Fuel Network Announces Launch of Native Token FUEL and Opens Genesis Airdrop Application

Whenever you think the market is dull, there’s always a new golden dog that catches your eye.

This morning at 9:00, a new AI Agent token called $AGIXT appeared, and in less than two short hours, its market cap quickly reached $80 million; even more exaggerated is that the trading volume during this period reached $96 million, showing a long-lost market activity.

AGIXT token price chart showing rapid increase

While everyone was slow to react, in contrast, within half an hour of the token launch, on-chain data showed that a large amount of smart money quickly bought AGIXT, and there was no shortage of whales with single transactions exceeding 50 SOL.
AGIXT token onchain data showing large transactions

What exactly is this AGIXT, and how is it different from other AI Agent tokens? We took a look at its Github and more introductions to give you a quick understanding of AGIXT.

2700 Stars, an AI Automation Framework
Sometimes, people don’t really care about the technical details of an AI Agent token. What they care about is whether there are any clues that make the project “look good”.

With this mindset, the number of stars on Github has gradually become a marketing point for AI Agent tokens — the more stars, the more developer recognition, and the more it highlights the project’s technical influence and strength.

Browsing the AGIXT code repository, you can find that the project has more than 2,700 stars, which is indeed better than a project that relies on empty stories and randomly creates a Github repository.

More importantly, these stars weren’t recently acquired.

As you can see from the Star History below, the project was launched early last year, and since July 2023, the number of GitHub stars has shown a steady upward trend.

If it was just for show, the layout would be too long, even earlier than when the whole AI Agent narrative started. Therefore, it is more like an off-circle project that has been working all along, trying to tokenize in this wave of enthusiasm and then be discovered for its value.

AGIXT Github star history showing steady growth

But what exactly does this AGIXT do?

According to the official description of the code repository, AGIXT is essentially an AI automation platform, simply put, it is a tool that allows AI to automatically complete more complex tasks. Its biggest feature is that it can call multiple AI models (such as OpenAI, Claude, etc.) to work together , just like equipping you with a team of AI assistants.

This sounds more like something for developers, but what can you do with this platform?

For end users, you can make natural language requests to tools built with the platform’s API and get actionable results. In layman’s terms, you can use normal language to have a conversation with AI and get answers in different task scenarios.

This sounds similar to what the current popular frameworks do, but this project has several attractive highlights:

Multitasking capabilities: It can not only handle simple conversations, but also automatically plan task steps, search for information online, execute commands, and even interact through voice —— it can be understood as a super-enhanced version of ChatGPT.
Good memory: The platform has a built-in intelligent memory system that allows AI to maintain the context of long-term conversations like humans, without “forgetting”.
Highly scalable: With the plugin system, developers can easily add new features to AGIXT.
Comprehensive compatibility: It supports current mainstream AI models, including OpenAI, Hugging Face, etc., and users can freely switch between different AI services according to their needs.
From a technical point of view, AGIXT’s design is quite complete, not only providing a Docker quick deployment solution, but also equipped with an API interface for other applications to call. This means that it can not only run independently, but also be easily integrated into other systems.

In addition, the project update frequency is also very online, with updates every month in the past year, unlike a token with only an empty shell.

AGIXT Github commit history showing frequent updates

From a narrative perspective, this is more like a framework or platform project. It is not a standalone application itself, and other projects can use its capabilities to make more AI Agents.

However, the actual effect of the Agent made with AGIXT needs to be tested with more use cases; it can only be said that the existing information presented by the project Github is not bad.

AGIXT architecture diagram

Not a Crypto Developer, but Focused on AGI Open Source Contribution
Associated information shows that the developer of the AGIXT project is @Josh_XT, who is passionate about continuous contribution to the AI open source field and submitted 8,000 code contributions on Github last year.

Some netizens said (unconfirmed news) that the dev’s contribution can be ranked in the top 2% of all developers on Github.

Josh_XT's Github profile

Three hours ago, Josh said in a tweet that he “hasn’t really set foot in the cryptocurrency field yet”, but believes that encryption does provide a lot of good support for the open source community.

At the same time, Josh also started trying to lock AGIXT tokens.

Public data shows that he is using Streamflow Finance to lock 5% (about 22.5M tokens) of the total 450M AGIXT tokens for a linear release period of two years, starting from January 16, 2025, with automatic unlocking every two weeks until the end of January 28, 2027.

AGIXT token lockup details

For more introduction of the project team, please click here.

More Data Worth Noting
With seemingly good technology and a strong developer, AGIXT appears to be a bit “solid” among a bunch of playful projects.

