what's BagsApp?
BagsApp is a mobile application designed for trading memecoins and cryptocurrencies, primarily on the Solana blockchain. It integrates social features allowing users to chat with friends, follow trades, and discover trending tokens in a seamless interface. Users can deposit funds via methods like Apple Pay, Coinbase, or Solana wallets, maintaining control over private keys for self-custody. The platform supports instant trading, price alerts, and group chats where participants can share and react to market movements in real-time. The app emphasizes creator tools, enabling users to launch coins directly and earn royalties from trading fees on viral content shared across platforms like X and TikTok. It includes an API for advanced functionalities such as fee sharing and raise tracking, fostering an ecosystem for artists, developers, and communities to monetize through token launches. Security features like 2FA and 24/7 support enhance user trust, positioning BagsApp as a social-financial hub for the memecoin community.
BagsApp distributed 900k tokens, saw 53M staked, and ran a viral toilet ad campaign.
Links
x.com/bagsappBagsApp Ecosystem category increased by 10.9% on CoinGecko during current market conditions.
Withheld $5,000 in fees raised for a user's project and prevented the user from claiming the funds.
First migration is live on BagsApp.
Phettagotchi holds 11% of BagsApp token supply (133 million tokens) in rewards vault, representing locked liquidity outside the ecosystem.
The tweet discusses a builder's choice regarding BagsApp fees and argues that tokens may act as a product ceiling, but does not describe any specific event, change, or metric for BagsApp itself.
Became tradeable on Pump Fun app.
Listed among platforms that led a 31% month-over-month increase in new fungible tokens created through Metaplex in January 2026.
Phettagotchi, described as a Pokemon MMO on Solana, integrates BagsApp token into its game.
Launched Bags App Store, opening app submission process for developers to monetize token-related features.
Shipped Agentic Authentication, allowing AI agents to perform autonomous wallet actions.
Hosted a hackathon ongoing as of February 20, 2026. Phettaverse applied for their Phettagotchi virtual pet game project.
Distributed 900,000 tokens in rewards during the week ending February 6, 2026.
Reached 53 million PHETTA tokens staked in the platform.
Purchased advertising space on a viral toilet marketing campaign that is gaining major brand engagement on Instagram, becoming part of the story as the toilet owner sells adspace to multiple companies.
Experienced top smart money inflow over a 1-day period on the IFINNBAGS token (contract address 2PyDpAHPFGLhUGpqtEL3vMmfZbQ2DRrGtnqfxLPfBAGS), which is tied to BagsApp.
Launches the first hybrid coin of its kind on 2026-01-30.
Received an endorsement from Mark Moran, a U.S. Senate candidate, who claimed token fees on January 28, 2026.
Received mention on DexScreener through an updated staking link for $phetta token.
Increased weekly staking rewards to 2 million $phetta tokens.
Powers KalshiVerse, a Roblox game and gamified Kalshi prediction market.
Launched Phettagotchi feature on mainnet, allowing users to hatch eggs, stake $PHETTA tokens, and earn rewards. Building a revamped 3D-based PVP arena feature for players.
Launched Repo Mode feature on FACTORY, allowing users to ship code with a token.
Integrated Newest, Market Cap, and Trending filters into the Sniper feature.
has active grants available for developers and builders
Mentioned in a daily crypto news roundup listing the launch of the npm meme coin on the platform by the inventor of npm (Node Package Manager).
Decreasing fees, with implications for AI-related functionality.
Featured in an alphagate dashboard that went live on 2026-01-16 and will remain free for 48 hours (until 2026-01-18) before becoming subscriber-only.
Activity is spiking on the platform amid a resurgence in creator-linked coins, with top tokens $RALPH and $GAS up 380% and 600% on January 16, 2026.
Implements a fee mechanism where fees are programmatically used to buy and burn $FACTORY tokens.
Onboarded Steve Yegge and Geoffrey Huntley as AI plugin developers or contributors to the platform.
Added as a sector to Nansen analytics platform
Launched referral program that pays referrers 50% of protocol fees when someone launches a token using their referral link.
Onboarded a developer with 4 years of VC founder experience and prior NFT project leadership experience that generated millions in sales.
Enables users to share trading fees with any Solana wallet address and import wallet addresses to claim creator fees, rewarding creators without requiring token hold or sale.
Released a new mobile update enabling users to launch, trade, earn, and discover tokens.
Listed for trading on Coinbase on December 17, 2025.
Proposal emerges to pump a "grift bags coin" to 1M+ market cap for 24 hours, with discussion of launching WOJAK token on the platform.
The Meteora ecosystem that includes BagsApp receives protocol upgrades with DLMM v2, auto vaults, better pool discovery, and AI-assisted LP education features. These details emerge from a recent Meteora event and expand on the previously announced V2 product development partnership. (ID: 1999604656813789694)
Founder @finnbags launches a token with 150k market cap peak, causing significant reputation damage and loss of community confidence in the platform. (ID: 1986613388655419772)
BagsApp will be featured in the next episode of $SVMBANK, sponsored by $OVSM fees.
The CEO purchased 5% of $company token at 460k market cap and announces plans to reinvest dividends back into the token, which currently trades under 300k market cap.
@finnbags launches @DividendsBot to reward holders of tokens launched on the platform. Token $company reaches $1M market cap.
MeteoraAG announces partnership with BagsApp to design V2 products over the next 1.5 months, with unveiling planned at Met Dhabi before Breakpoint.
New launchpad integration goes live with printworldorder platform.
Product "addicted" achieved $3.5M revenue in 48 hours, with Season 2 announced and more games planned for Solana under @void_solution.
