TL;DR
Full Story
Three years in the past we had our minds blown by this video, titled:
“Easy methods to make a cryptocurrency for lower than $2”
…all you wanted to do was purchase some BNB tokens, swap them into sensible chain tokens, copy and paste some code — and BOOM!
You had your individual cryptocurrency.
It was superb to us how accessible the method felt.
These days, that tutorial feels riddled with useless friction, given you could go to pump.fun/create → fill out a 4 half kind (token identify, ticker image, description, picture) → then one-click launch your token.
This low barrier to entry led to — anticipate it — 455,000 new tokens being launched on Solana final month.
Which is a big deal!
Not only for Solana and its holders, however for your complete area.
As a result of whereas coin/token maximalists are sometimes the loudest voices — they really make up a minority of crypto customers.
(E.g. Greater than 80% of Bitcoin holders additionally maintain different cash/tokens).
The latest firehose of memecoins coming from Solana and Base may really feel fickle (and they’re), however memecoins are an enormous onramp for brand spanking new customers.
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They arrive in trying to ‘catch a fast win’
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They not often do (however its softened by the truth that most people don’t make investments various hundred {dollars} into these tokens)
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They regroup and begin to discover extra measured approaches, studying in regards to the main tasks within the course of
It’s bizarre.
…however it works.