But is this a reason to FOMO? Here is a summary of various information, you may wish to look at more data before making a decision.

Early KOLs are dumping
When the market value of AGIXT quickly rose to more than 50M, it can be found that there are more and more discussions on social media; but at the same time, some sharp-eyed netizens have found through data monitoring websites that some early KOLs are gradually selling to lock in profits.

AGIXT token onchain data showing selling activity

Lockup questionable
Some tweeters also pointed out that although the developers are locking tokens, since the cliff is set to 0, it means that the developers can start getting unlocked tokens from day one, and there is no mandatory initial lockup period to protect investors.

This is a risk signal, worrying that developers may use this setting for improper operations, and warning that a price crash may occur.

tweet discussing AGIXT token lockup

Top holdings are too concentrated
Through the “chip analysis” function that comes with GMGN, you can see that the address HNFC…Sf4G holds 42.83% of the tokens.

According to the total value of $2.2M shown in the figure, this address holds about 71.65M tokens. It can be seen that the token distribution is very concentrated. The largest holder occupies nearly half of the total tokens, and the top few holding addresses together control more than 50% of the tokens.

AGIXT token distribution chart

However, the concentration of chips does not necessarily mean a crash, it may just mean that the price influence of the top holders will increase. It is also necessary to see whether the top holders have locked their positions or split their positions.

Overall, AGIXT is an AI framework with solid code and a strong developer, but within 3 hours of the token launch, the public information that can be seen is limited to this.

Whether it is a one-day golden dog or a rising star, the answer may only be seen after fierce PVP games and more information is released.

The Pump.fun Bonding Curve Math Formula: A Simplified Explanation

Unlike traditional bonding curves that use complex continuous functions, Pump.fun utilizes a simplified linear model. The core principle remains the same: the price of a token is directly related to its supply, but in a more straightforward manner.

Here’s a breakdown of the key elements in the Pump.fun bonding curve math formula, in a simplified form:

  • Fixed Price Tiers: Pump.fun divides the bonding curve into discrete price tiers, or “buckets.” Each tier has a fixed price and a predetermined number of tokens that can be bought or sold at that price.
  • Price and Supply: When you deploy a token on Pump.fun, you need to deposit an initial amount of SOL into the bonding curve smart contract. This initial deposit determines the starting price and the initial supply of the token.
  • Buying and Selling: Each buy increases the price to the next tier. Each sell decreases the price to the previous tier.
  • Formula in General: Price of token = f(amount of reserve, formula). The amount of reserve changes along with the buy and sell of the token, and the formula is defined when deploying the token.

Pump.fun Bonding Curve Math Example: Let’s Get Practical

Let’s illustrate the Pump.fun bonding curve math with a concrete example:

  1. Deployment: A meme coin developer deploys a new token on Pump.fun, depositing 1.2 SOL into the bonding curve. The bonding curve is configured with an initial price of 0.01 SOL per token.
  2. Initial Purchase: A user buys 10 tokens. They pay 0.1 SOL (10 tokens * 0.01 SOL/token). The price moves up to the next tier, let’s say 0.011 SOL per token.
  3. Second Purchase: Another user buys 20 tokens. They pay 0.22 SOL (20 tokens * 0.011 SOL/token). The price moves up to the next tier, 0.012 SOL per token.
  4. Sell: The first user decides to sell 5 of their tokens. They receive the current price for each tier they sell into, generating a small profit (minus fees). The price drops down a tier.

Pump.fun Bonding Curve Math Calculator: A Helpful Tool (Currently Unavailable)

While a dedicated Pump.fun bonding curve math calculator would be incredibly useful for projecting potential profits and losses, there isn’t an official one readily available. However, users can still perform calculations manually by:

  1. Knowing the Bonding Curve Parameters: Obtain the initial price, the price increment per tier, and the number of tokens per tier.
  2. Tracking the Current Tier: Monitor the current price tier on the Pump.fun interface.
  3. Manual Calculation: Use a spreadsheet or a simple calculator to simulate buy/sell scenarios and estimate price movements based on the bonding curve parameters.

The Pump.fun Bonding Curve Math Formula: A Simplified Explanation

The Implications of Pump.fun’s Bonding Curve Model

  • Early Advantage: Early buyers often benefit the most as they enter at lower price tiers and can ride the upward price momentum.
  • Volatility: Price can fluctuate rapidly as users buy and sell, especially with the hype surrounding meme coins.
  • Liquidity: Once a token reaches a certain threshold on its bonding curve, it becomes eligible to be listed on the Raydium decentralized exchange. This provides an exit ramp (or an entry point for new users), but it also decouples the token from the Pump.fun bonding curve mechanics. Then the price will depend on market supply and demand.

