@bestcryptotwits
Yo this is clown ass status. Coinbase, zora, all of it.
I can mint an SPL-22 with custom features (transfer tax or interest bearing or just immutable) for 0.005 SOL which is like $0.45, then seed liquidity on Orca for .02 SOL fee ($1) then add liquidity on Meteora for like 0.03 SOL fee ($1.5) and and add my own SOL liquidity, with as little as like $10, tradable on Jupiter within a few mins, maybe $15 total expense.
Its crazy because its actually cheaper to do all these liquidity mechanisms on Base chain, that's why theres no fee to posting Zora Content Coins, but on Solana there is a different fee mechanism called 'token acoount rent' paid for every new SPL token you swap, so each new Content coin will cost 0.002 SOL to tokenize, literally $0.17 to initialize AND and anyone who buys will have to pay that extra 0.002 SOL too, where you don't have to pay your own token account rent on Base chain, on base chain its just transaction fees that are currently cheaper than Solana!
Coinbase curbing their own chains potential and use case.
Actual clown show, a circus act.