He's buzzing about this wild idea for a meme token called "DoggoMoon" - something silly with a dog in a rocket. "Dude, how do I actually launch this on Solana? Like, tomorrow?" Sound familiar? That's where I come in. I've done this a bunch, from quick Pump.fun pumps to full Raydium pools. It's cheaper than you think, faster too. We're talking under 1 SOL total if you're smart. But screw up the wallet or skip revokes? Bots eat your lunch. Let's fix that right now.
In my experience, most newbies rush the token create and forget liquidity. That's why 90% flop day one. So we'll go slow on the basics, then speed through launches. Why? Solana's dirt cheap - like 0.000005 SOL per tx - but you gotta know the paths. No code tools make it dummy proof. Ready?
Okay, stop everything. No wallet, no token. Download Phantom - it's the goat for Solana. Chrome extension or mobile, whatever. Create a new one, jot down that 12-word seed phrase on paper. Not your phone notes. Trust me, lost it once, cried for days.
Fund it with like 2 SOL from an exchange. Why 2? Fees add up - token mint ~0.3 SOL, pool another 0.4-1 SOL. Grab from Binance or Coinbase, send to your Phantom address. Check the balance tab. See SOL there? Good. Testnet first if you're paranoid: solana config set --url https://api.devnet.solana.com in CLI, but honestly, skip CLI for noobs. Phantom's enough.
Pro tip: Pair it with a Ledger if you're dropping real liquidity. Hot wallets get phished. Happened to a friend - 50 SOL gone poof.
What's the diff? Pump.fun auto lists on their curve, bonding style - price pumps as buys happen. Great for virality, but you lose some control. Smithii? Revokes mint/freeze authority so RugCheck gives you green flags. Investors love that. I usually go Smithii for anything serious. Costs 0.6 SOL effective way, but worth it.
Issue? No custom revokes. Fine for shitcoins, but serious projects need more. Why does this matter? Bots snipe weak launches.
Look, Pump's cute, but for real launches? Proper SPL token. Head to smithii.io or slerf.tools. Connect wallet. Here's the flow I always run:
First, decide authorities. Mint authority: lets you print more tokens. Freeze: pauses transfers. Revoke both post mint for trust. Costs extra 0.1-0.3 SOL but mandatory for DEX.
| Option | Cost | When to Use |
|---|---|---|
| Basic (no revokes) | 0.3 SOL | Tests only |
| Freeze revoke | 0.4 SOL | Basic DEX |
| All revokes | 0.6 SOL | Investor pools |
Steps? Super straightforward.
Your wallet now holds all the supply. Verify on solscan.io - paste mint address. Green checks? Perfect. Potential snag: "Insufficient funds." Top up 1 SOL more. Another: Wrong network. Double check Mainnet.
In my experience, metadata upload fails if image's too big. Resize to 100KB max.
Token alone? Useless. Nobody trades air. Need a pool on Raydium or Jupiter. Raydium's king - AMM DEX, auto swaps.
Why pool? You pair your token with SOL/USDC. Say 10% supply (100M tokens) + 5 SOL worth. Sets initial price: 5 SOL / 100M tokens = tiny MC. Buys add liquidity, sells too. You earn 0.25% swap fees forever.
Costs scare people. Nah. Total ~0.9-2 SOL setup.
Before pool: Create OpenBook Market ID. That's the orderbook backbone. Costs 0.4 SOL cheap version (short queues).
Your liquidity funds? That's YOUR money - 3 SOL + tokens. Not a fee. Bots snipe launch? Add 0.1 SOL "auto snipe" - buys first block.
| Platform | Total Setup (no liq) | Best For |
|---|---|---|
| Pump.fun | 0.02 SOL | Quick memes |
| Raydium | 0.91 SOL | Full control |
| Smithii bundle | 1.0-2.1 SOL | All revokes + pool |
Post launch: Share token address on X/TG. "Add to Phantom: [mint]". Tools like soltools.app auto add metadata.
Token not showing? Refresh wallet, add token manually via mint address. Revokes failed? Check solscan - if mint auth still yours, redo tx.
Pool price wrong? Math it: Price = SOL amount / token amount. Test small on devnet first: solana airdrop 2 9Edj.. --url devnet.
Legal stuff? US peeps, don't promise returns. It's utility or meme. Consult lawyer if big - $2k-20k fees, but skip for fun coins.
Bots rugging? Revoke all, burn LP, renounce. RugCheck.xyz scores you. Green = trust.
Honest talk: SOL ~$200 today? Full launch 1-4 SOL ($200-800). Way under ETH's $100+ gas.
Compare:
| Solana | Ethereum | |
|---|---|---|
| Tx Fee | <$0.01 | $5-50 |
| Deploy | Minutes | Hours |
| Total Launch | 1-4 SOL | $500+ |
Cheaper, faster. Why not everyone? Learning curve. But you got this.
Token live, pool trading. Now promote. TG group, X spaces. "Dev doxxed, LP burned." Share Dexscreener link - auto charts.
Earn fees: Every swap, 0.25% to LP. 1M volume? $250 cut. Scaled one did 500k quarterly. No selling needed.
Common mistake: Dumping supply early. Hold 20-30%, vest it. Transparency wins.
Scale up? Multisig wallet for team. Or Jupiter aggregator for better routing.
Want raw? Install Solana CLI: sh -c "$(curl -sSfL https://release.solana.com/stable/install)".
Fancy, but noobs stick to UIs. Errors galore otherwise.
Last thing: Test everything devnet. Free airdrops. Launch mainnet confident. Hit snags? DM me vibes, but you won't.
That's your token live. Go build DoggoMoon. What's next for you?