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, deciding whether to launch it through a no-code platform like pump.fun or manually with the Solana CLI, then seeding liquidity on a DEX such as Raydium. You can go from zero to a tradable token in under 10 minutes with a Phantom wallet and about 0.1–0.5 SOL for fees and initial liquidity. The channel dodynoe walks through this exact pipeline in a tutorial-style video, from token setup to liquidity deployment, and also shows how the same mechanics are abused in rug pulls. If you want a ready-made launch environment, you can explore the meme coin launch platform at https://funrug.cc before you build.

What a Solana meme coin actually is

A Solana meme coin is an SPL token with no intrinsic utility, priced purely by community attention and speculation. The SPL Token Program defines the standard: a mint account that controls supply, token accounts that hold balances, and optional mint and freeze authorities that can create new tokens or lock user accounts. Unlike Ethereum's ERC-20, Solana tokens don't need a smart contract per token; the logic lives in the shared Token Program, which is why creating one costs a fraction of a cent in SOL. That low cost is also why thousands of meme coins launch on Solana every day, and why most of them go to zero within hours. The technical barrier is almost zero — the real work is in distribution, liquidity, and trust signals that convince strangers to buy.

Two paths to launch: pump.fun or a custom SPL token

You can either use a no-code launchpad or mint your own token and list it manually. The choice determines your fees, control over supply, and how the price curve behaves at launch.

pump.fun (no-code). Connect a Phantom or Solflare wallet, upload a name, ticker, image, and description, then buy the first batch of your own token. The platform mints the SPL token for you and sells it along a bonding curve. When the coin reaches roughly $69,000 in market cap, liquidity is deposited into Raydium and the LP tokens are burned, which is what "graduation" means. Cost: a small creation fee plus the SOL you spend on your initial buy.
Custom SPL token (manual). Use the Solana CLI with `spl-token create-token`, then `spl-token create-account` and `spl-token mint` to issue supply. You control decimals, total supply, and metadata. After that you create a market and pool on Raydium or another Solana DEX, deposit equal value of SOL and your token, and receive LP tokens representing your share of the pool.

Both routes end in the same place: an SPL token with a mint address, a DEX pool, and a price chart on Dexscreener or Birdeye.

Step-by-step: minting and launching an SPL token

This is the manual route, useful if you want full control over supply and metadata instead of a bonding curve.

Set up a wallet. Install Phantom or Solflare, fund it with 0.5–1 SOL, and export the keypair you'll use for the CLI. Keep this wallet separate from your main holdings.
Install the Solana toolchain. Solana CLI and the SPL Token CLI let you create and manage tokens from the terminal. Confirm the cluster is mainnet-beta before you sign anything.
Create the mint. Run `spl-token create-token` to generate a mint address, then `spl-token create-account` for your own token account and `spl-token mint` to issue the supply you want. Decide decimals up front — 6 or 9 is typical for meme coins.
Attach metadata. Use the Metaplex Token Metadata program to set the name, symbol, and logo URI so wallets and explorers display your coin correctly.
Revoke authorities. Run `spl-token authorize <mint> mint --disable` and the same for freeze. Once mint authority is revoked, nobody — including you — can inflate supply. This is one of the strongest trust signals a new token can have.
Create the liquidity pool. On Raydium, pick your token and SOL, deposit both sides, and confirm the transaction. You'll receive LP tokens.
Lock or burn the LP. Send LP tokens to a locker service or burn them. Burned or locked liquidity means you can't pull the SOL back out, which removes the single most common rug-pull mechanism.

How rug pulls work and the red flags to check

The same steps that let you launch a token also let someone drain buyers — which is why the dodynoe video frames the tutorial as a rug-pull walkthrough. Understanding the mechanics is the fastest way to avoid being the exit liquidity.

Mint authority still active. If the creator can mint new supply at will, they can dilute holders to zero in one transaction. Check the mint authority field on Solscan before buying.
Unlocked liquidity. If LP tokens aren't burned or locked, the creator can remove all SOL from the pool, collapsing the price instantly. Look for an LP lock percentage on Rugcheck or Dexscreener.
Freeze authority active. A live freeze authority lets the creator freeze your token account so you can't sell. Revoked freeze authority is a green flag.
Concentrated holders. If one wallet holds 20%+ of supply, a single sell can crater the chart. Check holder distribution on Birdeye.
Fake socials and copied art. Stolen logos, brand-new accounts, and comment sections full of bots are standard pump-and-dump setup.
Sudden volume spikes with no news. Organic meme coins build slowly; a vertical candle on a token nobody has heard of is often a coordinated pump.

