Anyone created their own meme coin?

[graham25s]

Hey Guys,

I'm curious to see if anyone has created their own meme coin, from reading a few posts like https://moonbeam.network/tutorial/create-meme-coin-on-moonbeam/

if you have the programming / technical knowledge it does not seem that hard to setup, but there is probably a massive hurdle that I have not seen as I would imagine more folks would be doing it.

cheers

 

[widowmaker123]

the massive hurdle is having capital in the first place.
anyone can create a memecoin in seconds but most projects die shortly after launch bc they lack the capital for the lp and marketing.
if you're launching with only 2-5k liquidity which 90% of projects do and dont pay for marketing your meme coin is almost guaranteed to fail

 

[graham25s]

Ah i see, this makes sense, i'm going to forget this idea lol

cheers mate

 

[daytonarbow]

Ah i see, this makes sense, i'm going to forget this idea lol

cheers mate

I launched one like 14 days ago. It's easy to launch with 0 programming skills there are sites that help you do this and a few solid reddit posts on how to do this with Solana.

The previous reply is correct, you need to have a decent ammount of liquidity or else as soon as you go live trading bots will drain all of that to nothing....and that means at least 5-6 Solana in the liquidity pool.

After that...it's really fucking hard, way harder than I thought. I launched a token at $1,000 market cap....we got up to $214k...but you literally can't even sell any of your token, even though I had $60,000 worth of value in my wallets, if I tried to sell over $1,000 worth the price impact was so big that it would drop the price and market cap pretty drastically.

So that means you can't even really sell anything to try to cover whatever you do in marketing, so you need some money up front and it's still extremely hard...

 

[graham25s]

Thank you @daytonarbow I knew there was something i was missing, so basically you literally put a good chunk of money up front, and have a good marketing plan to keep it relevant, dogwithahat was so on point lol appreciated!

Graham

 

[widowmaker123]

I launched one like 14 days ago. It's easy to launch with 0 programming skills there are sites that help you do this and a few solid reddit posts on how to do this with Solana.

The previous reply is correct, you need to have a decent ammount of liquidity or else as soon as you go live trading bots will drain all of that to nothing....and that means at least 5-6 Solana in the liquidity pool.

After that...it's really fucking hard, way harder than I thought. I launched a token at $1,000 market cap....we got up to $214k...but you literally can't even sell any of your token, even though I had $60,000 worth of value in my wallets, if I tried to sell over $1,000 worth the price impact was so big that it would drop the price and market cap pretty drastically.

So that means you can't even really sell anything to try to cover whatever you do in marketing, so you need some money up front and it's still extremely hard...

did you use some kind of volume bot?

 

[daytonarbow]

did you use some kind of volume bot?

I tried one...but you need SERIOUS CASH to run one that does anything...like it needs to be like 10 wallets with 10 wrapped SOL each....an equal ammount of the token you are selling, and then some SOL for the trades.

So if you can afford to put 100 solana into a volume bot...then you can MAYBE be slightly successful.

Thank you @daytonarbow I knew there was something i was missing, so basically you literally put a good chunk of money up front, and have a good marketing plan to keep it relevant, dogwithahat was so on point lol appreciated!

Graham

But even with good marketing you have like a 1% chance of making it...and if you don't you lose everything.

 

[widowmaker123]

I tried one...but you need SERIOUS CASH to run one that does anything...like it needs to be like 10 wallets with 10 wrapped SOL each....an equal ammount of the token you are selling, and then some SOL for the trades.

So if you can afford to put 100 solana into a volume bot...then you can MAYBE be slightly successful.

ok thanks so that might be a topic for the next bull run haha
anyway I'll try to launch one too in the next weeks
also thought about some good old ponzi like banana miner which has imo has better chances of going well given there is less competition

 

[Monzani]

Creating is easy, then you need partnerships with influencers and marketing strategies to promote this shit

 

[Anne-Maree]

markting is important.

