The Rise of Meme Coins as Ecosystemlevel Weapons in OneClick Token Issuance Platforms

Coin World News Report:
Public chains are flocking in, and the “AI+Meme One-Click Token Issuance Platform” may become the next hot spot.
By Wenser, Odaily Planet Daily
There is no doubt that Meme has become the “version answer” of this cycle.
In previous articles such as “After one-click token issuance becomes the “new password” of encryption, which platform can compete with pump.fun?” and “Vista multiplied by a hundred in a day, inventory of 7 potential one-click token issuance platforms,” we introduced many one-click token issuance platforms. However, at that time, these platforms were more inclined towards application projects rather than “ecosystem platforms” – which is one of the important reasons why many projects gradually faded away. Without ecosystem-level support and sustainable wealth creation effects, liquidity is difficult to accumulate for a long time. The fact that ApeChain’s mainnet launch and its one-click token issuance platform Ape Express gradually became quiet after 24 hours of popularity is the best example of this view.
In this article, Odaily Planet Daily will briefly summarize the development status of various one-click token issuance platforms in different ecosystems in the past few months for readers’ reference.
Solana ecosystem pump.fun: The pioneer of this round of Meme coin craze
By the year 2024, the formal approval of Bitcoin spot ETFs has further deepened the integration between the cryptocurrency industry and the traditional financial field. Venture capitalists with “high FDV and low market capitalization” were gradually abandoned by the market after experiencing a crazy listing phase in the first half of the year. Instead, Meme coins with “fair launch and high multiplier odds” became the sought-after investment targets for many people.
Although Meme coins have extremely high overall risks, no one wants to let opportunities slip away in the face of the miracles of getting rich overnight. The emergence of pump.fun has provided liquidity and attention to “on-chain gamblers” and “PVP players,” making it a popular “on-chain casino.” It is not surprising that the saying that promotes the Meme coin craze spread like wildfire and became a true portrayal of this cycle – “Value investments are in vain, go all in on Meme and live in a palace.”
On October 23, pump.fun officially announced that it now supports token issuance through videos. Users can choose to upload videos and create tokens, and allow other users to access them on the main page. Since then, this one-click token issuance platform that emerged in March has finally gained some of the characteristics of the Web2 social media king, TikTok – multimedia content, low token issuance threshold, high odds projects, etc., which have brought unprecedented high activity to on-chain transactions in the Solana ecosystem.


pump.fun basic data
As of October 23, according to Dune data, the operating data of the pump.fun platform is as follows:
There are as many as 2,623,866 cumulative token issuance projects;
The protocol revenue is as high as 985,654 SOL;
On August 12, the peak daily protocol revenue reached 35,076 SOL;
On October 18, the total number of on-chain trading operations in the Solana ecosystem DEX was 21.491 million, of which pump.fun-related operations reached 13.604 million, accounting for approximately 63.3%.
The latest news is that the daily transaction fees on the Solana blockchain have risen to the highest level since early May 2024. In the past 24 hours, Solana’s on-chain transaction fees have risen to $3.85 million, a significant increase compared to the average of the past six months.
According to data from the DefiLlama website, as of October 23, the total revenue of the pump.fun protocol reached 136 million US dollars. In addition, it is understood that the number of active addresses in pump.fun has recently increased to 85,000, of which 37,000 are new wallets, indicating strong demand for user participation in Meme coins. The airdrop plan revealed by the founder of pump.fun has also triggered a new round of “interactive enthusiasm” in the market. Whether it can bring a wave of new “big gains” to users remains to be seen.