Conclusion: Understanding the Math is Key

Pump.fun bonding curve math is relatively straightforward, but it’s essential to grasp the underlying mechanics to assess the risks and potential rewards. While the platform has democratized meme coin creation and trading, it’s still a highly speculative environment. Remember to do your research, understand the bonding curve parameters of any token you consider, and only invest what you can afford to lose. By understanding the math, you can make more informed decisions in the exciting, yet volatile, world of Pump.fun.

Bonding Meme Coins: Riding the Curve to Potential Riches (and Risks)

The world of cryptocurrency never ceases to amaze, constantly churning out new trends that capture the attention of investors and degens alike. The latest craze? Bonding meme coins. These tokens, powered by a unique economic model called a bonding curve, promise a dynamic and potentially lucrative investment opportunity, but they also come with inherent risks that require careful consideration.

This article will dive deep into the world of bonding meme coins, exploring what they are, how they work, and what you need to know before jumping on the bandwagon.

What is a Bonding Curve in Crypto? Understanding the Core Mechanism

Before we get into bonding meme coins, let’s understand the fundamental concept of a bonding curve. In simple terms, a bonding curve is a mathematical formula implemented through a bonding curve smart contract that defines the relationship between a token’s price and its supply.

bonding curve

Here’s how it works:

  • Token Price is Dynamic: Unlike traditional tokens where price is determined by market forces on exchanges, the bonding curve token price is algorithmically determined.
  • Buy and Sell Directly: Users interact directly with the bonding curve smart contract to buy and sell tokens.
  • Price Increases with Purchase: When you buy tokens, you mint them from the smart contract, increasing the supply and consequently pushing the price up along the curve.
  • Price Decreases with Sale: When you sell tokens back to the contract, they are burned, decreasing the supply and causing the price to drop along the curve.
  • The formula within the contract define the price of the token, for example, 1 token = x collateral, x is the amount of reserve. The bonding curve progression meaning that the price is determined by the formula and the amount of reserve (or supply, as the formula indicates)

Bonding Curve Solidity: Building the Foundation

Solidity is the programming language most commonly used to create smart contracts on the Ethereum blockchain (and EVM-compatible chains). Developers use Solidity to code the logic of the bonding curve, defining the mathematical formula that governs the token’s price and supply relationship. This code is then deployed as a bonding curve smart contract.

(Insert an image here showing a snippet of Solidity code for a simple bonding curve. You can find examples online, for instance, at https://github.com/lsaether/bonding-curves. Ensure you choose a simple and illustrative example.)

Bonding Curve Solana: Expanding Beyond Ethereum

While Ethereum was the initial birthplace of bonding curves, other blockchains are now embracing this model. Bonding curve Solana implementations are gaining traction due to Solana’s high throughput and low transaction fees. This makes Solana an attractive alternative for developers looking to deploy bonding curve tokens, especially for high-frequency trading scenarios common with meme coins.

Bonding Meme Coin: Adding the Hype Factor

Now, let’s add the “meme” element to the equation. Bonding meme coins are essentially tokens that leverage the bonding curve model but are also infused with the virality and community-driven nature of meme coins. Think of it as combining the innovative economics of bonding curves with the speculative frenzy of meme coins like Dogecoin or Shiba Inu.

Bonding Meme Coin Price: A Wild Ride

The bonding meme coin price is particularly volatile due to the combination of the bonding curve’s algorithmic price adjustments and the unpredictable nature of meme coin communities. Early adopters can potentially see significant gains as the price rises rapidly along the curve with increased demand. However, the opposite is also true: a sell-off can lead to a sharp price drop.

Bonding Meme Coin Reddit: The Community Hub

Like many crypto projects, bonding meme coin Reddit communities are often the central hubs for discussion, speculation, and updates. These subreddits are where potential investors can gauge community sentiment, learn about new projects, and participate in the meme coin culture. The social media channel X (Twitter) is also a place to find the latest trend. For example, there was a thread talking about the pump fun bonding curve, from @psyriiis.

bonding meme coin Reddit

The Risks and Rewards

Bonding curve progression meaning you could profit a lot or lose a lot. Bonding meme coins present a unique investment opportunity, but it’s crucial to acknowledge the risks:

  • Volatility: The algorithmic price adjustments can lead to extreme price swings.
  • Rug Pulls: Malicious developers can manipulate the bonding curve or abandon the project, leaving investors with worthless tokens.
  • Speculative Nature: The meme coin aspect adds another layer of speculation, making it difficult to predict long-term value.

