The 7min Guide to Launching a Meme coin on Solana

Hector D (@Cryptocomix)
6 min readMar 29, 2024

Want to create a fun meme token on Solana in just 7minutes? It’s surprisingly easy! (This guide won’t cover marketing, though, which is crucial for success.)

The entire process costs around 1 SOL, but consider it a sunk cost. There will be additional costs for initial liquidity (think of it as seed money for buying and selling your token). While 1 SOL is the minimum, 2–3 SOL is recommended, and ideally, 10 SOL for better stability.

Here’s the catch: Creating a token is simple, so be cautious when investing in new, unknown tokens. Anyone can make one!

This guide uses FluxBeam to create a sample token (Ekp8DAiKmVZDBG7e1FYakzjVnzct6qda8S265ZvWn1YN) without any coding. We’ll connect your wallet, fill in details, and create the token for just 0.01 SOL in Part 1.

Remember, creating a token is one thing. Building a successful one requires marketing and community engagement. This guide won’t cover that part. Without marketing, your initial liquidity might disappear quickly.

Part 1: creating the token/coin itself

I’m going to use FluxBeam to create the initial tokens:

https://fluxbeam.xyz/app/tools/token_create_v1

Connect your wallet, fill in your token’s details, and click Create. This will cost you 0.01 SOL.

Congratulations, you now own 10000 new tokens in your wallet.

FluxBeam will take you directly to your token’s detail page, you can copy your token’s CA (token address / mint address) from the URL, you will need it in the future, write it down somewhere:

Click on Manage on the top right corner, or open this url, replacing the address at the end with your CA from the previous step:

https://fluxbeam.xyz/app/tools/token_manager?mint=Ekp8DAiKmVZDBG7e1FYakzjVnzct6qda8S265ZvWn1YN

Increase Trust: Disable Minting and Freezing

Before we move on to airdrops, let’s take a step to build trust in your new token. FluxBeam allows you to disable both minting and freezing functionalities. This means you won’t be able to create more tokens or freeze existing ones in user accounts. This transparency helps assure users that the total token supply is fixed and their holdings are secure.

Simply click the two “REVOKE” buttons on this page. Each button will prompt a transaction for your wallet to sign. There’s no fee for this, but it might take a few minutes to be processed on the blockchain.

Once that’s done, we can proceed to airdrops (Part 1.5).

Part 2: creating the market for the coin, adding liquidity

Getting Your Token Listed (Raydium/Jupiter)

To get your token listed on popular Solana markets like Raydium and Jupiter, you’ll need to create a liquidity pool. This pool essentially holds your token and another established currency (usually wrapped SOL) like a reserve. Users can then swap between your token and SOL on these markets.

Creating the Market:

  1. Head over to the market creation tool : https://openbook-tools.dexlab.space/market/create
  2. Fill in the details:
  • Base Mint: Enter your token’s contract address (CA).
  • Quote Mint: Use the provided address (So11111111111111111111111111111111111111112) for wrapped SOL.
  • This will create a market named “EXAMPLE/SOL”.
  1. Tickers: You can set these to 4–4 for now. The provided link offers a tutorial for more details, but these values will work for this example.

Reducing Creation Cost:

The default settings might show a creation cost of 3 SOL. Here’s a trick to lower it to around 0.5 SOL:

  • Click on “Advanced Options”.
  • Change the values to:
  • Event Queue Length: 128
  • Request Queue Length: 9
  • Orderbook Length: 201
  • Leave the “Platform Fee” at 0.22.

Remember: Creating a market is just one part. You’ll also need to add funds (your token and SOL) to the pool for trading to function.

Click Create when ready, this will cost about 0.5 SOL.

You will be redirected to the following page after a few seconds:

Make sure to write down the Market Address of your token, we will need it in the next step.

You can close this page, we’re going to move to Raydium (raydium.io) now: https://raydium.io/liquidity/create/ (Pools / Create Pool)

Insert your Market Address, click Confirm.

The next part is about adding the liquidity to the pool, add all your tokens by clicking Max in the first input, Base Token Initial Liquidity (or type in about 90% of your tokens if you’d like to keep some for airdrop later).

Quote Token Initial Liquidity will be the liquidity in SOL you will add, I’d suggest adding at least 2–3, or ideally 10 — projects with large liquidity are more trustworthy for the community. I’m adding 0.7 SOL to demonstrate this.

There is a 0.68 SOL fee, plus the 0.7 SOL I’m adding to the initial liquidity, so this costs 1.43 SOL.

At this point, the token is available for trading, you can check it on Birdeye:

https://birdeye.so/token/Ekp8DAiKmVZDBG7e1FYakzjVnzct6qda8S265ZvWn1YN?chain=solana

You can also watch some bots trying to make a few bucks:

These bots will slowly drain your liquidity (0.7 SOL in my example) if you don’t have any marketing plans.

It usually takes about 10–15 minutes before you can trade the coin on Raydium too, so be patient.

Part 3: burning LP tokens

There is one more step I highly recommend, which is burning the LP tokens, which makes the creator impossible to remove the initial liquidity, so you won’t be able to rugpull in the classic sense:

Part 4: marketing / waiting

It takes 10–15 minutes for the token to be tradeable in Raydium, it will simply say “Pool not found” first. Just be patient.

Jupiter will automatically pick the coin up, usually in less than a day.

Bonus: Rugcheck.xyz:

You can also check your tokens on RugCheck (and also suggest using it for all the coins you want to invest in): https://rugcheck.xyz/tokens/Ekp8DAiKmVZDBG7e1FYakzjVnzct6qda8S265ZvWn1YN

This will take a while to update, the only remaining issues should be these after about an hour:

  • High holder concentration: we just created the token, it’s only bots trading it
  • Low amount of LP Providers: same
  • Low Liquidity: I only added 0.7 SOL for the tutorial’s sake, so it will be low

Congratulations! You’ve learned how to create a new token on the Solana blockchain — and also watched me burn about 2 SOL in the process.

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