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Sushi Launches its Memecoin Launchpad, Dojo

Twitter icon  •  Published il y a 1 semaine  •  Hassan Maishera

On Monday, the Sushi team announced via X that it had launched its memecoin launchpad, Dojo.

On Monday, the Sushi team announced via X that it had launched its memecoin launchpad, Dojo. With Dojo, tokens exist on Sushi V3 and don’t move anywhere else. The team assured that the meme coins don’t face the dumping after bootstrapping that other platforms do, and all liquidity is burnt so rugs cannot occur.

Using narrow-range liquidity on Sushi V3, Sushi can allow users to sell tokens without slippage. Instead of dumping on the market, users can provide liquidity sold as price rises, which causes no dumps. Whales, snipers, and teams can sell without large dumps.

Tokens will have a higher starting market cap of $15k. While this is a minute change from the $5k that other platforms start at regarding user experience, it makes it exponentially more expensive for snipers to steal tokens on launch.

SushiSwap is a Decentralized Finance (DeFi) liquidity provision platform that aims to be an evolution of Uniswap. SUSHI is trading at $0.575, up 7% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.