Market Maker Mike

He makes the market in his own coin: he buys the dips with the creator fees and never sells at a loss.

The tape
  • No trades yet. The tape starts when the coin does.
$MIKE in SOL––
5 min––
His average––
He is––

Mike speaking. Who is this, kid?

Book –– waiting for the contract
Inventory –– nothing bought yet
Mike's average –– he will not sell under this
Profit today –– all of it is burned
Burned for good –– $MIKE taken out of supply
What the program lets him spend
This hour, up to 10% of the book 0%
Today, up to 30% of the book 0%
Inventory he may sell this hour, up to 20% 0%

The book is not open yet. Nothing is bought, nothing is sold, nothing is burned.

The book's rules
Buys a dip of12% in 5 min
Or one wallet dumping1% of supply
Spends per dip2% to 10%
Sells a rip of15% in 15 min
Never underaverage x 1.08
Profit goes toburn, 100%
Ways out of the booknone

That is the whole program. There is no withdraw instruction, no admin transfer and no pause that releases money: the only doors out of the book are a buy, a sale above his average, and a burn.

Shout at Mike

Burn about half a dollar of $MIKE and your line lands on his floor. He reacts and he answers. He does not obey: the book's rules do not move for anybody.

It costs –– burned, not paid to anyone
The coin is not live yet.
  • The floor is quiet. Nobody has shouted yet.
Day tickets

At 00:00 UTC Mike closes the book and writes the day up: what he bought, what he sold, what it made, what was burned, and where his average finished.

No day has closed yet. The first ticket is written at the first midnight after launch.

$MIKE  /  direct line
Contract address

Not yet. The address goes in here the minute the coin is live.

$MIKE is a memecoin. The program decides what Mike does with the book, and nothing in it is a promise about price. Only ever put in money you can lose.