From Pump.fun to MemeX: Issuing Tokens Without Coding, Is MemeCore One Step Ahead?

Key Takeaways

• MemeX and MemeCore are leading a new narrative in MemeFi, combining the scalability of Layer 1 public chains with viral token issuance mechanisms.

• The M token (M/USDT) is the core of the entire ecosystem, used for governance, Gas fee payments, Launchpad token issuance, and more.

• A complete suite of functional dApp ecosystems, including MemeX Launchpad and M-Stake.

• MemeCore is not just a technical public chain but also integrates Meme culture, aiming to compete head-on with top Meme coin projects and foundational chains.

Today's Meme coin market is no longer just about 'meme hype'. MemeX and MemeCore are taking Meme coins to the next stage — integrating Meme narratives with real on-chain infrastructure. The core of the entire ecosystem is the M token (M/USDT spot trading pair), which is indispensable for token issuance, staking, and governance voting.

The goal of this ecosystem is clear: to empower creators and communities by providing Meme tools that are truly usable, profitable, and sustainable. If you're not yet familiar with MemeX, MemeCore, or the role of the M token, this guide will quickly bring you up to speed on all the core information.

Overview of MemeCore and MemeX (M) Projects

What is MemeCore?

MemeCore is a Layer 1 blockchain specifically designed for Meme assets, not relying on traditional public chains like Ethereum but tailored from the ground up for the Meme economy, providing a complete set of native tools to make Meme token creation faster, simpler, and more scalable.

Image Credit: MemeCore Homepage

Core features include:

• MRC-20 standard: A token protocol specifically designed for viral content.

• High speed and low fees: Fast transactions and low costs, suitable for frequent interactions and small operations.

• Community-friendly: Infrastructure optimized for Meme communities and marketing activities.

The philosophy of MemeCore is straightforward: as long as you have a good meme or a good story, you can easily issue tokens without writing code or spending a lot of money.

What is MemeX?

MemeX is the first and most important application on MemeCore, equivalent to a Launchpad for Meme projects and community-building tools. Want to issue tokens? MemeX provides a zero-barrier path.

Image Credit: MemeX dApp Interface

The highlights of MemeX include:

• Zero-code token issuance: No need to write smart contracts, just a few clicks to issue MRC-20 tokens.

• Fully on-chain: All token issuance processes are transparent and permissionless.

• One-stop tools: Built-in liquidity and trading functions, allowing tokens to be traded immediately after issuance.

If you're familiar with Pump.fun or CoinList, MemeX has a similar positioning but is a completely self-developed, independent platform with its own chain. It allows Meme projects to go beyond 'hype' and have complete on-chain utility, defining the so-called new track of MemeFi.

M Token Economic Model, Distribution, and Burn Mechanism

Uses of the M Token

In the MemeCore and MemeX ecosystem, the M token is the 'fuel' for all core functions. Whether you want to issue tokens, pay fees, participate in staking, or governance voting, M is the key.

You can use M to:

• Pay Gas fees on the MemeCore blockchain.

• Participate in MemeX's token sales or whitelist purchases.

• Earn rewards and gain priority participation rights through M-Stake staking.

• Participate in governance voting for community or ecosystem development proposals.

Total Supply and Distribution of M Tokens

Total issuance: 5 billion M tokens

Image Credit: MemeCore Docs

Burn Mechanism and Price Discovery of M Tokens

To curb inflation, MemeCore has adopted a deflationary mechanism: whenever someone uses M tokens to participate in token issuance or call dApp functions, a portion of M is permanently burned and removed from circulation. This mechanism helps reduce supply, increase scarcity, and indirectly reward long-term holders.

The most actively traded pair is currently the M/USDT spot trading pair, which has been listed on some centralized and decentralized exchanges. As the ecosystem matures, the use cases and market popularity of the M token are also increasing, becoming more prominent in both the meme and DeFi spaces.

