VISTA token increased 7 times in three days because of a low-threshold Pump.fun?
As a young platform, Etherfun still needs time to validate the reliability and security of its mechanisms.Author: Shenchao TechFlow
Recently, the ETH/SOL exchange rate has hit a new low, and ETH is facing FUD across the network. This scenario has played out before. In August of this year, ETH also faced ridicule, with the slogan "ETH down, SOL up" gradually gaining traction. The similarity between this time and the last is not only the ridiculed ETH but also the $Vista, which surged amidst a wave of FUD.
Yes, at the beginning of September, the mainnet beacon $VISTA revived the market on its own, and this time the price directly broke through the previous high, reaching nearly 70 million dollars in market value, with a weekly increase of over 700%.
$VISTA is the token of the new DEX Ethervista based on Ethereum. With various innovations, Ethervista's biggest selling point at its launch in September was "a Uniswap that can give users dividends." For a detailed introduction to Ethervista, see the article: $VISTA Dark Horse Emerges, Ethereum DeFi Savior or a Flash in the Pan?
However, with the recent surge of meme trends and ETH gradually losing momentum, the market's interest in Ethervista has also waned. For a long time, the price of $Vista was relatively sluggish, hovering around 5 million dollars in market value. On October 28, Ethervista announced its own "Pump.fun" ------ "Etherfun" officially launched, a meme pump application of its own on the mainnet, which, combined with the price trend, may be the main reason for the rise of $VISTA.
Ethervista + Pump.fun = Etherfun?
The benefits of creating a pump-type application are undoubtedly clear, with Pump.fun earning millions of dollars daily being the best example.
So, for the innovative Ethervista, what are the differences between their Etherfun and Pump.fun? We have summarized the key points from the official documentation:
- Lower Token Launch Threshold
Etherfun has optimized the launch settings of the Bonding Curve, requiring only a target value of 4,000 dollars (approximately 1.5 $ETH) for the token, at which point the platform will automatically establish a liquidity pool on Ethervista. In contrast, Pump.fun's target value is 12,000 dollars.
- Low Creation Costs and High Purchase Incentives
Etherfun has adjusted for the high Gas fees on the ETH network. The initial cost paid by creators is nearly zero (1-2 dollars), while transferring the Gas fees to the first and last buyers, who receive corresponding compensation: the first and last buyers each receive a reward of 2% of the pool (approximately 0.03 $ETH).
- Liquidity Management
In terms of liquidity management, Etherfun introduces a permanent locking mechanism, with liquidity locked on the Ethervista platform after project completion. The profits generated from transactions are proportionally distributed to creators and liquidity providers (creators and LP providers earn about 5 dollars per transaction), which differs from Pump.fun's conventional liquidity management approach.
- Ecosystem Integration
Etherfun is deeply integrated with the Ethervista ecosystem, with part of the LP fees used to buy back and burn $VISTA tokens.
Etherfun is now live, what to play?
Currently, Etherfun has gone live, and based on market value performance, it may still be in its early stages, which carries certain risks. Here are two projects that have interacted with Ethervista officially, listed by market capitalization for reference.
Note: Meme token prices are highly volatile and carry significant risks. Investors should fully assess risks and participate cautiously. This article is merely a sharing of information based on market trends, and the author and platform make no guarantees regarding the completeness or accuracy of the content, nor does it constitute any investment advice.
$PUPIL: The First Meme of Etherfun
Contract Address:
0xd81e97027c21366ead8e37428b3c033e95a7adc2
24H Trading Volume: 460,000 dollars
Current Market Value: 5 million dollars
Highest Market Value: 6.2 million dollars
$PUPIL is the first ticker launched by Etherfun, officially promoted by the team. As $VISTA rose, $PUPIL reached a peak market value of 6 million dollars.
$CABI
Contract Address:
0x6A064c1B4A0432c5d7Df441759E4E256F21af8BA
24H Trading Volume: 100,000 dollars
Current Market Value: 300,000 dollars
Highest Market Value: 385,000 dollars
An original meme from Etherfun, actively interacting with projects like $BONZI in the Vista ecosystem, with the official team also retweeting and interacting with the project.
Summary: The Ecosystem is Still in Its Early Stages, Potential Value Pit or Low Market Value Trap
As of the time of writing, the price of $VISTA has approached 70 dollars. Although the token price has skyrocketed, Etherfun, which is the focus of this ecosystem update, seems to lack heat. Besides the leader, the market performance and trading volume of various tokens are mediocre. It even requires the official team to "step in and promote."
It may be that the market has not yet recovered from the Solana craze, or that the quality of the Etherfun project itself is not sufficient to attract a large influx of attention. In any case, as a young platform, Etherfun still needs time to validate the reliability and security of its mechanisms. Although it shows many innovative advantages in theoretical design, the actual operational effectiveness and long-term development potential still need to be tested by the market. Investors are advised to maintain rational judgment and reasonably assess risk and return when participating.
