Meme Coin Creation: What I Learned

A number of months in the past, I considered how meme cash make enormous beneficial properties, with the creators making probably the most cash. So I made a decision to launch my very own meme coin.

I selected to create it on the Base community as a result of Solana was having points on the time. I additionally thought-about TON, however there's much less cash there. Base makes use of EVM, which implies the instruments would work on Ethereum or different EVM networks too.

First, I wished to ensure the token would rating 100/100 on checkers. This meant making a contract the place the creator has no management after launch, and locking or burning the liquidity pool (LP) to forestall rug pulls.

I discovered {that a} good meme coin wants an internet site, Twitter, and Telegram, together with the meme itself and many photographs. After launching the pool, it’s good to pay so as to add your brand and hyperlinks on DexTools and DexScreener.

I made a decision on a stealth launch as a substitute of a presale. It's widespread to place 100% of the tokens within the pool at creation, or possibly preserve as much as 7% for your self.

How does the developer earn a living if all tokens are within the pool? They purchase again some tokens proper after creating the pool, when the value is lowest.

I deliberate to place all tokens and 0.4 ETH within the pool. If I purchased tokens price 0.4 ETH proper after launch, I'd get 50% of all tokens. If I wished 75%, I'd want to purchase 1.2 ETH price.

The full value for launching a meme coin, together with web site creation, pool setup, shopping for again 50% of tokens, and paying for listings, got here to about $5,300.

I discovered it's higher to unfold the tokens throughout many wallets as a substitute of preserving them in a single, as giant holdings scare potential consumers. Ideally, no pockets ought to maintain greater than 2% of all tokens.

To make every part look good on bubble maps (which present connections between token holders), it’s good to unfold ETH throughout a number of wallets and purchase from every one on Uniswap.

Bubble Map

For a long-lasting token, it’s good to create pumps by shopping for tokens, then dump to take income, and simulate exercise between pumps. Doing this manually is unimaginable, so that you want a market maker. I couldn't afford to rent one, so I made a decision to put in writing my very own market maker bot. I created a pockets generator and a script for preliminary buyback.

Once I launched, sniper bots purchased a bunch of tokens within the first minute. I needed to cancel that pool and create a brand new one. On the second attempt, solely two sniper bots purchased small quantities. I ran my script to purchase tokens from 100 wallets, then burned the LP and paid for listings.

Customers got here and purchased some tokens within the first half-day, however most offered after that, and the token didn't develop additional. I improved my bot to do wash buying and selling and create pumps, however I spotted that pumps in older tokens don't get seen. To develop additional, I'd want to determine find out how to purchase efficient promoting, which I don't know find out how to do but and might't afford.

Mainly, it appears you’ll be able to't simply launch a token and earn a living with out investing in promoting.
I've paused my meme coin experiment for now. I'd be fascinated about persevering with with a associate who has crypto site visitors or expertise in promoting meme cash.

I received't share the token, however I'm joyful to reply different technical questions within the feedback. If you happen to're available in the market maker script or partnership, message me on Telegram: akamitch