Pump.fun: A Comprehensive Guide to Creating and Trading Memecoins

Introduction

Pump.fun is a popular platform in the cryptocurrency space that allows users to create and launch their own memecoins quickly and easily. Launched in early 2024, pump.fun has rapidly gained traction due to its user-friendly interface, low cost of entry, and innovative approach to token launches. This platform has become a hub for memecoin enthusiasts, providing a space for both creators and traders to engage in the volatile yet exciting world of memecoins.

Pump.fun: A Comprehensive Guide to Creating and Trading Memecoins

What is Pump.fun?

Pump.fun is a website and platform on the Solana blockchain designed to facilitate the creation and trading of memecoins. It allows users to deploy new tokens with minimal capital and technical knowledge. The platform simplifies the token creation process, making it accessible even to those with no coding experience. Unlike traditional token launches that require significant resources and liquidity, pump.fun enables users to create a token for less than $2.

Key Features of Pump.fun

  1. Ease of Token Creation: Pump.fun allows users to create a memecoin in just a few clicks, without needing to write any code.

  2. Low Cost: Deploying a token on pump.fun costs less than $2, making it accessible to a wide range of users.

  3. Fair Launch Mechanism: The platform uses a bonding curve model to ensure a fair launch, preventing rug pulls and ensuring that all investors have an equal opportunity to participate.

  4. Automated Liquidity Provision: Once a token’s market cap reaches a certain threshold, liquidity is automatically deposited to a decentralized exchange (DEX), such as Raydium, and the liquidity pool (LP) tokens are burned.

  5. Safety and Security: Pump.fun’s bonding curve model eliminates the risk of instant rug pulls, as the creator cannot withdraw funds before the token reaches a specific market cap and liquidity is deposited to a DEX.

  6. Community Engagement: The platform fosters a vibrant community of memecoin creators and traders, providing a space for interaction and collaboration.

How Does Pump.fun Work?

Pump.fun operates on a unique model that combines ease of token creation with a fair and secure launch mechanism. Here’s a breakdown of how it works:

  1. Token Creation: Users can create a token by providing a name, ticker, description, and image. The platform handles the technical aspects of token deployment.

  2. Bonding Curve: Each token is launched on a bonding curve, which is a mathematical curve that determines the token’s price based on its supply. Users buy and sell tokens directly from this curve.

  3. Fair Launch: All tokens have the same bonding curve parameters, ensuring that every investor has the same opportunity. There are no pre-sales or team allocations.

  4. Liquidity Migration: When a token’s market cap reaches $69k, $12k of SOL and the tokens are deposited to Raydium, a Solana-based DEX. The LP tokens are burned, preventing the creator from withdrawing the liquidity.

  5. Trading: Once on Raydium, the token can be traded like any other cryptocurrency.

Step-by-Step Guide to Creating a Memecoin on Pump.fun

  1. Connect Your Wallet: Go to the pump.fun website and connect a Solana-compatible wallet, such as Phantom or Solflare.

  2. Design Your Token:

  • Enter the token’s name and ticker.

  • Write a brief description.

  • Upload an image for the token.

  1. Launch Your Token:

  • Review the token details.

  • Pay the small fee (less than $2) to deploy the token.

  1. Promote Your Token: Share your token with the community to attract buyers and increase its market cap.

  2. Reach Liquidity Migration: Once the market cap reaches the threshold, the liquidity will be automatically deposited to Raydium, and your token will be tradable on the DEX.

Benefits of Using Pump.fun

  • Accessibility: Anyone can launch a token, regardless of technical expertise or financial resources.

  • Affordability: Low cost of entry makes it appealing to a broad audience.

  • Transparency: The bonding curve model ensures a fair and transparent launch process.

  • Security: Built-in safety features minimize the risk of scams and rug pulls.

  • Community: Pump.fun provides a platform for creators and traders to connect and build a community around memecoins.

