A meme coin called BIPOLAR goes on sale on Tuesday at 5 PM UTC. It does not exist yet, so nobody can buy or check it. However, TikTok videos are already going viral, and a trading account has posted the exact minute.
How a Coin Like This Gets Made
BIPOLAR will be made on Pump.fun, a Solana-based launchpad where anyone can create a coin in a minute. No company, no product, no paperwork.
Each coin gets a long code, the only proof of which is real. Fakes copy the name within seconds, so nothing can be checked until Tuesday.
Announcing the exact minute sounds fair, but it is not. The coin is made by one computer instruction, and programs buy it in that same instant, while people cannot.
One free tool says so plainly.
“An open-source bundler for Pump.fun. Allows you to create a token and bundle it with 25 buys,” the team wrote on GitHub.
So the coin’s maker can buy a pile of it in the same breath. The tool promises “maximum protection against front-running, MEV and snipers.” This means protection for the maker, not the buyer.
Stock markets have rules for this. FINRA, the US brokerage watchdog, bans brokers from buying ahead of their customers. Pump.fun has none.
The price comes from a formula, not traders, and each purchase makes the next one more attractive. The first buyer pays the least. The TikTok audience arrives later and pays more.
Most of These Coins Are Dead Within a Day
In June, CoinGecko studied 18.67 million Pump.fun coins. Nearly 70% of all Pump.fun tokens were traded only on their first day. Never again.
The website is paid either way. Pump.fun and the maker together take just over a cent of every dollar traded. The investment firm Galaxy Research says these markets pay the machinery’s owners, not the people placing bets.
On Tuesday, some traders could ignore the price and instead focus on counting how much of the coin the first few wallets hold. If a handful own most, everyone else is buying their exit.
The post Viral TikTok Meme Coin BIPOLAR Launches Tomorrow. But There’s a Trap appeared first on BeInCrypto.
