Meme Coins When OneClick Issuance Platforms Become Ecosystemlevel Weapons

Coin World reports:
Public chains are flocking in, and the “AI+Meme one-click issuance platform” may become the next hot spot.
Written 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 Issuance Becomes the “New Password” for Cryptocurrency, Which Platform Can Compete with pump.fun?” and “Vista Increases 100 Times in One Day, Inventory of 7 One-click Issuance Potential Platforms”, we introduced many one-click issuance platforms. However, at that time, these platforms were more inclined towards application projects rather than “ecosystem platforms” – which is also one of the important reasons why many projects gradually faded away. Without the support and sustained wealth effect of an ecosystem level, it is difficult for liquidity to accumulate for a long time. The fact that the ApeChain mainnet went online and its one-click issuance platform Ape Express gradually declined 24 hours after its explosion is the best example of this view.
Odaily Planet Daily will briefly review the development status of various one-click 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
As we enter 2024, the formal approval of Bitcoin spot ETF further deepens the integration between the cryptocurrency industry and the traditional financial field. The VCs with “high FDV and low circulation market value” were gradually abandoned by the market after experiencing the frenzy of listing in the first half of the year. Instead, Meme coins, which focus on “fair launch and high multipliers”, have become popular investment targets for countless people.
Although Meme coins have extremely high overall risks, no one wants to miss the opportunity in the face of the repeated miracles of getting rich overnight. The emergence of pump.fun also provides liquidity and attention to “on-chain gamblers” and “PVP players”, making it a popular “on-chain casino”. It is no wonder that the saying that promotes the Meme coin craze has spread and become a true portrayal of the current cycle – “Value investment is 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 issuance platform that emerged in March has finally achieved some of the characteristics of the Web2 social media king TikTok – multimedia content, low token issuance threshold, high multiplier projects, and other factors that 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 operation data related to the pump.fun platform are as follows:
A total of 2,623,866 token issuance projects;
Protocol revenue reached 985,654 SOL;
On August 12, the peak daily protocol revenue reached 35,076 SOL;
On October 18, the total number of on-chain transactions in the Solana ecosystem DEX reached 21.491 million, of which pump.fun-related transactions accounted for about 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, the on-chain transaction fees on Solana have risen to 3.85 million US dollars, a significant increase compared to the average value in the past six months.
According to data from the DefiLlama website, as of October 23, the total protocol revenue of pump.fun reached 136 million US dollars. In addition, it is understood that the number of active addresses on pump.fun has recently increased to 85,000, of which 37,000 are new wallets, indicating strong demand from users to participate in Meme coins. The airdrop plan disclosed by the founder of pump.fun has also sparked a new round of market “interaction enthusiasm”. 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 issuance platforms
Different from the standout performance of pump.fun in the Solana ecosystem, the Base ecosystem has not seen a successful and stable one-click issuance platform emerge since the Meme craze in the Solana ecosystem in March this year. It has experienced a series of Meme coin projects that triggered FOMO sentiment, such as DEGEN, MFERCOIN, BRETT, TOSHI, BYTG, etc. However, perhaps due to the restraint of the official Base ecosystem towards speculative projects, or the difficulty of Meme coins in the Base ecosystem to break away from the influence of Meme projects in the Ethereum ecosystem and develop independently, there is still no successful and stable one-click issuance platform.
Previously, Meme coin project MIGGLES, which was openly supported by Coinbase, experienced a surge in market value (with token prices exceeding $0.1 and market value exceeding $100 million) around July 20 and then disappeared among the numerous Meme coins.
It must be said that for Meme coin projects, being able to sustain activity for 3 months is a very rare event. Just like a leading platform like pump.fun, statistics show that this platform has launched a total of 248,400 tokens this month, with only 3,255 tokens listed on the Solana ecosystem DEX Raydium, and 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: Leveraging the power of Meme coins to help ecosystem growth
Different from the “everyone’s Meme” atmosphere in the Solana ecosystem, SunPump, as a latecomer in the TRON ecosystem, has successfully occupied a place in the previous ecosystem development map with its “high-rising” strategy and “fast and aggressive” posture.
At the beginning of SunPump’s launch, we have introduced it in detail in a previous article titled “TRON Meme Revolution is Thriving: SunPump Leads the Craze and Raises the Flag of Momentum”. In that article, we mentioned that SunPump is an attempt by the TRON ecosystem to achieve “ecosystem growth” based on the continuous development of stablecoins in the TRON ecosystem. After that, the emergence 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, specific operational data of the SunPump platform are as follows:
A total of 90,873 token issuance projects;
Protocol revenue reached 34,972,493 TRX;
On August 21, the peak daily token issuance volume reached 7,531.
According to data from the DefiLlama website, the total protocol revenue of SunPump is $5.38 million. The latest news is that SunPump continues to promote various collaborations in the trading aspect, such as the ecological collaboration with Pionex.com, a leading global quantitative trading robot cryptocurrency trading platform, as well as the official launch of the invitation rebate function on the SunPump Telegram Bot.


SunPump platform overview
Sui ecosystem Turbos: Dual-token platform, jointly boosting the SUI ecosystem
Since Q2 and Q3 of this year, the development of the Sui ecosystem cannot 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 a lot of attention, liquidity, and volume. 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 Turbos CLMM DEX reached nearly $1 million, and the liquidity currently supports the trading volume at a ratio of approximately 1:15. At the same time, the annualized return on liquidity for DEEP/SUI exceeded 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 Raydium in the Solana ecosystem.
According to information on 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 total 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, its platform token TURBOS (Turbos Finance) achieved a 15.7% increase in a single day on October 12.
In addition, on October 19, Turbos Finance also launched the LP lock-up function, which allows LP to permanently lock the full range of liquidity while continuing to earn transaction fees and incentives, providing a new solution and path 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, while effectively reducing the risk of Meme coin projects running away.
The latest data shows that Turbos Finance has accumulated a trading volume of nearly $3 billion and a total number of accounts exceeding 538,600.


Turbos Finance platform data
Conclusion: When Meme coins become the “version answer”, one-click issuance platforms become ecosystem infrastructure
If a few months ago, more people regarded Meme coins from the “project level” perspective, then its competitors and comparison objects naturally could only be VC coins. After the successful verification of the business model of pump.fun in a few months, one-click issuance platforms have upgraded from the “project level” to the “ecosystem-level weapon” level. In other words, wherever the hotspot of Meme coins is, market attention and liquidity will follow.
ApeChain and Ape Express quickly declined because, in addition to their limited capacity as an official platform, the market value of their head Meme coins such as CURTIS did not reach a certain milestone number in a short period of time. It is also because the ecosystem application is too barren and it is difficult to continue to attract users and retain liquidity.
However, as the mainstreaming process in the cryptocurrency industry continues to accelerate, Meme coins will continue to play the role of the “version answer”, and the old and new kings of Meme coins will take turns, making one-click 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 issuance platform may already be on its way.