I just read about it a few days ago. But knowing how trivial it is to create a coin and website it seems easy. I was reading how to setup the uniswap part yesterday. Maybe the hype, influence, marketing part is the juice.
i can put a halt on op's plan, all i have to do is buy some coin it will go no higher... dare me? reading the site lol >>>> I bought $200 worth of troll at the very bottom about a year ago. I’m talking 5 figure market cap. A little less than 2% of the supply. I’m a millionaire now right? Nope. The coin I bought is still the same price. Turns out a newer version is at 200m market cap. Crypto is gonna be the death of me.
The Contract Address is on the OP Solana: 5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2 https://jup.ag/swap?sell=EPjFWdd5Au...=5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2
This is some genius shit right here. I knew ET would make me a squillionaire if I just hung around long enough.
It's all fun and games with memecoins but it's always good to have reasonable price targets, yo troll is a little over $200M market cap, (1 Billion coins) it's going to $1B, who knows when, $1/troll it has not had a proper 50-80% pullback, so that's a risk anyway, 500% from here, not a bad trade for troll, just size the trade position accordingly, take profits early if you want personally, i plan to take some off the table at $500M market cap (50 cents/troll) but it's because I'm already up a lot fartcoin hit $2B market cap, spx6900 hit $2.5B pepe is currently at $5B lots of people saying troll is the next pepe, I agree, that's 2000% move from here for troll
I have a barbell strategy for this phase of the bull market, extreme risk-reward and a value play I have 2 memecoins and 1 L1 altcoin Bitcoin is long term forever hold, the goal is to stack sats and treat bitcoin as a life savings account, iykyk I'm considering a few other defi, the Genius act is causing a hyper growth Eth, Bnb, Sol, Ena, Pendle, Morpho, Maple among others... crypto treasury - eth treasury Tom Lee causing a supply shock, good stuff just random thoughts
Some of these memecoins have embedded transfer fees. So the trader pays the exchange or swap service and the token creator on every transaction. So I can create an interest bearing token (+15%) that also has a transfer fee that wipes that out and a bit more. Market it as high yield easy income.
Yes, those were very common on the Binance Smart Chain memecoins in the last cycle 2021, it's called a "tax" collected as a dev fund for community rewards or marketing or defi/dex incentives to pamp the token like a dao for the coin, however, they ended up as funds for the devs to keep but so far in this cycle, I have not ran across any memecoin in Solana or even Pepe (Ethereum) SPX6900 (multi-chain) that implemented a tax
Do you want one? I thought creating something like clanker was good but there are a bunch already. Raydium has a good ui to create and deploy. Now I think collecting fees is better. With Solana's anchor framework I created escrow service, swap service, AMM liquidity pool, fund raiser, lottery all with fee collection. Just need a UI and get off devnet