$elijah on base

SUPPLY: 1 TRLN | BURNED: ~42% | HOLDERS: ~4,5K | ATH $3.64M

DS | BLX | PHO | GMGN | EXP 

LAUNCH

On April 2, 2024, Elijah Wheel launched his meme coin with the ticker Elijah on the Base network. He did this rather clumsily and with numerous mistakes. His thirst for fame prevented him from focusing on proper execution, so he decided to use a no-coding service tokepad.xyz to launch the coin. The mistakes he made subsequently contributed to the token's popularity:

• Elijah added only a small amount of liquidity: 0.1 ETH.

• He failed to lock the liquidity because tokepad.xyz did not issue LP tokens.

• He set an enormous supply of 1 trillion tokens.

• He distributed very large airdrops to the holders of his first NFT collection, resulting in some holders having up to 50 billion Elijah tokens.

Despite all this, the token began to increase in price and slowly gained popularity. To his credit, during the first week after the token's launch, tweets and memes in support of the token appeared on Elijah's Twitter almost every hour. In response to community questions about the mistakes, Elijah sincerely admitted to making numerous errors, asserting that the token's popularity was pure chance. Additionally, Elijah took the following actions:

• He burned his entire airdrop by sending it to a dead wallet, thus leaving himself without any of his own tokens.

• He wrote to each holder who received an airdrop, asking them to send 50% of their Elijah tokens to the dead wallet.

As a result of these actions, the dead wallet became the largest holder of Elijah tokens. This narrative of the token's launch and all the steps taken by Elijah, combined with a very active Twitter presence, rapidly popularized the token. It gained support from influencers like Pixelord and Neso. The news that Elijah was launching an NFT collection to raise money for the token's liquidity pool garnered over 100,000 views thanks to a retweet by Jesse Pollak, the founder of Base.