Conclusion: Proceed with Caution and DYOR

Bonding meme coins are an exciting development in the crypto space, offering a novel approach to tokenomics and community engagement. They could be highly profitable, or lose all your money. However, they are inherently risky. Before investing, do your own research (DYOR), understand the mechanics of bonding curves, and only invest what you can afford to lose. The world of bonding meme coins is a wild ride – buckle up, but be prepared for anything.

Major Alert: Hacker Steals 143.45 ETH Worth Around $460,895 Through Transaction Simulation Spoofing

In a recent cybersecurity incident, a victim lost 143.45 ETH, valued at approximately $460,895, one day ago due to a sophisticated phishing attack known as transaction simulation spoofing. This attack exploited the delay between transaction simulation in modern Web3 wallets and its actual execution, allowing attackers to manipulate on-chain states immediately after transaction submission.

Details:

Scam Sniffer | Web3 Anti-Scam (
@realScamSniffer
) posted a thread on X, detailing how these attacks operate. Attackers create phishing sites that trick victims into initiating a fake “Claim” ETH transfer. The wallet simulates receiving a tiny amount of ETH (0.000…0001 ETH), but in reality, the transaction modifies the contract state in the backend, leading to the wallet being completely drained.

Web3 Anti-Scam

According to Scam Sniffer’s recommendations, users should double-check transaction details, verify contract interactions, be cautious of “free claim” offers, and only use trusted decentralized applications (dApps) to avoid such attacks. To enhance wallet security, suggestions include dynamic refresh based on block time, forcing a simulation refresh before signing, showing simulation timestamps, integrating phishing contract blocklists, and alerting for outdated simulation results.

Web3 Anti-Scam

This type of attack represents an advanced evolution in phishing strategies, underlining the necessity for vigilance and verification through multiple sources when dealing with blockchain transactions.

Web3 Anti-Scam

A victim recently lost 143.45 ETH, valued at approximately $460,895, due to a sophisticated phishing attack known as transaction simulation spoofing.

This attack exploits the delay between the simulation of a transaction in modern Web3 wallets and its actual execution, allowing attackers to manipulate on-chain states post-submission.

The phishing site involved initiated a fake “Claim” ETH transfer, leading the victim’s wallet to simulate receiving a minuscule amount of ETH before the actual transaction drained the wallet.
Security experts recommend users to double-check transaction details, verify contract interactions, be wary of “free claim” offers, and use only trusted decentralized applications (dApps) to protect against such attacks.

Web3 Anti-Scam

To enhance wallet security, suggestions include implementing dynamic refresh based on block time, forcing simulation refresh before signing, displaying simulation timestamps, integrating phishing contract blocklists, and alerting for outdated simulation results.

Web3 Anti-Scam

This type of attack represents an advanced evolution in phishing strategies, highlighting the need for vigilance and verification through multiple sources when dealing with blockchain transactions.

From CEX to On-Chain: A Beginner’s Guide to Trading Memecoins

Introduction

Welcome to our comprehensive guide designed to help you transition from centralized exchange (CEX) trading to the exciting world of on-chain memecoin trading. This guide draws insights from experienced traders like @0xcryptowizard on X and provides beginners with essential steps, strategies, and risk management techniques needed to navigate this dynamic landscape.

Why Learn On-Chain Trading?

The cryptocurrency market often exhibits a barbell structure, with established assets like Bitcoin (BTC) and Solana (SOL) at one end, and a long tail of memecoins at the other, offering significant wealth-generating opportunities. Mid-tier altcoins, due to their “dump-on-listing” nature, often prove more challenging to trade profitably. Engaging in on-chain trading offers several advantages:

  • Explosive Growth Potential: On platforms like Solana, “golden dog” projects can emerge weekly, experiencing rapid price appreciation. On-chain assets can have the potential to reach a ceiling of 1 Billion, therefore creating a long term investment oppotunity.
  • Exposure to New Trends: From the DeFi summer to the rise of AI agents, on-chain activity introduces new wealth effects and trends. Staying ahead of these trends is crucial for maintaining a competitive edge in the market.

Can On-Chain Trading Really Make You Rich?

While numerous stories of overnight fortunes circulate, the risks associated with on-chain trading are substantial. Success typically requires:

  • Significant Time Investment: Dedicate ample time to learning and understanding market dynamics.
  • Gradual Progression: Start with small capital to experiment and learn, gradually increasing investment as you gain experience and confidence.
  • Risk Awareness: Only increase your investment after thoroughly understanding the inherent risks.

