# Shitcoin İlgili Makaleler

HTX Haber Merkezi, kripto endüstrisindeki piyasa trendleri, proje güncellemeleri, teknoloji gelişmeleri ve düzenleyici politikaları kapsayan "Shitcoin" hakkında en son makaleleri ve derinlemesine analizleri sunmaktadır.

Rolling the Snowball in a Cold Market: How a Meme Coin Achieved 20x in 2 Days with an Automated Market-Making Mechanism?

**Summary: Snowball Meme Coin’s 20x Surge in 2 Days via Automated Market-Making Mechanism Amid a sluggish crypto market, the Meme token Snowball, launched on pump.fun on December 18, surged 20 times in value within two days, reaching a $10 million market cap—a rare success in the current bearish environment. Its core innovation lies in an automated market-making mechanism designed to create a "snowball effect." Typically, pump.fun tokens allow creators to collect a fee (0.5%–1%) from each transaction, often leading to devs cashing out and abandoning projects. Snowball redirects 100% of this creator fee to an on-chain market-making bot instead. This bot periodically: 1. Uses accumulated funds to buy back tokens, creating buy pressure. 2. Adds purchased tokens and corresponding SOL to the liquidity pool, improving depth. 3. Burns 0.1% of tokens per operation, inducing deflation. The fee rate fluctuates (0.05%–0.95%) based on market cap: higher fees at lower caps to accelerate fund accumulation, lower fees at higher caps to reduce transaction friction. The idea is that each trade fuels buy pressure and liquidity, not dev profits, theoretically creating a self-sustaining cycle: trading generates fees → fees fund buybacks → buybacks boost price → higher price attracts more trading. On-chain data shows 7,270 holders, with top 10 addresses holding ~20% of supply—relatively distributed. Trading volume reached $11 million in 24 hours, with buys slightly outpacing sells. Bybit Alpha listed the token within 96 hours of launch, signaling short-term hype. However, the mechanism relies on sustained trading volume to work. In a cold market with low activity, if new buys decline, the snowball effect could reverse. While it mitigates dev rug-pull risk, it doesn’t eliminate other Meme coin dangers like dumping, illiquidity, or narrative decay. Similar projects like FIREBALL are emerging, indicating growing interest in "mechanism-driven Memes," but past examples (e.g., OlympusDAO, Safemoon) show such models can collapse without continuous external inflows. In short: Snowball is a Meme first, an experiment second. The mechanism adds structural safety but doesn’t guarantee profits.

比推12/22 14:10

Rolling the Snowball in a Cold Market: How a Meme Coin Achieved 20x in 2 Days with an Automated Market-Making Mechanism?

比推12/22 14:10

2 Days, 20x: A Quick Look at the Automated Market Making Mechanism of the New Gem Snowball

The meme token Snowball" launched on pump.fun on December 18 and gained significant traction in the English-speaking crypto community, reaching a $10 million market cap within four days while largely flying under the radar in Chinese crypto circles. Its core innovation is an automated market-making mechanism: instead of the typical "creator fee" (usually 0.5%–1% per transaction) going to the developer’s wallet—a common setup that often leads to rug pulls—Snowball directs 100% of this fee to an on-chain bot. This bot periodically: 1. Buys back tokens to create buy pressure, 2. Adds the purchased tokens and corresponding SOL to the liquidity pool to improve depth, 3. Burns 0.1% of tokens to induce deflation. The fee rate also adjusts dynamically based on market cap (0.05%–0.95%) to balance accumulation and transaction friction. The idea is a "snowball effect": trading generates fees → fees fuel buybacks → buybacks may push price up → higher prices attract more trading. On-chain data shows 7,270 holders, with the top 10 holding ~20% of supply. Trading volume has been relatively balanced between buys and sells. However, the token remains highly speculative. While the structure reduces dev exit risk, it doesn’t eliminate other meme coin risks like low liquidity, narrative fatigue, or large holder dumps. Similar projects like FIREBALL are emerging, suggesting a trend toward "mechanism-driven memes." But as past examples like OlympusDAO and Safemoon show, complex tokenomics alone don’t guarantee sustainability—external demand and market conditions remain critical. In short: Snowball is a meme first and an experiment second. Its mechanism is interesting, but it doesn’t change the high-risk, speculative nature of meme coins.

marsbit12/22 10:42

2 Days, 20x: A Quick Look at the Automated Market Making Mechanism of the New Gem Snowball

marsbit12/22 10:42

活动图片

Project Updates

Industry News