SHILL Issue 155
Solana ecosystem magazine
Solana ecosystem magazine
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Smithii_io<br />
Easily Launch a Solana Memecoin<br />
It is Solana Memecoin Season, and you could be one of those people who creates a memecoin<br />
and reaches an Amazing Marketcap.<br />
You may think that launching a token on Solana is difficult, but it’s not at all. In this mail, I’ll<br />
explain how to launch a Memecoin with just 1.5 SOL.<br />
Let’s go directly to the process.<br />
WHAT WILL I NEED TO LAUNCH A SOLANA TOKEN?<br />
We will show you the easiest way to create an SPL Token. To complete the entire process, you will need<br />
from 1.5 SOL to 5 SOL, we are considering the token creation itself, the authorities revoke,<br />
OpenBook Market and Liquidity Pool creation. We also need to take into account the costs of<br />
design, marketing, and liquidity.<br />
For sure, if we are launching a memecoin, “professional preparation” and high costs are not necessary,<br />
the most important thing is to have a good meme. If you want to create a serious<br />
project, it is key to prepare a good marketing strategy, with collabs, airdrops, partnerships, etc.<br />
We recommend avoiding launching until you have the basics prepared: Branding, Marketing Plans,<br />
Social Media and Tokenomics.<br />
We need to understand what drives the market and which platforms are the most used.<br />
Regarding marketing, most tokens with good performance usually use “influencer” promotions and are “shilled”<br />
on DAOs.<br />
About platforms: people usually use Raydium, Birdeye, Jupiter Aggregator and Dexscreener to<br />
trade tokens.<br />
LAUNCH SOLANA TOKEN STEP-BY-STEP<br />
In this tutorial, we will use Smithii No-Code Tools to create and launch our token. Let’s divide the<br />
process into 3 steps: Create SPL Token, Create Liquidity Pool on Solana and List an SPL Token.<br />
18 <strong>SHILL</strong> <strong>Issue</strong> #154