Risks and Considerations

  • Volatility: Memecoins are highly volatile, and their value can fluctuate dramatically.

  • Competition: The platform is crowded, making it challenging to stand out and attract buyers.

  • Regulatory Uncertainty: The regulatory landscape for memecoins is still evolving, and future regulations could impact the platform.

  • Market Saturation: The ease of token creation has led to a large number of memecoins, many of which fail to gain traction.

Conclusion

Pump.fun has revolutionized the memecoin space by providing an accessible, affordable, and secure platform for token creation and trading. Its unique bonding curve model and fair launch mechanism have made it a popular choice for both creators and investors. While the memecoin market remains volatile and unpredictable, pump.fun offers a transparent and community-driven approach to participating in this exciting new frontier of cryptocurrency. Whether you’re a seasoned crypto enthusiast or a newcomer curious about memecoins, pump.fun provides a user-friendly gateway to explore this dynamic and rapidly evolving ecosystem.

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.

I Send tokens from an exchange or another wallet to Phantom wallet and they don’t appear

User Question:

I recently sent some tokens from an exchange to my Phantom wallet, but they haven’t shown up yet. I’m worried that I might have sent them to the wrong network or there’s an issue with the transaction. How can I troubleshoot this situation and ensure my tokens are recovered or correctly received in my Phantom wallet?

Solution Tutorial: Troubleshooting Unreceived Tokens Sent from an Exchange or Another Wallet to Phantom

When you send tokens from an exchange or another wallet to your Phantom wallet and they don’t appear, it can be quite alarming. However, there are several steps you can take to troubleshoot this issue and hopefully recover or find your tokens.

Step-by-Step Guide:

  1. Verify the Receiving Address:
    • First and foremost, ensure that the address you provided for receiving the tokens in Phantom was copied correctly from your wallet. Solana addresses are case-sensitive, so even a minor mistake can lead to issues. Double-check each character.
  2. Check the Network:
    • When sending from an exchange, it’s critical to select the correct network. Exchanges often default to different networks (like Bitcoin, Ethereum, Base, or Polygon), which could result in tokens being sent to an incompatible network. Ensure the network you selected matches the one your Phantom wallet is configured for.
  3. Use Blockchain Explorers:
    • Use blockchain explorers like Solscan for Solana, Etherscan for Ethereum, Polygonscan for Polygon, or Basescan for Base to track your transaction. Enter the transaction ID (TXID) provided by the exchange to view transaction details. Here’s how:
      • Solana (SOL): Go to Solscan, search your wallet address, and check the Portfolio tab.
      • Ethereum (ETH): Visit Etherscan, enter your wallet address to see your ETH balance and ERC-20 tokens.
      • Polygon (POL): Use Polygonscan to check your wallet’s token holdings.
      • Base: Check Basescan for transaction details and token balances.
  4. Confirm Transaction Details:
    • Look for the transaction on the explorer. If it’s not listed, it might not have been sent or there was an issue. If listed, verify:
      • The sender’s address matches the exchange’s address.
      • The recipient address is your Phantom wallet address.
      • The network is correct (as per step 2).
  5. Transaction Status:
    • Check if the transaction is confirmed or pending. Bitcoin transactions might take longer, sometimes up to a few hours due to network congestion or low fees.
  6. Hidden Tokens:
    • In Phantom, if you scroll down in the token list, there’s an option to ‘Manage token list’. Sometimes, due to security measures, tokens might be hidden. You can unhide them if they appear in this list.
  7. Contacting the Exchange:
    • If you’ve confirmed all details and the tokens still aren’t in your wallet, reach out to the exchange’s support. Provide them with the transaction details, including the TXID, and ask for assistance. Sometimes, exchanges can help recover tokens sent to the wrong network or address.
  8. Recovery Steps for Unsupported Networks:
    • If you mistakenly sent tokens to a network Phantom doesn’t support, you’ll need to:
      • Use another wallet that supports the network where your tokens are stuck.
      • Import your Phantom wallet’s private key or recovery phrase into this wallet to access the funds.

