How Do You Create a Meme Coin on Solana Without Getting Rugged Yourself?

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, attaching metadata, and seeding an initial liquidity pool — usually through a no-code launchpad like pump.fun, with the option to migrate to Raydium later. You can go from zero to a tradable token in under ten minutes, and most of that time is spent uploading an image and picking a ticker. The harder part is doing it in a way that doesn't look like a rug pull to the people you want to buy in. A launch platform such as funrug.cc walks through the token setup and liquidity steps in one place, and this guide explains what each step actually does.

What a Solana meme coin actually is under the hood

A Solana meme coin is an SPL token — the same token standard used by USDC and every other fungible asset on the network. What separates a meme coin from a "serious" token is not the code but the economics: no utility, no revenue, and a price driven entirely by attention and liquidity. Three parameters define almost everything about how it will trade.

1. Total supply. Most launches pick a round number — 1,000,000,000 tokens is the de facto default on pump.fun. Supply itself is arbitrary; what matters is how much of it sits in the liquidity pool versus in creator-controlled wallets.
2. Decimals. Nine decimals is standard for SPL tokens, but meme coins often use six so that prices display cleanly on charts.
3. Authorities. The mint authority can create new tokens at will. The freeze authority can lock any holder's account. Leaving either enabled is the single biggest technical red flag a buyer can spot on-chain.

Metadata — name, ticker, logo, description — is stored off-chain (typically on IPFS or Arweave) and referenced by the mint. It costs a fraction of a SOL to create the mint account and a small amount of rent to keep it alive.

Step-by-step: how to create a meme coin on Solana

A no-code launch on Solana follows the same five steps whether you use pump.fun, a similar launchpad, or a custom script. The order matters because liquidity can't be added before the token exists.

1. Set up a wallet. Install Phantom or Solflare, write down the seed phrase offline, and fund the wallet with enough SOL to cover the mint, metadata, and initial liquidity — budget 0.5 to 2 SOL depending on how much you want to seed.
2. Create the SPL token. On pump.fun this happens automatically when you fill in the form. If you're doing it manually, you use the SPL Token Program to create a mint, then create the associated token account that will hold the supply.
3. Attach metadata. Upload the name, ticker, logo, and description. This is what shows up on Dexscreener, Birdeye, and Jupiter.
4. Seed liquidity. On pump.fun, buyers fund the pool through a bonding curve — you don't add liquidity yourself. On Raydium, you deposit both SOL and tokens into an AMM pool, and the ratio you deposit sets the opening price.
5. Revoke authorities and lock liquidity. Burn the mint authority, revoke the freeze authority, and lock or burn the LP tokens. These three actions are what turn a launch into something a stranger can reasonably buy.

How pump.fun bonding curves and Raydium graduation work

pump.fun replaces the traditional liquidity pool with a bonding curve, a mathematical formula that prices the token as people buy. Early buyers get a lower price; each purchase pushes the price up along the curve. There is no order book and no market maker — the contract itself is the counterparty. When the token's market cap reaches roughly $69,000, the accumulated SOL and remaining tokens are deposited into a Raydium liquidity pool, and the token "graduates" to open market trading. This mechanism removes the need for a creator to fund liquidity, which is precisely why it became the default launch route on Solana. It also means the creator never controls the pool directly — a structural improvement over older launch methods where the deployer added liquidity and could pull it out at any moment.

How rug pulls work and what to check before buying

A rug pull on Solana is any exit where the creator extracts value from buyers, and it almost always follows one of four patterns. The first is the classic liquidity pull: the deployer adds SOL and tokens to a Raydium pool, waits for buyers, then withdraws the SOL, leaving the token unsellable. The second is a mint exploit: the mint authority stays active, so the creator prints billions of tokens and dumps them into the pool. The third is a freeze exploit, where the freeze authority is used to lock buyer accounts so they can't sell while the creator does. The fourth is a slow distribution rug: pre-loaded wallets sell into organic buying pressure over hours rather than all at once. Before buying any new Solana token, check these on Solscan or Birdeye:

• Mint authority: should be revoked or set to null.
• Freeze authority: should be revoked.
• LP status: liquidity should be burned or locked, and the lock should be verifiable on-chain.
• Holder distribution: the top ten wallets should not control a suspicious majority of supply, and none should be the deployer's known address.
• Age and volume: a token with high volume but very few holders is often wash trading.

None of these checks guarantees safety. They filter out the laziest scams, which is still most of them.

Common questions from people launching their first token

The questions that come up most often from first-time launchers are about cost, legitimacy, and what happens after graduation. Launching on pump.fun costs a small flat fee plus network fees, typically well under 0.1 SOL in total — the real cost is whatever you decide to seed as liquidity. There is no legal requirement to register a meme coin in most jurisdictions, but marketing it as an investment with promised returns crosses into securities territory in several countries, including the United States. After graduation to Raydium, the creator's role is essentially over unless they hold tokens — the pool trades on its own. And yes, a token can be created with no coding at all; the launchpad handles the SPL token program calls on your behalf. If you want to understand the mechanics before committing SOL, a walkthrough such as the one on funrug.cc is a reasonable starting point.

Why the "rug pull tutorial" framing misses the point

The channel dodynoe's video is titled as a rug-pull tutorial, but the useful content is the mechanics, not the exit. Understanding how a token is created, how authorities work, and how liquidity is seeded is exactly what lets you evaluate someone else's launch in under two minutes. The same knowledge that would let a bad actor drain a pool is the knowledge that lets a buyer spot the setup before it happens — and on Solana, where every mint, authority change, and liquidity event is public, the information is available to anyone willing to look. Treat any launch that hides its authority status or LP lock as a pass.

Final thoughts

Creating a meme coin on Solana is technically trivial and legally neutral; what determines whether it's a legitimate project or a scam is entirely in the choices made after the mint. Revoke the authorities, lock the liquidity, distribute the supply honestly, and the token has a fair shot. Skip those steps and you've built a rug pull whether you intended to or not. The video breakdown by the channel dodynoe covers the same ground from a developer's perspective and is worth watching alongside this guide. If you want to explore the launch flow hands-on, start at funrug.cc.

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