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Everyone is talking about #MoonPad @Moonpadlabs right now…
But the real question is: will this launchpad really stop rugs?
In case you don't know what MoonPad is - it's an upcoming launchpad going live on April 17. It is the first launchpad designed to focus on quality over quantity by implementing 1 SOL deploy fee or 5,000 USDC locked until the token reaches 1M+ market cap, at which point the dev can claim it back!
I don't think we will see fast rugs like those on pumpfun where devs rug for $20 profit. Also we won't see some guy from Bangladesh launching 100 tokens daily.
Of course it won’t protect from 100% of the rugs, but the range will be higher than on Pumpfun and it will be absolutely safer.
For a dev to make 1 SOL profit, the token must at least reach a 50k market cap. On pumpfun with free launches a dev can rug a token even at 4k market cap for $20 profit!
I expect a lot of traders will move to MoonPad, especially because it's safer and the trading fees are much cheaper than pumpfun (pumpfun is 1.25% and MoonPad is 0.3%).
The launch will be on April 17. I expect the first tokens there will be on fire, but let's see