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From $lowb 's myth of ten thousand times @loser_coin (the highest market cap breaking through 80 million USD) to $pogai 's hundredfold frenzy @_pogai_ (market cap once approaching 20 million USD), the project that understands "self-deprecating culture" best has returned with new moves!
This time, they chose to launch a new token on the Memepult platform of the Ethereum chain: #Pujie ($PUJIE)!
Since it's destined to "fail," why not enter early at the bottom of the curve!
This is a purely speculative meme coin recently launched on the #Memepult platform through the Bonding Curve mechanism, named after the Hong Kong/Cantonese word "puk gai" (failure, ruin), a typical self-deprecating ironic meme.
How to participate (operation process)
Visit the website: Click Mint
CA: 0x7f3e70237b1e63954f5a8558ba30770572cd1111
Selling method: On the same page, click Burn to sell at the current curve price.
Note: Ethereum Gas fees are high; early small transactions may not be cost-effective.
Memepult features:
Uses a classic Bonding Curve model
Lower prices for early purchases, with subsequent buy-in prices increasing exponentially
After reaching a certain market cap/curve endpoint, liquidity will be migrated automatically or manually to Uniswap
Detailed mechanism analysis
Green curve (Supply): Token supply increases with cumulative ETH
Yellow curve (Mint): Minting price (buy-in price) increases exponentially with cumulative ETH
Core rules:
Extremely cheap early: the first buyers have the lowest costs.
Price rises with buying: each time someone buys with ETH (Mint), the price is pushed higher.
Curve mathematical model: usually exponential or logarithmic (approaching a pure mathematical ceiling of 21 million in the chart).
Final migration: when the curve reaches a certain stage (usually a target market cap or reserve fund), the platform will move the accumulated ETH + some tokens as liquidity to Uniswap.
Sell anytime: users can Burn (sell) tokens at any time to get back ETH (at the current curve price).
Advantages and disadvantages of this mechanism:
Advantages:
Relatively fair (no pre-mining, no large team holdings)
Early participants have clear advantages
Transparent price discovery mechanism
Disadvantages:
High cost for late buy-ins
If no one takes over, the price can crash quickly
Risks of snipers (bots) and whale manipulation still exist
What exactly is this project doing?
Essentially: a pure meme coin speculative game with no real business.
No team
No product (no app, no roadmap, no utility)
No income (completely relies on new funds coming in)
Core driving forces: the meme attribute of the name + early FOMO + the price increase expectation from Bonding Curve
A typical early Bonding Curve Meme, a high-risk, high-volatility asset.
#BondingCurve #Ethereum