No single check is conclusive. A coin with revoked authorities, burned LP, and a wide holder base can still fail — but it can't be rug-pulled through the classic mechanisms.

Common questions from new launchers and buyers

People launching their first token usually worry about cost and control, while buyers worry about getting dumped on. Both concerns come down to the same two levers: who holds the mint authority, and who holds the liquidity.

"How much does it cost to launch?" On pump.fun, the creation fee is negligible and the real cost is your initial buy. Manually, budget 0.1–0.5 SOL for mint, metadata, and pool creation, plus whatever SOL you seed into the pool.
"Can I change the supply after launch?" Only if you kept mint authority. Revoking it is permanent, which is exactly why buyers look for it.
"Why did my token's price drop right after launch?" Usually because the creator's initial buy is sold into early buyers, or because the bonding curve mechanics mean price falls as people sell before graduation.
"Is a locked LP enough to be safe?" No. Locked liquidity removes one rug vector, but an active mint authority, a freeze authority, or a single whale holder can still destroy the price.

Useful links

Meme coin launch platform referenced in the video: https://funrug.cc
Video source: https://www.youtube.com/watch?v=K3OuVGQMSAo (channel dodynoe)

The bottom line on launching a Solana meme coin

Creating a meme coin on Solana is technically simple — an SPL mint, some metadata, and a Raydium pool — but the difference between a legitimate launch and a rug pull comes down to two decisions: revoke the mint and freeze authorities, and burn or lock the LP tokens. Do both and you've removed the mechanisms that let a creator drain buyers; skip either and you've built the exact setup the dodynoe tutorial warns about. The channel dodynoe covers the full pipeline in its video, from token creation to liquidity deployment and the red flags in between, so watch it if you want the walkthrough alongside this guide. If you'd rather start from a ready-made launch environment, head to https://funrug.cc and explore the platform before you mint anything.

Key takeaways

Solana meme coins are SPL tokens; you can launch one on pump.fun in minutes or mint a custom token with the Solana CLI or Token Program.
pump.fun uses a bonding curve and graduates a coin to Raydium once it hits roughly $69,000 in market cap.
Revoke mint and freeze authority before adding liquidity; otherwise you can mint unlimited supply or freeze buyer wallets.
Lock or burn LP tokens after seeding a Raydium pool — unlocked liquidity is the most common rug-pull vector.
Check holder distribution, LP lock status, and socials on Dexscreener or Birdeye before buying any new Solana token.

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

Questions & answers

How much SOL do I need to create a meme coin on Solana?

On pump.fun, the creation fee is tiny and your real cost is the initial buy you make in your own token. For a manual SPL token launch, budget roughly 0.1–0.5 SOL to cover the mint, Metaplex metadata, and Raydium pool creation, plus whatever SOL you seed as liquidity. Network fees on Solana are fractions of a cent per transaction, so the bulk of the cost is the liquidity itself.

What is the difference between launching on pump.fun and creating my own SPL token?

pump.fun mints the token for you and sells it along a bonding curve, graduating it to Raydium once it reaches around $69,000 in market cap with burned LP. A custom SPL token gives you full control over supply, decimals, and metadata, but you handle the DEX listing and liquidity yourself. The launchpad route is faster and cheaper; the manual route is more flexible.

How can I tell if a new Solana meme coin is a rug pull?

Check the mint and freeze authority on Solscan — if either is still active, the creator can inflate supply or freeze your account. Then verify whether LP tokens are burned or locked, and look at holder distribution to see if one wallet controls a large share. None of these checks guarantees safety, but active authorities plus unlocked liquidity is the classic rug-pull setup.

Can I remove liquidity after launching my token?

Technically yes, if you still hold the LP tokens — that is exactly how a rug pull works. If you burn or lock the LP tokens, you permanently give up the ability to withdraw the pooled SOL, which is why buyers treat burned liquidity as a trust signal. Most legitimate launches burn or lock LP at creation to prove the creator can't exit.