Pacmoon, a popular meme coin, has made waves on the Blast Layer 2 blockchain. With four airdrop seasons completed, Pacmoon has become a favorite among meme coin enthusiasts. Recently, it achieved an all-time high price of $0.21, though it dropped to $0.022 before announcing its move to the Solana blockchain. This announcement led to a 60% gain in a few hours, pushing the price to $0.035, with a market cap of $16 Million.
As many of our followers were farming airdrops in the Blast ecosystem, we’re aware that many of you are holding $PAC. So let’s dive into this shocking move.
Why Pacmoon is Leaving Blast
Building on Blast has been a challenging journey for Pacmoon. The team believes that tokens, community, and culture are the keys to a blockchain’s success. However, Blast has not focused on these aspects. The system on Blast actively disincentivized native tokens and provided zero social support.
Click the image below to read the official announcement thread on X.
Why Pacmoon Chose Solana
For the past two months, the Pacmoon team has been exploring options like Ethereum, Solana, and Base. Each chain has its pros and cons. However, Solana stood out as the best place for meme coins this cycle. New retail traders are joining SOL, and crypto natives are rotating into it. SOL’s strength boosts every coin on its chain.
Some might argue that the memecoin space on Solana is saturated. However, strong communities are still emerging. Pacmoon believes it will be the next strong community because of its already established base of holders and creators. The past six months have been a rollercoaster, bringing the community closer together. With a stronger foundation, they can build even better on Solana.
Rebranding Pacmoon ($PAC) to $ARMY
Pacmoon is rebranding to $ARMY with a vision to take over the internet. The Pacmoon meme was too niche for their ambitious goals. In contrast, $ARMY is exciting, aspirational, and appeals to a broader audience. The team never truly loved the Pacmoon IP but didn’t have time to improve it. An intern created a character called Pacnub, which quickly became more popular than Pacmoon.
The community started posting more about Pacnub than Pacmoon. As a result, the logo is switching to an improved version of Pacnub. The rebrand to $ARMY and the new character are seen as 10/10. This change will enable the project to achieve greater success.
What You Need to Do
To participate in the transition:
- Burn your $PAC on the Pacmoon website before August 14th.
- You will be airdropped $ARMY on Solana on August 15th.
- The team will remove funds from the PAC/WETH liquidity pool before the burn ends and deploy them to the ARMY/SOL liquidity pool.
- If you are supplying liquidity to PAC/WETH, take out your funds and get ready to deploy them on Solana.
- If you have funds on Wasabi or Blaster Swap, withdraw your WPAC and XPAC into PAC before burning them.
- For every 1 $PAC you burn, you will receive 10 $ARMY on Solana. The total supply will be a maximum of 4 billion $ARMY.
Final Words
Pacmoon’s journey from Blast to Solana and the rebrand to $ARMY is an exciting new chapter. This move is set to strengthen the community and provide a better foundation for growth. Don’t miss out on this opportunity. Visit Pacmoon.io to burn your $PAC and get ready for the next big thing in meme coins.
This transition represents a significant step forward. Embrace the change, join the $ARMY, and let’s take over the internet together!
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You might also like our blog about dog-inspired meme coins, or, our guide to Base Meme coins.
