Memecoin has always been a potential segment for users in the cryptocurrency market, not only because it brings a lot of profit but also because it is more convenient to create than before. This mostly comes from platforms like makenow. meme. So what is makenow. meme ? Let's find out with Coin68 through the article below.
What is meme ? How to generate memecoin using meme
meme what is it?
meme is a platform that allows anyone to create their own memecoins through X. Although it was launched on July 10, 2024, meme only gained attention after a post testing the platform's features by Alex Svanevik , CEO of Nansen .
One important aspect that users need to keep in mind when using makenow. meme is that although this platform greatly supports making memecoins more accessible to the community. However, it will have to trade off that users will not be able to get bottom-tier Token. Besides, makenow. meme also supports users in buying Token early with a certain purchase rate.
Just like pump.fun , meme will use the Bonding Curve mechanism to create certain effects on the price as well as create user protection measures. However, the details of meme 's algorithm have not been specifically announced by the project.
Although they have many similarities in purpose and operation, pump.fun and makenow. meme still have many differences that make them both unique. Unlike pump.fun, makenow. meme always ensures that the community will be the first to know about the Token and no one else but the creator can buy the Token in advance. However, they also have a common weakness, which is that Token can be bought early by bots, affecting the interests of other users.
Makenow. X-Locked Meme and the CTO Token Incident
On the afternoon of August 2, 2024, the meme account was suddenly temporarily locked due to violating the terms of use. At that time, listed Token could still be traded normally but new Token could not be listed. After only 1 hour of work, the meme account was reopened and users could continue to "Tweet-to- Mint" new memecoins normally.
In addition to the information being temporarily locked, makenow. meme also "accidentally" got involved in an unfortunate incident related to the continuous Mint of new Token . Specifically, for a Token to be traded on Raydium , liquidation must also be added. The problem would not have occurred if the Token just created by Raydium was a CTO that did not have the same name as a memecoin that had been Mint previously through makenow. meme. At that time, users could not distinguish between real CTOs and fake CTOs , which led to a series of investors "chasing the peak".
How to create memecoin using makenow. meme
- Step 1: Go to x.com and follow the account @makenowmeme.
- Step 2: Create a tweet with the $ sign at the beginning next to the Token name that the user wants.
- Step 3: Write a short description for the user's Token , add @makenowmeme and attach an image of your choice. After about 1 minute, the user's memecoin will be initialized on Solana and makenow's X account. meme will respond to the tweet with a transaction link.
Summary
Above is all the information about makenow. meme and the features that the platform is bringing to the market. Through the article, Coin68 hopes to give users an overview of makenow. meme as well as the potential of this platform in the future.
Note: Coin68 is not responsible for any of your investment decisions. Wish you success and earn lots of profit from this potential market!
