Author: Deep Tide TechFlow
Recently, the ETH/SOL exchange rate hit a new low, and ETH faced FUD across the network. This isn't the first time this scenario has played out. In August this year, ETH also faced ridicule, with the slogan 'E down, S up' gradually gaining traction. The similarity this time and last time lies not only in the ridiculed ETH but also in the rise of $Vista amidst widespread FUD.
Yes, $VISTA, which revived the mainnet market single-handedly in early September, has risen again, and this time the price directly surpassed the previous high, reaching nearly $70 million in market value, with the highest increase this week exceeding 700%.
$VISTA is the token of the new DEX Ethervista based on Ethereum. Due to various innovations, Ethervista's biggest selling point at its launch in September was 'a Uniswap that can distribute dividends to users.'
However, recently the Meme hotspots have been continuous, and ETH is gradually weakening, causing the market's attention on Ethervista to diminish. For a long time, $Vista's price performance has been quite sluggish, with its market value hovering around $5 million. On October 28, Ethervista announced its own 'Pump.fun'—'Etherfun' officially went live, a Meme Pump-type application of its own on the mainnet. Considering the price trend, this may be the main reason for the rise of $VISTA.
Ethervista + Pump.fun = Etherfun?
The benefits of creating a Pump-type application are self-evident; Pump.fun, which generates a million dollars daily, is the best example.
So what distinguishes the innovative Ethervista from their Etherfun and Pump.fun? We have summarized the key points from the official documentation:
Token launch thresholds have been lowered
Etherfun optimized the launch settings of the Bonding Curve, requiring the token to reach a target value of $4,000 (approximately 1.5 $ETH) for the platform to automatically establish a liquidity pool on Ethervista. In contrast, Pump.fun's target value is $12,000.
Low creation costs and high purchase incentives
Etherfun has made adjustments to address the high Gas fees on the ETH network. The initial cost paid by creators is nearly zero ($1-2), while shifting Gas fees to the first and last buyers, who receive corresponding compensation: the first and last buyers each receive 2% of the pool (about $0.03 $ETH) as a reward.
Liquidity Management
In terms of liquidity management, Etherfun has introduced a permanent lock mechanism, locking the liquidity on the Ethervista platform after project completion. The profits generated from transactions are distributed proportionally to creators and liquidity providers (creators and LP providers earn about $5 per transaction), which differs from Pump.fun's conventional liquidity management approach.
Ecosystem Integration
Etherfun is deeply integrated with the Ethervista ecosystem, with part of the LP fees used for repurchasing and burning $VISTA tokens.
Etherfun is live, what to play now?
Currently, Etherfun has been launched, and from the market value performance, it may still be in the early stages, containing certain risks. Here, two projects that have interacted with Ethervista officially are listed for reference based on market value ranking.
Note: Meme token prices are highly volatile and carry significant risks. Investors should fully assess the risks and participate cautiously. This article shares information based on market trends, and the author and platform make no guarantees regarding the completeness or accuracy of the content. Additionally, this article does not constitute any investment advice.
$PUPIL: Etherfun's First Meme
Contract Address:
0xd81e97027c21366ead8e37428b3c033e95a7adc2
24H Trading Volume: $460,000
Current Market Value: $5 Million
Highest Market Value: $620,000
$PUPIL is the first ticker launched by Etherfun, promoted directly by the official account. As $VISTA rose, $PUPIL reached a peak market value of $6 million.
$CABI
Contract Address:
0x6A064c1B4A0432c5d7Df441759E4E256F21af8BA
24H Trading Volume: $100,000
Current Market Value: $300,000
Highest Market Value: $385,000
Etherfun's original Meme interacts actively with projects like $BONZI in the Vista ecosystem, and the official also retweets interactions with the project parties.
Summary: The ecosystem is still in its early stages, potentially a value pit or a low market cap trap.
As of the time of writing, the price of $VISTA is approaching $70. Although the price has skyrocketed, Etherfun, which is the focus of this ecosystem update, seems to lack heat. Aside from the leaders, the market value and trading volume of various tokens have performed moderately. Even the official needs to 'step in' to promote.
It may be that the market has not yet recovered from the Solana craze, or that the quality of the Etherfun project itself is not enough to attract significant attention. In summary, as a young platform, Etherfun still needs time to validate the reliability and security of its mechanisms. Although it shows many innovative advantages in theoretical design, the actual operational effects and long-term development potential still need to be tested by the market. It is advised that investors maintain rational judgment and reasonably assess risks and returns when participating.