Funding Rounds and Investors of MemeCore

Image Credit: CryptoRank

Core Applications and Ecosystem dApps of MemeCore and MemeX

MemeCore is building a full-stack Meme project ecosystem, whether you're a creator, community member, or new user, you can easily get started with token issuance, interaction, and trading. In this ecosystem, several key dApps are developed around the M token, providing actual functional support.

MemeX Launchpad Token Issuance Platform

MemeX is the main entry point to the MemeCore ecosystem, especially suitable for Meme creators and users who want to try issuing tokens. You don't need coding skills or experience in deploying contracts; as long as you have creativity and a little M token, you can get started with your community.

Highlight features:

• Zero-code, fully on-chain: Issue tokens with just a few clicks on the front end, completed in minutes, with contracts fully deployed on-chain without review.

• Runs on M tokens: Each token issuance requires payment in M tokens; the more it's used, the higher the value of M.

• Accessible to everyone: Whether you're an individual or a small community, MemeX provides an extremely low barrier to token issuance.

Image Credit: MemeX dApp Interface

M-Stake Native Staking System

M-Stake is MemeCore's official staking system, covering network-level validator staking and dApp-level MemeX application staking.

• Network-level validator staking: Delegate your M tokens to validators (completed through system contracts) to receive up to 75% block rewards. Each validator needs to self-stake at least 7 million M tokens to go online. Entirely on-chain operations, staking/redemption at any time, no third party required.

• MemeX in-app staking: Stake M in MemeX to receive equivalent $stM (staked M). Holding $stM accumulates XP, improves leaderboard rankings, and may unlock exclusive benefits like MemeX sale whitelists.

• Transparent and traceable on-chain: Regardless of the staking method, everything is completed on-chain with public records, making rewards clear at a glance.

Image Credit: M-Stake Interface

MemeCoreScan and MemeCoreBridge

• MemeCoreScan: MemeCore's native block explorer, supporting viewing token issuance records, on-chain transactions, wallet assets, user activity, etc., with functions similar to Etherscan on Ethereum, making all data clear at a glance.

• MemeCoreBridge (coming soon): Bridges assets for ETH and SOL users, allowing more liquidity to enter the MemeCore ecosystem, including MemeX issuance projects and liquidity pools.

Image Credit: MemeCoreScan

How to Participate in MemeCore and Obtain M Tokens

Joining the MemeCore ecosystem is very simple, whether you're a Meme creator or just a user interested in M tokens, you can easily get started. Even better, early participants have the opportunity to receive airdrops, testnet rewards, and even a voice in community governance. Here's how to participate:

Buy M Tokens

• You can directly buy M tokens on XT.COM, where the M/USDT spot trading pair and M/USDT perpetual contract trading pair are currently available. Additionally, M tokens are also listed on some other exchanges; before depositing, it's recommended to confirm whether the other party supports the MRC-20 network.

XT.com M/USDT spot trading pair

Set Up a Wallet

• Currently, it's recommended to use a MetaMask wallet with custom RPC to connect to the MemeCore network. The official native wallet is also under development, promising a smoother and more localized experience in the future.

Cross-Chain Bridging and Staking

Once cross-chain functions are live, you'll be able to bridge assets like ETH and USDT from Ethereum or Solana networks to MemeCore. After bridging, you can:

• Stake M: Stake through the M-Stake platform to earn rewards while helping maintain the security of the MemeCore network.

• Participate in token issuance: Use M on the MemeX Launchpad to initiate your own MRC-20 Meme token projects.

The opening of cross-chain bridges will further expand MemeCore's user base and liquidity entry points, attracting a large amount of capital and communities from mainstream public chains.

Competitive Analysis of MemeCore and MemeX

Advantages of MemeCore and MemeX

MemeCore and MemeX have carved out a differentiated path by creating a dedicated Meme foundational chain. They didn't attach themselves to other public chains but built a complete Layer 1 architecture for MemeFi from scratch, with MRC-20 as the core standard, integrating token creation, trading, and governance functions, offering the following advantages:

• Complete control over infrastructure, not limited by other chains.

• Lower fees and faster transaction confirmation speeds.

