Makenow.meme: The Easiest Way to Create Memecoins Directly From Twitter
- PHPzOriginal
- 2024-08-01 03:40:09955browse
Tokens are launching on Solana, where most of memecoin activity has been taken place for the past six months.
A new platform is making it easier than ever to create memecoins. Makenow.meme allows users to create their own memecoins directly from Twitter, for free, in four steps.
To create a new token, users need to start their tweets with a $ sign and the ticker name, followed by the description of the coin. Next, users should tag the makenowmeme account at the end of their tweet and attach an image or video.
Some are already experimenting with the platform. Alex Svanevik, CEO of Nansen Research, tried out the platform, creating a token with the ticker $IQ. Though he warned people to not “ape this thing,” the token is up 8,000% to $0.006.
The tokens are launching on Solana, which has been the top chain for memecoin activity over the past six months.
Similar to the leading platform for creating memecoins, Pump.fun, makenow.meme uses a bonding curve, wherein when a token reaches a specific market capitalization, it gets burned onto the decentralized exchange Raydium. At that point, traders can begin buying and selling it on the open market.
Such is the popularity of memecoins that Pump.fun posted the highest grossing daily revenue in all of DeFi on Monday, even surpassing Ethereum. The platform took in $867,000, compared to Ethereum’s $844,000.
Solana memecoins went supernova in 2024, and have been the clear meta of this cycle. Even celebrities like Iggy Azalea have been creating their own tokens, as has Caitlin Jenner, and a plethora of politically charged memecoins satirically referring to Trump, Biden, and other public figures have surfaced.
The website’s disclaimer warns buyers that reads, “coins are highly volatile, can go to zero. Never invest more than you can afford to lose, never expect financial return. Only for fun, highly speculative.”
To some, launching memecoins on Twitter is taking things a step too far.
“Generational top signal on “memes,” wrote the pseudonymous 5G. “Tokenizing any and every meme doesn’t work, most are destined for zero - cult communities, aura, lore and autistic teams who can weather any storm will bring their meme to the billions. Anything else is just straight up pvp casino.”
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