Important Considerations:

  • Case Sensitivity: Remember, Solana and Bitcoin addresses are case-sensitive. A slight mismatch can cause tokens to be sent elsewhere.
  • EVM Addresses: Ethereum, Polygon, and Base addresses are not case-sensitive, but always ensure the entire address matches.
  • Patience: Blockchain transactions can take time, especially with network congestion. If everything looks correct, sometimes waiting a bit longer can resolve the issue.

By following these steps, you should be able to troubleshoot and potentially recover or locate tokens that haven’t shown up in your Phantom wallet from an exchange or another wallet. Always double-check details before sending crypto to avoid such issues in the future.

How to migrate my funds to a new wallet with a new SRP using Phantom, ensuring my assets remain secure

User Question:

As a Phantom wallet user, I’m concerned about the security of my crypto assets. I’ve heard that migrating to a new wallet with a new Secret Recovery Phrase (SRP) can enhance security. However, I’m unsure about the step-by-step process to do this safely. Can you provide a detailed guide on how to migrate my funds to a new wallet with a new SRP using Phantom, ensuring my assets remain secure?

Solution Tutorial: Safely Migrating Funds to a New Wallet with a New Secret Recovery Phrase in Phantom

Migrating your cryptocurrency to a new wallet with a new Secret Recovery Phrase (SRP) in Phantom is a prudent step for enhancing the security of your digital assets. This process helps protect against potential security threats, compromised phrases, or simply to update your security protocols. Here’s how you can do it safely:

For Browser Extension Users:

Backup Your Current SRP and Private Keys:

Before you start, ensure your current Secret Recovery Phrase (SRP) and any imported Private Keys are safely backed up. This is crucial for recovery in case something goes wrong during migration. Double-check each word and the order of your SRP to avoid errors.

Create a New Wallet:

Open Phantom in your browser. Click on the wallet icon at the top right to open the settings, then select ‘Create a New Wallet’. Follow the prompts to generate a new wallet. Importantly, securely back up this new SRP; treat it as your ultimate key to the wallet.

Add Old Wallet as Secondary:

After setting up your new wallet, you’ll need to add your old wallet as a secondary account. This can be done by selecting ‘Add/Import Account’ in the settings and entering your old SRP. This step allows you to transfer funds from your old wallet.

Transfer Funds:

With both wallets accessible in Phantom, transfer all your funds from the old wallet to the new one. Ensure you transfer the correct assets by verifying the network and token addresses.

Remove Old Wallet:

Once all funds are safely transferred, go to ‘Manage Accounts’ in the settings, select your old wallet, and remove it. This step is crucial for security, as it removes any link to the old SRP.

Securely Dispose of Old SRP:

After removing the old wallet, securely dispose of your old SRP. This could mean physically destroying any written copies or securely erasing digital backups to prevent misuse.

For Mobile App Users:

The process is slightly different for mobile:

Backup Current SRP:

Ensure your current SRP and any Private Keys are backed up. Double-check the accuracy to avoid recovery issues.

Uninstall Phantom:

Delete the Phantom app from your device. This step ensures a clean start with no residual data from your old wallet.

Reinstall Phantom:

Download Phantom again from the official website or app store. This ensures you’re using the latest, most secure version of the app.

Create New Wallet:

On first launch, choose to create a new wallet. Follow the instructions to generate and securely back up the new SRP.

Add Old Wallet as Secondary:

Add your old wallet by selecting ‘Add Account’ and entering your old SRP as a secondary account.

Transfer Funds:

Transfer all your assets from the old wallet to the new one. Check each transaction to ensure accuracy.

Remove Old Account:

Go to settings, find ‘Manage Accounts’, and remove the old account. This step severs any connection to the compromised or old SRP.

