Crypto Leaders Test New Meme Coin Launch Platform

A new platform, makenow.meme enables users to create meme coins directly via X (formerly Twitter) posts. This novel method has quickly captured the interest of the

Crypto leaders are testing out a new platform called makenow.meme, which allows users to create meme coins directly from X (formerly Twitter) posts.

The process is simple: users tweet a $ sign followed by the ticker name, describe the coin, tag @makenowmeme, and attach any relevant media.

“Coins may take a minute to deploy. Once deployed, we will reply to your tweet with the link to trade,” makenow.meme said.

Since its rollout on July 31, the platform has facilitated the creation of 4,229 meme coins.

The initiative has also attracted the attention of several crypto leaders, who are using the platform to launch their own meme coins.

For instance, Alex Svanevik, the CEO of crypto analytics firm Nansen, launched a meme coin called IQ, which quickly garnered a lot of attention—despite Svanevik’s cautionary remark.

“Testing some tech a friend built! Don’t ape this thing, goddamnit,” Svanevik posted on X

According to DEX Screener, IQ now boasts 2,950 holders and a market cap of $636,000, though it has declined by 84% since its inception.

Moreover, a Solana-based decentralized exchange called Raydium tested the platform by launching a meme coin called CTO.

This initiative led to a substantial profit for a quick-acting trader who turned an investment of 50 Solana (SOL) into 4,721 SOL—around $802,000—in merely an hour, as reported by Lookonchain.

Highlighting the extreme profit potential, albeit paired with substantial risk, in trading meme coins.

However, the journey has not been without its hurdles. Makenow.meme faced operational challenges when X imposed rate limits and temporarily suspended its account, leading to a pause in the tweet-to-mint function. Currently, the service has resumed, allowing users to continue minting and trading new meme coins.