The rise of pumpfun as a mainstream coin issuance channel
The emergence of on-chain exchange moonshot
It reflects some important changes in the current cryptocurrency field, especially in the ecology of meme coins and on-chain transactions.
1. Pumpfun gradually becomes a mainstream coin issuance channel
The rise of Pumpfun as a token issuance channel shows a new model, especially in the narrative of combining meme coins and AI. For example, the emergence of GOAT is not just an ordinary token, it integrates resources from all parties, including AI, meme culture, and the participation of mainstream capital and retail investors. The following aspects are particularly worthy of attention:
- Combination of AI and meme narrative: The traditional coin issuance process requires the operation team to create a website, write contracts, etc., but now through tools like pumpfun, the whole process has become more decentralized and fair, lowering the threshold.
- Joint participation of top institutions and retail investors: GOAT has attracted the attention of capital including Wintermute, a16z, etc., as well as the participation of a large number of retail investors, indicating that this model has huge potential. In particular, with the rapid growth of addresses and daily transaction volume reaching hundreds of millions of dollars, the activity and liquidity of tokens on the chain have become very significant.
- The rise of the community effect: More and more new users are focusing on impacting coins at the end of the pump, which shows the influence of this channel and the expansion of its user base.
2. The emergence of moonshot on-chain exchanges
The launch of Moonshot represents a further improvement in the on-chain trading experience, especially in helping new users choose tokens:
- Bot optimization: Although not necessarily revolutionary in terms of technology, Moonshot provides a better buying experience than other platforms (such as Dexx and GMGN) in terms of user experience, helping users choose which coin to buy and how to buy at a good price.
- Changes in user behavior: The biggest pain point for novice users is how to choose meme coins. In the current hot meme coin infrastructure ecosystem, moonshot effectively solves this problem and attracts more users through efficient listing effects.
3. The effect of listing and the case of gnon
The trading volume of Moonshot’s new coin gnon surged after it was launched, from $3 million/24 hours before launch to nearly $50 million, demonstrating its potential in driving on-chain transactions. Similar development patterns of “on-chain Binance” illustrate its influence, and it also reflects users’ strong interest in narrative-driven tokens.
Overall, the popularity of meme infrastructure and the rise of emerging platforms such as pumpfun and moonshot reflect the shift of the cryptocurrency industry from traditional VC-driven to narrative and community-driven. In the future, projects like GOAT may become a new benchmark for the industry, and platforms such as moonshot will continue to shape the trading ecosystem.
