CryptoMediaClub
Monday, October 6, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

You can now create a shitcoin in less than 23 seconds

08.05.2023
A A
0
131
VIEWS
ShareShare

As so-called “memecoins” capture the attention of the wider crypto industry in recent weeks, a viral video has emerged detailing just how easy it is for anyone with an internet connection to create a brand new cryptocurrency from scratch.

A May 6 video from digital artist Johnny Shankman — who goes by @whitelights.eth on Twitter — shows him completing a “speedrun” of creating and deploying an entirely new token, humorously dubbed “EASY_MONEY” in just 27 seconds. The record was then beaten just a day later, clocking in at 22.45 seconds.

The term "speed run" originates from the gaming community and is typically used in reference to completing a game, or level in a game, as quickly as possible.

memecoin deploy% speedrun 27s ⏱️ pic.twitter.com/OYaXGb5ITR

— whitelights.eth ⌖ () (@iamwhitelights) May 5, 2023

In the now-viral video, Shankman shows how any user can quickly create a new token by utilizing a program called Contracts Wizard, created by the crypto cybersecurity firm OpenZeppelin. The Contacts Wizard tool generates code for an ERC-20 token with a few quick clicks of a cursor. On the program, users can select a number of potential features for their token.

After the code has been created, Shankman then uses an application called Remix, which compiles the token’s smart contract and deploys it on a given blockchain network. In the video, Shankman opts for deploying his EASY_MONEY (EZ) token on the Ethereum testnet.

He notes in the comments section that the video was “for educational purposes only” and clarifies that by deploying EASY_MONEY on the Ethereum testnet, it is not a real token to be speculated on.

Notably, Shankman’s video was picked up by a number of large accounts on Crypto Twitter, being reposted by the likes of @Loopifyyy, which has now seen the video gain more than 3 million views across a series of different accounts.

The viral popularity of Shankman’s post comes at a time where “shitcoins'' have gained drastically in popularity throughout the broader crypto ecosystem. The recent memecoin boom, has been led in large part by an “entirely useless” frog-themed token called Pepe, which has seen its value surge more than 5000% since its inception on April 14.

In a follow-up comment, Shankman pointed out that someone had actually created a token with the same name as his explainer but divulged that he “did not make it” and he would “not be buying it.”

Less than 24 hours later, a new video emerged from another account on Twitter, that showed the same process being completed in just 22.45 seconds, setting a new unofficial record for the memecoin speedrun.

memecoin deploy% speedrun (rug skip, autocomplete skip) 22.45s (WR)⏱️ @iamwhitelights pic.twitter.com/LDOsfbYNV4

— (@0xdiid) May 6, 2023

Magazine: Joe Lubin — The truth about ETH founders split and ‘Crypto Google’

Share10Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post
Binance halts Bitcoin withdrawals for the second time in 12 hours

Binance halts Bitcoin withdrawals for the second time in 12 hours

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin 4/20: What Events Accompanied Fourth Halving?

Bitcoin 4/20: What Events Accompanied Fourth Halving?

1 year ago
PEPE Price Analysis: Overbought Signals Could Trigger Drop After 97% Surge

PEPE Price Analysis: Overbought Signals Could Trigger Drop After 97% Surge

1 year ago
Building of El Salvador’s Bitcoin Metropolis Airport Begins – However There’s a Twist

Building of El Salvador’s Bitcoin Metropolis Airport Begins – However There’s a Twist

7 months ago
Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?

Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

XRP Price Prediction: CLS Mining Enables XRP Holders to Seize Market Opportunities

Bitwise Files S-1 for Aptos ETF, CEO Cites ‘Momentum in Aptos Ecosystem’

Bitcoin Hits $125K as Exchange Balances Drop to Six-Year Low

Coinbase Applies for National Trust Charter to Expand Regulated Crypto Services

[LIVE] Bitcoin Price Updates: BTC Price Explodes to New ATH Above $125,000, Is $150K Next?

Bitcoin and Ethereum Fuel PUMPD’s Mission to Become 2025’s Biggest Meme Coin

Trending

XRP Price Prediction: $3.12 Breakout or New Decline? What’s Next?
All news

XRP Price Prediction: $3.12 Breakout or New Decline? What’s Next?

05.10.2025
0

XRP is trading at $3.01, up 2.07% in the last 24 hours as traders wait for a...

Solana Price Prediction: Why Slowing Network Growth Could Limit SOL’s Bullish Potential in the Short Term

Solana Price Prediction: Why Slowing Network Growth Could Limit SOL’s Bullish Potential in the Short Term

05.10.2025
Bitcoin Price Prediction: After ATH, Only $128,000 Stands Between BTC and an Exponential Rise to $160,000

Bitcoin Price Prediction: After ATH, Only $128,000 Stands Between BTC and an Exponential Rise to $160,000

05.10.2025
XRP Price Prediction: CLS Mining Enables XRP Holders to Seize Market Opportunities

XRP Price Prediction: CLS Mining Enables XRP Holders to Seize Market Opportunities

05.10.2025
Bitwise Files S-1 for Aptos ETF, CEO Cites ‘Momentum in Aptos Ecosystem’

Bitwise Files S-1 for Aptos ETF, CEO Cites ‘Momentum in Aptos Ecosystem’

05.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz