Meme coins, a combination of memes and cryptocurrency, have recently created a buzz, with various viral, high-value coins like Dogecoin, Shiba Inu, and PEDE.
This popularity has fueled a trend of launching meme coins on SUI (a Layer 1 blockchain). If you want to hop on the bandwagon, check out the best meme launchpad on SUI to maximize your profit.
Why Launch Meme Coins On SUI?
SUI blockchain is a promising land for meme coin creators for several reasons:
- High-speed blockchain: Due to hype cycles and social media virality, meme coins often experience sudden surges in traffic, resulting in overloading and congestion. However, SUI meme launchpads leverages the Move programming language of Sui blockchain, which supports parallel transaction execution. This significantly enhances the throughput and loading times.
- Low transaction fees: Meme coins are associated with microtransactions and frequent trading, which might incur high transaction fees. However, a meme launchpad on SUI blockchain offers low transaction fees to ease this burden for traders. Users can trade meme tokens without worrying about hidden costs.
- Great security and flexibility: Utilizing the Move language ensures higher security, allowing developers to create feature-rich meme coins with fewer risks. Also, SUI treats every digital asset, smart contract, and piece of data as a distinct object, streamlining the management of digital assets and promoting a seamless trading experience.
- Many opportunities for profit growth: The SUI blockchain has an active community and have had major meme coins listed on Binance such as $HIPPO. This community attracts a significant daily trading volume of approximately $400 million, providing clear opportunities for growth.
Meme Coin Launchpad On SUI - What Is The Best Platform?
If you are seeking a meme coin launchpad on the SUI network, Moonbags is an outstanding platform to consider, with a fair launch, revenue-sharing mechanism, and more. Below are the benefits of launching meme coins on Moonbags:
Fair Launch and No Hidden Fees
Fair launch SUI and transparency are the cornerstones of Moonbags. Unlike other bonding curve platforms, the entire launching process, from token creation to DEX migration and revenue sharing, is transparent. There are no backend deductions or hidden fees.
Also, token creators are granted access to token locking tools on the meme launchpad on SUI, enabling them to publicly commit their supply for a certain period. This fosters trust in the community, paving the way for long-term commitment and minimizing the rug-pull narrative.
Fast and Cheap Meme Coin Launching
Gone are the days of waiting hours to launch a coin. Moonbags allows users to create their SUI meme coin in under 2 minutes. The best part is that the launching process requires zero technical skills; you don’t have to write a single line of code to develop your own token.
Furthermore, users only have to spend 1 SUI to launch a meme coin, and no development fees are needed. This small fee is to prevent creators from spamming unnecessary or random tokens.
Moonbags is open for everyone, even beginners, ensuring that every SUI raised flows to liquidity and staking.
Custom Bonding Curves
Many launchpads come with fixed bonding targets, which might fail to match the scale of a new meme coin project. This is not the case with Moonbags. With customizable bonding caps, this meme launchpad on SUI enables developers to set their funding targets, aligning with their specific goals.
This is a great perk for beginners who want to launch a micro-cap meme coin to test the water. On the other hand, more experienced or ambitious creators can also develop high-cap viral meme coins with a long-term vision.
Revenue Sharing Program & Creator Rewards
Moonbags created a launch-to-earn model reducing the developers’ reliance on speculative pumps for profit. Simply put, as long as the token is active and trading on the meme launchpad on SUI, the creator can earn profit from it.
Likewise, token stakers and $SHR0 stakers are also rewarded, encouraging a revenue-sharing loop. Every trade triggers a 1% fee, which will be distributed to:
- 30% to the token creator
- 25% to token stakers (community)
- 20% to $SHR0 stakers (governance participants)
- 15% to Moonbags for platform maintenance
- 10% to buy back & burn $SHR0:
Moreover, $SHR0 holders have access to an exclusive treasury that accumulates sell-side fees in all launched tokens. By burning $SHR0, holders can redeem a proportional share of this treasury, effectively investing in the success of the entire Moonbags ecosystem.
Multiple DEX Options for Token Migration
Many launchpads force token migration to a single DEX, limiting trading efficiency. However, at Moonbags, there are multiple high-volume SUI DEXs available for meme coin creators, such as Turbos and Cetus.
Therefore, token developers have the freedom to choose the exchange with the best liquidity conditions.
4 Easy Steps To Create Your Meme Coin On SUI Launchpad
Step 1: Decide Your Meme Coin Concept
Each meme coin should have its identity and purpose. So, you should first think of the idea for your token, which can be a pop culture reference, a trend, or anything viral on social media.
Remember that the more attention-grabbing and relatable your meme coin is, the more exciting and engaging the community will be.
Step 2 (Optional): Design Tokenomics
Next, determine the total supply and how your tokens will be distributed, like community rewards or airdrops. Extra features like burning mechanisms or access to NFT can also promote holding.
Step 3: Create Your Token
As mentioned, you can launch your token at Moonbags within 2 minutes without any coding. All you need to do is link your SUI wallet and type in the token name, logo, symbol, total supply, decimals, and a short description. Then, the token will appear in your wallet in no time.
Meanwhile, creating a token and adding liquidity directly to a decentralized exchange (DEX) requires decent code skills.
Step 4 (Optional): Launch the Token to the Market
To make your meme coin tradable, you’ll need to add it to a decentralized exchange (DEX) using a liquidity pool. Just set the trade fee percentage and confirm the transaction.
Fortunately, if you launch tokens on bonding curve platforms like Moonbags, you can skip this step.
FAQs
How Can I Make Money With Meme Coins On SUI?
Creators can benefit from their meme coins as their prices increase. Also, at Moonbags, users can earn money through both increase in price and the revenue-sharing mechanism.
How Much Does It Cost To Launch A Meme Coin on SUI?
It costs you 7.5 SUI on average to launch a meme coin on SUI. However, Moonbags only charges you 1 SUI for this.
What Is The Future Of Meme Coins On SUI?
It’s expected that more meme coins will be created on SUI in the near future, thanks to its low transaction costs, high speeds, and scalability.
Final Words
Finding a suitable meme launchpad on SUI plays a key role in the growth of your token. It decides if your coin can attract a committed and scalable community and how much profit you can make.
Ready to launch your own meme coin? Moonbags is here to help both small and big developers within a minute!
