MakeNowMeme’s account on X was briefly suspended and has since returned to service
MakeNowMeme– The social media platform X has temporarily suspended the account, which allowed users to create their own Solana-based memecoins just by tweeting. According to X, the account was suspended for violating platform rules.
MakeNowMeme’s official website announced, The @makenowmeme X account was suspended, and we’re working on restoring it. Minting will be paused for now. They added that they will update their website with a new solution soon.
MakeNowMeme enabled X users to launch their own memecoins by tweeting in a specific format: starting with a dollar sign and ticker name, followed by the token’s name, description, and an optional image or video. Users had to tag the suspended X handle to initiate the memecoin creation.
Similar to the successful memecoin platform Pump.fun, once enough users purchased a new token, its liquidity was listed on the decentralized exchange Raydium before being burned.
Earlier this week, Alex Svanevik, CEO of the on-chain analytics platform Nansen, launched a new token using. On X, Svanevik mentioned he was testing some tech a friend built and advised his followers not to ape his token.
According to Dexscreener, the memecoin IQ, created by the Nansen CEO, reached over $9 million in market capitalization on July 31. However, its market cap has since dropped quickly to about $300,000.
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