7 Steps to Create a Meme Coin on Solana Without Getting Rugged

Video: Rug Pull Tutorial For Beginners 💰 How to create a meme coin on SOLANA?

Oct 16, 2026 · based on the channel dodynoe

To create a meme coin on Solana you mint an SPL token, set its name, ticker and supply, then launch it through a platform like pump.fun or seed a Raydium liquidity pool with SOL. The whole build takes minutes and costs a few dollars in fees, which is exactly why the same steps are used both by honest founders and by rug pullers — the difference is what they do with mint authority and liquidity afterward. If you want a guided walkthrough of the full flow, the launch platform linked here is a practical starting point: funrug.cc.

What a Solana meme coin actually is

A meme coin on Solana is an SPL token — the network's standard for fungible assets — created by a mint account that defines supply, decimals and two critical permissions. Unlike Ethereum, Solana has no per-token smart contract to audit line by line; the token is just an entry in a program, and most of the risk lives in the authorities and the liquidity, not in code. When you create a token you choose a name, a ticker symbol, decimals (usually 6 or 9), and a total supply, which is often set to 1,000,000,000 units so the price starts at a fraction of a cent. Two switches decide everything that follows: the mint authority, which allows new tokens to be printed at any time, and the freeze authority, which allows specific wallets to be blocked from transferring. A founder who keeps both is technically able to inflate the supply or trap holders, and experienced buyers check these fields before spending a dollar.

Step-by-step: minting an SPL token

Minting an SPL token on Solana means creating a mint account, attaching metadata, and deciding who controls supply. The technical path looks like this:

1. Install a Solana wallet such as Phantom or Solflare and fund it with SOL for fees and, later, liquidity.
2. Use a token creation tool or the SPL Token CLI to create the mint, specifying decimals and initial supply.
3. Attach metadata — name, symbol, logo URL and description — so the token displays correctly in wallets and on explorers.
4. Create the associated token account that will hold the initial supply.
5. Revoke the mint authority so no additional tokens can ever be printed.
6. Revoke the freeze authority so no wallet can be frozen.
7. Verify the result on a block explorer before announcing anything publicly.

Steps 5 and 6 are the ones that separate a serious launch from a setup that lets the creator dump on buyers. They are single transactions, they cost almost nothing, and their absence is the single most common red flag in new Solana tokens.

Launching through pump.fun and graduating to Raydium

Launching on pump.fun means your token starts trading instantly on a bonding curve instead of an open market. A bonding curve is a formula that sets the price automatically: every buy pushes the price up, every sell pushes it down, and there is no order book and no need to provide liquidity yourself. When the curve accumulates roughly $69,000 worth of SOL, the token "graduates" — the platform deposits that SOL plus the remaining tokens into a real liquidity pool, typically on Raydium, and the pool's LP tokens are burned so nobody can withdraw the liquidity. This is why pump.fun launches are considered fairer by default: the creator cannot pull the pool because they never hold it. The trade-off is that most tokens never graduate, and the ones that do often give back most of their gains within hours. If you skip the launchpad and go straight to Raydium, you must supply both sides of the pair yourself — your token and an equal value of SOL — and you receive LP tokens that represent your share of the pool.

Liquidity, LP tokens and how rug pulls work

A rug pull on Solana almost always comes down to liquidity, not to the token contract. When you add liquidity to a Raydium pool you receive LP tokens proportional to your deposit; whoever holds those tokens can redeem them for the underlying assets at any moment. A classic rug is simple: launch a token, add a modest amount of liquidity to make it look legitimate, let buyers push the price up, then remove all the liquidity and walk away with the SOL. Buyers are left holding a token with no market. The same effect can be achieved through the mint authority — print a huge supply and sell it into the pool — which is why revoking that authority matters so much. A softer version is the slow sell: the creator keeps a large share of the supply in several wallets and dumps it in small chunks over days, suppressing the price without triggering obvious alarms. None of these mechanics require hacking; they are built into how automated market makers work.

Red flags to check before you buy any new token

Checking a new Solana token takes about two minutes and eliminates most obvious traps. The essential checks, in order of importance:

• Mint authority revoked: if it still exists, the creator can print unlimited tokens.
• Freeze authority revoked: if it exists, your wallet can be frozen and your tokens made unsellable.
• Liquidity locked or burned: on pump.fun graduates the LP is burned automatically; on Raydium look for a lock or a burn transaction.
• Holder distribution: a single wallet holding 20% or more of the supply can crash the price on its own.
• Pool size relative to market cap: thin liquidity means a small sell moves the price violently.
• Age and volume: tokens a few minutes old with a huge market cap are usually the product of coordinated buying.

Tools like Dexscreener and Birdeye surface most of these numbers directly on the token page, and Solana explorers show the authority fields. Treating these checks as a habit rather than an exception is the difference between trading meme coins and donating to them.

Common questions from new creators and buyers

The questions people ask most often are less about code and more about trust. Creators want to know whether they can launch without any programming — yes, launchpads handle the minting and the curve for you, and the whole process can be done from a browser wallet. Buyers want to know whether a revoked mint authority guarantees safety — it does not, because the creator can still hold a large share of supply or remove liquidity from a manually created pool. Others ask why a token's price collapses the moment it graduates to Raydium: graduation often coincides with early buyers taking profit, and the new pool is deeper but far less reflexive than the curve. Finally, many wonder whether locked liquidity is permanent — it is only as permanent as the lock contract and the lock duration, both of which should be verified on-chain rather than taken from a project's own claims.

Useful links

• Launch platform referenced in the video: funrug.cc
• Video source: https://www.youtube.com/watch?v=K3OuVGQMSAo

The bottom line

Creating a meme coin on Solana is a fifteen-minute technical exercise: mint an SPL token, decide who keeps the mint and freeze authorities, and choose between a bonding curve launch on pump.fun or a manual Raydium pool. The hard part is not the creation, it is the conduct afterward — revoking authorities, burning or locking liquidity, and being transparent about how much supply the team holds. The same tools that let a developer launch an idea in an afternoon let someone else drain a pool in a single transaction, so the checks outlined above belong in every buyer's routine. The channel dodynoe walks through this exact flow in its beginner tutorial, including the mechanics behind liquidity manipulation, and it is worth watching alongside these notes to see the steps executed live. If you want to explore the launch side hands-on, start at funrug.cc and treat everything you deploy there as a technical experiment, not a business plan.

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