How to create a Meme Coin on Solana?

If you want to create Meme Coin Solana, that is, a Meme Coin Cryptocurrency on the Solana blockchain this post is for you. We are going to teach you how to create a Meme Coin on Solana in just 1 minute and without having to program ANY Code. Moreover, for a price of only 0.1 SOL.

In 2 minutes of reading you will know everything you need to create your Meme Coin on Solana. Surely you must know that Solana is one of the most chosen blockchain when it comes to creating meme coins. Let's get straight to the point without forgetting the basic theory.

By the way, we will not only show you how to create your meme coin, but the whole process to launch a meme coin on Solana from 0 to 100! And all in easy steps.

If you are into video tutorials, you can watch this one, it refers to token in general but the Meme Coin is still a standard token.

Useful concepts when creating a meme coin on Solana

A "meme coin" is a type of cryptocurrency inspired by internet memes or humorous themes. These coins, often considered speculative assets, have gained popularity for their active community, viral marketing and explosive growth in value, exemplified by cryptocurrencies such as Dogwifhat ($WIF) and Bonk ($BONK). Today many users find themselves searching for how to make a Solana Meme Coin!

Meme coins emerged as a parody or commentary on speculation in the cryptocurrency market. Over time, some of these coins have transcended their humorous nature, acquiring a community of followers and developing use cases in the crypto ecosystem, such as participation in blockchain games, NFTs and crowdfunding.

In short, referring to Create Meme Coon Solana is the same as referring to any Solana token, with the difference being the humorous nature of the meme token.

How to make a meme coin on Solana?

First of all we must be clear that the key to the currency meme is the meme itself. It sounds redundant, but we cannot forget it. Basically, what makes a meme coin "relevant" is how easy it is to create memes with it.

The more and better memes we can make, the more reach we get.

The more reach we have, the more publicity and sales we will get.

In addition to the meme coin generation on Solana, we will summarize other details to be taken into account such as the revocation of the authorities, the creation of OpenBook Market and Liquidity Pool.

All these considerations must be taken into account when analyzing how much it costs to create a cryptocurrency meme coin on Solana. We must also keep in mind the costs of design, marketing and liquidity.

I would also recommend avoiding launching a meme coin until you have the basics in place: Branding, Marketing Plans, Social Media and Tokenomics.

Marketing and creation of the meme coin

Marketing is an inseparable concept when making a cryptocurrency meme. It is that they do not have more functionalities than that, being a meme. In terms of marketing, we must understand what drives the market (hype) and which platforms are the most used.

If we analyze objective data and examples of success stories of meme coins, most of the tokens with good publicity and higher yields generally use "influencer" promotions and are popularized in DAOs by Alpha Callers.

About the platforms: it is common to use Raydium, Birdeye, Jupiter Aggregator and Dexscreener to exchange tokens. Also Telegram groups to follow the market, trends and new tokens.

Other valued marketing actions are communities, social media platforms such as X and Discord, and it is also highly recommended to explore the option of having your own website for your project.

Choose Solana to create a meme coin.

Solana is known for its high transaction speed and low fees, it is an ideal platform to launch a meme coin.

Moreover, during the last time, Solana has been one of the most chosen blockchain when it comes to making a meme coin. This is easy to understand, supply and demand, if it is in demand it is because it is a good choice!

Create Solana Meme Coin step by step

Let's go directly to the step by step on how to create a Meme Coin on Solana without programming. For this we are going to use our dApp called Solana Token Creator, this tool will create our custom meme coin with the metadata we indicate in just 1 minute, for only 0.1 SOL.

If instead of creating a standard token for your meme coin you are interested in creating a tax token click here!

Configuring authorities of your Solana meme coin

"Immutable", "Revoke Freeze" and "Revoke Mint" refer to authorities. Let us explain what they mean and whether we should use these options.

On the Solana blockchain, a token has 3 different authorities:

• Update Authority allows you to update the token's metadata. When we revoke it, we make the token "immutable".
• Freeze Authority allows you to freeze the token in the holder's wallet. You cannot create a liquidity pool if you do not revoke the freeze authority.
• Mint Authority allows you to mint more supply of the token you created.

It is important for us, as founders, to revoke these authorities to ensure that people feel safe investing in our token.

We can revoke them all at Smithii Tools while creating our meme coin, all in one action!

Considerations prior to creating the meme coin on Solana

Before we start using the Solana Meme Coin Creator dApp or also called Solana Token Creator, we must decide on the token's custom properties, such as: Name, Abbreviation (Symbol), Decimals (determines the amount of tokens in each lock), Total Supply and Description.

NAME AND SYMBOL

As for names and abbreviations, it is best to carry your project name. If you do not have an NFT project, you should look for a meaningful name that has never been used before, but at the same time is easy for the person who sees or hears it to remember.

