How To Create a Meme Coin on Pump.fun: A Comprehensive Tutorial
Creating a meme coin on Pump.fun is extremely easy. The platform takes away much of the complexity usually involved in creating markets for tokens. This guide shows you how to create a token on Pump.fun step-by-step, plus everything else you need to know in 2025.
In This Guide:
- How to create a meme coin on Pump.fun
- What to know about your new Pump.fun token
- What is Pump.fun?
- Considerations when trading on Pump.fun
- Exercise good judgment
- Frequently asked questions
How to create a meme coin on Pump.fun
Pump.fun makes token creation very simple and straightforward. In short, to create a token, you must follow these steps:
- Create a wallet.
- Start a new token.
- Fill out the token’s information.
- Sign in with your wallet.
- Deploy the token.
Pump.fun homepage: pump.fun
Here’s each step in detail.
Step 1: Create a wallet
Before you create your token on Pump.fun, you will need a wallet. For this guide, we will use Phantom, a Solana-based wallet.
1. Download wallet: Go to the Phantom website and download the wallet. You can choose between the mobile app or the browser extension. Select “Create a new wallet.”
2. Create a password: Create a strong password and agree to the Terms of Service to continue.
3. Save the secret recovery phrase: Write down your recovery phrase to move on. You will have to re-enter the phrase in the order it was given to you to continue.
4. Get started: Your Phantom wallet is now set up, and you can continue to the next step of creating a token on Pump.fun.
Step 2: Create a token
1. Start a new coin: Navigate to the Pump.fun website. At the top of the webpage, select [start a new coin].
2. Fill out the form: On the following screen, you will see a form that you have to fill out. Enter the name and ticker of your token. You may also provide a description and an image or video.
3. Sign in to wallet: Before you can create your token on Pump, you will have to log in or sign up. You can use the Brave Wallet, Phantom, SolFlare, Magic Eden, Torus, Ledger, or WalletConnect to complete this step. We will select Phantom in this example.
4. Sign Pump.fun message: Sign the message to prove that you own the wallet. Select Confirm to continue.
5. Create your token: You may provide a Telegram, website, or X (Twitter) link if you please; however, this is not mandatory. Click “create token” to proceed.
6. Buy tokens (optional): You can choose to purchase your tokens before they are made available to anyone else. After you complete this step, you will have officially created a token on Pump.fun.
What to know about your new Pump.fun token
Launching tokens on Pump is unlike most platforms. For example, all Pump tokens, without exception, have a maximum supply of 1 billion tokens and a 0.5% transfer fee. Additionally, you have no control over the liquidity, and if you want to hold your tokens, you will have to purchase them just like everyone else.
This may seem unfair to creators, but conversely, it benefits traders and holders. In this way, token creators who are simultaneously liquidity providers can not rug-pull their tokens.
One of the primary functions of Pump Fun is token creation. However, its secondary purpose is a marketplace for the tokens that it creates. In other words, Pump is both a launchpad and an automated market maker (AMM). As you can see in the image above, the Pump platform has a standard trading interface for your token.
Pump.fun will list your token on Raydium, a popular Solana-based AMM, after its market capitalization reaches around 86 SOL. This event is referred to as “graduating.”
In order to reduce the amount of tokens in circulation and potentially assist future price hikes, Pump will burn $12,000 of the token supply when it graduates to Raydium.
What is Pump.fun?
Pump.fun is a token creation and trading platform. It was created and launched in January 2024 on the Solana blockchain by an unknown developer who goes by the name Alon.
Alon is a meme coin trader who created Pump as a response to the market dynamics at the time, prior to Pump’s creation. Some of the problems that they observed were:
- Constant rug pulls.
- There are too many predatory tokenomics and too few fair launches.
- Creating a token, liquidity pool, and locking the liquidity is complex.
Pump is a launchpad that automates the token creation process. It also simplifies the complexities of managing a liquidity pool for trading pairs for your token.
While Pump.fun remains the most widely used meme coin launchpad on Solana, competitors like LetsBonk and Believe have emerged in early 2025. These alternatives aim to improve fairness, reduce bot interference, or increase community control over tokenomics.
- LetsBonk introduces anti-sniping mechanisms and penalizes bot-pattern wallets.
