Friends who often want to play MemeCoin should know PumpFun, which is a launchpad platform focused on creating and trading MemeCoin on Solana and Blast chains. Anyone can use this platform to easily launch their own MemeCoin at low cost. Of course, you can also directly trade MemeCoin created by other users. The platform uses a binding curve mechanism instead of a traditional order book to determine the token price. As demand increases, the price will rise accordingly, thereby rewarding early investors.
Simply put, PumpFun is not only a platform where anyone can issue tokens, but also a platform where users can trade MemeCoins before tokens are listed on some mainstream decentralized exchanges (such as Raydium). Therefore, participating in such platforms has certain first-mover advantages (buying various MemeCoins earlier), but also faces higher risks (the risk of tokens returning to zero), so such platforms seem to have become an adventure park for MemeCoin enthusiasts.
A few days ago, I found that DEX Screener (one of the most well-known DEX aggregator platforms) suddenly launched a product called Moonshot on its official website (currently mainly supporting the Solana chain). It looks like a copy of PumpFum, and it seems that many people (including many KOLs) have been discussing it on the external network platform in the past two days.
Then I looked at the relevant data again. From the launch of Moonshot to now, in less than 4 days, 13,320 tokens have been created on it. It seems that this product is still quite popular. As shown in the figure below.
So, is it possible that this Moonshot will become the next MemeCoin that can make you rich a hundred times more?
In this issue, let’s take a look at this Moonshot. As shown in the figure below.
From the above interface, we can see that the product is currently divided into 4 columns:
Trending lists the most popular MemeCoins (with relatively high hype) at the moment.
Rising mainly includes the recently launched MemeCoin, which means that these tokens are just beginning to be hyped.
New is where you’ll find the latest MemeCoins. If you want to start from scratch and discover new opportunities, this page should be your best choice.
In Finalized, you can view all the tokens that have been launched, or you can trade directly in Raydium.
In addition, through the introduction on the official website, we can also learn about some unique features of Moonshot, such as:
- Once you have successfully created a token, it will be added to the platform and available for trading.
- The supply of tokens issued in the pool is fixed at 1 billion (no pre-sale).
- Once the market value of the corresponding token reaches 500 SOL (about 67,900 USD), the remaining tokens and liquidity will be automatically migrated to Raydium.
- After the migration is completed, 150-200 million tokens will be automatically destroyed to promote the deflation of tokens.
- All actions are triggered automatically, greatly simplifying the process of launching new tokens.
In general, in addition to providing buyers with basic secure transactions, all tokens in Moonshot also seem to receive special trend recommendations on DEX Screener, making it easier and more efficient for ordinary people to find potential new MemeCoins.
So, how can you better use the Moonshot tool to assist your research?
Next, we will combine some of the on-chain tools that have been introduced in previous articles of Hualihuawai and make a comprehensive review of their usage.
Step 1: Understand the basic situation of the corresponding token
You can find the tokens you are interested in through Trending, Rising, New or Finalized mentioned above according to your own operation preferences, and then enter the details page to view them. As shown in the figure below.
The above picture shows a token I randomly selected on the Trending page. From the K-line, it looks amazing. I don’t know which big shot is just entertaining himself. Therefore, in addition to the pool size and market value, you should focus on and analyze the transaction status, holder status (to ensure that it is not held by a very small number of wallets), and other data. At the same time, check its official website/ Official Twitter(if it is provided in the details page).
Step 2: Check the community activity of the token
Here we mainly check the situation of the corresponding token X platform. We can use the TweetScout tool mentioned in the previous article of Hualihuawai. This tool can help you intuitively view the followers, social scores, etc. of any X account. If you can immediately notice that a well-known person or KOL is following this account, then this is a good sign, and perhaps the corresponding token will generate greater popularity. As shown in the figure below.
As for the X account corresponding to the token, you can find it through the token details page mentioned in the first step, as shown below.
If you cannot see the corresponding official website, Twitter, Telegram and other addresses in the above picture, it means that the token you are interested in does not even have the most basic website and Twitter. You should be cautious when participating in such "three-no products".
Step 3: Further research using on-chain browsers
Copy the contract address of the token in the token details page, and then query it through Solscan (the browser of the Solana chain). As shown in the figure below.
Just focus on checking the Holders and DeFi Activities columns in Solscan. The specific use of Solscan browser has been introduced in previous articles of Hualihuawai, so we will not repeat it here.
For example, we can find the addresses with large holdings in Holders, and then use the CoinStats tool to see the specific holdings of the address. If you can find that this is an excellent MemeCoin trader with a high winning rate, then you can consider whether to follow his trading. If you find that the address only trades a few tokens, it may be an insider wallet. As shown in the figure below.
Step 4: Check the security of the token contract
Although Moonshot has some security monitoring functions by default, we can also use some special security detection tools to do necessary checks just in case, such as RugCheck and solsniffer.
