How to Create Your Own Fair Launch Solana Memecoin on Pump.Fun

Decentralised News

In today's video, we dive deep into the world of fair launch meme coins, a unique subset of cryptocurrencies known for their light-hearted themes and equitable distribution methods. We'll explore what makes a cryptocurrency launch "fair" and why these coins are capturing the attention of investors around the globe.

Transcript

00:00what's up guys welcome back to the channel in today's video we'll be doing a step-by-step

00:07tutorial of how you can actually create your own meme coin on solana using pump.fun so pump.fun

00:17is pretty much a fair launch meme coin platform on the solana blockchain and i want to show you

00:25guys how easy it is to really create your own coin and if you've got the power to actually market it

00:32yourself in a very strategic and very engaging way maybe this is a platform that gives you an

00:39opportunity to do just that and bring liquidity because what they do is they actually automatically

00:45manage everything for you because they ensure the security of all the issued tokens on the platform

00:52to prevent a rug pulls okay so every cryptocurrency that's listed on the pump.fun a platform is

00:59actually a fair launch project with no pre-sales no allocations that are reserved for the team

01:05and also the process is very straightforward and transparent if you like the kind of content

01:12that i bring on this channel make sure you hit that like button subscribe and always head on over to our

01:16main site decentralized.news if you want to actually check out our own meme coin also check out the

01:23link in the description i will show you how we can get this done on solana and it'll cost you just

01:31about two dollars or thereabouts so it's a very easy way to get started and just have some fun

01:39using dlts and blockchains and let's get into pump.fun what's amazing about pump.fun is the fact that you can

01:50select whatever meme coin you like whatever aligns with your interest obviously in the spirit of having

01:57fun these are meme coins and you can proceed to then purchase whatever cryptocurrency through a bonding

02:05curve mechanism that actually adjusts the price dynamically based on the buying and selling

02:12activity of that particular meme coin you can also trade your holdings at any time to realize any

02:18profits and cut any losses as well you can also see your market cap achievements that means once

02:25collective purchases on this bonding curve hit a total capital um market capitalization of about 69 000

02:33the project moves to the next phase where uh at this particular milestone 12 000 worth of liquidity

02:42is added to radium uh an automated market maker on solana and then permanently removed from circulation

02:52burning the actual uh token so this model is here to actually promote transparency and fairness

03:01and also ensure that all participants have equal opportunity to actually invest and benefit from

03:06the ecosystem without any fear of uh insider trading advantages to uh meme coin creators and also any

03:15kind of manipulation scheme so if you want to get started with pump.fun let's get it going connect

03:22your metamask or whatever a wallet you want to use which is a web3 wallet in this case i'm using

03:28soulflay obviously this is running on solana let's use a solana a native wallet uh soulflay

03:35pump.fun uses obviously the solana blockchain like i say just make sure you connect your wallet sign a

03:43message to obviously um connect to this platform and then you can create your username and a little bio

03:51and uh you can proceed to create the meme coin choose the name the ticker and also just add like

03:58a description for example here we created decentralized puppets the token ticker is

04:03pup that's p-u-p go check it up link is in the description and our description of uh decentralized

04:10puppets is just a playful meme coin that aims to bring a light-hearted touch to the world of

04:15cryptocurrencies embracing this theme of puppetry pup introduces a unique community driven approach

04:22where holders are able to participate in pulling the strings of the coin development in the direction

04:29ideal for crypto enthusiasts with a sense of humor i can't help but love saying this this is just too

04:38much fun man go check out pound.fun so decentralized puppets actually offers an engaging platform for

04:46voting on new features and also on community events while fostering a fun inclusive environment

04:53so join the puppet show and let's make crypto entertaining

04:58okay so check out our puppets logo so once you've created obviously uh your logo when you uploaded

05:06the spix to your token you can proceed to pay for the meme coin creation itself

05:11approximately 0.02 solana which is approximately just about two dollars 90 at the time of shooting

05:17this probably is obviously going to go up and down but it's only a couple of bucks so you'll be given

05:22an option to actually purchase some of the newly created tokens however this is optional it's encouraged

05:28to protect the meme coin created from snipers and what do i mean by snipers the sniper bot for example

05:35is an automated trading tool specifically crafted for the cryptocurrency market its main role is to

05:40carry out buy and sell orders at very high velocities typically reacting to market occurrences

05:46and particular conditions that are advantageous for trading so in this scenario the tame uh the term

05:52itself sniping would denote uh sort of uh the bot's capability to actually swiftly shoot in complete

05:59trades before uh or during the actual favorable uh time similar to a military sniper who patiently waits

06:07for the ideal moment to take a shot at whatever the target is so just make sure you approve the meme

06:14coin creation transaction and once that transaction is confirmed you can verify it on the block explorer

06:19you can also just check soul scan to see it's all legit and once you've created the coin uh you are able

06:26to see the meme coin so you can check out our meme coin the link is in the description and now if you

06:32want to buy uh the meme coins on palm.fun it's easy uh all you have to do is just choose how much solana

06:39you want to pay you place your trade choose obviously uh the amount like i said you want to spend you'll be

06:44able to see how many of that particular token you will get for whatever you want to spend you can add

06:50a comment if you want to and you can approve that transaction and you'll be notified once that

06:55confirmation or the transaction is actually confirmed you can also verify it on soul scan which is quite

07:01easy you can then check the stats of your meme coins performance on the dashboard you can see here

07:06we just in a few minutes of creating a coin we had a few followers which is great and you can also view

07:13the market cap of the coin so ours is uh this time of shooting just around the four thousand dollar mark

07:20so uh relatively small and you'll also be able to see your meme coin purchases uh in your wallet if

07:26you're using softly like i said you know if you've already bought whatever token you'll be able to see

07:31it in your wallet reflecting so this is quite great what are fair launch meme coins for those that want

07:37to understand these are just a cryptocurrency typically have been some kind of humor lighted heart

07:42light-hearted theme surrounded uh distributed in a way that aims to be a bit transparent and more

07:48equitable unlike traditional icos token sales that might provide any access to discount special terms

07:54to certain investors a fair launch anyone is allowed to actually participate on an equal footing that

07:59means no pre-mined tokens it's equal opportunity and it's aiming for a decentralized distribution so

08:06why solana and why is it so popular with meme coins obviously this is a blockchain with even though

08:13it's had a lot of problems it's got high throughput scalability low transaction fees

08:17growing ecosystem developer support so these are some of the reasons why these uh innovative

08:24projects are building on solana go check out pom.fun let me know what you think if you want to

08:29participate in our meme coin go check it out man let's have some fun with decentralized puppets and see

08:37how far we can pump it up like share subscribe turn on the notifications guys i love y'all i'll see you in

08:44the next video i hope you had some fun with this one peace love

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