πŸ’‘Creating a memecoin

Creating your own memecoin on Meme Royale is a straightforward process that anyone can do, regardless of technical expertise. Here's what you need to know:

TLDR:

  • Anyone can create a memecoin for ~0.03 SOL

  • Choose a name, ticker, and image

  • New coins are protected from immediate attacks

  • Consider being the first buyer of your own coin

Steps to Create a Memecoin

  1. Ideation: Come up with a catchy, funny, or outrageous idea for your memecoin.

  2. Name and Ticker: Choose a memorable name and a short ticker symbol (e.g., PEPE).

  3. Token Image: Upload an eye-catching image or logo for your coin.

  4. Description: (Optional) Add a brief description and social links to help promote your coin.

  5. Socials: (Optional) Unite your community be sharing socials and other urls

Costs and Fees

Meme Royale does not collect any fees from the creation process.

  • Creation cost: 0.03 SOL (paid by the creator)

  • No additional fees collected by Meme Royale

  • This cost is the "rent" of storing the information on the Solana network.

First Buy (Optional)

After creating your coin, you have the option to be the first buyer. This can be advantageous for several reasons:

  • As creator, you'll get the cheapest price due to the bonding curve mechanism

  • You can prevent others from sniping the first allocation

You can always buy more of the token later, but the bonding curve’s shape means that first buyer will always get the cheapest price. If you don’t buy it, someone else likely will snipe it up first!

New Coin Protections

To prevent brand new coins from being immediately targeted, Meme Royale implements some protections:

  • A coin cannot be attacked until it reaches a market cap of 25.0 SOL

  • OR has existed for more than 25 hour

  • (whichever comes first)

This protection gives new coins a chance to gain some traction before being attacked.

Creation is just the beginning...

Remember, creating a memecoin is just the beginning. Your coin's success will depend on your ability to build and mobilize a community around it!

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