BNB Smart Chain is a high-throughput, low-fee blockchain, making it a popular platform for launching meme coins. If you want to launch your own meme coin on BNB, look no further than this guide. Here, you will learn how to create a meme coin without code and what to consider before launching.
Table of Contents- Detailed steps to help you launch a meme coin on BNB
- Things to know before launching a meme coin on BNB
- What is a meme coin?
- What is BNB?
- Conclusion
- Frequently Asked Questions
Detailed steps to help you launch a meme coin on BNB
To create a meme coin, in summary, you must do the following:
1. Create a wallet.
2. Access Smithii Tools.
3. Enter your meme coin information.
4. Launch your meme coin.
Now, let's look at each step in more detail.
For this guide, we will use Smithii to create a meme coin on BNB. Smithii is a comprehensive solution for web3 creators who want to launch tokens and Non-Fungible Tokens without having to write code.
1. Create a wallet: You will need a compatible wallet to create a meme coin on BNB. For this guide, we will use MetaMask.
2. Switch to BNB chain: In your wallet, switch to the BNB network.
3. Navigate to Smithii: Access the official website to use Smithii Tools.
4. Connect to Smithii tool: Click the Wallet Connect button to log into your wallet. In the pop-up menu, switch to BNB Smart Chain. Next, choose MetaMask or a suitable web3 wallet to connect to the platform.
5. Create a token: Select the Create Token button on the next screen.
6. Complete the form: Fill in the form with your token's name, symbol, and supply. You can also choose to tax each transaction made with the token. The form will automatically fill in your wallet address, but you can enter a different wallet address for taxation.
7. Choose token features: On Smithii Tools, you can select additional features for your token, such as Anti-Bot Mode, Anti-Whale, and Airdrop.
You will need at least 0.19 BNB to launch your meme coin and an additional 0.05 BNB to add Anti-Bot or Anti-Whale features on Smithii.
8. Finally, create a liquidation pool on PancakeSwap: After creating the token and having it in your wallet, the next step is to launch a liquidation pool. This will allow users to buy and sell our token.
For this purpose, we will use the liquidation pool creator for PancakeSwap. This will allow you to create a pair between our token and any other token. The most common use case is pairing with BNB or any other stablecoin. Once you add liquidation, your token will be operational on PancakeSwap!
(The translation continues in the same manner for the rest of the text)After Launch
After launching your meme token on BNB, your work is not yet complete. If you want a successful and widely adopted meme token, you will need to actively promote and develop your community. At this stage, marketing is extremely important. Use platforms such as:
- X (formerly Twitter)
- Telegram
- Discord
These platforms are excellent for creating buzz and attracting users. Memes, gifts, and community challenges are very effective in retaining people and attracting participation.
What is a Meme Coin?
A meme coin is a cryptocurrency based on memes: essentially, they are created as jokes. These tokens typically have no inherent value or utility and often have a large token supply and an animal-based token mascot.
Billy Markus and Jackson Palmer created the first meme coin in 2013 — Dogecoin. It featured an image of a Shiba Inu dog named Kabosu, who passed away in May 2024. Since Dogecoin's inception, the total market capitalization of meme coins has sometimes exceeded 100 billion USD.
Meme coin market capAlthough meme coins started as fun jokes without a real use case, the market has expanded to include tokens with actual mechanisms and vibrant communities. Some of the most popular meme coins in the market are:
- Shiba Inu (SHIB)
- Pepe (PEPE)
- Official Trump (TRUMP)
- Bonk (BONK)
- Fartcoin (FARTCOIN)
Although meme coins can be a fun and light-hearted way to participate in the cryptocurrency market, they also come with some associated risks. Always use good judgment when creating or trading meme coins.
What is BNB?
BNB Smart Chain, often abbreviated as BNB Chain, is an EVM-compatible blockchain created by the famous Binance exchange.
BNB has a long history with many changes and rebranding. It started with the name Binance Chain. Shortly after, it was renamed BNB Chain and merged with Binance Smart Chain (BSC), similar to how Ethereum's execution layer merged with the consensus layer to form Ethereum 2.0.
Eventually, all BNB Chain functions will be consolidated under BSC. After BNB Chain was no longer used, Binance Smart Chain became BNB Smart Chain (BSC), and remains so to this day.
BNB became popular due to fast transactions and low costs, qualities that make it ideal for launching meme coins. Because of the meme nature, spread, and volatility of this asset type, users need quick transactions and cheap fees, as successful transactions are extremely time and price sensitive.
Conclusion
Thanks to low-cost, high-throughput blockchains like BNB, creating meme coins has become extremely easy. With platforms like Smithii, you can create tokens with the same power and flexibility as a core developer, without writing a single line of code. Because this process is so easy, using good judgment when creating and trading tokens is even more important. Now that this process is open to anyone, bad actors in these ecosystems are rampant. Always prioritize your online safety.
Frequently Asked Questions
How do you launch a meme coin on BNB?
You can launch a meme coin on BNB with no-code platforms. These include platforms like Smithii and Four.meme. You must have a cryptocurrency wallet and a minimum amount of BNB to launch a meme coin.
Can you make money by launching a meme coin?
Yes, you can make money by launching a meme coin. However, it is important to use good judgment and not engage in exploitative behavior towards cryptocurrency traders. If you decide to make money from a meme coin, you should launch it fairly and be transparent about your motives.
Is creating a meme coin illegal?
Whether creating a meme coin is illegal depends on the jurisdiction. In many countries, it is not illegal. However, this largely depends on the launch implementation, profit expectations, and other factors.
