New Solana launchpad, Token Mill, bets traders (mostly) care only about price pumps

Token Mill, set to launch on Thursday at 16:00 UTC, focuses on token price increases to attract microcap traders, ignoring fair launches and community features.

The “King of the Mill” mechanic categorizes tokens into three market-cap tiers, promoting competition and using fees from transactions to enhance price spikes for winning tokens.

By leveraging volatility, Token Mill aims to create a self-sustaining ecosystem for traders, with continuous opportunities for price pumps as competitors vie for market share.

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