunately, this social information can be easily forged. Ordinary investors are often more inclined to believe and purchase coins when they see tokens created or followed by some well-known individuals. However, they may not realize that these well-known individuals could be fabricated by others using accounts with a high follower count, creating a false sense of high attention. These individuals buy a large amount of bottom chips in the early stages of the token and then quickly sell out after users are blinded by the false sense of high attention and enter the market. Similarly, some well-known individuals may also leverage their influence to create new tokens and then quickly monetize their influence through extreme price curves, harvesting ( for the purpose of ).

For example, TEST is the first deployed Meme coin on the platform, created by the development team. Early buyers used tools to purchase nearly 50% of the supply, leading to a sharp price increase. However, subsequently, holders sold off en masse, causing a significant price drop for TEST, resulting in many latecomers being harvested. There is also BERT, which increased tenfold within 15 minutes of its launch, but then also experienced severe PUMP&DUMP phenomena that led to a price crash.

The Solana newcomer sparks a nationwide coin issuance craze, interpreting the fairness and risk points of Pump.fun

The fairness of the platform allows every user the opportunity to place bets, but the gambling nature is too strong; users who bet correctly can multiply their investments by hundreds in less than a day, but if they bet incorrectly, they may become targets for being harvested. Compared to Meme issue coin platforms, this platform feels more like a gambling platform, and even professional poker player Tom Dwan has mentioned this platform on social media, implying his interest in its gambling entertainment.

The new star of Solana sparks a nationwide coin issuance frenzy, interpreting the fairness and risk points of Pump.fun

04, The National Coin Issuance Craze

The popularity of a certain platform has also sparked a national craze for issuing coins. In the past two weeks, the Solana network has issued an average of 14,000 new tokens per day, most of which come from this platform. The platform has created 10,000 Meme coins every day for six consecutive days, demonstrating its immense potential in the Meme market. In addition, the Base chain has continuously launched over 2,000 trading pairs for several days. The explosive popularity of one-click issuing coin tools represented by this platform also indicates that the Meme coin track is about to enter a new stage of "national issuing coins." Currently, besides this platform, there are several other relatively popular Meme issuing platforms.

The Solana new star ignites a nationwide coin issuance craze, analyzing the fairness and risk points of Pump.fun

We.rich

We.Rich is a UGA( user-generated asset) platform that allows anyone to launch Meme tokens with no LP( and no liquidity pool) with one click. Based on certain platforms, We.Rich has added more features and optimized the user interface. For example, it keeps the token price extremely low during the initial fair issuance phase and has a limited Mint function. However, We.Rich has shortcomings in asset information, lacking social attributes. Although there is still a significant gap in issuance quantity and active users compared to certain platforms, the emergence of this project adds new competitors to the Meme coin battlefield for the Base chain, which also has a large Meme market.

Rug.fun

Rug.fun is another Meme coin issuance platform on the Base chain, which is somewhat similar in model to a certain platform, allowing anyone to issue coins on it. However, in terms of rules, compared to a certain platform, Rug.fun is more aggressive and has a stronger gambling nature.

The coin issuance rules of Rug.fun are divided into two stages. The first stage is to create tokens; anyone can create tokens within a period of 12 hours. After the deadline, only the top 10 tokens with high liquidity will enter the second stage, while the eliminated tokens will refund the purchase funds. The second stage involves the top 10 tokens.

SOL-1.01%
MEME-3.21%
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BearMarketSagevip
· 08-08 19:20
Why are the suckers so eager to fight among themselves?
View OriginalReply0
AirdropBuffetvip
· 08-08 19:18
I'm numb. There's a new meme every day.
View OriginalReply0
DYORMastervip
· 08-08 19:12
Meme is just for fun; the one who takes it seriously loses.
View OriginalReply0
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