Marketing strategies start to operate from the choice of the name of your token, even more so if it is a Meme Coin, the humor or paradise can be contained in the name itself!

DESCRIPTION

The description is where you present the idea behind the creation of the token, write something related to the nature of the meme in a few words.

DECIMALS

The decimal number can vary from 0 to 9. Generally if you want to create a meme coin for your project, you should use the number between 6 and 9. The most common is 6.

SUPPLY

Sourcing is one of the most important parts, as we have to organize the financial landscape, this decision is closely linked to the Tokenomics of your project.

LOGO IMAGE

Another of the most impressive features when creating Solana token is the logo design. When designing tokens, you also need to pay attention to the images and colors of the logo to highlight them. This is also one of the factors that identify the brand and attract investors' attention, so we should focus on creating something unique and different.

This section is even more important if what we are going to do is to create a meme coin on Solana, since the image must be representative and viralizable. Note, use PNG format and the size is 1000×1000 pixels.

Launch meme coin on Solana

When you create a meme coin on Solana, the wallet you have used to create it will be the "Authority Wallet". This means that you will have full control over the token in question.

That authority is what will allow you to pair the token with another token that already has value in the market, such as $SOL or $USDC, which is known as creating liquidity.

Cheapest way to launch meme coin on Solana

Using Smithii's Solana meme coin creator is the most affordable way to create your meme coin, you will have already saved development costs or unnecessary risks you might take if you use untrusted platforms. The Smithii team is visible across all its networks and the online tools are audited.

With your meme coin at wallet, you are ready to launch your token to the market by creating a Liquidity Pool. We also have an online tool to do it without knowledge of code and in a few easy steps, very accessible.

You will create an OpenBook Market ID and add liquidity, choose when you want to invest in your market size, all in one place and in an intuitive way. Here we show you how to create the liquidity pool of your meme coin on Solana.

Using Smithii's tools to launch your meme coin on Solana gives you certain advantages, as you can launch your liquidity pool and make your first purchase at the same time.

If you are interested in knowing more about the latter, you should take a look at our article on how to avoid sniper bots in newly launched liquidity pools, where we talk about several concepts that will help you to succeed in your project.

How much does it cost to create a meme coin on Solana?

The cost of creating a meme coin on Solana is practically zero if you know how to program. If you don't, you will have to pay a developer to do it for you and usually the price for this service exceeds $100. In addition, you will have to wait for the developer to complete the work.

In this case we show you a method to do it in just one minute with a cost of 0.1 SOL, and you will be able to control the whole process, choose functionalities and unique features of your meme coin.

Solana Meme Coin Creator by Smithii Tool is the most accessible and economical way to create your meme coin on Solana, you can do it in a short time, intuitively, controlling every feature of your meme coin and especially you can revoke the freeze, mint and mutability authorities, all in an instant.

Considerations prior to adding liquidity to Solana's meme coin

• It is recommended to revoke all authorities of your currency meme.
• Most currencies meme add between 50% and 80% of total supply to the liquidity pool.
• The more liquidity you add, the more attractive your token will be. To get a successful meme coin, I would recommend adding at least 2000 USD.
• Your token will be "sniped" at launch. These "snipers" will get part of your liquidity. Therefore, the more liquidity you add, the less they will affect. The more promotion you do before the launch creating real buying pressure, the less they will affect.
• It is recommended to burn/lock the liquidity pool token, LP token (tokens you receive when creating the liquidity pool). You can burn LP tokens at sol-incinerator.com and lock LP tokens by following this guide. More on this later in this article!
• Correctly set up the "Min Order Size" and "Tick Size". Read on to learn more about this!

Creating Liquidity Pool of meme coin on Solana step by step

1. Go to Create liquidity pool ( https://tools.smithii.io/liquidity-pool/Solana ) and connect your wallet to use the tool.
2. Select the "Base Token" (the token you created and has no market value yet).
3. Select the "Quote Token " (a token with a market value, usually SOL or USDC).
4. Set the "Min Order Size" (Minimum amount of tokens that users will be able to purchase).
5. Set the "Tick Size" (Minimum amount that can change the price of your token)*.
6. Set advanced options: Event Queue Length, Request Queue Lenght and Orderbook Lenght (only if you want to use a cheap Market ID , from 0.4 SOL)** )**
7. Set the number of tokens and SOL/USDC you want to add.
8. Set launch date (optional)
9. Snipe your Own token (optional)
10. Click on "Create Liquidity Pool" and accept the 3 transactions.

For steps 4 and 5 you can use the following chart as a reference on how to set Min Order Size and Tick Size when creating Liquidity Pool on Solana:

Sniper your Token is a highlight of Smithii's Liquidity Pool creation tool. If you want to know more about Solana Sniper Bot check out this post

*You can use this chart as a reference for Min Order Size and Tick Size:

**In "advanced options" we can modify the size of our OpenBook Market, I leave you the inputs that you should use for 3 different sizes that I can recommend you:

Considerations about a OpenBook Market

If you want to save money when launching your meme coin, using an inexpensive OpenBook Market is a good way, but we must understand how it works and how to use it correctly.

