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Token Creation: Use Solana Program Library (SPL) to create your token with parameters like total supply and decimals. Token Authorities: Assign mint authority (who can create new tokens) and freeze authority (who can freeze transfers) — these control token behavior and are often abused in rug pulls. Liquidity Deployment: Add liquidity on decentralized exchanges like pump.fun or Raydium by pairing your token with SOL or USDC. Launch and Promotion: Simulate whale activity or hype to attract retail investors, often via social media or pump groups. Understanding each step helps investors evaluate new tokens critically.
Launching a meme coin generally follows these steps: Define token supply and assign minting authorities. Deploy the token contract on Solana blockchain. Add liquidity pairs on DEX platforms. Promote the coin to attract investors. Liquidity manipulation is another tactic used to pump token prices artificially before a rug pull. This involves: Temporarily adding large liquidity amounts. Using bots or coordinated buys to inflate prices. Quickly withdrawing liquidity after prices peak. Understanding these mechanisms is crucial for investors to avoid falling victim to such schemes. Liquidity is not locked or locked for a very short time. Token supply is controlled by a single or few accounts.
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