Hello everyone,
I wanted to make a transparent post about a small Solana meme token I recently created called Crackid. I’m not here to hype it as the next big thing or promise profits. This was originally a learning project for me — I wanted to understand how liquidity pools, swaps, and token markets actually work on-chain instead of just reading about them.
After launching it, I realized I made a mistake in the initial distribution. I currently hold about 30% of the total supply, which I now understand looks risky from an outside perspective. Even if I have no intention of dumping the tokens, I can see why someone looking at the holder distribution would assume the creator could crash the price at any time. That’s not what I want this to be.
My goal is to reduce my holding to around 15% over time and spread ownership across many independent wallets so it doesn’t look like a single person controls the project. I burned the liquidity provider tokens so the liquidity cannot be pulled, and the token is tradable through normal Solana swap aggregators. I’m not trying to sell my allocation — I’m trying to decentralize it.
Because of that, I’m offering small “starter” amounts of the token to people who are willing to hold it or even just experiment with swapping it on Solana. I know giving away tokens can sound suspicious, so I want to be very clear: I’m not asking anyone for money, I’m not asking you to invest, and I’m not guaranteeing value. This is not financial advice and I’m not marketing it as an investment. If you never spend a dollar on it, that’s perfectly fine. The purpose is distribution and learning, not fundraising.
If you’re interested in helping me decentralize the supply and learn how these systems work in practice, you can share a public Solana wallet address and I’ll send a small amount. No private information, no connecting wallets to random websites, and no deposits are required. Please only post an address you are comfortable being public, and never share private keys with anyone.
I understand many meme coins are scams and skepticism is completely reasonable. I’m trying to do the opposite — be transparent about my wallet, my intentions, and the process. Even if this project never becomes anything big, I’d rather run it honestly and learn from it than abandon it.
Thanks for reading and for any feedback or advice from people more experienced in the space.