What You Need to Know About Meme Launchpads on Different Blockchains
With the rapid development of the Web3 ecosystem, a large number of highly creative meme projects have emerged in the blockchain space, gradually attracting widespread attention. These meme projects not only showcase the vitality and creativity of the crypto community but also provide new opportunities and ways to play for investors.
However, the rapid rise of meme projects has also brought challenges in selecting high-quality projects and discovering market potential. To address this, major blockchains have launched meme project launchpad platforms. Through this model, they screen, incubate, and support promising meme projects, providing a reliable bridge for developers and investors.
This article will take you on an in-depth exploration of the current popular meme launchpad platforms. Let’s explore this new trend sweeping the blockchain together.
Pump.fun
Introduction:
A one-click token issuance platform on Solana, launched in January 2024, and currently the largest meme coin launch platform. The platform promotes fair meme coin launches through a unique bonding curve pricing model.
Investment:
Qiao Wang (Founder of AllianceDAO)
Popular memes on the platform:
- First meme: $TEST (helped Pump.fun generate over $5 million in revenue, bringing Pump.fun into the community spotlight)
- Most noteworthy meme: $SC (over 100x increase within 5 days of launch)
- $WIF (launched in November 2023; went viral in March this year)
- $SLERF (launched in March, went viral due to mistakenly burning LP tokens)
- $BOME (launched in March, created the legend of being listed on Binance in just 3 days)
- $MOODENG (launched in September, 100x increase in 10 days)
- $GOAT (launched in October, kicked off the AI + Meme trend)
Recent developments:
- On August 9, launched an upgrade: free token issuance; if a token completes its bonding curve process, the creator will receive 0.5 SOL
- Launched the advanced trading terminal pump advanced, and revealed plans to issue a token in the future
- The founder announced an airdrop plan for platform users
- Announced support for issuing tokens via video
Data:
Data shows that Pump.fun’s total fees have reached 137.37m, solidifying its position as the leading meme launchpad. Notably, July and October saw significant activity: in July, due to election discussions, many celebrity-related memes were created, leading to active on-chain trading. Especially after the Trump assassination attempt, tokens like $FIGHT, $FEARNOT, and $SURVIOR appeared, and other related memes also returned to the public eye. Of course, apart from the celebrity effect, the overall market in July was also strong.
October marked the beginning of the AI + Meme narrative boom, with very active on-chain trading.
The explosive popularity of pump.fun has brought traffic to the Solana chain, and the $SOL token continues to rise, with the SOL/ETH exchange rate reaching new highs.
SunPump
Introduction:
A platform on TRON for issuing and trading meme coins, with staking and governance features.
Investment:
TRON
Popular memes on the platform:
- $SUNDOG: The leading meme on the platform. Its market cap once reached $400 million and still has a $200 million market cap. SunPump officially supports and strategically invests in it.
- $SUNWUKONG: The platform’s star coin. It leveraged the hype of the AAA game "Black Myth: Wukong" at launch, attracting significant attention. After TRON founder Justin Sun changed his Twitter avatar to Sun Wukong, the price soared.
Recent developments:
- Announced partnerships with multiple crypto derivatives and cryptocurrency exchanges, including Biconomy, Bitunix, Pionex.com, BitMart, and Huobi HTX, providing fast listing channels for the platform’s meme coins
- Launched an invitation rebate feature on the SunPump Telegram Bot
Data:
The platform’s total trading fees currently stand at 5.39m. The chart shows that when SunPump was launched in August, it attracted significant user attention. Especially with TRON founder Justin Sun publicly endorsing it and multiple crypto exchanges partnering to provide fast listing channels for platform memes, users flocked to SunPump.
As more tokens were launched on SunPump, the number of active addresses on TRON in August reached 1.9 million, while Solana had only 1.09 million active addresses during the same period.
With the boost from SunPump, TRX saw a price rebound in August, reaching about $0.16 on August 21, followed by a slight pullback.
According to Dune data, on August 21, SunPump surpassed the popular Pump.fun in several metrics such as trading volume. However, this momentum did not last long, and as no breakout meme emerged, users returned to pump.fun.
MovePump
Introduction:
The first meme launchpad launched by BlueMove on Sui and Aptos.
Investment:
Victus Capital:
Strategic round financing on October 24, amount undisclosed
Cogitent Ventures
Popular memes on the platform:
- $AAA: The leading token on MovePump, but its current market cap is only about 8m, far behind other platform leaders (not a breakout hit)
- $MovePump: The platform’s first meme, low market cap, about 1m
Recent developments:
- Announced the launch of the MovePump trading bot, with initial features including buying/selling tokens on MovePump and Dexs. A standout feature is Dex Sniping, allowing users to automatically buy tokens immediately after liquidity is added.
