Create and Launch Meme Coin in Solana

CREATE MEME COIN ON SOLANA WITHOUT CODE

If you want to create Meme Coin Solana, that is, a Meme Coin Cryptocurrency on the Solana lockchain this post is for you. We are going to teach you how to create a Meme Coin in 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 in Solana. Surely you must know that Solana is one of the most chosen lockchain 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 in Solana from 0 to 100! And all in easy steps.

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

WHAT IS A MEME COIN ONSOLANA?

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 lockchain games, NFTs and crowdfunding.

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

WHAT IS NEEDED TO GENERATE MEME COIN ON SOLANA?

First of all, we must be clear that the key to the meme currency is the meme itself. It sounds redundant, but we cannot forget it. Basically, what makes a meme currency "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 in 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 in 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 MEME COIN IN SOLANA

Marketing is an inseparable concept when making a meme cryptocurrency. It's just that they have no more functionality 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 meme coin success stories, 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 a project's own website.

WHY CREATE A MEME COIN ON SOLANA?

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 lockchain 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!

HOW MUCH DOES IT COST TO CREATE MEME COIN SOLANA?

The cost of creating a meme coin in 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 the price for this service is around $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, plus you will be able to control the whole process, choose functionalities and unique features of your token.

CREATE MEME COIN IN SOLANA STEP BY STEP

Let's go directly to the step by step on how to create a Meme Coin in 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!

ADDITIONAL CONFIGURATION: MEME COIN CREATION AUTHORITIES

"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 lockchain, 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 in Smithii Tools while creating our meme coin, all in one action!

CONSIDERATIONS TO TAKE INTO ACCOUNT BEFORE USING SOLANA MEME COIN CREATOR

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 in Solana, since the image must be representative and viralizable. Note, use PNG format and the size is 1000×1000 pixels.

WHAT HAPPENS AFTER CREATING MEME COIN SOLANA?

Note that the tool will set the wallet you are using to create as an "Authority Wallet". That means that the wallet will have full control over the Meme Coin you are creating.

Once completed, your SPL token will be generated. You can access your wallet and view your total supply. Visit Solscan to find all the token information. You are now ready to move on to other functionalities of your project such as creating the Liquidity Pool.

CREATE LIQUIDITY POOL MEME COIN SOLANA

Once we have our meme coin ready, we can move directly to creating a liquidity pool or Liquidity Pool as it is known in the crypto ecosystem. In Solana, we first need to create an OpenBook Market and then add liquidity, but we can do it all in one step with Smithiii's "Create Liquidity Pool" tool. Smithii's "Create Liquidity Pool" tool. .

This tool allows us to create our liquidity fund in Raydium, the most chosen Dex platform by users of the Solana lockchain, from only 1 SOL (up to 3.5 SOL depending on the configuration you use).

CONSIDERATIONS PRIOR TO THE CREATION OF LIQUIDITY FOR MEME COIN:

• It is recommended to revoke all authorities of your currency meme.
• Most meme currencies 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 fund token, LP token (tokens you receive when creating the liquidity fund). You can burn LP tokens at sol-incinerator.com and lock LP tokens at streamflow.finance. More on this later in this article!
• Correctly set the "Min Order Size" and "Tick Size". Read on to learn more about this!

CREATE LIQUIDITY POOL OF MEME COIN IN 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 theQuote Token (a token with market value, usually SOL or USDC).
4. Set the "Min Order Size" (Minimumamount 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 to be added.
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 in Solana:

Sniper your Token is a highlight of Smithii's Liquidity Pool creation tool, you will have a better chance of preventing your token from being exploited by third-party sniper bots.

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

6. Configure the advanced options. Only if you want to create a cheap Market ID. You have 3 preconfigured options to make the process much easier. Also in the following paragraphs we explain you what a cheap Open Book Market implies
7. Select the amount of tokens (your meme coin) and SOL/USDC you wish to add.
8. Set launch date (optional).
9. Click on "Create Liquidity Pool" and accept the 3 transactions.

The process will take a few moments to complete and then you will see your Market ID and Liquidity Pool addresses. Save them, you will need them for future use.

**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:

WHAT TO TAKE INTO ACCOUNT WHEN CREATING A CHEAP OPENBOOK MARKET IN SOLANA

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 lockchain, 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 lockchain that processes the transactions of our token pair, which is why we must pay a fee to create it.

COST OF CREATING THE OPENBOOK SOLANA MARKETPLACE

The cost of creating a Market ID in 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 tell you about the potential problems we can have if we do not use an optimal configuration of our market ID.

PROBLEMS OF THE CHEAP OPENBOOK MARKET

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

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

Moreover, if your project grows, you can always create more Market IDs 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 LIQUIDITY POOL IN SOLANA

Burning/locking Liquidity Pool tokens (those we receive when creating 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" in Solana. Here is a guide on how to do Solana Token locking

LAUNCH MEME COIN IN SOLANA

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

LISTING 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 in Birdeye, Dexscreener, Jupiter, Coingecko and Coinmarketcap.

BIRDEYE AND DEXSCREEENER

Both are trading platforms with thousands of users. Our meme coin will automatically appear on them after creating the liquidity fund, 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.

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 token 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.

COINGECKO AND COINMARKETCAP

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: https://support.coinmarketcap.com/hc/en-us/requests/new
Apply for Coingecko: https://docs.google.com/forms/d/e/1FAIpQLSfpIPMsCvVokn7l6OpjJmJoYRxvpArYpO4rvcps-0XQxLQ7DQ/viewform

IS IT SAFE TO CREATE MEME COIN SOLANA HERE?

We are a Dubai based company with thousands of active users every month on our tools. Also, even though the tool creates your token, the wallet you use will have the "mint authority" and the "freeze authority", so you will be in control.

In addition, at no time is any access to your private key, NFTs or Tokens requested within your wallet. In other words, all your assets will be safe.

That's not all, we are a fully doxxed team, meaning that you can identify and contact us in a simple search through our platforms and the web.

CONCLUSION

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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