Secure Disposal:

Safely dispose of your old SRP to prevent any future unauthorized access.

Important Notes:

Never Share Your SRP: Phantom support will never ask for your Secret Recovery Phrase or Private Key. Keep this information confidential.
Double-Check Everything: Mistakes in copying or entering your SRP can lead to loss of funds. Be meticulous.
Stay Updated: Use the latest version of Phantom to benefit from the most current security features.

By following these steps, you can migrate your funds to a new Phantom wallet securely, ensuring your digital assets are protected with the latest security measures. Remember, maintaining the security of your crypto assets is an ongoing process, and regular updates to your security practices, like this migration, are essential.

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.

Jupiter Exchange Opens ‘Good Cat’ Applications to Recognize Key Community Contributors

January 4, 2025 – Jupiter Exchange, a prominent decentralized exchange (DEX) on the Solana blockchain, has announced the opening of applications for its ‘Good Cat’ program, aimed at recognizing and rewarding members of its community, the Jupiverse, who have made significant contributions over the past year.

Jupiter Exchange Opens 'Good Cat' Applications to Recognize Key Community Contributors

In a post on X, formerly known as Twitter, Jupiter Exchange (@JupiterExchange) launched the ‘Good Cat’ initiative with a vibrant illustration of two cats exchanging a gift, symbolizing community camaraderie and support. The applications for this recognition program are open until February, providing an opportunity for community members to showcase their involvement and dedication.

According to the announcement, a ‘Good Cat’ is defined as someone who has significantly contributed to the Jupiverse. This includes not only participation on the Jupiter platform but also active engagement across multiple community platforms such as X, Discord, Jupresearch, Reddit, and others. Whether you’re a content creator, community contributor, or developer, your efforts are set to be appreciated.

Jupiter Exchange emphasized the importance of community contributions with the statement, “Over the past year, the Jupiter community has grown across multiple platforms. We’ll be considering community contributions in all of them.” This inclusive approach ensures that various forms of engagement are valued, fostering a diverse and vibrant community ecosystem.

To apply, members must adhere to specific guidelines set by Jupiter Exchange. Applicants are required to include only links from their own contributions, ensure all contributions fall within the eligible date range of November 3, 2023, to November 2, 2024, and avoid making multiple submissions with different profiles. This structured approach aims to maintain fairness and integrity in the selection process.

Jupiter Exchange anticipates a high volume of applications, predicting “10s of thousands” of submissions, and has encouraged applicants to be accurate and consolidate their submissions to facilitate a smooth review process. The application link was provided within the post, directing interested community members to submit their contributions for consideration.

The ‘Good Cat’ program is part of Jupiter Exchange’s broader initiative to cultivate a supportive and engaged community. This follows their recent successful airdrop of JUP tokens, where token holders approved a revised proposal to ensure tokens go to “the right people who have a good chance to become long-term members” (). The airdrop is set to conclude by the ‘Catbberoal’ event in Istanbul on January 25-26, 2025.

Jupiter Exchange’s approach to community recognition highlights the platform’s commitment to rewarding genuine participation and fostering a strong, collaborative environment. With the ‘Good Cat’ applications now open, the Jupiverse community is buzzing with excitement as members prepare to highlight their contributions and potentially earn recognition for their efforts.

For more information on how to apply or what qualifies as a ‘Good Cat’ contribution, interested parties are encouraged to visit the official Good Cats application page or follow Jupiter Exchange on X for updates ().

How to Add a Token to Phantom Wallet: A Step-by-Step Guide (January 5, 2025)

Updated: January 5, 2025

Phantom Wallet is a popular Solana-based cryptocurrency wallet that allows users to manage their digital assets seamlessly. Adding tokens to your Phantom Wallet is a straightforward process. Follow this comprehensive guide to learn how to add tokens to your Phantom Wallet.

