I saw a blogger post a screenshot of 'profits' from a pool-less meme coin, and I didn't expect so many people to believe it. Some even foolishly said it was 'photoshopped'; they are not newcomers anymore, but rather 'smart investors' on the platform. It's a bit disheartening; there are really so many fools.
Let me provide a brief explanation.
This doesn't require 'p', the amount held is determined by the coin price, which is determined by the ratio of issued tokens to mainnet tokens when liquidity is added at the opening. The value ratio of the two is 1:1.
For example, if you issue a token with a total supply of 100, and you add 100u of liquidity while putting all 100 tokens in the pool, then 100u = 100 coins, and the opening price would be 1u. The total opening market value would be 100u; easy to understand, right?
Here's the key: if you only put in 10% of the tokens, the LP composition is 10 coins + 100u, then the opening price of a single coin would be 10u, total market value: coin price 10u × total amount 100 = 1000u market value.
As for the remaining 90% of the tokens, they can be referred to as a 'mouse warehouse'. Theoretically, these 900 coins are worth 900u, but there is only 100u in the pool. If you sell them all without any buy orders, you can only get out 100u.
By analogy, if you issue a token with a total supply of 1 trillion, and when forming the LP, you only put 1 token and 1u in the pool, then the opening price would be 1u, and the total market value of the coins would become 1 trillion. The remaining 99.99%... of the tokens would be in your hands, theoretically worth nearly 1 trillion, but the pool only has 1u of liquidity, so you can only sell out 1u of your tokens worth nearly 1 trillion.
This is not important; what matters is that you are theoretically the 'richest'.
Not enough?
Okay, at this point, you just need to pull up 1u, which can raise the coin price by 4 times (the pool doubles, and the coin price quadruples), and at this point, you would have '40 trillion'!
Simply put, any dog can issue coins, and the total amount and opening price of the coins are also determined by the dog, so the dog can naturally decide how much 'wealth' it has in its wallet.
Additionally, there is no restriction on 'duplicate names' in the crypto world; you can issue a meme coin named btc or eth, put it in a wallet, and still look impressive in front of newcomers or fools.
Many people also use this method to fish, creating fake tokens with the same name and airdropping them to users' wallets to deceive them into granting authorization. Everyone should be cautious.
Previous content was not instructional; its purpose was to raise awareness.