Getting Started with On-Chain Trading on Solana

Here’s a step-by-step guide to begin your on-chain trading journey within the Solana ecosystem:

  1. Setup: It’s recommended to use a computer for on-chain trading. The complexity and volume of information involved, including on-chain data, community sentiment, and trending assets, far exceed what’s typically analyzed in CEX trading.
  2. Wallet Setup: For Solana, the Phantom wallet is highly recommended. Install the Phantom wallet extension on your Chrome browser. Crucially, safeguard your seed phrase – it’s the key to your assets.

From CEX to On-Chain: A Beginner's Guide to Trading Memecoins

  1. Fund Your Wallet: Transfer SOL from a centralized exchange (CEX) to your Phantom wallet address.
  2. Finding trade targets: use a platform like Gmgnai to analyze the tokens and trade them. Be careful of scam links.
  3. Execute Your First Trade: Let’s use WIF as an example:
  • Buying: Set your slippage to 0.5% (or higher during periods of high volatility). Enter the amount of SOL you want to spend (e.g., 0.1 SOL) and click “Buy.”
  • Selling: Select 100% of your holdings and click “Sell.”

Key Concepts in On-Chain Trading

  • Community Engagement: Participate in community activities on platforms like Telegram, such as “shilling” to boost a token’s visibility.
  • Trending Tokens (Hot Tokens): Identify tokens that are experiencing rapid price increases due to events or endorsements, such as Pnut, which benefited from a mention by Elon Musk.
  • Slippage: Understand the price difference you’re willing to accept during a trade. Adjust your slippage settings based on market conditions.
  • MEV and Sandwich Attacks: Learn about Miner Extractable Value (MEV) and how to protect yourself from sandwich attacks by setting appropriate slippage and using trading platforms with MEV protection features.
  • AMM Pools and LPs: Familiarize yourself with how Automated Market Maker (AMM) pools function. Your trades are executed against these liquidity pools, not directly with other traders.
  • Rugpulls and Honeypots: Recognize the signs of a rugpull (liquidity drain) and avoid honeypots (tokens that can only be bought, not sold).
  • Internal vs. External Markets: Understand the distinction between new tokens created on platforms like Pump.fun (internal market) and those that successfully migrate to decentralized exchanges like Raydium for broader trading (external market).

Finding Promising Tokens

To discover potentially profitable tokens:

  • Social Media Monitoring: Scour social media platforms like X and Telegram for real-time information and insights. “Follow the chatter” to identify trending tokens.
  • Wallet Tracking: Monitor the wallet addresses of successful traders to see what they’re investing in. Use tools to track smart money movements.
  • Long-Term Observation: Keep an eye on tokens with steadily growing communities and trading volume. For tokens that have experienced a significant pullback after a pump, consider gradually accumulating a position.

Conclusion

This guide provides a comprehensive introduction to transitioning from CEX trading to the world of on-chain memecoin trading. While the potential for significant gains exists, it’s crucial to approach this space with caution, diligence, and a commitment to continuous learning. Stay tuned for our advanced guides, where we’ll delve deeper into advanced strategies and risk management techniques.

How Long Does It Take for a Token to be Listed on Raydium from Pump.Fun?

The journey from token creation on Pump.Fun to listing on Raydium is a topic of much interest among crypto enthusiasts, particularly those interested in the fast-paced world of meme coins. Here’s a detailed look based on insights from posts on X (formerly Twitter):

The Process

Token Creation on Pump.Fun:

Pump.Fun allows users to create tokens for a minimal fee (0.02 SOL at the time of writing). Once created, these tokens are traded on a bonding curve within the platform.

Bonding Curve to Market Cap:

A token must achieve a market cap of $69,000 to be eligible for listing on Raydium. The time to reach this milestone can vary significantly, depending on several factors:
Market Sentiment: High interest in a particular meme or concept can drive demand, potentially speeding up the process.
Promotion: Effective marketing and community support can influence how quickly the token’s market cap grows.
Tokenomics: The design of the token, including its bonding curve parameters, can affect its attractiveness to traders.

Listing on Raydium:

Once the market cap threshold is met, Pump.Fun automatically provides liquidity to Raydium, burning $12,000 worth of tokens to ensure there’s initial liquidity and to potentially increase the token’s value through reduced supply.

Timeframe Based on X Insights

General Observations:

Posts on X have highlighted that the path from Pump.Fun to Raydium is not uniform. Some tokens can achieve this in mere hours, while others might take days or fail to reach the threshold at all.

Recent Data:

According to posts on X, in a 24-hour period, out of thousands of tokens launched on Pump.Fun, only a small percentage (ranging from 0.12% to 1.43% in various instances) make it to Raydium. This reflects the high failure rate of meme coins on this platform.