Table of Contents

  1. Understanding Phantom Wallet
  2. Prerequisites
  3. Adding a Token to Phantom Wallet
  4. Troubleshooting Common Issues
  5. Frequently Asked Questions

Understanding Phantom Wallet

Phantom Wallet is a user-friendly cryptocurrency wallet designed for the Solana ecosystem. It enables users to store, send, receive, and manage SOL and SPL tokens efficiently. With its intuitive interface, Phantom Wallet has become a preferred choice for many Solana users.

Prerequisites

Before adding a token to your Phantom Wallet, ensure you have the following:

  • Phantom Wallet Installed: If you haven’t installed Phantom Wallet, download it from the official website.

  • Solana Network Access: Ensure you have a stable internet connection to interact with the Solana blockchain.

Adding a Token to Phantom Wallet

Using the Phantom Wallet Interface

How to Add a Token to Phantom Wallet: A Step-by-Step Guide (January 5, 2025)

  1. Open Phantom Wallet: Launch the Phantom Wallet extension in your browser.

  2. Access the Token List: Click on the “Manage Token List” icon, represented by a gear or settings symbol, typically located at the bottom or top-right corner of the wallet interface.

  3. Search for the Token: In the search bar, type the name or symbol of the token you wish to add. Phantom Wallet maintains a comprehensive list of verified tokens.

  4. Add the Token: Once you locate the desired token, click the “Add” button next to it. The token will now appear in your wallet’s main interface.

Manually Adding a Token

If the token isn’t listed in Phantom’s default token list, you can add it manually:

  1. Obtain the Token’s Mint Address: The mint address is a unique identifier for the token on the Solana blockchain. You can find this on the token project’s official website or reputable sources like Solana Explorer.

  2. Open Phantom Wallet: Launch the Phantom Wallet extension.

  3. Access the Token List: Click on the “Manage Token List” icon.

  4. Add by Address: Scroll to the bottom and select the “Add by Address” option.

  5. Enter the Mint Address: Paste the token’s mint address into the provided field.

  6. Confirm Addition: Click “Add” or “Confirm”. The token should now appear in your wallet.

Troubleshooting Common Issues

  • Token Not Appearing: Ensure you’ve entered the correct mint address. Double-check for any typos or errors.

  • Unverified Tokens: Adding unverified tokens can be risky. Always verify the legitimacy of a token before adding it to your wallet.

  • Wallet Not Updating: If the token doesn’t appear immediately, try refreshing the wallet or restarting your browser.

Frequently Asked Questions

Q1: Can I add tokens from other blockchains to Phantom Wallet?

A1: Phantom Wallet primarily supports Solana-based tokens (SPL tokens). Tokens from other blockchains aren’t compatible.

Q2: Is there a limit to the number of tokens I can add?

A2: There’s no specific limit, but adding numerous tokens may clutter your interface. Add tokens you actively use or monitor.

Q3: How do I remove a token from my wallet?

A3: In the “Manage Token List” section, locate the token you wish to remove and click the “Remove” or “Delete” option.

Q4: Are there fees associated with adding tokens?

A4: Adding tokens to your wallet is free. However, transactions involving these tokens may incur network fees.

Q5: What should I do if I suspect a token is malicious?

A5: Avoid adding or interacting with suspicious tokens. Conduct thorough research and only add tokens from reputable sources.

By following this guide, you can efficiently manage and add tokens to your Phantom Wallet, enhancing your experience within the Solana ecosystem.

For more information and support, visit the Phantom Wallet Help Center.

AI Agent Ultimate Investment Research: Core Innovations Behind the Bull Market and Future Trend Analysis

Original Author: Shu Fen (@x.com)
Published on: January 2, 2025

Many have remarked that the current crypto bull market lacks innovative narratives. However, AI stands out as the most innovative and enduring core narrative. As of December 2024, the highest-yielding projects in the cryptocurrency market (excluding on-chain activities) stem from the AI sector—particularly Virtuals, boasting returns up to 23,079%.