 

[Andembar]

I tried one...but you need SERIOUS CASH to run one that does anything...like it needs to be like 10 wallets with 10 wrapped SOL each....an equal ammount of the token you are selling, and then some SOL for the trades.

So if you can afford to put 100 solana into a volume bot...then you can MAYBE be slightly successful.

That's expensive.

 

[LegendAndroidX]

in another word , have you ever guys tried lunching a honeypot token ?

 

[Super Flow]

El enorme obstáculo es, en primer lugar, disponer de capital.
Cualquiera puede crear una memecoin en segundos, pero la mayoría de los proyectos mueren poco después del lanzamiento porque carecen del capital para el LP y el marketing.
Si está lanzando con solo 2-5k liquidez, que el 90% de los proyectos pagan y no pagan por comercializar su moneda meme, es casi seguro que fracasará.

Hola hermano, pues lancé uno hace unos días y me fue mal. Estoy tratando de analizar por qué me salió mal las cosas, primero tuve un problema de liquidez y tardé 15 minutos en bloquearlo, luego actualicé dex e incluso pagué una promoción en dexcreener, pero entraron muy pocas compras. Quiero creer que fue por el retraso en el bloqueo de liquidez. En cualquier caso, me estoy contactando con profesionales del marketing sobre este tema para el próximo lanzamiento. ¿Crees que es necesario invertir en marketing? ¿Que un token por sí solo, si quema liquidez al momento de lanzarlo y actualizar dex, no puede tener éxito por sí solo?

 

[doubledhamal]

It is easy to create a meme coin but then the next biggest challenge will be marketing.

 

[zardoz88]

I tried one...but you need SERIOUS CASH to run one that does anything...like it needs to be like 10 wallets with 10 wrapped SOL each....an equal ammount of the token you are selling, and then some SOL for the trades.

So if you can afford to put 100 solana into a volume bot...then you can MAYBE be slightly successful.

With just 2 SOL you can make millions in volume..... that's what i do.

 

[Super Flow]

Con solo 2 SOL puedes ganar millones en volumen..... eso es lo que hago.

¿Cómo haces eso? Simplemente compras y vendes muchas veces, ¿verdad? ¿Con cuantas carteras usas esas 2 solanas?

 

[ChulloMarketing]

¿Cómo haces eso? Simplemente compras y vendes muchas veces, ¿verdad? ¿Con cuantas carteras usas esas 2 solanas?

Pump fun bro

 

[Super Flow]

Pump fun bro

I launched a coin recently but it went badly, I had a problem with liquidity, it took about 20 minutes to block it, I think that's why, the project was good, with several publications on Twitter. czmc. but it went badly, now I'm talking to people I've found here for marketing, but one responds to me once a day, the other is working on his project, I have a difficult time, I want to find a professional in memecoin marketing, To be successful, you have done well on pump.fun, I went directly to dexcreener, I also updated dex and paid promo on dexcreener

 

[ChulloMarketing]

I launched a coin recently but it went badly, I had a problem with liquidity, it took about 20 minutes to block it, I think that's why, the project was good, with several publications on Twitter. czmc. but it went badly, now I'm talking to people I've found here for marketing, but one responds to me once a day, the other is working on his project, I have a difficult time, I want to find a professional in memecoin marketing, To be successful, you have done well on pump.fun, I went directly to dexcreener, I also updated dex and paid promo on dexcreener

its all about community and making sure everything is ready. feel free to pm me, I'm launching my coin very soon...

 

[R0NIN]

Hey Guys,

I'm curious to see if anyone has created their own meme coin, from reading a few posts like https://moonbeam.network/tutorial/create-meme-coin-on-moonbeam/

if you have the programming / technical knowledge it does not seem that hard to setup, but there is probably a massive hurdle that I have not seen as I would imagine more folks would be doing it.

cheers

It’s ridiculously easy to deploy/launch your own token, pretty much all popular chains these days (L2s, Solana, ETH) have launchpads with built in token generators that take care of pretty much everything from A to Z, all you’d need to do is take care of the marketing aspect - which isn’t easy.