Created a Meme Coin on Solana, Made 10x in 40 Minutes – Here's How 🧠

Summary

This video teaches how to create and trade a memecoin on the Solana network using a profitable new strategy. The method focuses on launching a meme token with low liquidity and linking it to a wallet with a high Solana balance, gaining traction among traders and bots. The creator demonstrates how to use unique features and platforms like Dex Screener to boost visibility, leading to organic purchases without marketing. The video explains how to create a token, add liquidity, monitor the market, and even execute a rug pull for profit in a rapidly evolving crypto environment.

Takeaways

• 😀 Memecoins can be launched and traded profitably on the Solana network using a new strategy.
• 😀 This method is a recent discovery and is still profitable, though its longevity is uncertain.
• 😀 The video is for educational purposes and does not provide financial advice or calls to action.
• 😀 The 'golden method' for launching meme tokens involves creating a token with low liquidity.
• 😀 Instead of using outdated platforms like Pump.fun, the token is launched directly, appearing on Dex Screener instantly.
• 😀 The key feature in this method is replacing the token creator’s wallet with another wallet that holds a significant amount of Solana to attract attention from traders and bots.
• 😀 The goal is to create a meme token with low liquidity (e.g., one Solana) that can be picked up by token trackers and appear attractive to potential buyers.
• 😀 Using a wallet with substantial Solana balance can create the illusion of a larger investor's involvement, encouraging purchases from other traders and bots.
• 😀 To get the token listed on Dex Screener, a liquidity pool must be created using platforms like Pump Swap or Radium.
• 😀 After launching, sniper bots and real traders will start buying the token, creating a price pump.
• 😀 The liquidity can be withdrawn after seeing a successful price movement, making a profit, and executing a 'rug pull' to remove the token from circulation.

Q & A

What is the primary focus of this video?

The video demonstrates how to create and start trading a meme coin on the Solana network using a new strategy. It shows how to launch the token in a way that attracts organic buyers without requiring marketing efforts.

Is this video intended to provide financial advice?

No, the video is for educational purposes only. It does not provide financial advice or call to action regarding investments in meme coins or cryptocurrencies.

What is the 'golden method' mentioned in the video?

The 'golden method' refers to a strategy where meme coin developers launch tokens with low liquidity but associate them with wallets containing a significant amount of Solana. This attracts attention from traders and bots, creating organic buys.

Why is Pump.f fun no longer an effective platform for launching meme coins?

Pump.f fun is no longer effective because it is oversaturated with tokens, and meme coins launched there no longer bring profits to creators. The video suggests using other platforms like Dex Screener for better results.

How does the new feature in the token creation process work?

The new feature allows developers to replace the creator's wallet with a different wallet. This makes the token appear to be associated with a high-value wallet, creating trust among buyers who believe the creator has added liquidity on purpose.

What is the purpose of linking the meme coin to a wallet with a large Solana balance?

Linking the coin to a wallet with a large Solana balance gives the impression that the creator is an influential figure who is willing to add liquidity later, which encourages traders and bots to buy in early in hopes of future gains.

What role does liquidity play in the launch of a meme coin?

Liquidity is essential for getting the token listed on platforms like Dex Screener. The video suggests adding low liquidity, such as one Solana, to attract attention from snipers and traders. Liquidity can be withdrawn later after traders buy in.

How is the success of the meme coin launch measured in the video?

The success is measured by observing the price movement after the launch. If sniper bots buy the token and drive up the price, the developer can later withdraw the liquidity for a profit, as demonstrated in the video after 15 minutes of trading.

What happens when liquidity is removed from the meme coin?

When liquidity is removed, the coin is essentially rugpulled, meaning it loses its value as there is no longer any backing. The developer can withdraw the liquidity, and the token may appear to be a failed project on platforms like Dex Screener.

Why do meme coins still attract buyers despite the risk of rugpulls?

Meme coins can still attract buyers because traders often believe they might profit from early buys if the coin appears legitimate and the launch is executed cleverly. This is why many bots and traders keep scanning for promising meme coins.