Complete Guide to x402 New Token Launch! 3 Major Platform Minting Tutorials, 5 Essential Tracking Tools

The x402 protocol demonstrates the potential to create a new wealth system once the technical standard is activated. PING, as the first x402 token, experienced a big pump of 150 times, with a market capitalization once exceeding 30 million USD. The x402 is essentially an inscription of the AI era, similar to how ERC-721 opened the NFT world and Ordinals brought about the wave of inscription wealth; once the technical standard is activated, it can create a new wealth system.

x402 Why It May Surpass the Wealth Effect of Ordinals

x402 has been out for half a year. It was originally just a small topic among developers, but due to $PING big pump of 150 times, it suddenly became the focus of the entire network. Many people think it's very unprofessional to compare it to Ordinals, but if you just look back at history, you'll understand: back in the day, ERC-721 opened up the NFT world, ERC-1155 gave chain games an economic system, and Ordinals (BRC20) brought a wave of wealth from inscriptions.

The ERC-721, ERC-1155, and Ordinals protocols illustrate that once a technical standard is activated, it can create a whole new wealth system. These “epoch-changing protocols” were initially overlooked until the meme-like tokens on them became popular, and only then did people realize that true wealth opportunities often lie hidden in “technical standards that no one understands.” The current x402 is in the same cycle. It is not a project, but an underlying payment protocol that enables web pages, AI, and games to automatically collect payments, opening a new gateway for the AI + payment + Web3 economy.

Compared to the failed ERC-404, x402 has stronger vitality. ERC-404 was ridiculously popular in 2024, with everyone shouting about the “ultimate fusion of Token + NFT,” but three months later, no one mentioned it again. The problem with ERC-404 being ignored was that its story was too “engineer-oriented,” and most retail investors couldn't understand it or use it. As a result, the project team had to hype it up themselves and take over, while retail investors at most made a short trade and then all exited the market. The outcome: the standard did not take off, and the ecosystem did not survive. Once-popular projects like Pandora, DeFrogs, and Numoen have all sunk.

From the perspective of “wealth flow”, the money for ERC-404 comes from short-term hype, while the money for x402 comes from narrative + new demand + real implementation. ERC-404 is a “speculation protocol”, and x402 has the opportunity to become a “utility protocol”. This point is crucial: ERC-404 is stuck at “hyped Meme”, while x402 has the potential to become a “spendable Meme”.

Comparison of x402 vs. ERC-404:

Narrative Power: AI Payment Essential vs. NFT + Token Integration (Pseudo Demand)

Big Tech Endorsement: Google, Cloudflare vs. No Top Institutions

Use Cases: API Payment, AI Agent vs. Speculative Trading

Community Consensus: Participation is Wealth vs. Pure Speculation

x402 Practical Teaching on the Three Major Platforms for New Token Launch

It should be noted that $PING has already completed its role as the leader, and now many domestic teams are taking the opportunity to issue new projects. These projects are similar to the “Mouse Community” from the previous wave of inscriptions, where retail investors are being cut off and are fighting for their rights. Regardless of the final outcome, since a new protocol has emerged, following the principle of “technical standards = establishment of a new wealth system”, let's first see if there is any in the jujube. Prepare USDC and ETH (as gas fees) in advance on the Base chain.

Method 1: Use x402scan.com to subscribe

The process is as follows: Link your wallet in the top right corner, select popular projects in the Top Servers section on the page, find the “Try Resources” option and open it, click the green “Fetch” button, and the wallet will pop up to confirm the authorization for a payment of 1 USDC. Wait for the on-chain confirmation (usually 2 to 10 seconds), and once successful, the tokens will be automatically credited, which you can check in your wallet or on the blockchain explorer.

During peak times, server congestion may occur, requiring multiple attempts (commonly referred to as being stuck). Each mint consumes a fixed amount of 1 USDC. Once the minting window closes, operations cannot continue. This “stuck” phenomenon is very common during IPOs of popular projects, similar to the craze of inscriptions in the past. If congestion is encountered, you can try increasing the gas fee or wait until after the traffic peak to try again.

Method 2: Use x402station

This tool not only allows you to rate the server but also lets you check if x402 has finished. If it hasn't finished, you can continue to hit, but it is not recommended to hit above 98%, as failing to hit would just waste money. The service rating function of x402station is extremely useful; it provides ratings based on indicators such as server response speed, success rate, and community feedback, helping users filter high-quality projects.

