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

To create a meme coin on Solana you mint an SPL token, set its supply and decimals, attach metadata (name, ticker, image), then open a trading market. The fastest route is a launchpad such as funrug.cc, which bundles token creation, a bonding curve and liquidity deployment into a few clicks, while the manual route means using the SPL Token program and adding liquidity on Raydium yourself. Either way the token is live on-chain in minutes and tradable through Jupiter and other Solana DEXs.

What a Solana meme coin actually is

A Solana meme coin is not a special asset class — it is a standard SPL token with a name, a ticker and a logo, usually created with no product behind it. The Solana Token Program stores the mint account (total supply, decimals, authorities) and every holder's token account, while the Token Metadata program stores the off-chain-style JSON that wallets and Dexscreener read for the name, symbol and image.

Three authorities define what the creator can still do after launch:

1. Mint authority — can create new tokens out of thin air and dilute holders.
2. Freeze authority — can freeze any holder's token account and stop them selling.
3. Metadata authority — can change the name, symbol or logo after launch.

A clean launch revokes all three. A launch that keeps them is a loaded gun pointed at buyers, and this is exactly the mechanic that separates a normal meme coin from a rug pull.

Cost is trivial: the network fee is a fraction of a cent, and the rent-exempt deposit for the mint account is around 0.02 SOL. The expensive part is not creating the token — it is getting anyone to buy it.

Step-by-step: creating the token

Creating a Solana meme coin takes four concrete steps, and the whole flow runs in under ten minutes.

1. Install a wallet. Phantom or Solflare, funded with a small amount of SOL — 0.1 SOL covers token creation plus a first liquidity deposit.
2. Pick a creation route. A launchpad (pump.fun, funrug.cc and similar) handles minting, metadata and the initial market in one screen. The manual route uses the SPL Token CLI or a script: create the mint, create the associated token account, mint the supply, then upload metadata.
3. Set supply and decimals. Meme coins almost always use 1,000,000,000 supply with 6 decimals, matching the convention traders expect on Dexscreener.
4. Upload metadata and revoke authorities. Name, ticker, description, logo and social links go into the metadata account; then mint and freeze authorities are revoked so buyers can verify the supply is fixed.

A launchpad skips steps 2-4 for you but takes a cut of trading fees and, in most cases, keeps the liquidity under its own program rather than a wallet you control.

Launching through pump.fun and Raydium

pump.fun is the dominant Solana launchpad because it removes the need to seed a liquidity pool yourself. A new token starts on a bonding curve: buyers purchase from a deterministic price curve, and the SOL raised sits inside the curve rather than in an open pool. When the token's market cap hits the graduation threshold — historically around $69,000 — the platform deposits the accumulated SOL plus the remaining tokens into a Raydium (now often PumpSwap) liquidity pool and burns the LP tokens.

That graduation mechanic matters for two reasons. First, it means early buyers on the curve get a better average price than anyone buying after the migration. Second, it means the creator never has to provide liquidity, which removes the most common rug-pull vector — but only for tokens that actually graduate. The overwhelming majority do not: industry trackers have repeatedly put the graduation rate in the low single digits, with roughly 1-2% of launches reaching a pool.

On Raydium, by contrast, the creator seeds the pool directly: they deposit a chosen amount of tokens and SOL at a chosen initial price, and receive LP tokens representing their share. Whoever holds those LP tokens can withdraw the SOL at any time. That single fact is the root of most Solana rug pulls.

How rug pulls work and what to check

A rug pull is the removal of liquidity or the inflation of supply after buyers have entered, and on Solana it usually takes one of four shapes.

• Liquidity pull. The creator holds the LP tokens and withdraws the SOL, leaving a pool with tokens but almost no money. Price collapses instantly.
• Mint-and-dump. Mint authority was never revoked, so the creator mints billions of tokens and sells into their own market.
• Freeze-and-extract. Freeze authority is used to lock buyers out while the creator exits at the top.
• Slow bleed. No single dramatic event; the creator simply sells insider allocations into every rally.

Before buying any new Solana token, run these checks:

1. Open the mint address on Solscan or Birdeye and confirm mint authority and freeze authority are both revoked.
2. Check the LP status — locked or burned liquidity means the creator cannot withdraw it; unlocked means they can.
3. Review holder distribution. A top-10 concentration above roughly 20-30% outside of known pools and burn addresses is a warning.
4. Look at wallet age and funding. Freshly funded wallets buying in the first block are usually the creator's own.
5. Compare the socials' creation dates with the token's. Socials made the same day as the mint, with no history, are a red flag rather than a community.

None of these checks guarantees safety. They filter out the lazy rugs, not the sophisticated ones.

Common questions from new launchers and buyers

The questions that come up most often in the comments under launch tutorials are about cost, legality and whether the launchpad can be trusted.

On cost, the honest answer is that creating the token is nearly free and the real expense is liquidity plus marketing. A creator who wants a tradable market on Raydium needs to deposit both SOL and tokens, and that deposit is what buyers will eventually be able to withdraw if it is not locked.

On legality, launching a token is legal in most jurisdictions; using one to take money from buyers through undisclosed supply inflation or a liquidity pull is not, and it is prosecuted as fraud in a growing number of countries. The technical ease of the launch says nothing about the legal exposure of the exit.

On launchpads, the trade-off is control versus convenience. A launchpad gives you a market in one click and handles graduation, but you do not own the liquidity and you pay trading fees to the platform. A manual Raydium launch gives you full control and full responsibility — including the responsibility for locking or burning the LP tokens so buyers can verify you cannot exit.

For buyers, the practical rule is simple: if you cannot verify the authorities and the liquidity status in under two minutes, you are not early, you are exit liquidity.

Useful links

• funrug.cc — the meme coin launch platform featured in the walkthrough.
• Solscan and Birdeye — for verifying mint authority, freeze authority, holders and LP status.
• Dexscreener — for chart, liquidity and volume checks before buying.

Final thoughts

Creating a meme coin on Solana is a ten-minute technical exercise: mint an SPL token, set supply and decimals, attach metadata, revoke mint and freeze authorities, then either launch on a bonding curve through a platform like funrug.cc or seed a Raydium pool yourself and lock the LP. The hard part is everything after the launch — liquidity, distribution and the trust of buyers who now know exactly which red flags to check. The video breakdown by the channel dodynoe walks through the same mechanics from the creator's side, which is precisely why it is worth watching before you buy any new Solana token rather than after. Treat every launch as adversarial until the on-chain data proves otherwise.

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