After the unprecedented success of pump.fun, meme coins appear to be one of the dominant narratives of this cycle. In addition to APT APT with Rose and Bruno Mars, the Aptos public chain has also recently launched the meme currency launch platform emojicoin.fun. Basically the overall mechanism is the same as pump.fun. However, the theme of the coin is limited to emojis on Unicode. Before the deadline, Unicode had recorded 1910 emojis. But it was also seen above that if 3 emojis are combined to issue coins, after calculation, there are up to 6.96 billion possible ways to issue coins.
Emoji are social in nature
As for why the theme is emoji, this is because emojis are widely recognized and loved around the world. By using emojis as token symbols, emojicoin.fun lowers the entry threshold for those who may find traditional cryptocurrency trading daunting or overly complex. Additionally, the fair launch of emojicoin.fun reduces the likelihood of new users suffering losses.
The essence of emojis is social; they are usually used in online communication environments to express emotions and thoughts. emojicoin.fun states that the platform encourages community-driven engagement, allowing users to connect with their emojis through a fully emoji-based chat feature in each market. Additionally, the low gas fee and high performance characteristics of next-generation public chains like Aptos create a perfect use case for this type of social application.
The emoji's Pump.fun, can a bicycle become a motorcycle for 300 TWD?
The cost of issuing coins on emojicoin.fun is extremely low, requiring only 2 APT, of which 1 APT is refundable as a deposit, which translates to only about 300 TWD at the current APT price to issue coins. First, you need to download the Petra wallet, then you can withdraw APT tokens from the exchange, or bridge from the Ethereum mainnet to the Aptos mainnet, with Solana's cross-chain set to launch soon. To serve users new to blockchain, the Petra wallet also supports fiat deposits via MoonPay.
1. Emojicoin launch process: A single emoji or emoji combination is acceptable, but the byte count is limited to 10 or fewer. New emojis added after launching on emojicoin.fun are not supported, meaning the number of token types that can be issued has already been determined. Within 5 minutes after completing registration in the Emojicoin market, only the registrant can make the first transaction; if there is no transaction within 5 minutes, other users can trade freely.
2. Bonding Curve phase: Under the bonding curve mechanism, when the market value reaches 4,500 APT, the tokens will enter the conversion phase, similar to the mechanisms of Raydium and Pump.fun. About 22.3% of non-circulating emojicoin tokens and APT in the CLAMM will be transferred to the new CPAMM liquidity pool. Liquidity provider tokens will be burned to ensure long-term market liquidity.
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The CPAMM liquidity pool of Emonjicoin follows the classic Uniswap v2 constant product formula.
Dragon One has the highest market value of 15 million USD, standing alone.
Currently, Emojicoin has accumulated 1750 types of tokens one day after its launch, with the highest market value being Dog Face at approximately 671,452 APT, which translates to about 7.79 million USD at a price of 11.6 USD. In fact, this is not too high considering meme coins, and based on the peak since its launch, the highest market value was around 15 million USD.
However, the market value of Dog Face is still significantly lower compared to other meme coins on Emojifun. The second place, INFINITY, and the third place, FROG, have market values of only 78,239 and 17,610 APT, respectively. On the bright side, a lower market value is beneficial for price increases and offers a high risk-reward ratio. But it also represents that the market is relatively unstable.
This article asks if a bicycle can become a motorcycle for 300 TWD? The Aptos official also promotes the Emoji meme coin issuance platform, first appearing in Chain News ABMedia.