
We are the first working product to create a memecoin backed by bitcoin via @toly "token22" fork
Joined November 2026
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Before solana "tokens" which we all use today and trade on pump.fun we had "token22" created by
@toly however it never went public
Token22 were memecoins backed by bitcoin, you could deploy a memecoin on solana and have it backed by bitcoin "proof of work" because solana doesnt have a proof of work since it increases in supply each year.
Today @toly made it opensource via github github.com/Texaglo/Token22_D…
We forked it to create the world's first tradeable token22 memecoin deployed via pump.fun backed by bitcoin
Token22.tech
We are the first to ever build this product and have essentially created the world's first memecoin which
@toly himself backs
Proof it works : solscan.io/block/461036998
Replying to @leolanza @hanni_abu
Token22 is an isolated program (smart contract), and the el gemal bug is isolated only to assets deposited into an escrow that depends on those profs. Minting token22 assets doesn’t depend on it.
We just added our own custom market maker using fees
solscan.io/block/464048447
token22 is something everything will use one day
Replying to @token22fork @toly
Token is now live.
CA : CnBSc2uvDBFy3c8BjfYczRMHoXR3ptVYvshSgy8Npump
We have officially created it using token22 protocol which we built 1 hour ago!
solscan.io/tx/3B4MDcQyjmpeq7…
so token is used for memecoins but token22 isnt? interesting
Replying to @metaproph3t
CPIs will get way cheap with v2. So token and token22 might not be that much slower
