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Turbos Fun Sui Meme Coin Launchpad Getting Started Guide
In the ever-evolving world of Sui blockchain decentralized finance (DeFi), the launch of new platforms and products is always an exciting event. Recently, Turbos Finance, a prominent player in the Sui DeFi ecosystem, unveiled its highly anticipated fair launch meme coin platform, Turbos Fun. In this tutorial, we’ll take a closer look at Turbos.Fun and go through the process of buying a token that’s still on the bonding curve.
What is Turbos Fun?
Turbos Fun is a fair launch Sui meme coin platform developed by Turbos Finance, one of the original decentralized exchanges. Similar to Pump.Fun on Solana, It aims to provide a transparent and accessible way for users to launch new Sui meme coins. Unlike traditional meme token launches, Turbos.Fun utilizes a fair launch model, which means there are no pre-sales, free allocations to teams, or upfront fees for creators.
How Does Turbos Fun Work?
The Turbos Fun Sui meme coin platform operates on a simple, 5-step process:
- Connect your Sui Wallet (now Slush Wallet) to Turbos.Fun and find tokens on the bonding curve that you like.
- Buy tokens of interest to you that are on the bonding curve.
- You can buy or sells your Sui meme tokens at any time while on the bonding curve to lock in profits or losses.
- When 6,000 $SUI is raised on the bonding curve, the token’s liquidity pool is migrated to Turbos Dex, where it becomes tradable.
- The initial liquidity on the Turbos Dex is permanently locked or burned. If the liquidity is locked, the meme coin dev team can earn fees. If the team decides to burn the liquidity, then they cannot earn fees. In my opinion, a new Sui meme token launching on Turbos Fun has a much better chance to succeed if they choose to Burn the LP.
It’s easy to create new Sui meme tokens on Turbos.Fun. I recommend going with the “Burn your LP” option.
Turbos Fun’s five-step process aims to provide a level playing field for both meme coin traders and creators, by eliminating opportunities for unfair advantages.
The Turbos Fun platform is designed with user experience in mind. The interface is clean and intuitive, making it easy for both experienced and novice Sui meme coin traders to navigate. Users can explore the platform by sorting tokens by trading volume, creation time, or market capitalization.
Each token listed on Turbos Fun includes key information, such as the project description, contract address, charts, and social media links. This allows users to do their own research and make more informed decisions. In addition to the information found on Turbos Fun, I recommend also utilizing top Sui explore SuiVision to gain even more insight before deciding to buy a me token on the bonding curve. Simply copy the token’s contract address and paste it into SuiVision explorer to see key metrics like Holder Count and how decentralized the percentage of the tokens owned is, in relation to the holders.
Turbos Fun includes a “Portfolio” section to easily track the Sui meme coins you hold. To access the Portfolio on Turbos.Fun, click on your wallet address at the top-right side of the page.
The “Rankings” page of Turbos Fun is broken down into 2 sections… On the left-side of the page you’ll see the leading Sui meme tokens “Racing on the Bonding Curve”. Turbos will sort it by Market Cap and will clearly show how much further they have to go to reach the 6,000 $SUI benchmark. On the right-side of of the Turbos Fun “Ranking” page you’ll see the tokens that have successfully completed the bonding curve. Their liquidity has been moved to the Turbos decentralized exchange and they are visible to all Sui ecosystem traders on Dex Screener.
Final Thoughts on Turbos Fun Sui Meme Token Platform
Turbos Fun’s fair launch model has potential to attract a wide range of meme coin traders from other blockchains like Solana, Avalanche, Sei, and Fantom to the Sui ecosystem. It’s super clean interface, fair launch transparency, and strong reputation (Turbos Finance) put it in position to succeed long-term.
The launch of Turbos Fun and now MoonBags are exciting additions to the Sui AI and meme coin trading ecosystem. Offering a fair and accessible platform for launching new projects, Turbos.Fun is positioning itself as a leader in the Sui meme coin trading space. Please remember that meme coins are extremely risky and I recommend never trading with more $SUI than your willing to loose. Meme token launchpads on Sui or any blockchain are as degen as it gets in crypto so always exercise extreme caution and know that the vast majority of tokens launched will go to zero. Top Sui ecosystem utility tokens like $WAL, $CETUS, and $DEEP offer similar upside with less risk. If you found this Turbos Fun tutorial helpful, please consider Subscribing to the Stouy Crypto Youtube Channel and leave a comment below. Thanks for taking time to check us out and happy trading!
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.
