Yesterday I used to launch a funny meme [yes, really]. Of the 48% from the dev wallet: 28% is burned, 10% is locked for a year and 10% is locked for ten years. I don't have any other supply
Some interesting learnings about the memecoin factory from this: pump.fun
Some interesting learnings about the memecoin factory from this: pump.fun
1. Basically everyone expects coins to instantly rug even on . Dev supply is assumed to be at risk of being sold from minute 1
2. Constant coordinated artificial shilling is required to get a coin to critical mass. Coins do not organically formpump.fun
2. Constant coordinated artificial shilling is required to get a coin to critical mass. Coins do not organically formpump.fun
3. Transparency is actually bad. If the dev sells even 1% of supply it would likely kill the coin. Side wallets and bundling are extremely common so that people can manipulate supply
4. Even for "good coins" with controlled supply 80% drawdowns are normal & price swings wildly
4. Even for "good coins" with controlled supply 80% drawdowns are normal & price swings wildly
5. Adding to point 3, even with transparency the assumption is something nefarious is happening. People assume if the coin is going down the dev is doing something bad. Much better off to accumulate on side wallets + push CTO narrative
6. You need a massive support staff to make a memecoin go up. Dev needs moderators 24/7, someone to manage Twitter, people to organize raids
7. KOLs are kind of important for artificially generating exposure, but giving away unvested tokens doesn't really work that well
7. KOLs are kind of important for artificially generating exposure, but giving away unvested tokens doesn't really work that well
8. Coins are at risk of dying at literally any point below $100 million market cap. Above that, it feels like things become more "real" because there's enough virality behind it to push it higher
9. vibes are predominantly, but not entirely price driven. In the last 20 minutes the catholic cat telegram went from a bunch of people telling me I was evil to a bunch of people telling me I was the pope. Another point suggesting CTO is much better than having a figurehead
10. if i had to weight it, memecoin success is about 75% inorganic and 25% organic. Your meme has to be funny to do well, but only because behind the scenes larger accounts are getting distributed supply from side wallets or being told to buy something before a catalyst
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