Pump.fun: How to create your own meme coins and earn on launchpads

The Pump.fun platform has become one of the most profitable applications in the cryptocurrency space, serving as a launchpad for millions of meme coins. According to the latest data, over 3.85 million tokens have been created and launched on the platform, generating revenue of over 1.48 million SOL (approximately $355 million). The platform generates more than $3 million in commissions daily, highlighting its dominant position in the market.

Meme Coin Revolution: Why Pump.fun Has Taken Over the Crypto Community

Launched in January 2024, Pump.fun quickly became synonymous with democratizing the creation of crypto assets. While previously launching a token required technical knowledge and significant investment, now anyone can create their own meme coins in just a few minutes and for literally a few dollars.

In the first week of May 2024, the platform ranked second in commission volume among all DeFi protocols, only behind Uniswap. By November, Pump.fun was in seventh place by revenue but remains the most profitable startup in the decentralized finance sector.

The platform’s success is explained by its ease of use: low entry barriers, fair launch mechanisms without pre-sales and team allocations, as well as a dynamic pricing system based on the bonding curve. These factors have led to an unprecedented increase in interest in meme coins, especially tokens related to politics (PolitiFi) and celebrities.

Pump.fun Model: How Token Launches Work

Bonding curve — the foundation of the pricing mechanism on Pump.fun. When you create a meme coin, the initial supply of 800 million tokens is placed on this curve. As users buy tokens, the price increases exponentially, giving an advantage to early investors.

The platform primarily operates on the Solana blockchain, known for high transaction speeds and minimal fees. Recently, Pump.fun added support for Base and Blast networks, expanding its reach and providing users with additional options.

Key point: when the market capitalization of a meme coin reaches $69,000, liquidity of ($12,000) is added to the decentralized exchange Raydium, and then a certain portion of LP tokens is burned. This ensures market stability and minimizes the risk of manipulation.

Success Stories: Which Meme Coins Have Taken Off on Pump.fun

PNUT: From a Fun Concept to $70 Million

Peanut the Squirrel (PNUT) captured investors’ hearts thanks to its original branding and integration of gameplay with NFT collecting. Although the current market cap is $70.63 million (which is below peak levels), the token demonstrates steady interest with a 24-hour trading volume of $517.20K.

PNUT’s success shows that meme coins offering real utility (game mechanics, collectibles) attract long-term investments rather than just speculative interest.

GOAT: Meme Coins Managed by AI

Goatseus Maximus (GOAT) represents a new wave — meme coins integrated with artificial intelligence. The platform allowed users to generate unique content based on AI, which caused viral popularity. The current market cap of GOAT is $32.05 million, although the token previously reached significantly higher levels.

Innovative staking features, cross-platform compatibility, and gamified reward systems position GOAT as an example of how technology can enhance meme coin value.

CHILLGUY: TikTok Virality as a Price Driver

Just a Chill Guy (CHILLGUY) is a vivid example of social media power. Thanks to viral spread on TikTok, the hashtag #CHILLGUYChallenge has garnered millions of views. The current market cap is $16.55 million, demonstrating how social engagement remains a key factor in attracting investors.

Step-by-Step Guide: How to Create Meme Coins on Pump.fun

Preparation: Wallets and Funds

The first step is to choose a Solana-compatible wallet (Phantom, Solflare, or similar). After connecting your wallet to the platform, ensure you have enough SOL to pay for fees. At current rates ($122.50 per SOL), you will need at least 0.02 SOL (~$2.45) to deploy a token.

Creation and Setup

Click the “Start a new coin” button and fill in the required fields:

• Token name
• Symbol (ticker)
• Project description
• Upload image

The deployment fee is 0.02 SOL — one of the most affordable options in the industry.

Trading and Management

Once launched, the token becomes immediately tradable. Using the bonding curve mechanism, you can:

• Buy tokens at a dynamic price that increases with demand
• Sell at any time, locking in profits or minimizing losses
• Monitor metrics: price, trading volume, community activity

Listing Path on DEX

When the meme coin reaches $69,000 market cap, liquidity is transferred to Raydium. Successful tokens can then be listed on other DEXs and potentially on centralized exchanges.

Advantages of Pump.fun Platform

Barrier-Free Access: Low cost ($2.45 to launch), intuitive interface, and no technical requirements democratize the process of creating crypto assets.

Fair Launch Mechanism: No pre-sales or team allocations mean all participants enter under equal conditions.

Dynamic Pricing: The bonding curve automatically adjusts prices based on demand, preventing artificial manipulation and ensuring fair distribution.

Instant Trading: Tokens are available for trading immediately upon creation, without waiting for liquidity accumulation.

Critical Risks and Challenges

Extreme Volatility

Meme coins are known for sharp price swings both upward and downward. The price can increase by 1000% within hours and fall just as quickly by 90%, ruining careless investors.

Security and Exploits

In May 2024, a former employee exploited a vulnerability with flash loans to manipulate the bonding curve, resulting in a loss of about $2 million. This incident highlighted the need for stricter security audits.

Lack of Transparency

Pump.fun operates with closed source code and closed APIs, limiting the ability of third parties to conduct independent security audits.

Content Violations and Regulatory Risks

The platform’s live streaming feature was used to spread inappropriate content, including scenes of violence and exploitation. This led to the feature being disabled and potential legal consequences. The lack of age verification and moderation creates ethical issues.

Low Liquidity and Rug Pulls

Many meme coins suffer from insufficient liquidity, making large transactions difficult. The risk of rug pulls (when developers drain liquidity) remains relevant despite built-in protections.

Pump.fun Security Measures

Despite challenges, the platform has implemented several protective mechanisms:

• Fair Launch Policy — minimizes insider trading
• Automatic Liquidity Burn — enhances long-term stability
• No-code Interface — reduces risks associated with deployment errors

Nevertheless, users should exercise maximum caution and conduct their own research before investing.

Why Meme Coins Remain Attractive

Average meme coin returns in Q1 2024 exceeded 1,312%, significantly outperforming traditional crypto assets. The integration of gaming mechanics, NFT collecting, and AI features transforms meme coins from pure speculation into projects with real utility.

Social media, especially TikTok and Twitter, have become powerful price drivers. Viral content can instantly attract thousands of investors, creating conditions for rapid price growth.

Platform Development Outlook

Experts predict that Pump.fun will expand to new blockchains (beyond Solana, Base, and Blast), attracting a broader audience. Increased security and content moderation measures are expected to restore community trust.

The platform is also implementing initiatives to engage users through partnerships and gamification, positioning itself as a leading ecosystem for creating and trading culturally significant crypto assets.

A critical priority remains the modernization of security infrastructure and conducting independent audits to confirm protocol reliability.

Conclusion

Pump.fun has democratized meme coin creation, allowing any user to launch their own token in minutes. The platform attracts both beginners and experienced traders thanks to its accessibility, low fees, and innovative pricing mechanisms.

However, participation in this market requires understanding serious risks: extreme volatility, potential scams, and content violations. Success on Pump.fun depends on thorough research, risk management, and realistic expectations.

As the platform evolves and regulation increases, Pump.fun is likely to maintain its position as a central hub of the meme coin ecosystem, providing enthusiasts with tools to create and distribute their own crypto assets.