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 with a fixed supply, setting its mint and freeze authorities, and then supplying liquidity so it can be traded on a DEX such as Raydium. The whole process can be done in minutes with no code using tools like pump.fun, and the launch platform referenced in the video is available at funrug.cc. Understanding each step — and the exact points where a launch can be turned into a rug pull — is what separates a legitimate meme token from a trap.

What a Solana meme coin actually is

A Solana meme coin is an SPL token — the Solana equivalent of an ERC-20 token — with no utility beyond speculation and community branding. When you create one, you control three things that matter: the total supply, the mint authority (who can create more tokens), and the freeze authority (who can freeze holder accounts).

A standard SPL token mint requires about 0.02 SOL in rent-exempt balance plus a small network fee, and the associated token account for each holder costs roughly 0.002 SOL. Token-2022 mints, which support extensions like transfer fees, cost more to initialize because each extension adds account space. Most meme coins use the classic SPL token program because it is cheaper and universally supported by wallets like Phantom and Solflare.

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

Here is the practical sequence used by nearly every no-code launch.

1. Set up a wallet. Install Phantom or Solflare, create a new wallet, and fund it with SOL. You need enough for the mint rent, transaction fees, and — if you plan to seed liquidity — the initial SOL side of the pool.
2. Mint the token. Using a launchpad or a tool like the Solana CLI (`spl-token create-token`), create the mint. Decide the decimals (meme coins usually use 6 or 9) and the total supply (commonly 1,000,000,000).
3. Create the metadata. Name, ticker, logo, and description are stored via the Metaplex Token Metadata program. This is what shows up on Dexscreener and Birdeye.
4. Revoke authorities. Revoking the mint authority means no one can ever mint more supply. Revoking the freeze authority means no holder's tokens can be frozen. Both are visible on-chain and are the first thing traders check.
5. Add liquidity. Either launch on a bonding curve platform or create a Raydium pool directly by pairing your token with SOL.

Launching through pump.fun and graduating to Raydium

pump.fun is the dominant Solana launchpad for meme coins because it removes the need to seed liquidity yourself. You upload the token metadata, pay a small creation fee, and the platform opens a bonding curve: buyers purchase along the curve, and the price rises automatically with each buy. There is no presale and no team allocation unless you buy on the curve like everyone else.

When the token's market cap reaches roughly $69,000, it "graduates": the accumulated SOL is deposited into a Raydium liquidity pool and the LP tokens are burned, which permanently locks that liquidity. Before graduation, selling is only possible back into the curve. After graduation, the token trades on the open Raydium market, where price is set by the constant-product AMM formula and can be tracked on Jupiter, Dexscreener, and Birdeye.

How rug pulls actually work on Solana

A rug pull is any launch where the creators extract value from buyers through privileged access or misleading liquidity control. On Solana the mechanics are specific and recognizable:

• Mint authority retained. The deployer can mint unlimited new supply and dump it on buyers, collapsing the price.
• Freeze authority retained. The deployer can freeze holders' token accounts, preventing them from selling while the team exits.
• Unlocked or removable liquidity. If the LP tokens are not burned or locked, the deployer can withdraw the SOL from the pool, leaving buyers with a token that has no market.
• Sniper and insider distribution. A few wallets holding a large share of supply can dump into early buying pressure — a classic pump-and-dump pattern.
• Fake renouncement. Some tokens revoke the mint authority but keep control through a proxy contract or a large pre-mined allocation.

None of these are visible from the token's name or logo. They are visible on-chain, which is why every serious buyer checks the mint account and the holder distribution before entering.

Security checks before buying a new Solana token

A token is only as safe as its on-chain configuration, and these checks take under two minutes.

1. Verify the mint authority is revoked. On Solscan or Birdeye, open the token's mint account. If the mint authority field still shows an address, the deployer can inflate supply at will.
2. Verify the freeze authority is revoked. The same page shows the freeze authority. If it is set, holders can be blocked from selling.
3. Check the LP status. On Raydium, confirm whether the liquidity is burned or locked and for how long. Burned LP tokens cannot be withdrawn by anyone.
4. Review holder distribution. Look at the top 10 wallets. If a handful of wallets control a large percentage of supply, a coordinated dump is trivial.
5. Check the deployer's history. Wallets that have launched and abandoned previous tokens are a red flag, and this history is public.
6. Confirm the metadata and socials. A verified token page with real links reduces — but does not eliminate — the risk of a copycat contract.

No check guarantees safety. Meme coins are speculative instruments, and even a technically clean launch can go to zero if the community loses interest. The purpose of these steps is to filter out the launches where the odds are structurally rigged against buyers.

Common questions from new launchers and buyers

Many people ask whether they need to code to launch a token. They do not: pump.fun and similar launchpads handle minting, metadata, and the bonding curve through a browser interface, and the only technical requirement is a funded Solana wallet.

The next recurring question is about cost. A basic SPL token mint costs around 0.02 SOL in rent plus fees, but the real expense is liquidity: seeding a Raydium pool with meaningful depth requires far more SOL than the token creation itself. Launches that skip liquidity end up with a token no one can sell.

Finally, newcomers often confuse "revoked mint authority" with "safe." Revoking the mint authority only removes one attack vector. If the deployer still holds most of the supply in a few wallets or controls unlocked liquidity, the token remains a rug-pull candidate regardless of what the mint account shows.

Conclusion: launch mechanics and risk literacy go together

The technical path to a Solana meme coin is short — mint an SPL token, set metadata, revoke authorities, and either launch on a bonding curve or seed a Raydium pool. The hard part is everything around it: liquidity control, holder distribution, and the discipline to check those on-chain facts before buying. The video breakdown by the channel dodynoe walks through this same pipeline from the creator's side and shows how the same steps that make a launch possible can be misused. If you want to explore the launch platform covered in that walkthrough, start here: funrug.cc. Treat every meme coin as a high-risk position, verify the mint and LP status yourself, and never invest more than you can afford to lose.

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