VISTA surged 7 times in three days because of the low-threshold Pump.fun?

Author: TechFlow

Recently, the ETH/SOL exchange rate has fallen below a new low, and ETH has been fud by the entire network. This is not the first time that the same plot has been staged. In August of this year, ETH also faced public ridicule, and the slogan of "E down, S up" gradually became louder. The similarity between this time and the last time is not only ETH being ridiculed by the public, but also $Vista, which suddenly rose under the fud.

Yes, the light of the main network, $VISTA, which single-handedly revived the main network chain market in early September, has risen again, and this time the price directly broke through the previous high, with a maximum market value of nearly 70 million US dollars, and the highest increase this week exceeded 700%.

$VISTA is the token of Ethervista, a new DEX based on Ethereum. Based on various innovations, the biggest selling point of Ethervista when it was launched in September was "Uniswap that can give dividends to users". For a detailed introduction to Ethervista, please see the article: $VISTA dark horse emerges, is it the savior of Ethereum DeFi or a flash in the pan?

However, recently Meme hot spots have continued, ETH has gradually weakened, and the market has gradually stopped paying attention to Ethervista. For a long time, the price performance of $Vista has been relatively low, and the market value has hovered around 5 million US dollars. On October 28, Ethervista announced that its own "Pump.fun" - "Etherfun" was officially launched. The mainnet chain's own Meme Pump application, combined with the price trend of the currency, may be the main reason for the rise of $VISTA.

Ethervista+Pump.fun = Etherfun?

The benefits of making a Pump application must be self-evident. Pump.fun, which earns millions of dollars a day, is the best proof.

So what is the difference between Etherfun and Pump.fun of Ethervista, which focuses on innovation? We briefly summarize the key points in the official document:

The threshold for token launch is lower

Etherfun optimized the launch setting of Bonding Curve. The token only needs to reach a target value of $4,000 (about $1.5 $ETH) and 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 incentive

Etherfun has made adjustments to the high gas fee problem of the ETH network. The initial cost paid by the creator is close to zero (1-2 US dollars), and the gas fee is transferred to the first and last buyers, and the first and last buyers are given corresponding compensation: the first and last buyers each receive a reward of 2% of the pool (about 0.03 $ETH).

Liquidity Management

In terms of liquidity management, Etherfun has introduced a permanent lock mechanism, and the liquidity after the project is completed will be locked on the Ethervista platform. The income generated by the transaction is distributed proportionally to the creators and liquidity providers (creators and LP providers receive about $5 in income per transaction), which is different from the conventional liquidity management method of Pump.fun

Ecosystem Integration

Etherfun is deeply integrated with the Ethervista ecosystem, and part of the LP fee is used to repurchase and destroy $VISTA tokens

Etherfun is online, what to play now?

Currently, Etherfun has been launched. Judging from the market value performance, it may still be in its early stages, which contains certain risks. Here are two projects that Ethervista has officially interacted with according to the market value ranking for reference.

Note: The price of Meme tokens fluctuates violently and there is a high risk. Investors should fully assess the risks and participate cautiously. This article only shares information based on market hotspots. The author and the platform do not make any guarantees on the completeness and accuracy of the content of the article. At the same time, this article does not contain any investment advice.

$PUPIL: Etherfun’s first Meme

Contract address:

0xd81e97027c21366ead8e37428b3c033e95a7adc2

24H trading volume:$460,000

Current market value:$5 million

Highest market value:$6.2 million

$PUPIL is the first Ticker launched by Etherfun. The official tweeted in person. As $VISTA rose all the way, $PUPIL reached a maximum of $6 million market value.

$CABI

Contract address:

0x6A064c1B4A0432c5d7Df441759E4E256F21af8BA

24H trading volume:$100,000

Current market value:$300,000

Highest market value:$385,000

Original by Etherfun Meme, and actively interacted with projects such as $BONZI in the Vista ecosystem, and the official also forwarded and interacted with the project party.

Summary: The ecosystem is still in its early stages, and it may be a value depression or a low market value trap

As of writing, the price of $VISTA is close to $70, but although the price of the coin has skyrocketed, Etherfun, which is the focus of this ecological update, does not seem to be very popular. In addition to the leader, the market value performance and trading volume of various tokens are mediocre. It even requires the official to "come down and shout orders" in person.

It may be that the market has not yet recovered from the Solana craze, or the quality of Etherfun's own project is not enough to attract a lot of attention. In short, as a young platform, Etherfun still needs time to verify the reliability and security of its mechanism. Although it has shown many innovative advantages in theoretical design, its actual operation effect and long-term development potential are still to be tested by the market. Investors are advised to maintain rational judgment and reasonably evaluate risk and return when participating.