Method 3: Use CEX Wallet (equivalent to purchasing on the secondary market)

Method one: After completing the project, it can be traded on the chain. If you choose to trade on CEX, please refer to the official tutorial. Trading can only occur after x402 goes live on CEX. If you want to trade the leading tokens mentioned above, you can do so on Uniswap. The advantage of CEX wallets lies in their high integration, allowing users to manage wallets, swap tokens, and trade all within the same interface, thereby lowering the operational threshold.

x402 Professional Analysis and Tracking Tool Matrix

In terms of price change tracking, the CoinGecko X402 ecosystem section provides market capitalization, price, and price fluctuation tracking for all tokens within the x402 ecosystem. GeckoTerminal is a DEX data expert that provides real-time trading data for x402 tokens on decentralized exchanges like Uniswap.

In terms of professional analysis platforms, x402scan is an ecosystem browser that supports minting and real-time trading volume tracking. This is the “gateway” to the x402 ecosystem, where all new initiatives begin. x402station provides service reliability ratings, API analytics, and performance dashboards to monitor x402 service performance and success rates in real-time. This tool is crucial for identifying high-quality projects.

x402atlas provides transaction tracking, seller/buyer activity, resource popularity, and facilitator rankings. This platform is similar to an “on-chain data analysis tool,” allowing users to see which projects are the most popular, which users are the most active, how funds are flowing, and other key information.

x402 Essential Tool List:

x402scan: ecosystem browser, new listing entrance, trading tracking

x402station: service rating, progress inquiry, risk screening

x402atlas: Deep data, capital flow, rankings

CoinGecko: market capitalization tracking, price monitoring, pump comparison

GeckoTerminal: DEX data, liquidity analysis, trading pair query

In terms of data dashboards, the Dune platform offers multiple professional dashboards. PayAI x402 Facilitator tracks the activities and income of facilitators (payment coordinators). Commerce Payments Protocol analyzes the usage data of x402 as a commercial payments protocol. X402 Tokenization Dashboard tracks the tokenization status of internet data flows. Base Meme Token Analysis analyzes the performance of meme tokens on the Base chain, including x402 ecosystem tokens.

The data dimensions provided by these Dune dashboards are extremely rich, including trading volume, number of users, revenue distribution, token holder analysis, and more. For investors or developers who want to delve deep into the x402 ecosystem, these tools are indispensable. Through this data, one can determine whether a project is driven by real demand or purely speculation, whether the capital flow is healthy or concentrated in a few addresses, and other key issues regarding the project's long-term sustainability.

High Risk Warning and Rational Participation Strategies

It should be emphasized that the tokens in the current x402 ecosystem are highly speculative and come with great risks. $PING Although it has created a wealth myth of 150 times, most latecomers may face the risk of going to zero. Many domestic teams are currently taking the opportunity to launch projects, and these projects are like the “mouse community” wave of inscriptions, where retail investors are defending their rights, and several bloggers are unable to withstand the pressure and want to exit the scene.

Rational participation in x402 new token offerings should follow these principles. First, participate only with funds you can afford to lose entirely, viewing x402 new token offerings as high-risk speculation rather than stable investments. Second, prioritize projects backed by industry giants or showcasing technological innovation, avoiding purely opportunistic “mouse warehouses.” Third, establish strict profit-taking and stop-loss strategies; if the token pumps 2 to 3 times, reduce holdings promptly to lock in profits, and if it breaks the initial offering price, exit immediately to cut losses. Fourth, diversify risks and avoid going all-in on a single project; consider small investments across multiple projects to spread participation. Fifth, continuously learn and pay attention to data changes in tools like x402scan and x402station, tracking market trends and project quality.

From a more macro perspective, x402 has written “payment” into Web3, and during the process of going mainstream, it needs memes to earn emotions, but only those that can leave a protocol are the new era's infrastructure. If only $PING is involved, then it is ERC-404 2.0. But if the next dozens of projects, AI Agents, and blockchain games all connect to x402 for settlement, then it will be the “Ordinals moment of the AI era.”

In summary: x402 is neither a new chain nor a token; it is a protocol standard for “automatically collecting payments for web pages, AI, and blockchain games.” When giants like Google and Cloudflare collectively see its potential, the probability of it becoming a Web3 payment standard significantly increases. For investors, focusing on early opportunities within the x402 ecosystem while remaining vigilant of speculative risks is currently the most rational strategy. As more real application scenarios are implemented, x402 may evolve from “a speculative meme” into “a foundational infrastructure for use,” at which point its true value will be realized.