How to Create a Meme Coin on Solana

Video: Rug Pull Tutorial For Beginners 💰 How to create a meme coin on SOLANA?

Oct 16, 2026 · based on the channel dodynoe

Creating a meme coin on Solana means minting an SPL token, attaching metadata, and seeding liquidity on a launchpad or DEX. You do not need to write a smart contract: tools like pump.fun and Raydium handle the token program, bonding curve, and pool creation for you. The whole process can take under 10 minutes and costs a few dollars in SOL. For a walkthrough of the launch flow and the risks involved, see the tutorial from the dodynoe channel and explore the meme coin launch platform linked in the video description.

What a Solana meme coin actually is

A Solana meme coin is an SPL token with no utility beyond community trading, created through the SPL Token Program. Unlike Ethereum, Solana does not require you to deploy a new smart contract for each token — you interact with a shared program, which keeps costs low. Each token has a mint account that defines supply, decimals, and two key authorities:

1. Mint authority — the right to create more tokens. If it is not revoked, the creator can inflate supply at any time.
2. Freeze authority — the right to freeze holder accounts, blocking them from selling.

A standard meme coin setup uses 6–9 decimals, a fixed supply (often 1 billion tokens), and revokes both authorities after minting. Metadata (name, ticker, logo, socials) is attached via the Metaplex Token Metadata program. Without metadata, the token shows up as an unknown asset in wallets and on DEX screeners.

Step-by-step: how to create a meme coin on Solana

Here is the practical sequence most creators follow, from wallet setup to the first trade.

1. Set up a wallet. Install Phantom or Solflare, create a new wallet, and fund it with 0.5–1 SOL. You need SOL for transaction fees, account rent, and initial liquidity.
2. Mint the token. Use a no-code tool such as pump.fun, or a CLI/script with the SPL Token Program. You choose a name, ticker, decimals, and total supply. Cost: roughly 0.02–0.05 SOL in fees and rent.
3. Upload metadata. Add the logo, description, and social links through the launchpad interface or Metaplex. This is what traders see on Dexscreener and Birdeye.
4. Revoke authorities. After minting the full supply, revoke the mint authority so no one can print more tokens. Revoking the freeze authority removes the ability to block sells.
5. Seed liquidity. On pump.fun, the bonding curve provides automatic pricing. On Raydium, you create an AMM pool and deposit both SOL and tokens at a chosen ratio.
6. Lock or burn LP tokens. Burning LP tokens permanently removes the ability to withdraw liquidity — a common trust signal for buyers.

Launching through pump.fun vs Raydium

pump.fun and Raydium serve different stages of a meme coin's life, and most launches touch both. pump.fun is a fair-launch platform built on a bonding curve: buyers purchase tokens directly from the curve, and the price rises as supply is bought. When the token reaches a market cap threshold (around $69,000), it "graduates" and liquidity is automatically deposited into a Raydium pool. This removes the need for the creator to provide upfront liquidity, which lowers the entry barrier but also means the creator typically holds a portion of supply bought at the lowest curve price.

Raydium is a full AMM where you create a liquidity pool yourself. You decide the initial price by choosing how much SOL and how many tokens to deposit. A shallow pool — for example, $500 of SOL against 1 billion tokens — means small trades move the price dramatically, which cuts both ways. Deeper pools absorb larger trades with less slippage but require more capital to set up. After launch, tools like Jupiter route swaps across both venues, and screeners like Dexscreener and Birdeye track price, volume, and holder count in real time.

How rug pulls work and the red flags to check

A rug pull is a deliberate exit in which the creator drains value from buyers, and understanding the mechanics is the best defense. The most common patterns on Solana are:

• Liquidity removal: the creator adds SOL and tokens to a Raydium pool, waits for buyers, then withdraws the SOL side. The token price collapses to near zero.
• Mint authority abuse: if mint authority was not revoked, the creator mints billions of new tokens and sells them into the pool.
• Freeze authority abuse: the creator freezes holder accounts so they cannot sell while the creator exits.
• Insider distribution: a few wallets hold most of the supply and dump on retail buyers after launch.

Before buying any new token, check these signals: whether mint and freeze authorities are revoked, whether LP tokens are burned or locked, how concentrated the top 10 holders are, and whether trading volume looks organic. On-chain tools make all of this visible — holder distribution, authority status, and liquidity lock are public data. The video's stated goal is educational: to help developers and investors recognize these warning signs rather than to promote fraudulent activity. Crypto projects are highly speculative, and nothing here is financial advice.

Common questions from new creators and buyers

People launching their first token usually ask the same handful of things. The most frequent: how much does it cost? On Solana, minting plus metadata runs about 0.02–0.05 SOL, and initial liquidity is the real variable — you can start with as little as 0.1 SOL on a bonding curve, but a Raydium pool with meaningful depth needs more. Another common question is whether you need to code: no, launchpads handle the token program and pool creation through a web interface. A third is what happens after graduation — liquidity moves to Raydium, and the token trades like any other SPL asset, tracked by Jupiter, Dexscreener, and Birdeye. Finally, buyers want to know how to spot a scam before it happens: verify revoked authorities, burned LP, and a healthy holder distribution, and treat anonymous teams with unverifiable socials as high risk.

Useful links

• Meme coin launch platform from the video — the tool referenced in the tutorial's description.

Final thoughts

Creating a meme coin on Solana is technically simple — mint an SPL token, attach metadata, seed liquidity, and revoke authorities — but the market around it is unforgiving. The same mechanics that make launches cheap and fast also make rugs cheap and fast, which is why checking authorities, liquidity locks, and holder distribution matters more than any launch checklist. The dodynoe channel's walkthrough is useful precisely because it shows both sides: how a token gets created and how the same steps can be abused. If you want to experiment, start on a launchpad like the one at funrug.cc, keep your initial capital small, and treat every new token as guilty until proven safe.

Source: Rug Pull Tutorial For Beginners 💰 How to create a meme coin on SOLANA? · Markdown version