Author: TechFlow
Recently, the ETH/SOL exchange rate has fallen to 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 in the midst of fud.
Yes, $VISTA, the light of the mainnet that single-handedly revived the mainnet market in early September, has risen again, and this time the price has directly broken through the previous high, reaching a maximum market value of nearly 70 million US dollars, with the highest increase this week exceeding 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 first launched in September was “Uniswap that can give dividends to users”.
However, recently, Meme has been hot, ETH has gradually lost its momentum, 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?
There is no need to explain the benefits of making a Pump application. Pump.fun, which earns millions of dollars a day, is the best example.
So what is the difference between Etherfun and Pump.fun from Ethervista, which focuses on innovation? We briefly summarize the key points in the official documentation:
The threshold for token launch is lower
Etherfun optimized the launch settings of Bonding Curve. The token only needs to reach a target value of $4,000 (about $1.5 ETH) before 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 to the high gas fee problem of the ETH network. The initial cost paid by the creator is close to zero (1-2 USD), and the gas fee is transferred to the first and last buyers, while giving corresponding compensation to the first and last buyers: 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 creator and the liquidity provider (the creator and LP provider receive approximately $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 fees are used to repurchase and destroy $VISTA tokens
Etherfun is now online, what to play now?
Etherfun is currently online. Judging from its 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 as a reference, ranked by market value.
Note: Meme token prices fluctuate drastically and there is a high risk. Investors should fully assess the risks and participate with caution. This article only shares information based on market hotspots. The author and the platform do not guarantee 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
Peak market value: $6.2 million
$PUPIL is the first Ticker launched by Etherfun. The official tweeted to promote it. As $VISTA continued to rise, $PUPIL reached a market value of $6 million.
$CABI
Contract address:
0x6A064c1B4A0432c5d7Df441759E4E256F21af8BA
24H trading volume: $100,000
Current market value: $300,000
Peak market value: $385,000
Etherfun's original meme actively interacts with projects such as $BONZI in the Vista ecosystem, and the official also forwards and interacts with the project parties.
Summary: The ecosystem is still in its early stages, and it may be a value depression or a low market value trap
As of the time of writing, the price of $VISTA is close to $70. However, although the price of the coin has skyrocketed, Etherfun, the focus of this ecological update, does not seem to be very popular. Except for the leading tokens, the market value performance and trading volume of various tokens are mediocre. It even requires the official to personally "call the order".
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, the actual operation effect and long-term development potential have yet to be tested by the market. Investors are advised to maintain rational judgment and reasonably evaluate risk and return when participating.
