How to create a free Meme Coin (easy way vs. the best way)

It is possible to launch your meme coin for free, without spending a single dollar. This is in principle by using the Pump.Fun tool.

However, like everything in life, it has its limitations, and I'm going to tell you everything about them. Then, I am going to show you an alternative to make a token for real scalable if what you are looking for is to make money, obviously for that you have to pay a minimum fee. It all depends on what you are looking for, let's get to it.

Step by step: How to create your free meme coin

Pump Fun is a platform that does not have many complexities despite its confusing web design. Here I explain how you can create your token step by step:

1. Login to Pump Fun: The first thing you have to do is to access the Pump Fun platform. Create an account or connect your Solana wallet.
2. Select "Create Token": In the main menu, you will see the option "Create Token". Click there and fill in the information for your meme coin : name, symbol and maximum number of tokens.
3. Generate the token: Once configured, just click on the create button. This is where Pump Fun works its magic and generates your token at no cost.
4. Add liquidity: Although you can create the token for free, you can also add liquidity without paying SOL, but there is a trick that I explain below.

Your meme coin is ready! You just learn how to create a meme coin for free. Your token now exists on Solana's blockchain, and you can start sharing it with your friends or launching it to a wider audience.

Pro Tip: Launch a bundle on pump fun

If you want your token launch to look something similar to this:

What you need to do is to create a token with a bundle transaction by using a Bundler from Pump Fun and following the steps below:

1. Go to the bundler tool and fill in the information to create the token: Name, Symbol, Description, Image
2. Add your social links (optional but recommended)
3. Set up automatic purchase at launch: Add the private key of the wallet from which you will purchase your own tokenSmithii does not store any keys) and define how many SOL you will invest in the initial purchase from that wallet.
4. Repeat these steps to add multiple wallets (up to 10). This way, you will be able to make simultaneous purchases in the same block.
5. Click "Pump Launch & Buy".

At this point, Smithii's tool generates your token and send purchase transactions automatically.

Limitations of creating a meme coin on Pump Fun for free

Although Pump Fun allows you to create a meme coin for free and add liquidity to it at no cost, you should know that this method has certain restrictions that you should take into account:

1. Minimum liquidity on Raydium: If your intention is to list the meme coin on Raydium, it is important to know that there is a minimum liquidity threshold that you must reach. Until you exceed a certain amount of SOL, your token will not appear on the market.
2. Lack of control: Unlike other methods, Pump Fun does not give you full control over advanced technical aspects of your token. It is a "plug and play" solution, which means it can be very limited for those looking for more customized options.
3. Less visibility in large markets: By using Pump Fun, your meme coin is limited to that environment. If you are looking for your token to gain visibility in larger exchanges such as Raydium or Jupiter from the start, Pump Fun may not be the ideal choice, as you need to pass certain liquidity thresholds to appear in these more relevant markets.
4. Very difficult to get a community to support you: To be honest, due to the degen nature of Pump Fun, it is very difficult to start a community and get them to invest their money in your token and trust you from the beginning.
5. You cannot revoke authorities: To offer absolute assurance and for other buyers to trust your free meme coin, it is important that you revoke the main authorities. You will not be able to do this from the platform we use in this guide to make a free meme coin.

Alternative: Create your meme coin in Smithii and launch it in Raydium

If Pump Fun is too basic or limiting for you, the best alternative is Smithii, which offers much more control over your token and its liquidity, allowing you to launch at Raydium from the beginning. Here's how to do it in a few simple steps:

1. Create your token: Go to Solana Token Creator. Here you can configure not only the name and number of tokens, but also advanced parameters such as revoking freeze authorities, mint and token update.
2. Create Liquidity Pool: Smithii allows you to launch your liquidity pool at Raydium without programming with the Liquidity Pool creator tool, with which you can make your own LP snipe and much more.
3. List on DEX: With the liquidity pool created on Smithii, you can directly list your token on Raydium, and you don't need to worry about reaching liquidity minimums. It will also be listed on DexScreener, DexTools, etc.

If you want to know how to do it from scratch you can see our complete guide on how to launch a meme coin on Solana.

FAQ

Several users have repeated some questions that we decided to summarize in this Q&A section. Due to our experience and knowledge on how to create meme coins, you can ask any other in the comments section.

Can I create a free meme coin?

Yes, it’s completely possible and you can potentially capitalize on large sums of money if you have a community, offer a unique token, and revoke the main authorities to provide security. The latter can’t be done when creating a meme coin for free on Pump.Fun, but we offer you our tools to revoke the freeze, mint, and update authorities on Solana.

What disadvantages would I have if I create a free meme coin?

When creating a meme coin for free on Pump Fun, you won’t be able to revoke authorities, and you’ll be limited in several technical aspects. You won’t have access to substantial features like buying your meme coin exactly at launch or distributing the memecoin across multiple wallets. It’s also more complicated to list on major markets like Raydium (reducing your chances of being seen by large communities), and your liquidity pool will be limited by Pump Fun.

Where can I create a free meme coin?

You can create a meme coin totally free from Pump Fun, but you will be limited in several technical aspects and you will not have features to support your release.

Conclusion

Creating a free meme coin is somewhat feasible with Pump Fun, but if you really want to drive a project and make money, you should opt for an alternative that lists you directly on Raydium as you can do with the tools of Smithii.