An OpenBook Market is a "token pair" stored on Solana blockchain, which allows us to aggregate liquidity and is necessary for people to trade these tokens on DEX like Raydium.

The Market ID occupies a space on the blockchain that processes the transactions of our token pair, which is why we must pay a fee to create it.

Cost of creation of the OpenBook Market

The cost of creating a Market ID on Solana varies depending on the bytes we occupy. We can modify the "length" of our market to make our OpenBook Market cheaper.

The cheaper our marketplace is, the fewer transactions it can process.

We will tell you about the potential problems we can have if we do not use an optimal configuration of our market ID.

Problems with cheap OpenBook Market

According to the experiences of the users of Smithii, we had coins meme with around 500k Marketcap that had no problem in transactions.

If you are launching meme coin on Solana, a market ID of 0.4 SOL works perfectly well.

Moreover, if your project grows, you can always create more Market ID and different Liquidity Pools, even within different DEX.

To summarize, the problem we would have is that a percentage of the transactions with our liquidity pair will give error, but for that the volume of transactions would have to be very high.

Burn/Lock your token pair from your meme coin

Burning/locking Liquidity Pool tokens (those we receive when we create it) is an excellent option to show transparency and credibility to investors, motivating them to invest in our meme coin.

If the liquidity tokens are not burned and locked, they can be used to remove liquidity from the Solana liquidity pool....yes, the famous "Rug Pull".

To burn our LP Tokens, we can use sol-incinerator .com. Click on the "pro" button and they will appear in the "LP" window.

To lock our LP tokens, we can use Solana Token Vesting. dApp used for token locking and "vesting" on Solana. Here is a guide on how to do Solana Token locking

What to do after launching meme coin on Solana?

Once our meme coin and its liquidity pool have been created, it remains to list it on different platforms

List meme coin on Solana platforms

We are sure that you will want to increase the visibility of your Solana meme coin and including it in different platforms can make it more accessible to users and at the same time promote our project.

Let's introduce how we can list our meme coin at Birdeye, Dexscreener, Jupiter, Coingecko and Coinmarketcap.

Birdeye Y Dexscreener

Both are trading platforms with thousands of users. Our meme coin will automatically appear on them after creating the liquidity pool, so we don't need to do anything else.

We can pay to add our social networks to the profile of our meme coin and also to be shown as trending on the platform.

• List meme coin at Birdeye
• List meme coin at Dexscreener

Jupiter Aggregator

Jupiter is Solana's largest token trading platform. You can always trade your mem coin on Jupiter, but it will not be a "verified" token until you are accepted, which is ideal for motivating investments.

We can make a request via GitHub by following this guide: How to list a Solana meme coin in Jupiter.

Please note that only tokens with a large trading volume and market capitalization are verified. Do not submit your application from the beginning, as they will not approve your meme coin.

Coinmarketcap y Coingecko

They are popularly known, and listing on them is free exposure. To be on their platform, we will need to complete an application.

• Apply for Coinmarketcap
• Apply for Coingecko

How to make money by creating a meme coin on Solana?

The question is not simple, the meme coin appears to be the evolution of the alt coins, the latter need a specific technology or utility to add value, however the meme coin lacks these concepts, they only exist to exist.

But this is not all bad because we can agree that the arguments of a meme coin are given by the sense of belonging that gives the community and the speculative nature of generating wealth to the most novice and inexperienced users, as if it were a democratization of the profits that can be obtained in web3. The larger the community and the higher the percentage of acceptance and growth of the same, the greater the demand for the meme coin and therefore its value.

Surely, if you are the creator of the meme coin you will be among the first to have it among your assets, therefore you will earn more money in relation to the growth of its price. Here is another question : When to sell my meme coin? It is best to make a staggered sale based on our market analysis.

There is no short answer, but what does define the growth of a meme coin and its price is its community, the marketing around it, the power of the initial marketing, the influencers and callers talking about it, the first buyers earning profits while doing free advertising by sharing their experience, in short, speculation hand in hand with strong marketing will be the decisive factor when the price of a meme coin grows or, on the contrary, it will be quickly forgotten.

Now you can create your own Solana meme coin online

Visit Solana Meme Coin Creator website and feel free to browse the platform, you can create your token and many extra features. We have guides and tutorials for absolutely everything and a 24/7/365 support service.

Conclusion about creating a meme coin on Solana

Creating a meme coin on Solana offers a unique opportunity to combine humor, community and crypto technology. While the ephemeral nature of meme coins can be a challenge, with the right strategy, they can leave an indelible mark on the cryptocurrency world.

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