The face of cryptocurrency is dynamic, with meme coins being part and parcel of this digital world. If one were to go to the headlining end, then websites like Pump.fun and Moonshot would appear. This article contrasts these two special projects by going through their features and trading strategies, along with advantages so you can choose which one would work the best for you.
What is Pump.fun?
Pump.fun is a Solana-based launchpad for creating and trading memecoins. Even with its very user-friendly interface, the platform never becomes too difficult for anyone to use, despite one’s technical knowledge. The platform focuses on fair launches with low fees and high community engagement, gathering a large following of users.
Key Features of Pump.fun
Fair Launches: Pump.fun ensures a level playing field by removing pre-sales and insider allocations.
Low Fees: It uses low fees by Solana for transactions, rendering it very affordable to trade all.
Liquidity Provision: When a token’s market capitalization hits $69,000, $12,000 liquidity is given to Raydium and burned. This makes the token more stable and credible.
How Pump.fun Works
Creating a Token: Creating one’s tokens is as simple as connecting a Solana-compatible wallet, filling in the details required, and payment of a small amount of 0.02 SOL.
Trading: Selling and buying tokens is allowed through the dynamic bonding curve of this platform, which allows users to tune prices and set slippage percentages to have smooth transactions.
Pump.fun keeps its running process by charging 1% of trades, along with a further 2 SOL for listing tokens on Raydium and the tiny fee for creating tokens.
What is Moonshot on DEX Screener?
Moonshot is a feature in DEX Screener that seeks to help traders discover and get in on trending meme coins in time. Moonshot gives an all-round view of new and rising tokens, thereby enabling traders to establish profitable opportunities even before they go mainstream.
Core Features of Moonshot
Trending Feed: Moonshot’s core feature is a trending feed ranking coins by bonding curve completion—this rating criterion identifies tokens picking up speed.
Liquidity Migration: When the market cap of a token reaches 500 SOL, the remaining tokens and liquidity automatically migrate to Raydium to ensure seamless trading experiences.
Fair Launch: The removal of presales and insider allocations opens up equal opportunities for all.
How to Use Moonshot: A Step-by-Step Guide
Finding New Coins Go to the Moonshot page on DEX Screener and filter coins using tabs such as “Trending,” “Top,” “Rising,” “New,” or “Finalized”.
Coin Analysis: With a single click on any coin, you’ll have charts, bonding curve progress, market capitalization, and transaction history in front of you. Keep an eye on the percentage of its bonding curve to know liquidity.
Setup Trades: You will be asked for your Phantom wallet connection, setting up the amount and the slippage percentage, then clicking “Buy” or “Sell.” Check the transaction in your wallet.
Trading Improved with Trojan on Solana
Trojan is a Telegram bot operating on Solana that takes trading on Moonshot to the next level with DCA orders, limit orders, and automatic wallet copy-trading.
How to Use Trojan:
Setup: Fund your Trojan wallet by sending Solana to the address provided.
Find the Contract Address: Paste the contract address on Trojan, select your settings and hit “BUY” to execute trades.
Conclusion
While both Pump.fun and Moonshot have compelling features for meme coin trading, they satisfy different areas of the market:
Pump.fun excels with the simplicity of creating tokens, fair launches, and great community involvement. It’s for those wanting to just create and trade tokens with the least amount of hassle possible.
On the other hand, Moonshot offers a very solid platform for the early discovery of trending coins through its uniquely designed bonding curve system and liquidity migration feature—just perfect for traders who want to ride emerging opportunities quickly.
Maximize users’ chances of winning in this wild west of meme coins, whether creating tokens on Pump.fun or sniping new launches on Moonshot. Keep yourself up-to-date and trade responsibly.
Happy trading!
