The post PancakeSwap introduces SpringBoard, its own meme token launch platform appeared on BitcoinEthereumNews.com.

PancakeSwap, the main decentralized exchange on Binance Smart Chain, will launch its own meme token launchpad, SpringBoard. Memes are already present on Binance Smart Chain, but the new platform will offer a code-free experience similar to Pump.fun.  Until recently, PancakeSwap was a tool to bootstrap new tokens, and Binance Smart Chain was used for multiple high-profile memes. Now, PancakeSwap will carry its native platform for meme tokens, following the model of Pump.fun.   The new platform, however, will allow anyone to create tokens without any coding experience. The new tool will be called PancakeSwap SpringBoard and will feature zero-fee tokens. The platform will use the CAKE token for building liquidity pairs.  1/5🐰Introducing PancakeSwap SpringBoard: The all-in-one platform to create and launch your project’s token on @bnbchain PancakeSwap ⚡No Coding💸Zero Launch Fee🔗Multi-Token Pairings🧑‍🌾Boost Liquidity with CAKE 👉Create now https://t.co/GTZ2heWbzy 📚More… pic.twitter.com/pmuBcO3xde — PancakeSwap (@PancakeSwap) December 4, 2024 The platform already has 10 tokens with liquidity in BNB tokens since it launched. The meme platform was created just as BNB Coin (BNB) began trading at a new all-time high above $780. BNB even flipped Solana to become one of the top 5 tokens based on market capitalization. SpringBoard has an early leader, with Cava token already accruing $116K in market capitalization. The token appreciated by more than 362K%. Other new assets on the platform saw similar rapid expansions.  SpringBoard follows the Pump.fun zero-fee model SpringBoard will copy Pump.fun’s model. Each token will be generated for free and will trade in the bonding curve stage. Once the required liquidity is deposited, the pair will move to PancakeSwap. In addition to CAKE, token creators will be able to raise liquidity in BNB or USDT.  The only payment will be the seeding fee, which will accrue based on a token’s available liquidity. Once a meme…

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Filed under: News - @ December 4, 2024 2:22 pm