Pump.fun Guide: How to Create Your Own Memecoins and Buy the PUMP Token
Pump.fun has become synonymous with the Solana memecoin renaissance, enabling millions of users to create, trade, and speculate on memecoins with just a few clicks. But behind the fun lies a surprisingly complex infrastructure complete with bonding curves, migration mechanics, decentralized exchange integrations, and even its own controversies.
As Pump.fun prepares to launch its long-awaited native token $PUMP via ICO on July 12, 2025, this is the definitive guide to everything you need to know about the platform—from how it works to its rising competition and cultural impact on crypto.
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🔍 What Is Pump.fun?
Pump.fun is a Solana-based memecoin generator that allows anyone regardless of coding skills to launch a token. Users simply choose a name, image, and ticker. Behind the scenes, Pump.fun handles the technical heavy lifting, including token creation, supply mechanics, and price discovery through a bonding curve.
Since launching in January 2024, Pump.fun has generated:
• ✅ Over 2 million memecoins
• 💰 More than $100 million in revenue
• ⚙️ A built-in launch system with anti-rug mechanisms
In many ways, Pump.fun has become the shovel of the memecoin gold rush.
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💡 Why Memecoin Traders Love Pump.fun
Before platforms like Pump.fun, memecoin launches were technical, risky, and often exploitative. Developers could mint tokens, assign most of the supply to themselves, then dump on retail once liquidity was added—known as a “rug pull.”
Pump.fun changed that dynamic with three innovations:
1. Fair Launch Model – No pre-minting or token allocation to creators.
2. Bonding Curve Pricing – Dynamic supply & price discovery based on demand.
3. Auto-Migration to PumpSwap – A seamless path to becoming a tradable asset on a DEX.
While scams and chaos haven’t disappeared, Pump.fun’s structure offers at least some transparency and fairness at launch.
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⚙️ How Pump.fun Works
Step 1: Create Your Token
Users go to Pump.fun, connect their Solana wallet, and click [Start a new coin]. They then choose:
• Token name
• Ticker symbol
• Logo/image
• Optional description & social media links
The first buyer pays a small $2 SOL fee that finalizes the token’s creation.
Step 2: Bonding Curve Launch
All tokens initially exist on Pumpfun itself not on external exchanges. Token prices are controlled by a bonding curve, which works like this:
• Buying: Sends SOL to a smart contract → mints tokens → price increases.
• Selling: Burns tokens → returns SOL → price decreases.
This system provides instant liquidity, no order books, and mathematically governed price action.
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📈 Key Milestones: From Meme to Market
🔺 King of the Hill (≈45 SOL)
When a token’s bonding curve reaches 45 SOL in market cap, it gets featured on Pump.fun’s front page. This can lead to massive exposure and hype.
🚀 Graduation (≈$69,000 Market Cap)
Once a token hits ~$69K market cap:
• Its bonding curve is dissolved.
• Liquidity is ported into a PumpSwap pool.
• The token becomes tradable on Pump.fun’s native DEX—no more external migration or 6 SOL fee.
This mechanism locks liquidity permanently, reducing rug pull risk and enabling open market speculation.
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💥 The Rise of PumpSwap
Initially, graduated tokens would move to Raydium, Solana’s leading DEX. But this partnership soured in early 2025 when Pump.fun launched PumpSwap, a Uniswap-style DEX designed specifically for memecoins.
Key upgrades:
• 💸 Zero migration fee
• 🔒 Auto-locked liquidity
• 📊 0.25% trading fee + future revenue sharing model
PumpSwap is now the official home for all Pump.fun graduates, keeping users within the same ecosystem.
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🥊 The Rise of LetsBONK.fun
In July 2025, a serious challenger emerged: LetsBONK.fun, built on Raydium and backed by the BONK community.
In a historic flip:
• LetsBONK.fun surpassed Pump.fun in daily volume, revenue, and token launches.
• Marked the first time the OG platform lost its #1 spot.
This competition has ignited a full-blown memecoin launchpad war, with traders split between the OG (Pump.fun) and the BONK-powered underdog.
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🔓 How to Create Your Own Memecoin on Pump.fun
Step-by-step:
1. Visit Pump.fun and connect your Solana wallet (e.g., Phantom).
2. Click “Start a new coin.”
3. Enter:
• Name
• Ticker (e.g., $MOONCAT)
• Upload logo
• Add description/socials (optional)
4. Confirm and buy the token (you’ll be the first buyer).
You’re now a memecoin founder.
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⚠️ Controversies & Risks
Despite its innovation, Pump.fun has not escaped criticism.
💀 Rugpulls & Scams
According to Dune Analytics:
• <3% of wallets made over $1,000.
• Most tokens are pump-and-dump vehicles with no intrinsic value.
Even with fair launches, creators often buy their own coins, wait for hype, and dump.
📺 Livestreaming Fiasco (2024)
Pump.fun briefly allowed token creators to livestream. What followed was:
• Shocking stunts
• Inappropriate content
• Hate speech & threats
The feature was suspended after mainstream media backlash.
👶 “Gen Z Quant” Scandal
A 13-year-old creator launched a token, hyped it on livestream, and then rug-pulled for $30K profit—gloating live:
“Thanks for the 20 bandos!”
The token was later ironically pumped to $85 million in protest.
His personal details were doxxed online.
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🚀 Popular Tokens Launched on Pump.fun
🟡 Fart Coin ($FARTCOIN)
Launched by the AI Truth Terminal. Currently the #1 AI memecoin on Solana.
🟠 Daddy Tate ($DADDY)
A parody of Andrew Tate with viral marketing. Currently has ~$50M market cap.
🐘 Moo Deng ($MOODENG)
Based on a baby hippo that went viral in Thailand.
Hit $170M market cap in 3 days.
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🔮 The PUMP Token Launch – July 12, 2025
Pumpdotfun is preparing to launch its native $PUMP token via ICO. The token is expected to:
• Power the platform’s revenue-sharing model.
• Provide governance and discounts on trading fees.
• Possibly become the unit of account for future bonding curve launches.
With rivals rising and PumpSwap expanding, $PUMP could cement Pump.fun’s place as the foundation layer of memecoin infrastructure.
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🧠 Final Thoughts
Pumpdotfun isn’t just a memecoin factory it’s a cultural engine.
It has:
• Lowered the barrier to entry for crypto creation.
• Pioneered novel mechanics like bonding curves and fair launches.
• Redefined how traders, creators, and communities engage with tokenized culture.
But remember:
Most tokens on Pumpfun are speculative, volatile, and frequently valueless.
So while you can meme, create, and speculate do it responsibly.
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🔗 Explore, but stay sharp.
📍 For more insights like this, visit Cryptoplagiat.com
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