Author: Deep Tide TechFlow
Recently, the ETH/SOL exchange rate has dropped to a new low, with ETH facing FUD across the network. This same script has played out before. In August this year, ETH also faced ridicule, and the slogan 'E down, S up' began to echo. The similarity between this instance and the last is not just ETH being mocked, but also the $Vista that surged under a wave of FUD.
Yes, in early September, the mainnet light $VISTA managed to revive the mainnet chain's market, and this time the price directly broke through the previous high, reaching a market cap of nearly $70 million, with a weekly increase of over 700%.
$VISTA is the token of the new DEX Ethervista based on Ethereum. With various innovations, Ethervista's biggest selling point at the beginning of its September launch was 'a Uniswap that can distribute dividends to users.'
However, the recent continuous Meme hotspots, along with ETH's gradual decline, have led the market to pay less attention to Ethervista. For a long time, the price performance of $Vista has been relatively sluggish, hovering around a market cap of $5 million. On October 28, Ethervista announced its own 'Pump.fun' - 'Etherfun' officially launched, which may be the main reason for the rise of $VISTA when combined with token price trends.
Ethervista + Pump.fun = Etherfun?
The benefits of a Pump-type application need no further explanation; Pump.fun, which earns millions of dollars daily, is the best example.
So, what are the differences between Ethervista, which emphasizes innovation, and their Etherfun and Pump.fun? We have summarized the key points from the official documents:
The token launch threshold has 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), while the platform will automatically establish a liquidity pool on Ethervista. In contrast, Pump.fun's target value is $12,000.
Low creation cost and high purchase incentives
Etherfun has made adjustments for the high Gas fees on the ETH network. The initial cost paid by creators is nearly zero ($1-$2), and the Gas fees are transferred to the first and last buyers, while providing compensation: both the first and last buyers receive 2% of the pool (about 0.03 $ETH) as a reward.
Liquidity Management
In terms of liquidity management, Etherfun has introduced a permanent locking mechanism, where the liquidity after the project is completed will be locked on the Ethervista platform. The profits generated from transactions are proportionally distributed to the creators and liquidity providers (creators and LP providers earn about $5 per transaction), which differs from the conventional liquidity management methods of Pump.fun.
Ecosystem Integration
Etherfun is deeply integrated with the Ethervista ecosystem, with part of the LP fees used to repurchase and burn $VISTA tokens.
Etherfun has launched, what to play now?
Currently, Etherfun has already launched. From the market cap performance, it may still be in the early stages, which contains certain risks. Here are two projects that Ethervista has interacted with, listed by market cap ranking as a reference.
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 do not guarantee the completeness or accuracy of the content. Additionally, this article does not offer any investment advice.
$PUPIL: Etherfun's first Meme
Contract Address:
0xd81e97027c21366ead8e37428b3c033e95a7adc2
24H Trading Volume: $460,000
Current Market Cap: $5 million
Highest Market Cap: $6.2 million
$PUPIL is the first ticker launched by Etherfun, promoted by the officials themselves. As $VISTA continues to rise, $PUPIL reached a market cap of $6 million at its peak.
$CABI
Contract Address:
0x6A064c1B4A0432c5d7Df441759E4E256F21af8BA
24H Trading Volume: $100,000
Current Market Cap: $300,000
Highest Market Cap: $385,000
Etherfun's original Meme actively interacts with projects like $BONZI in the Vista ecosystem, and the officials also retweet and interact with the project parties.
Summary: The ecosystem is still in its early stages, which could be 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 popularity. Apart from the leading tokens, various tokens have shown mediocre market cap performance and trading volume. There is even a need for officials to personally 'call out' trades.
It may be that the market has not yet recovered from the Solana craze, or the quality of the Etherfun project itself is not sufficient to attract a large influx of attention. In any case, as a young platform, Etherfun still needs time to verify the reliability and security of its mechanisms. Although it demonstrates many innovative advantages in theoretical design, the actual operational effects and long-term development potential remain to be tested by the market. Investors are advised to maintain rational judgment and reasonably assess risk and return when participating.