• Platform activities are deeply tied to M usage, forming a virtuous cycle.

• MemeX allows anyone to issue Meme tokens without barriers.

Dogecoin (DOGE)

Dogecoin (DOGE) is the earliest Meme coin, positioned for easy payments but with limited functionality:

• No smart contracts.

• No token issuance platform.

• No supporting applications.

• Strong brand, weak technology.

Shiba Inu (SHIB)

SHIB is based on Ethereum and has achieved some success in communities and NFTs but is highly dependent:

• Lacks an independent public chain.

• No native launch tools.

• High Gas fees, poor scalability.

Bonk (BONK)

BONK, the hottest Meme project on Solana, focuses on community participation:

• Built on Solana, with advanced technology.

• No dedicated token issuance function.

• Primarily used as an incentive tool.

Image Credit: DailyDot

Pump.fun (PUMP)

PUMP is a Meme launch platform, quick to list tokens, with flexible gameplay:

• Low barrier, fast speed.

• Completely reliant on Solana's technology and ecosystem.

• Lacks long-term token mechanisms and platform scalability.

Image Credit: BleepStatic

Risks and Considerations of M Tokens

Although MemeCore and the M token bring many innovative features, there are some potential risks to be aware of before participating:

Low Liquidity

• As a new ecosystem just starting, M's trading volume is slowly accumulating, making prices susceptible to large buy/sell orders and more volatile.

Smart Contract Vulnerability Risks

• MemeX is an open token issuance platform where anyone can create tokens, meaning some community tokens may have code vulnerabilities or be maliciously exploited.

Regulatory Uncertainty

• Meme tokens and launch platforms have been under regulatory scrutiny; future policy tightening could affect the use or circulation channels of M tokens.

Emotion-Driven Market Cycles

• Meme coins are easily influenced by public opinion and trends, with prices potentially skyrocketing due to sudden popularity or rapidly falling as topics cool.

Future Outlook for MemeCore and MemeX (M)

MemeCore and MemeX aren't following the old path of traditional Meme coins 'relying on hype' but are solidly building infrastructure, providing creators and communities with truly usable tools. This strategy has given them a head start in the new narrative of Meme DeFi, 'MemeFi'.

Overall, the prospects for the M token can be described as 'cautiously optimistic':

• Independent Layer 1 mainnet already launched.

• Core applications like MemeX and M-Stake.

• Clear roadmap, focusing on users and utility.

As more users seek convenient, secure Meme token issuance platforms, MemeX has the opportunity to become the 'token issuance gateway' in Web3. However, platform development, token listing situations, and community participation will be key factors. In this market where Meme coins come and go quickly, what MemeCore aims to build is an ecosystem that stays. If this vision is realized, it could become a cornerstone of the entire MemeFi world.

Frequently Asked Questions (FAQs) About MemeCore and MemeX

1. What is MemeCore?

MemeCore is a Layer 1 blockchain specifically designed for Meme assets, using its self-developed MRC-20 standard to support token issuance and trading.

2. What is MemeX?

MemeX is the core dApp on MemeCore, equivalent to a Meme token launch platform. Users can create and list their own tokens without programming, and also trade.

3. What is the use of the M token? M is the 'fuel' of the MemeCore ecosystem, used to pay on-chain Gas fees, stake for rewards, participate in token issuance, and community governance voting.

4. Where can I check the price of M and trade M/USDT?

You can check the price and trade the M/USDT spot trading pair on XT.COM and other exchanges that support M, or directly operate through MemeCore's native dApps.

5. Is M deflationary?

Yes. When users use M on-chain to participate in token issuance or trading, some tokens are burned, gradually reducing the total circulating supply over time.

6. Where can I follow the latest project updates?

You can learn about the latest developments of MemeX and MemeCore through the following official channels:

• Official website: https://memecore.com, https://memex.xyz

• Official X (formerly Twitter): https://x.com/MemeCore_ORG, https://x.com/MemeX_MRC20

• Official Discord community: https://discord.gg/memecore