External project $OVSM announces full integration support for the platform as their first fully supported launchpad with zero additional fees. $OVSM integrates the platform directly into their CLI tooling.
Platform announces 10 SOL bounty for the next coin creator who bonds using the fee sharing feature on X, TikTok, or Kick, indicating active promotional efforts to drive feature adoption.
Matt Furie receives over $400k from the PEPE community through the platform, demonstrating high-profile creator adoption and significant community funding activity.
Platform reports $20M monthly creator earnings and $1M donation to MrBeast, demonstrating significant revenue generation.
Platform expands authentication options with TikTok, Kick, and GitHub login integration.
Warning: Active rug pull event causing widespread user losses.
Platform establishes distinct market position as specialized creators launchpad, differentiating from competitors focused on memecoins, AI/DAOs, and Solana foundation projects.
Project holds 1.79% market share in launchpad activity, significantly trailing competitors Pumpdotfun (78.4%) and Bonk (13.4%).
Token peaks at 300k market cap despite 1.5M follower influencer endorsement, indicating significant divergence between marketing reach and market performance.
Sanctosphere partnership introduces SOLb token offering 15% yield on unclaimed SOL.
New trading tool platform 'bagswiftools' announces launch integration with primary platform.
Fee-sharing model and API infrastructure emerge as key competitive advantages with only one direct competitor in market.
Creator launches competing token after original Kanye-related token pump, attempts to manipulate original token's momentum.
Platform pivots to celebrity token creation as placeholder strategy while facing emergence of direct platform competitors.
Platform implements hybrid identity model enabling pseudonymous operations with Twitter-linked royalty splits, positioning between public SocialFi and anonymous launchpad platforms.
$100M+ 30-day trading volume achieved as new Oryn partnership enables ICM market expansion.
Strategic pivot to security-first development through code4rena partnership addresses recent platform vulnerabilities.
Founder mishandles major influencer opportunity by failing to promote $50k+ platform fee claims during Mr Beast stream appearance, resulting in significant user losses and damaged trust.
Upcoming BAGS airdrop to include trading multipliers and launchpad volume considerations in reward calculations.
Platform records 2,144 token launches with 1.07% graduation rate, ranking second in launch volume behind Pumpfun.
New charitable fundraising initiative launches with TheGivingBlock, raising $1k in minutes.
Revenue model based on royalty extraction from meme relaunches shows signs of unsustainability with predicted failure within 2-3 weeks due to diminishing participant pool.
New exploitation method emerges where unauthorized tokens are created and pumped through creator fee incentives
Revenue strategy targets mainstream viral creators with higher payouts than X/TikTok/Instagram
Rising discussion of coordinated pump tactics and trading fee exploitation signals increased manipulation risk.
New PEPE token surges 3,918% to $8M market cap in 24 hours with notable traders @TendersAlt, @ohbrox, and @xPeaceLandBread accumulating positions.
New runner achieves 20M+ volume in 6 hours, indicating significant market activity spike.
Trading volume reaches 20M in 6 hours, indicating significant market activity.
Security concerns emerge regarding bundler exploitation and account security risks.
Platform reports $38M volume and 4K launches, outperforming Bonk, as PumpFun dominates with 70% market share.
Platform surpasses Bonk in 7-day revenue, demonstrating continued market share growth.
$NEWS confirms exclusive platform affiliation status with active fee-to-buyback program implemented, verified through official badge system.
Platform reports 3,687 token launches with 0.98% graduation rate, positioning third in launch volume behind PumpFun and LetsBonk.
Official token confirmed with 50% supply lock, actual market cap at $200k
Token collaboration established with Out of Context Dogs community, incorporating charitable donations for animal welfare.
Protocol achieves third position in revenue generation across entire Solana ecosystem in past 24 hours.
Dual-platform token launch executed with original deployer securing top holder position; fees directed to original meme creator.
Two new tokens ($DOG and $BTH) launch simultaneously on platform.
Security alert issued regarding team impersonation with badge verification system implemented.
Platform implements first-of-kind royalty system directing memecoin revenues to original meme creators, with @achichuchu confirmed as initial beneficiary from dog meme royalties.
Achieves second position in Solana launchpad rankings across volume share, tokens deployed, and revenue metrics.
First charity endorsement secured in Thailand, expanding geographic presence into Southeast Asian market.
Founder wins dogwifcoin original hat auction for $799,000, demonstrating significant capital deployment in the Solana memecoin ecosystem.
NYAN confirmed as official ticker for platform with Web2 onboarding expansion imminent.
New API launches with coin creation and fee sharing capabilities; platform appoints new growth lead.
On-chain activity shows PRguitarman claiming protocol fees, indicating active revenue generation.
New token launches with Nyan Cat creator involvement; large wallet concentration detected poses potential manipulation risk.
Platform surpasses PumpFun in 24-hour launchpad revenue according to DeFiLlama data.
WinRar token launches with $2.1M market cap and active engagement from official WinRar team.
Platform reaches $1M+ in creator fee sharing revenue across diverse user segments including artists, businesses, and charities.
New fee structure implements SOL-only collection for causes, preventing token dumping while ensuring direct funding through Meteora's quote-only system.
Mobile app launches with creator rewards, contests, and Twitter-integrated donation features.
Partner validates exceptional technical capabilities and consistent delivery of features, highlighting self-sufficient development team.
New launchpad offers $250k prize for maintaining 10M mcap for 24 hours, with split fee feature launched for artist revenue sharing.
Platform raises $10K in first hour for ocean cleanup initiative, signals potential partnership with @TheOceanCleanup.