Phrases like “Next Stop for Large Models,” “Revolutionizing Human Lifestyles,” and “Initiating a New Industrial Revolution” underscore the significance attributed to AI Agents. Both retail and institutional investors are underprepared for the current momentum and future trajectory of AI Agents. Many in my circle hadn’t paid attention until the surge, and now, faced with an overwhelming influx of information, they find it challenging to navigate. This comprehensive analysis aims to demystify AI Agents, serving as an introductory guide tailored for the crypto community.

This report is structured into three sections:
1. Fundamentals of AI Agents
2. Analysis of Prominent AI Agent Projects
3. Anticipated Applications of AI Agents in the Web3 Domain

1. Fundamentals of AI Agents

AI Agents first garnered public attention in March 2023 with the release of a project called AutoGPT. This framework leveraged large language models (LLMs) to autonomously decompose complex tasks into manageable sub-tasks and utilize tools to accomplish them.

The debut of AutoGPT was groundbreaking, marking the first instance where language processing, content creation, logical reasoning, and perceptual action technologies were applied in practical scenarios. Subsequently, OpenAI introduced a series of GPT models, prompting numerous tech companies to develop applications, platforms, development tools, and operational frameworks to establish a competitive edge in the evolving ecosystem.

What exactly is an AI Agent, and how does it function?
An “agent” refers to a representative or intermediary. In simple terms, an AI Agent is an AI-empowered representative that, unlike traditional software which passively executes commands, operates through the following workflow:
– Perception Module: Acquires input.
– LLM: Processes understanding, reasoning, and planning.
– Tool Utilization: Executes tasks.
– Feedback and Optimization: Validates and refines actions.

OpenAI defines an AI Agent as a system driven by an LLM “brain,” endowed with autonomous understanding, perception, planning, memory, and tool utilization capabilities, enabling the automated execution of complex tasks. Unlike traditional AI, AI Agents can independently think and employ tools to progressively achieve specified objectives.

Illustrative Example:
Consider experiencing symptoms of a cold. Traditional software might simply advise visiting a doctor and taking precautions. In contrast, an AI Agent could monitor your temperature and other health indicators, cross-reference online information to recommend appropriate medications, facilitate payment and home delivery, and even draft a sick leave note for the following day. This exemplifies the remarkable capabilities of AI Agents.

2. Analysis of Prominent AI Agent Projects

According to recent data from Cookie.fun, as of December 30, the total market capitalization of AI Agents has reached $11.68 billion, with a 7-day increase of nearly 39.1%. This growth trend underscores the rapid expansion of the AI Agent ecosystem within the crypto market.

Among the AI Agent surge, ai16z and Virtuals Protocol have emerged as dominant projects. Specifically, Virtuals’ ecosystem market cap stands at $5.01 billion, and ai16z at $1.63 billion, together accounting for 56.8% of the AI Agent market share.

From a blockchain distribution perspective, Base and Solana are the primary arenas for AI Agents. Base hosts AI Agent projects with a combined market cap of approximately $5.76 billion, while Solana’s stands at $5.47 billion, collectively contributing 96.1% of the overall market. Projects on other chains cumulatively hold a market cap of only $920 million.

This concentration indicates that, despite the swift rise and significant attention and capital influx into the AI Agent ecosystem, the market structure remains relatively centralized, heavily reliant on a few leading projects. The AI Agent ecosystem is still in its nascent stages.

Below is an analysis of current prominent AI Agent projects, evaluated based on three criteria:
1. Long-term Value
2. Genuine Market Demand
3. Revenue Streams

If you find certain projects absent from this list, please reassess them against these criteria. The following insights are for reference only and do not constitute financial advice.

1. Virtuals

Launched last year, Virtuals Protocol primarily establishes co-management for AI agents in gaming and entertainment. These AI agents can be tokenized via blockchain and co-managed, featuring capabilities like autonomous planning, goal achievement, environment interaction, and on-chain wallet control.