Bonding Time:

Specific statistics shared on X indicate that over recent days, tokens took an average of a few hours to bond to Raydium, with some completing the process in less than an hour, while others might take up to a day.

Post-Listing Challenges:

Another point raised on X is the caution against buying tokens immediately after they bond to Raydium. Early buyers might face significant sell-offs from those who invested at lower prices on Pump.Fun, potentially leading to immediate price drops.

Factors Influencing Speed

Market Conditions: Bullish markets can accelerate the process as more people are willing to invest in new tokens.
Community Engagement: Strong community support can make or break a token’s success in reaching Raydium.
Token Design: Whether the token has a compelling narrative or meme behind it can significantly influence its trajectory.

Conclusion

The timeline for a token to go from Pump.Fun to Raydium can range from hours to days, but it’s largely unpredictable due to the speculative and volatile nature of meme coins. While some tokens might achieve this transition swiftly due to viral community backing or timely market conditions, many do not succeed. The process is more akin to a lottery, where timing, luck, and community play significant roles. Potential investors are often advised to exercise patience, do thorough research, and be wary of immediate post-listing sell-offs that could occur.

This analysis is based on the shared experiences and observations from the X community, reflecting the dynamic and sometimes chaotic nature of the Pump.Fun to Raydium journey. Remember, these insights are based on posts found on X and should be treated with caution due to the inherent volatility and speculative nature of the cryptocurrency market.

How to create a memecoin on Pump.fun, benefits of using bonding curves, what is a fair launch in crypto, how does Pump.fun prevent rug pulls

How Does Pump.fun Work? A Deep Dive into its Innovative Mechanics

Pump.fun has rapidly gained popularity in the cryptocurrency space by offering a streamlined and secure platform for memecoin creation and trading. But how does it actually work behind the scenes? Let’s explore the mechanics that make Pump.fun a game-changer in the world of decentralized finance (DeFi).

Simplifying Memecoin Creation for Everyone

At its core, Pump.fun’s mission is to democratize memecoin creation. It achieves this by abstracting away the complex technical hurdles typically associated with launching a cryptocurrency. Users are greeted with a clean, intuitive interface that simplifies the entire process. Forget complicated code and intricate smart contracts; Pump.fun makes creating a memecoin as easy as filling out a few fields, as seen on its simple interface:

Pump.fun's user-friendly token creation interface

The Power of Fair Launches and Bonding Curves

Pump.fun is built on the principle of fair launches. Unlike traditional token launches that often involve pre-sales or private allocations, giving early investors an unfair advantage, Pump.fun ensures everyone has an equal opportunity. All participants acquire tokens at the same price, determined by the platform’s innovative use of bonding curves.

What are Bonding Curves and Why are They Important?

A bonding curve is a mathematical concept that defines a relationship between a token’s price and its supply. On Pump.fun, each memecoin is tied to a unique bonding curve. This curve automatically adjusts the token’s price based on buying and selling activity:

  • Buying Pressure: When users buy a token, they move along the curve, increasing the price.
  • Selling Pressure: Conversely, when users sell, they move down the curve, decreasing the price.

This dynamic pricing mechanism is crucial for several reasons:

  • Transparency: The price is determined algorithmically and publicly visible on the curve.
  • Liquidity: The bonding curve itself acts as the liquidity pool, eliminating the need for creators to manage it separately.
  • Rug Pull Mitigation: Since creators don’t control a separate liquidity pool, they can’t drain it and abscond with investor funds, a common scam known as a “rug pull.”

The Road to Raydium: Automated DEX Listing and Liquidity Burning

Pump.fun’s commitment to a secure and thriving memecoin ecosystem extends beyond the bonding curve. A key milestone for any token launched on the platform is reaching a market capitalization of $69,000. This triggers a significant event:

  • Automated Liquidity Deposit: Once the $69,000 threshold is met, Pump.fun automatically deposits $12,000 worth of SOL liquidity, along with a corresponding amount of the memecoin, onto Raydium, a leading decentralized exchange (DEX) on the Solana blockchain.
  • Liquidity Burning: To further solidify the token’s presence on Raydium and prevent any manipulation, the liquidity provider (LP) tokens received from this deposit are permanently burned. This effectively locks the liquidity on Raydium, ensuring it cannot be removed.
  • Creator Incentive: The creator of the memecoin is also rewarded with 0.5 SOL when this milestone is hit, a small incentive to reward them for building a successful project on the platform.