- Believe offers creator-controlled bonding curves and long-term staking to reduce volatility.
These platforms address many of the pain points currently affecting Pump.fun users, including limited liquidity control and sybil account manipulation.
Considerations when trading on Pump.fun
Whether you are creating or buying tokens on Pump.fun, there are some scenarios that you should consider. These are:
- Volatility
- Market manipulation
- Pump and dump schemes
Pump and dump schemes
Although rug pulls on Pump are technically impossible, the platform cannot claim the same for pump and dump schemes. As mentioned previously, token creators still have the first mover’s advantage. This means that they can purchase their own tokens at favorable prices.
Because of Pump’s discrete bonding curve, early buyers can purchase a large number of tokens at low prices. When the price increases, incoming buyers will purchase at a higher, programmatically controlled price. Therefore, buyers or creators who bought in at a low price can sell their tokens to the latter, using them as exit liquidity.
China Trump (CHINAWINS) pump and dump: pump.fun
Market manipulation
Another problem rampant on Pump — and closely related to pump and dumps — is market manipulation. Market manipulation is the act of influencing the supply, demand, or price of an asset or market to create artificial, misleading conditions for personal gain. This can include spreading false information, artificially inflating prices, or using coordinated trades to mislead other market participants.
Because the price of a token is controlled by the bonding curve, creators may create bots or sybil accounts to artificially increase the price of their token, after which they dump the token on new buyers. The way this works is:
- Create a token.
- Buy a large amount of the token.
- Create multiple accounts on Solana.
- Buy the token with those accounts to increase the price.
- Wait for users to buy that token at higher prices.
- Sell all of your tokens.
In the above image showing the CHINAWINS trajectory, we can see what this looks like on a chart — a sharp increase in price, followed by a sudden decline. In the image below, we can see the token creator (BMr6Z6f8FBVTFk2LEZJ7qNamWi19PCQx8ZNWRw2Z9thR) of CHINAWINS creating and closing a sybil account (9LW5QRRMksYCNdFdFthNE4k246eQTvTGZ8fka4nsgAcN).
9LW5QRRMksYCNdFdFthNE4k246eQTvTGZ8fka4nsgAcN (sybil account): solscan.io
When you look into the CREATE ACCOUNT transaction, you will see where the creator buys and transfers the token (CHINAWINS) to the account (9LW5QRRMksYCNdFdFthNE4k246eQTvTGZ8fka4nsgAcN).
Created a sybil account: solscan.io
In the final image, the Sybil account (9LW5QRRMksYCNdFdFthNE4k246eQTvTGZ8fka4nsgAcN) sells the token, and the account is closed thereafter.
Closed the sybil account: solscan.io
Manipulative bot activity and sniper wallets
On-chain analysis indicates that in Q2 2025, up to 60–80% of trading volume on Pump.fun was driven by bots, particularly sniper wallets that front-run public buyers using automated scripts. These bots are designed to purchase large amounts of tokens immediately upon listing, often outcompeting genuine users and inflating token prices.
Wallet clusters linked to sniper activity have been tracked using Solscan and SolanaFM. These wallets often engage in coordinated activity, buying tokens in batches and exiting within minutes to hours. This bot dominance undermines fair price discovery and contributes to short-term volatility.
Volatility
Because of pump and dump schemes and due to the ability to manipulate markets, Pump.fun tokens can be highly volatile. To be clear, Pump and dump schemes and market manipulation are not exclusive to Pump.fun or discrete bonding curves, but it is something that everyone should remain aware of, regardless of where it occurs.
To continue, volatile markets make genuine price discovery difficult. When prices are artificially inflated or low, it is very difficult for traders to buy at a fair price. This could lead to massive losses or unrealistic expectations.
At the moment, there is no way to prevent any of these risks. Because gas and transaction fees on Solana are extremely low, creating tokens and spamming transactions are virtually costless when considering the potential upside. Because of the bonding curve in AMMs, market manipulation is somewhat inevitable.
Exercise good judgment
You can create an account on Pump.fun in just a few clicks. You don’t even need a cryptocurrency wallet. While this ease of use democratizes token creation, it also opens up the door to malicious behavior. For the time being, these tradeoffs are inevitable. Therefore, you should use this knowledge with care, exercise good judgment, and always do your own research.