Virtuals distinguishes itself from other Web3 AI agent protocols by simplifying AI agent complexity, offering a plug-and-play solution akin to Shopify. This enables non-AI professionals to easily deploy AI agents in gaming and consumer applications, facilitating tokenization and decentralized co-management to derive protocol revenue from AI agents.

Additionally, Virtuals has developed an AI virtual idol band, AI-dol, amassing hundreds of thousands of followers on TikTok, showcasing its innovative approach.

The total token supply for Virtuals is 1 billion, fully released, distributed as follows:
– 60% held by the public
– 5% allocated to the liquidity pool
– 35% reserved for the ecosystem treasury, with a maximum annual release of 10% over three years. Currently, the ecosystem fund holds over 30% of the tokens.

Long-term Value: Virtuals addresses the pain point of non-AI professionals being unable to participate in the AI surge, boasts a solid user base, maintains transparent tokenomics, and executes effective marketing. As a leading project in the AI Agent ecosystem, its market cap has seen a continuous rise with minimal corrections, suggesting a high probability of significant adjustments in the future. Therefore, in the short term, Virtuals presents considerable risk.

2. ai16z

Despite sharing a name reminiscent of the renowned venture capital firm a16z, ai16z has no affiliation with A16Z and has not received its investment. The sole connection is the attention from a16z founder Marc Andreessen.

With a total token supply of 1.09 billion, ai16z operates as a DAO. According to core influencer Shaw, ai16z plans to launch several games based on the Eliza framework and aims to develop a practical AI Agent investment tool, DeFi AI Agent. Shaw asserts that ai16z’s goal is not to create an AI robot mimicking a16z but to outperform it in its forte—investment.

This suggests that ai16z focuses on investment model AI agents, seemingly akin to previous AI bots or Telegram bots. The question arises: Can AI truly succeed in investment? This remains uncertain. Notably, the core technology, Eliza OS, is built upon OpenAI’s capabilities with minimal additional development. Should OpenAI release its own AI agents, it is unclear how Shaw would respond.

Summary: ai16z appears to capitalize on the current AI hype, potentially offering short-term trading opportunities. However, its long-term prospects remain uncertain due to a lack of technological differentiation and reliance on existing frameworks.

3. Anticipated Applications of AI Agents in the Web3 Domain

AI Agents have the potential to significantly reshape the Web3 ecosystem, offering innovative use cases and driving adoption in various sectors. Here are some of the most promising applications:

3.1 AI-Powered DeFi Solutions

AI Agents can be utilized to optimize decentralized finance (DeFi) protocols by autonomously managing tasks like liquidity provision, yield farming, and risk assessment. They can act as personal financial advisors, tailoring investment strategies based on user preferences and market conditions.

3.2 GameFi and Virtual Economies

In the gaming and virtual worlds, AI Agents can enhance user experiences by creating intelligent NPCs (non-player characters), managing in-game economies, and facilitating player interactions. Projects like Virtuals are already paving the way for such applications, showcasing how AI can merge with entertainment and gaming.

3.3 Decentralized Autonomous Organizations (DAOs)

AI Agents could revolutionize DAO operations by automating governance tasks, analyzing community proposals, and executing smart contract decisions. This would make DAOs more efficient and accessible to broader audiences.

3.4 Personalized AI Assistants

By integrating AI Agents with blockchain technology, users can have decentralized, private AI assistants for daily tasks, such as managing wallets, tracking portfolios, or curating personalized content.

3.5 AI Agents in Social Media

AI-powered bots can provide enhanced interaction on decentralized social media platforms, moderating content, combating misinformation, and improving user engagement.

Closing Thoughts

The emergence of AI Agents represents one of the most exciting narratives in the current crypto bull market. While the ecosystem is still in its early stages, the rapid development of foundational projects like Virtuals and ai16z underscores the potential for transformative applications.