Here we take solsniffer as an example. Simply enter the copied corresponding token contract address into the solsniffer website for search, as shown in the figure below.
If there are many risk items after checking, it is recommended to stay away from the token or participate cautiously. If you find that the corresponding token is worth participating in after a series of relevant research, you can participate in a small amount (it is recommended that the amount of funds invested in MemeCoin does not exceed 1% of the total position). However, due to the high price volatility of MemeCoin, the slippage of tokens in the early stages of trading can be set to 15-20%, and the slippage of trading new tokens can be set to 20-40% to complete fast transactions. Of course, if you do not want to trade through the Moonshot (DEX Screener) platform, you can also directly use TG trading robots (such as BonkBOT, SolTradingBot, Unibot, etc.) to operate.
Here is still a reminder: Although Moonshot is a seemingly practical tool that can help you find the latest MemeCoin more efficiently, never forget that trading MemeCoin is a high-risk operation (it may have high returns or may return to zero at any time). Don't indulge in it. At least 99% of MemeCoin will eventually return to zero. If you are lucky enough to buy some potential tokens, try to take profits (for example, withdraw the principal first after doubling, and you can hold the rest as long as you want). If you are unlucky and lose all the positions allocated to MemeCoin, then don't add positions casually. This may not be suitable for you.
Above we mainly sorted out the transaction steps of tokens. So, how to use Moonshot to launch (create) tokens?
In fact, the process of creating a token is very simple, and you don’t need to know any code. Just click the Launch your token button in the upper right corner of the Moonshot page and fill in some corresponding DIY information to create it. As shown in the figure below.
Then click the Launch token button at the bottom to complete the creation. The creation cost is about 0.02-0.03 SOL. As for whether there are people who buy the tokens you release, it depends on whether your tokens have any attractive features, or you can also consider how to promote and use social media to create topics. But here is another reminder: it is not recommended for users in mainland China to issue tokens. If you just want to experience it or have fun, then you can just play around.
At the end of the article, let's take a look at what other information is worth paying attention to in recent days:
On June 27 , TON officially released the fourth season ecological rankings, selecting 23 winners from four tracks and providing a total of 1.2 million US dollars in rewards. The four tracks are App Battle, Token League, NFT League and DeFi League. Overall, various mini-game projects are still attracting much attention. As shown in the figure below.
On June 27 , it was revealed that the SEC (U.S. Securities and Exchange Commission) may approve the Ethereum spot ETF as early as July 4. As shown in the figure below.
How much impact can the Ethereum spot ETF have after it is passed? If we only look at it from the perspective of liquidity, Bloomberg analysts estimate that Ethereum traffic may be 10% of Bitcoin.
If we combine the trend of Bitcoin and estimate that Bitcoin can reach $100,000 in the fourth quarter of this year or the first quarter of next year (2025), the price of Ethereum will most likely break through the ATH. After that, the prices of Bitcoin and Ethereum may start to fall. Of course, in the longer term, there is still a lot of room for imagination in the future prices of Bitcoin and Ethereum.
On June 26 , BLAST tokens were officially launched, and users have 30 days to claim the first phase of the airdrop.
The total supply of BLAST is 100 billion. 50% will be airdropped to the community, with an initial airdrop of 17 billion. Among them, 7% of the tokens will be allocated to Blast Points users (cross-chain ETH or USDB to Blast to guide initial liquidity on the Blast ecosystem); 7% will be allocated to Blast Gold (users who contribute to Blast's DApps); Blur Foundation will receive 3% of the total BLAST supply to allocate retroactive airdrops and future airdrops to the Blur community.
In addition to the 50% airdropped tokens, another 25.5% will be allocated to core contributors, 16.5% to investors, and 8% to the Blast Foundation, as shown in the figure below.
On June 25 , Solana officially announced the launch of two major features, Blinks and Actions, claiming to connect Solana to the entire Internet. As shown in the figure below.
According to the official website documentation, Blinks is a new primitive that converts on-chain operations into shareable links. Actions is an API that returns Solana transactions, making signing and sending simple.
How to understand these two things? Let’s use a simple sentence to explain: Through the newly launched Blinks and Actions, Solana chain users can now directly transfer funds on Telegram, buy and sell NFTs on X, and stake in Discord without using other DApps, making it possible to expand its use to the entire Internet.
This is the end of our sharing of this issue. This is also the 476th article updated by Hualihuawai. For the data references and image sources involved in the main content, please refer to the corresponding date articles of Hualihuawai Notion version.
Disclaimer: The above content is only a personal point of view and analysis, and is only used for learning records and communication, and does not constitute any investment advice. The encryption field is a high-risk market. In addition to various forms of fraud and pig-killing schemes, many projects also have the risk of returning to zero at any time. Please look at it rationally, improve risk awareness, and do not touch it if you don’t understand it.