Why is this important? This automated process transitions the memecoin from Pump.fun’s bonding curve environment to a broader, more established trading venue (Raydium). It provides increased liquidity, visibility, and legitimacy for the token. The burning of LP tokens removes any lingering concerns about the creator’s ability to manipulate the liquidity pool. This method is also designed to manage token supply and potentially bump up the memecoin’s price as a reward for hitting this milestone.

In Summary: A Secure and Transparent Ecosystem

Pump.fun’s innovative use of bonding curves, fair launches, and automated DEX listing creates a more secure, transparent, and user-friendly environment for memecoin creation and trading. By removing technical barriers and mitigating common risks, Pump.fun empowers a wider range of users to participate in the exciting, albeit volatile, world of memecoins.

What is Pump and How to Play Pump?

Author: @minolaugodel

Pump is the world’s highest-gaining lottery platform, as well as a potential e-sports and entertainment platform.

This is my summary of Pump.

Taking my own case with Morty as an example, I bought 0.1%, with a heavy position of 75,000u, when the share was high, it was worth 45,000u.

So theoretically, I am a high-position 0.1545wu!

Not really, because I was the first to buy, the actual cost is very small, which is about 1u for handling fees plus gas, so the real position is about 4.5.

Is it all because I bought quickly? No, this project has also been launched for a month, and no one has bought it all the time.

In fact, if you understand it as a lottery platform, you can understand it.

In the previous crypto world, speculating on coins was similar to speculating on stocks, while Pump has become a lottery, it is possible to be honest with more than 10 times the gains.

Because one gas fee is not enough, but on sol, buying projects on pump may require 100m.

Pump releases tens of thousands of coins every day, there will always be more than 10mm, and there will be several m, what is this if not a mechanism?

Why do most people lose money on Pump? This is because they have not understood the mechanism of Pump.

The mechanism of Pump determines that the market value of the above projects has a lower limit. Currently, it is roughly around 6-7000u. As long as you buy cheaply, your total investment is controllable. For example, if you buy at 9000u, theoretically you can still sell more than 70% of the funds.

Then in the case of investing 0.1%, your real cost is 0.035, and if you buy at 7000u, you can reduce the cost to 1 like me.

Of course, as long as you win the lottery, there is no difference between 7000u and 9000u.

So how can you increase the winning rate?

This requires mentioning a concept, which is the source of information flow of funds.

In the meme market, because the market value is extremely low, a little bit of information flow may bring very high efficiency.

The day chiliguy moonshot, chiliguy chose 10 times, I bought all of the dev’s projects at that time, only 180 of them. So I bought them.

I believe that more than just me will go to dev, other newly issued coins, there will also be people who see interesting projects among them, and then start to promote them.

I don’t know who he is, which project he will promote, so I bought them all.

Even the military discipline list was bought, he really released a project, the picture is just a pile of shit.

Then, the group started the daily lottery life.

The global lottery market, I estimate is more than 100 billion US dollars, I have not researched the specific amount, it is not important.

The important thing is that if everyone can realize that there can be thousands or tens of thousands of times the possibility on pump, then everyone will rush in.

Maybe it will eventually be a platform success, but it does not affect the establishment of a new track.

Only meme can change people’s destiny, can you use 10wu of btc to change your ordinary life?

Meme resources may become entertainment platforms, e-commerce platforms, better than previous live broadcasts, because there is no rest or pause. But this is just a beginning, the future may be very popular, but these things have not happened, we will not make predictions for the time being, just keep this possibility.

The winning rate of Chinese lotteries is about 50%, I estimate that foreign countries will not exceed 80%, because the operating cost of lottery companies is also very high, only pumpfun can achieve nearly 100%, as long as you buy cheaply, calculated in sol, it can probably reach 95%, if it also issues platform coins, has airdrops, and the return rate exceeds 100% is also possible.

It is not impossible for financial markets to have products with a return rate of more than 100%, but time is possible, which is also the source of income.

In the future, I will write an article to introduce the three core concepts of finance, namely winning rate, odds, and cost difference.

Roughly corresponding to the average value, extreme value, and variance in mathematics.

Generally speaking, the smaller the cost difference, the easier it is to pump, so the time with the largest trading volume is often the low point of market reversal, at this time we should pay attention to the cost difference, during CD, everyone’s cost and difference are relatively small, it is easy to widen the gap, and in the bull market, different rounds can differ by tens or hundreds of times, when taking over.

The PUMP model is excellent in terms of winning rate and popularity, showing serious pvp, but as long as you insist on only buying low-cost projects, you won’t lose much money, the return can be maintained above 90%, if you happen to buy the right one, you will earn a lot. This is the limit multiple.