Investors and developers alike should remain cautious, as the sector is still experimental and carries inherent risks. However, for those willing to explore, AI Agents offer a glimpse into the future of Web3 and beyond.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.

Original Article by Shu Fen (@x.com)

How Should Newcomers Enter the Crypto Space in 2025?

Original Author: Gary (@OTZGary)
Published on: January 4, 2025

Newcomers to the crypto space often face two major challenges:

  1. Excessive and Disorganized Information: Opening media websites or Twitter reveals an overwhelming amount of information, much of which is difficult to understand, leading to anxiety.

  2. Useless Introductory Information: Many introductory materials either discuss outdated concepts like the metaverse or delve into technical details that most crypto professionals may never need to fully understand, such as the specifics of Bitcoin mining.

To address these issues, this article is divided into three parts to help newcomers quickly get started in the crypto space in 2025:

  1. From 0 to 1
    • 1.1 Job Entry
    • 1.2 Reading Entry
    • 1.3 Course Entry
  2. From 1 to 100
    • 2.1 Prerequisite Knowledge
    • 2.2 Four On-Chain Classics
    • 2.3 Frontline Spaces
    • 2.4 Output and Expression
  3. Daily Information
    • 3.1 Twitter
    • 3.2 Media
    • 3.3 Video

1. From 0 to 1

1.1 Job Entry

I empathize with newcomers who, due to lack of experience, often have limited choices for their first job in the crypto space, relying on referrals or mass applications. Some may even be discouraged by unsuccessful attempts. However, securing a job is indeed the fastest way to enter crypto—much quicker than self-study. Being proactive and reliable will lead to progress. Here are some personal insights for your reference:

1.2 Reading Entry

To tackle the issues of excessive information and useless introductory materials, here is a curated reading list recommended by netizens. It’s relatively recent and suitable for beginners to self-study and understand, with many Bitcoin-related contents:

Note: The authors are hosts of the podcast “Day1Global Born Global,” which is also recommended:
https://www.xiaoyuzhoufm.com/podcast/6406cd

1.3 Course Entry

For those who enjoy structured learning, here are two recommended courses, one in Chinese and one in English, both with a technical focus:

2. From 1 to 100

The growth path in the crypto space generally follows two routes: the “Qi” route and the “Sword” route. The “Qi” route involves following the right path and people, gradually accessing higher resources and circles. The “Sword” route focuses on mastering secondary/on-chain skills, navigating the market independently to create wealth. Of course, one can pursue both. Here are some introductory resources for the on-chain “Sword” route:

2.1 Prerequisite Knowledge

Safety first on any path:

2.2 Four On-Chain Classics

2.3 Frontline Spaces

2.4 Output and Expression

Engaging in public learning is beneficial. Both your Twitter activity and wallet serve as your resume in the crypto space. There are basic rules to follow on Twitter; recommended reading:

3. Daily Information

3.1 Twitter

Twitter is the primary source for daily information in the crypto space. Here are some top Chinese-speaking industry KOLs to follow for daily beta insights:

  • @Phyrex_Ni
  • @BTW0205
  • @jason_chen998
  • @SEFATUBA3

(More 2025 KOLs to be updated and categorized later)

3.2 Media

While the quality of content on Crypto Twitter varies, media outlets maintain consistent quality. The best Chinese crypto media is BlockBeats:

3.3 Video

Videos may lack immediacy but offer easy information access. Recommended daily update channel:

Closing Remarks

The crypto space is filled with opportunities and challenges. As a newcomer in 2025, your success will depend on your ability to absorb knowledge, build meaningful connections, and navigate the ever-changing landscape of blockchain and cryptocurrency.

While this guide provides a starting point, always remember that the crypto space evolves rapidly. Staying adaptable and curious is key to long-term success.

Good luck, and welcome to the world of crypto!

Original Thread by Gary (@OTZGary)
Compiled and Translated by [Your Name]