- Launched the Snipe MovePump feature, allowing users to snipe new tokens based on developer wallets and token symbols.
Data:
MovePump’s TVL comes entirely from Aptos. Since April, TVL has been declining, with a slight uptick in August, but the overall trend remains downward. The platform has few players and no breakout memes.
Added a Farms module to encourage users to add liquidity for tokens. As of the recorded APY data, the highest APY exceeded 4000%, but its authenticity and sustainability remain to be seen.
Ape express
Introduction:
The first Pump application launched by Apechain
Investment:
Yuga Labs
ApeCoin launched the Ethereum-based L2 ApeChain on October 20 (Apechain is backed by Yuga Labs)
To capitalize on the meme trend, ApeChain quickly launched Ape express
Popular memes on the platform:
- $CURTIS: The leading token on the platform, but its market cap peaked at nearly 30M before stalling
Recent developments:
- Ape Express stated that currently only 2.2% of APE tokens have been bridged to the ApeChain ecosystem, while APE’s market cap is $1.15 billion. About 97.8% of tokens have not yet been bridged to the ApeChain ecosystem
Data:
According to coingecko data, after Ape Express went live on Apechain, the token price rose from $0.7 to a peak of $1.74, a 24-hour increase of over 100%. Currently, due to a sharp pullback in the platform’s popular memes and reduced hype, the price is slowly declining.
According to Blur’s 7-day data, the huge attention brought by Ape Express’s launch led to a significant rebound in the floor prices of Yuga Labs’ NFT collections. Currently, as the hype has subsided, prices have slightly declined.
Ethervista
Introduction:
A decentralized trading platform that supports a 5-day lock-up of initial liquidity provided by pool creators. Ethervista offers smart contract customization, allowing creators to manage fees and integrate various DeFi applications such as staking or auto-buying. The innovation lies in rewarding LPs with ETH for each transaction, reducing sell pressure on tokens. Additionally, token liquidity pools are automatically locked for 5 days by default.
Popular memes on the platform:
- $Vista: The platform token, with a deflationary mechanism. Rose from 0.5 to over $30 at its peak, a 60x surge. The market cap peaked at 30M and has since pulled back. After Vista’s surge, a series of Vista Zoo tokens appeared.
- $VistaDOG: The leading meme on the platform, up over 40x in 4 hours after launch. The market cap peaked at 4M and has pulled back along with Vista’s price.
Recent developments:
- Launched VISTA staking feature
- Released VISTA APPs
Data:
VISTA’s hype has faded, and the price has now fallen back to around $7.
VISTADOG’s market cap has dropped sharply, with little playability. Notably, there is no data on GMGN or Dexscreener, and coingecko data stopped updating on October 4. The project’s Twitter has not been updated recently, so the token may have been delisted.
Degen.express
Introduction:
Degen Express was launched in 2023, providing key launchpad services for meme coins on Sonic (Fantom).
Listing principle: When a token’s total market cap reaches $55,000, $12,000 is immediately deposited into the automated market maker (AMM) for on-chain trading.
Popular memes on the platform:
- $MARI: A meme supported by the platform
Recent developments:
Announced the cessation of operations on Ethereum, Avalanche, and BNB, and will focus on Sonic (Fantom)
Data:
The project team dumped tokens shortly after launch. However, the official Twitter is still promoting it.
Four.meme
Introduction:
The first fair meme coin launch platform on the BSB chain, with no product highlights. Uses CZ’s classic “Four” gesture as its logo and has opened an airdrop points section.
Recent developments:
- Launched a points campaign
Data:
The platform’s overall market cap is low, with the highest only just over 5m.
GraFun
Introduction:
Introduced an innovative Fair Curve model, breaking the limitations of traditional issuance models, reducing price manipulation, and providing a truly fair starting point. Formed a strategic partnership with DWF Labs to further enhance token liquidity on the platform.
Investment:
DWF Labs:
Investment date: September 20
Investment round and amount undisclosed
Recent developments:
- Launched GraFun Labs and partnered with DWF Labs and Floki
Data:
Overall market caps are low. The interface design is better than Four.meme.
According to DWF Ventures data, GraFun has surpassed other meme launch platforms on the BSC chain in multiple metrics such as revenue and unique users.
In summary, each chain’s launchpad under the meme trend has its own highlights, bringing different fun and innovation. Some focus on community support, while others emphasize project incubation. For creators and investors, understanding the differences between these platforms can help choose the most suitable path.
We hope this article can inspire your next decision—perhaps you’ll be the one to spot the next creative meme!
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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