The Dojo Memecoin Launchpad, developed in collaboration with decentralized exchanges (DEXs) SushiSwap and Goat Trading, has launched.

The new memecoin launchpad went live on September 17th on the Base blockchain, after a week delay.

Currently, Dojo’s website is still unavailable. However, SushiSwap has released screenshots showcasing its design. The launchpad will include features commonly found on crypto exchanges.

Dojo release will be delayed 1 week until September 17th in order to ensure a clean and powerful launch, but in the meantime we think it’s time to give a quick sneak peek into the next generation of memecoin launchpads:

— Sushi.com (@SushiSwap) September 9, 2024

Dojo Memecoin Launchpad: What’s New?

According to SushiSwap and Goat Trading, the platform will function not only as a launchpad but also partially as a crypto exchange. One of the key features is the “auto sell” option, allowing users to automatically sell meme coins when they reach a certain price. In traditional trading, this is known as setting a sell limit order.

Liquidity will be provided by Sushi V3 on the Ethereum (ETH) blockchain. To ensure security and raise the entry threshold, users will be able to create meme coins with a market capitalization of at least $15k.

Imagine the next generation of memecoin launchpads…

✅ No Rugs, No MEV
✅ 0-Slippage Sells
✅ Gamified Tokens
✅ Auto Sell
✅ 40% Creator Kickback

Yeah, we’re building that with @SushiSwap 🍣

Buckle up 🚀 pic.twitter.com/oqimd13C4K

— Goat Trading (@GoatTradingDex) August 26, 2024

ETH and the GOAT native token will be the main cryptocurrencies on the platform. ETH will be used for transactions, while the GOAT token will play a role in the decentralized autonomous organization (DAO) aspect of the platform.

Will Dojo Replicate the Success of Sun Pump?

Memecoin launchpads are becoming a major trend in the crypto market. One popular example is Sun Pump, which operates on the Tron blockchain.

According to CoinGecko, Sundog (SUNDOG) is the largest meme coin in the Sun Pump ecosystem, boasting a market capitalization of $325.5 million. Over the past 30 days, SUNDOG’s price has surged by $517.

Another notable token is Sunday (SUNCAT), which belongs to the cat-themed meme coins and contrasts with SUNDOG. SUNCAT’s price has risen by 349% in the past month.

However, it is important to remember that the meme coin market is highly volatile. While Sun Pump has achieved significant success, there is no guarantee that Dojo will follow the same trajectory.