How to Create a Meme Coin on Solana With Pump.fun and Raydium
Video: Rug Pull Tutorial For Beginners 💰 How to create a meme coin on SOLANA?
· based on the channel dodynoe
Creating a meme coin on Solana means minting an SPL token, setting its supply and decimals, revoking the mint and freeze authorities, and then getting liquidity on-chain — most often through a launchpad like pump.fun or a Raydium pool. No coding is required: a wallet such as Phantom or Solflare plus a launchpad interface handles everything, and the total cost is usually a fraction of a SOL. The walkthrough below, based on the beginner tutorial from the dodynoe channel and its companion site funrug.cc, covers the full path from token setup to the security checks that separate a real launch from a rug pull.
What a Solana meme coin actually is
A Solana meme coin is simply an SPL token — the same standard used by USDC or any other asset on the network — with no utility beyond trading and community. There is no separate smart contract per token, which is why launching one is cheap and fast compared to Ethereum. What you are really creating is a mint account that defines the token, plus associated token accounts for everyone who holds it. The key parameters you control are name, ticker, decimals, total supply, and two authorities: the mint authority (who can create more supply) and the freeze authority (who can stop a wallet from transferring). Those two switches are where most of the risk lives.
Step-by-step: minting your SPL token
Minting the token is the mechanical part, and it takes minutes. The order matters less than the settings you choose.
- Install a Solana wallet such as Phantom or Solflare and fund it with SOL for fees and rent.
- Connect the wallet to a token creation tool or a launchpad like pump.fun.
- Enter the token name, ticker and a logo image; keep the name short and searchable.
- Set decimals (meme coins usually use 6) and total supply — 1,000,000,000 is the common default.
- Approve the transaction and confirm the mint address in your wallet or an explorer.
- Revoke the mint authority so no more tokens can ever be printed.
- Revoke the freeze authority so no holder can be blocked from selling.
Steps 6 and 7 are the difference between a token people will trade and one that gets flagged on every scanner.
Launching through pump.fun and the bonding curve
pump.fun removes the need to provide your own liquidity by selling the token along a bonding curve. Buyers purchase from the curve, the price rises as supply is bought, and the SOL raised sits in the contract rather than in the creator's wallet. When the curve reaches its cap, the token "graduates": liquidity is deposited into a Raydium pool and the token becomes freely tradable on the open market. For a beginner this is the lowest-friction route, because you never have to calculate an initial price or seed a pool yourself. The trade-off is that you hand over control of the launch mechanics, and the launchpad takes a fee on trades.
Adding liquidity on Raydium and what it exposes
A Raydium pool is where a token becomes tradable against SOL, and it is also where most rug pulls happen. To create a pool you deposit both sides — your token and an equivalent value of SOL — and the automated market maker prices trades based on the ratio between them. That deposited SOL is the prize: whoever holds the pool's LP tokens can withdraw the liquidity at any moment, which instantly collapses the price to near zero and leaves buyers holding a worthless token. Legitimate projects burn the LP tokens or lock them in a vesting contract for a stated period, and both actions are verifiable on-chain. If the liquidity is unlocked and the creator's wallet still controls it, you are trusting a single anonymous person not to withdraw.
Red flags that separate a launch from a rug pull
Rug pulls follow recognizable patterns, and almost all of them are visible before you buy. The most common is unlocked liquidity combined with a large share of supply held in a handful of wallets, which lets the creator dump into their own pool. A live mint authority is worse: the creator can mint unlimited tokens and sell them into the pool until it is empty. Freeze authority is a quieter risk, because it can prevent holders from selling while the creator exits. Other signals include a token that has been live for minutes with no socials, a Telegram or X account created the same day, and buy/sell taxes above a few percent that route to the deployer's wallet. None of these prove fraud on their own, but several together should end your research.
How to verify a token before you buy
Verification is a five-minute routine and it should come before any purchase. Pull the mint address from the launchpad or a charting site and check it on Dexscreener, Birdeye or Solscan. Confirm that mint authority and freeze authority are both revoked — the explorer shows this directly on the mint account page. Check the holder list: if the top ten wallets outside the liquidity pool control more than roughly 20–30% of supply, the float is too concentrated to trade safely. Look for a liquidity lock or burn transaction, and note the unlock date if there is one. Finally, cross-check the token's socials against its on-chain age; a project with a six-month history and active holders behaves very differently from one launched an hour ago.
Common questions from new launchers
Beginners tend to hit the same three walls. The first is cost: people expect a contract deployment bill and are surprised that a Solana token mint is a few dollars plus rent. The second is the belief that revoking mint authority is optional — it is not, because scanners flag live mint authority immediately and buyers avoid the token. The third is liquidity math: many first-time creators deposit a tiny SOL amount, not realizing that a thin pool means a few hundred dollars of selling wipes out the price. A fourth recurring worry is legality — creating a token is legal in most jurisdictions, but marketing it with false promises or pulling liquidity after soliciting buyers is where fraud law begins to apply.
Conclusion
Creating a meme coin on Solana is a technical exercise anyone can complete in under an hour: mint the SPL token, revoke both authorities, and choose between a pump.fun bonding curve and a self-funded Raydium pool. The hard part is not the launch, it is the trust layer — locked liquidity, distributed holders and honest communication are what keep a token alive past its first day. Treat every unchecked launch as a potential rug pull, verify authorities and liquidity on-chain before buying, and never size a position on hype alone. The dodynoe channel walks through this same pipeline from token setup to liquidity deployment, and its companion resource at funrug.cc is where you can explore the meme coin launch platform used in the tutorial.
Key takeaways
- A Solana meme coin is an SPL token, so creation costs only a small network fee plus the rent for the mint account, not a full smart contract deployment.
- pump.fun launches a token on a bonding curve with no upfront liquidity; the coin only migrates to Raydium after the curve fills.
- Mint authority lets the creator print unlimited new supply, and freeze authority lets them block wallets — both must be revoked for a safe token.
- Liquidity on Raydium is usually paired against SOL; if it is not burned or locked, the creator can pull it and drain the pool.
- Before buying, check holder distribution, liquidity lock status and socials on Dexscreener or Birdeye, not just the chart.
Questions & answers
How much does it cost to create a meme coin on Solana?
The on-chain cost is small: you pay a network fee plus rent for the mint account, typically a fraction of a SOL in total. Launchpads like pump.fun add their own trade fees, and creating a Raydium pool requires you to deposit real SOL as liquidity, which is the largest expense by far.
Do I need to know how to code to launch a Solana token?
No. SPL tokens are created through existing tools and launchpad interfaces, so you only need a wallet such as Phantom or Solflare, some SOL for fees, and a name, ticker and logo. Everything else — minting, revoking authorities, seeding a pool — is a button press or a signed transaction.
What is the difference between pump.fun and launching directly on Raydium?
pump.fun sells your token along a bonding curve and only moves liquidity to Raydium once the curve fills, so you never have to fund a pool yourself. Launching directly on Raydium means you provide both the token and the SOL side of the pool upfront, which gives you more control but also more capital at risk.
How can I tell if a new Solana meme coin is a rug pull?
Check the mint account on Solscan or Birdeye for revoked mint and freeze authorities, look at whether liquidity is burned or locked, and review holder distribution — a top ten outside the pool holding a large share of supply is a warning. New socials, no trading history and a deployer-controlled pool are the classic combination behind most rug pulls.
Source: Rug Pull Tutorial For Beginners 💰 How to create a meme coin on SOLANA? · Markdown version