If you’re into the wild world of memecoins, you’ve probably heard about the latest buzz on X. A recent post by @0xSoju, shared on August 3, 2025, at 03:51 UTC, shines a light on how BagsApp and MeteoraAG are shaking things up. They’re using innovative tech to turn trading fees into a force for good, supporting charities like TeamWaterCoin_ and fckcancerorg. Let’s break it down!

What’s the Big Idea?

The post highlights a clever twist on memecoin trading. Normally, when you trade tokens, the fees might go to the platform or get dumped back into the market, messing with prices. But with BagsApp coins, powered by Meteora’s quote-only fees, things work differently. Creators can choose to collect fees in SOL or USDC, and here’s the kicker: these fees go straight to charitable causes instead of being reinvested into the tokens.

This means no more worrying about teams dumping their tokens on you to pump prices. Instead, the focus is on making a real impact. For example, the screenshot shows a locked position worth $9.8K, with $1.98K in fees ready to be claimed—all funneled to support the cause.

Why This Matters

This approach tackles a common pain point in the crypto world: trust. When teams own fees in both tokens, some might use them to pay centralized exchanges (CEX) to boost prices artificially. But with BagsApp, the priority shifts. Charities like TeamWaterCoin and FCKCancer benefit directly from SOL fees, leaving a lasting positive mark on the world rather than chasing short-term price pumps.

The post argues that CEX isn’t the goal—impact is. And that’s a refreshing take in a space often criticized for hype over substance.

How It Works

Meteora’s tech is the backbone here. Their quote-only fee system lets creators set up pools where fees are collected in stable assets like SOL or USDC. This is a big deal because it keeps the trading process clean and transparent. The locked position in the image, for instance, shows a mix of WATER and SOL, with fees accumulating for the cause. You can explore all BagsApp coins here to see this in action.

The Ripple Effect

This model could inspire more projects to align with social good. Imagine other memecoin platforms adopting similar strategies, turning every trade into a mini-donation. The community’s reaction on X—words like “fire,” “gud tech,” and “love to see it”—shows the excitement around this shift. It’s not just about profits; it’s about purpose.

What’s Next?

If you’re a blockchain enthusiast or a memecoin trader, this is worth watching. BagsApp and Meteora are proving that crypto can do more than just make money—it can make a difference. Keep an eye on their updates on X and dive into the Meme Insider knowledge base to stay ahead of the curve. Who knows? This could be the start of a new trend in the memecoin space!

Got thoughts? Drop them in the comments or join the conversation on X. Let’s talk about how trading can change the world, one fee at a time!