There is no way to deal with the cost difference, because with such a small market value, buying a little bit will raise the price, which is destined to have inconsistent costs.

This translation aims for accuracy and clarity. Some terms like “pump” and “meme” are kept as they are commonly used in the crypto community.

How to Recover Crypto Sent to the Wrong Network with Phantom

If you’ve accidentally sent cryptocurrency to the wrong blockchain network using Phantom Wallet, don’t panic; recovery might still be possible with some technical know-how and prompt action. Here’s a detailed guide on how to navigate this common mistake and potentially recover your funds:

Understanding the Issue

Cryptocurrencies operate on specific blockchain networks, like Bitcoin, Ethereum, or Solana, each with its own protocol, wallet address format, and token standards. When you send a token to a wallet address on an incompatible network, your funds become inaccessible on the intended network but they’re not lost. For instance, if you send an ERC-20 token like USDT to a BEP-20 address on Binance Smart Chain, the tokens will exist on the Binance Smart Chain, but they won’t show up in your Phantom Wallet which is set for Ethereum.

Steps to Recover Your Crypto

Check Transaction Details: First, use a blockchain explorer like Etherscan or Solana Explorer to verify the transaction details and confirm where your funds were actually sent. This step is crucial to understand the situation fully.
Wallet Compatibility: If your Phantom Wallet supports multiple networks, try switching to the correct network to see if your funds appear. Phantom supports various blockchains, including Solana, Ethereum, and others, which means you might be able to access your tokens by simply changing the network within Phantom.
Cross-Chain Tools: If the funds are on the wrong network but accessible, consider using a cross-chain bridge. These tools can facilitate the transfer of assets between different blockchain networks. Ensure you use a trusted and reputable bridge to avoid further complications.
Contact Support: If you’ve sent funds to an exchange wallet or if you’re unable to recover the funds yourself, reach out to Phantom’s support team or the exchange’s customer service. They might be able to assist in manually recovering your tokens, although this process can be time-consuming and might involve fees.

Preventive Measures

To avoid this situation in the future:

Understand Transaction Fees: Each blockchain requires its native token for transaction fees (e.g., SOL for Solana, ETH for Ethereum). Ensure you have a small amount of the respective token in your wallet to cover fees before initiating transactions.
Double-Check: Always verify the wallet address and the network before sending any cryptocurrency. Phantom Wallet provides clear indicators of the network you’re on, so make sure it matches your transaction’s intended network.
Stay Updated: Phantom Wallet frequently updates its features and adds support for new networks. Keeping your app updated can help prevent issues related to network compatibility.
Security: Use biometric authentication or Face ID for added security. Never share your secret recovery phrase, as Phantom Support will never ask for it.

Remember, the key to recovering funds sent to the wrong network is acting quickly and following the correct recovery methods. While sending crypto to the wrong network can be stressful, with the right approach, you can often retrieve your assets. Always exercise caution, verify details, and stay informed about the networks you’re interacting with through Phantom Wallet.

Note: This guide is based on general practices and might not cover every possible scenario or network. For specific issues, refer to Phantom’s official support or community forums for tailored advice.

Strategic Investment in AI Agents: Navigating the New Frontier of Blockchain and DeFi

Investing in AI agents requires a strategic approach beyond merely following trends, as the initial phase of pure AI meme investment has passed. The information gap has significantly narrowed with many developers and VCs focusing on AI agents.

Allocate your large positions to established AI agent projects like #ai16z, #ZEREBRO, $AIXBT, $GOAT, and #VIrtual, which have already proven their consensus in the market. This strategy prioritizes stability over short-term gains.

Medium-sized investments should be directed towards AI projects in the competitive phase, like $arc, $REI, $Focai, $ELIZA, $Swarms, $SPORE, $SNAI, $ALCH, and $NEUR, focusing on technical framework standards and innovative models for growth potential.

For smaller investments, consider exploring various small-scale AI projects that show potential but require less research due to market volatility, such as $MetaV, $stoic, $SYMX, $TAOCAT, $ZAILGO, and $POLY. This approach aims at capturing speculative opportunities.

Avoid the pitfalls of frequent portfolio changes, chasing highs, neglecting to take profits, holding onto failing investments, and under-researching. A disciplined investment strategy is crucial in the AI agent market.

Continuous research and understanding of the investment logic are essential, especially for larger positions which should be based on thorough due diligence to ensure long-term certainty.

AI agents are expected to play a significant role in blockchain and DeFi, automating trading strategies, enhancing market analysis, and improving security, which could lead to substantial growth and opportunities in the sector.