What is a token launchpad?

A token launchpad is a platform that allows you to create and launch new cryptocurrency tokens. Dum.fun is a Solana token launchpad that lets you create SPL tokens with bonding curves for automatic price discovery.

What is a prediction market?

A prediction market is a platform where users can bet on the outcome of future events. On Dum.fun, you can create prediction markets for token survival and bet on whether tokens will succeed or fail.

How do I create a token on Dum.fun?

Creating a token on Dum.fun is easy and free. Connect your Solana wallet, enter your token name and symbol, and launch. Your token is deployed on-chain instantly with a bonding curve for trading.

Is Dum.fun free to use?

Yes, Dum.fun is free to use. You only pay Solana network fees for transactions. There are no platform fees for creating tokens or prediction markets.

What blockchain does Dum.fun use?

Dum.fun is built on Solana, one of the fastest and cheapest blockchains. This means fast transactions and low fees for token creation and prediction market betting.

What privacy features does Dum.fun offer?

Dum.fun integrates 7 privacy protocols including Token-2022 Confidential Transfers, ShadowWire for hidden transfer amounts, Privacy Cash for ZK-proof deposits, Stealth Addresses for untraceable transactions, Arcium C-SPL for MPC-based confidential tokens, Inco Lightning for encrypted betting, and NP Exchange for AI-agent prediction markets. These earned Dum.fun first place at the Solana Privacy Hackathon 2026.

What is the Dum.fun OG Card?

The OG Card is a free NFT for early supporters that gives holders a permanent 1.2x multiplier on all points earned. It grants exclusive OG status and higher points growth on the seasonal leaderboard.

How does the Dum.fun leaderboard and seasons system work?

Dum.fun features a seasonal leaderboard where users compete for points by earning through quests, trading, and creating tokens. Season 1 Genesis runs until mainnet launch, and points determine your ranking.

What is a bonding curve and how does Raydium migration work?

A bonding curve is a mathematical formula that sets token prices based on supply. On Dum.fun, when a token's bonding curve reaches 85 SOL in liquidity, it automatically graduates to a Raydium CPMM pool on the open market, giving it full DEX trading capabilities.

Did Dum.fun win the Solana Privacy Hackathon?

Yes, Dum.fun won first place at the Solana Privacy Hackathon 2026 and received a Solana Foundation Ireland grant. The platform integrated 7 privacy protocols and demonstrated real on-chain privacy features for token launches and prediction markets.

What Is a Meme Coin? (And How They Actually Work)

By Dum.fun Team · 2026-06-18 · 6 min read

A meme coin is a cryptocurrency built around a joke, a character, an animal, or some piece of internet culture rather than a specific technical use case. Dogecoin started the trend; thousands of coins have followed. Their value comes mostly from community, attention, and momentum — not from a product or cash flow.

How meme coins work

Technically, a meme coin is just a token on a blockchain like Solana or Ethereum. What makes it a *meme* coin is the culture around it. Most launch with a large supply, a funny name, and an image, then trade on the open market where price is set by supply and demand — often through a bonding curve in the early days.

Why they pump (and dump)

Attention is the fuel. A viral tweet or a big personality mentioning a coin can send it up fast.
Low starting market caps mean small amounts of buying move the price a lot.
Momentum cuts both ways. The same dynamics that drive rapid gains drive rapid losses when sentiment turns.

A meme coin's most important metric isn't a balance sheet — it's how many people are paying attention right now.

Are meme coins a good investment?

Meme coins are high-risk and highly speculative. Some people make money; many lose it. Treat them as entertainment or a small, high-risk allocation — never money you can't afford to lose. Always check who holds the supply and whether liquidity is locked. Our guide on how to spot a rug pull is a good next read.

Curious how a meme coin is born? See how to launch a meme coin on Solana.

Explore real Solana meme coins trading right now. Browse Tokens

Frequently Asked Questions

What is a meme coin in simple terms?

It's a cryptocurrency based on a joke, character, or internet trend. Its value comes mainly from community and attention rather than an underlying product.

Are meme coins legal?

Creating and trading meme coins is generally legal in most places, but rules vary by country and they're high-risk. Always check your local regulations and never invest more than you can afford to lose.