pump.fun peak data
Base ecosystem: No successful breakthrough for one-click token issuance platform
Unlike the sole leader in the Solana ecosystem, the Base ecosystem has seen a series of Meme coin projects that triggered FOMO sentiment, including DEGEN, MFERCOIN, BRETT, TOSHI, BYTG, and others, following the Solana ecosystem Meme craze in March this year. However, perhaps due to the restraint of the Base ecosystem’s official stance on speculative trading-related projects, or the difficulty of Meme coins in the Base ecosystem breaking away from the influence of Meme projects in the Ethereum ecosystem and developing independently, there is still no successful and stable one-click token issuance platform emerging.
Previously, the Meme coin project MIGGLES, which was openly supported by Coinbase, also disappeared in the vast sea of Meme coin craze around July 20 after experiencing a surge in market value (the token price exceeded $0.1, and the market value exceeded $100 million).
It has to be said that for Meme coin projects, being able to remain active for three months is an extremely rare event. Just like pump.fun, according to statistics, this platform has launched a total of 248,400 kinds of tokens this month, with only 3,255 tokens listed on the Solana ecosystem DEX Raydium, of which only 2 tokens have a market value exceeding $100 million, highlighting the cruel reality of survival of the fittest in the Meme coin field.
TRON ecosystem SunPump: Using the power of Meme coins to help the ecosystem grow
Different from the “everyone’s Meme” atmosphere in the Solana ecosystem, SunPump, as a latecomer in the TRON ecosystem, has successfully established a place for itself in the ecosystem’s development map with its “high-risk, high-return” strategy and a “fast and aggressive” attitude.
At the beginning of SunPump’s launch, we have already introduced it in detail in the previous article “TRON Meme revolution is in full swing: SunPump leads the frenzy and raises the momentum flag.” In that article, we mentioned that SunPump is an attempt made by the TRON ecosystem on the basis of the continuous development of stablecoins, aiming to achieve “ecosystem growth.” Since then, the appearance of popular Meme coin projects such as SUNDOG and SUNWUKONG has contributed a lot to the protocol revenue, network activity, and overall development of the TRON ecosystem.
As of October 23, according to Dune data, the specific operating data of the SunPump platform is as follows:
There are as many as 90,873 cumulative token issuance projects;
The cumulative protocol revenue is 34,972,493 TRX;
On August 21, the peak daily token issuance reached 7,531.
According to data from the DefiLlama website, the total revenue of the SunPump protocol is $5.38 million. The latest news is that SunPump continues to promote various types of cooperation in the trading aspect, such as the ecological cooperation reached with Pionex.com, a leading global quantitative trading robot cryptocurrency trading platform, and the official launch of the invitation rebate function of the SunPump Telegram Bot.


SunPump platform overview
Sui ecosystem Turbos: Dual-token platform jointly promotes SUI ecosystem
Since Q2 and Q3 this year, the development of the Sui ecosystem should not be underestimated. In addition to the rise in the price of the SUI token and the development of the DeFi ecosystem, the Meme coin craze in the Sui ecosystem has also brought it a lot of attention, volume, and liquidity. Among them, the value of the Sui ecosystem DEX, Turbos, is particularly important.
On October 16, according to official data, the 24-hour trading volume of the DEEP token on the Turbos CLMM DEX is close to $1 million, and the liquidity currently supports the trading volume at a ratio of approximately 1:15. At the same time, the annualized return of the DEEP/SUI liquidity exceeds 2000%, and liquidity providers can earn high transaction fee income through LP.
As one of the projects officially funded by the SUI Foundation, Turbos Finance has undoubtedly become the leading Meme coin DEX in the Sui ecosystem, comparable to Solana’s Raydium.
According to information from the official website, its daily trading volume reached a record high of $39 million on October 9; on October 14, its TVL exceeded $30 million, the total number of accounts exceeded 400,000, and the cumulative trading volume exceeded $2.8 billion; the latest data shows that its TVL has stabilized at around $23.9 million. Thanks to a series of excellent market performances, the platform’s token TURBOS (Turbos Finance) had a single-day increase of 15.7% on October 12.
In addition, Turbos Finance launched the LP lock-up function on October 19. LP providers can permanently lock the full range of liquidity while continuing to earn transaction fees and incentives, providing new solutions and paths for the stable operation and development of Meme coin projects in the Sui ecosystem. To some extent, it can provide returns for Meme coin project parties and LP providers, while effectively reducing the risks of rug pulls in Meme coin projects.
The latest data shows that Turbos Finance has accumulated a trading volume close to $3 billion, and the total number of accounts has exceeded 538,600.


Turbos Finance platform data
Conclusion: When Meme coins become the version answer, one-click token issuance platforms become ecosystem infrastructure
If, a few months ago, more people regarded Meme coins from a “project perspective,” then its competitors and comparative objects naturally can only be VC coins. After the successful verification of the business model of pump.fun within a few months, the one-click token issuance platform has been upgraded from the “project perspective” to the “ecosystem-level weapon” perspective. In other words, wherever the hot spot of Meme coins is, market attention and liquidity will follow.
The decline of the ApeChain and Ape Express frenzy is not only due to the limited capacity of the official team but also mainly because the market value of head Meme coins on the Ape Express platform, such as CURTIS, did not break through certain milestone numbers in a short period of time. It is also due to the lack of rich ecosystem applications, which makes it difficult to attract users and retain liquidity.
However, as the mainstreaming process in the cryptocurrency industry accelerates, Meme coins will continue to play the role of the “version answer,” and the old Meme coin kings and new kings will take turns, making one-click token issuance platforms an indispensable part of every ecosystem infrastructure. After the addition of the huge variable of AI to the “cryptocurrency battlefield,” the “AIxMeme” one-click token issuance platform may already be on its way.