How To Buy Meme Coins on Pump.fun

Pump.fun is a brand new platform that brings a whole new excitement to meme coin trading. Pump distinguishes itself by preventing rug pulls, and ensuring the safety of all tokens created on their platform. Each coin on pump is a fair-launch with no presale and no team allocation.

With that being said, it’s important to proceed with caution. While pump.fun takes significant steps to enhance the safety and fairness of meme coin trading, it’s still possible to encounter a “rug pull” on the platform.

In this guide, I’ll walk you through how to use Pump.fun, and how to avoid potential scams 👇

How Pump.fun Works

Step 1: Pick a Coin You Like

When you load up Pump, you’ll be greeted with all of the coins available. At a quick glance, you’ll be able to see the market cap’s of these different coins. When you click into one, you’ll get more information such as comments, socials, and holder distribution.

Step 2: Buy The Coin On The Bonding Curve

Once you find a coin that you like you can buy it on the bonding curve. This works the same as if you were buying any other coin on the market.

Step 3: Sell At Any Time

You can sell a coin at any time to lock in any profits or losses.

If you want a faster way to buy & sell tokens on Pump.fun, you need to use a Telegram bot. Telegram bots such as Trojan are able to trade coins faster than directly on Pump.fun. Read this blog on: How To Use Trojan Trading Bot

Step 5: Bonding Curve Reaches a Market Cap of $69k

Once the bonding curve has reached a market cap of $69k, $12k of liquidity is deposited to raydium and burned.

Step 6: Congrats, you’ve made it to Raydium 🥳

A coin making it to Raydium is a great sign, as it can now be publicly traded by anyone with the contract address. You no longer need to buy/sell tokens on Pump.fun.

Tips To Find Good Coins

Buying coins on Pump.fun is like gambling on a slot machine in a casino. From my experience, almost all of the coins I’ve bought have gone to 0. From my experience these are the most important things you can look out for:

1. Nobody owns more than 10% of the supply
2. Has Twitter, Website, and Telegram linked.
3. Dev is actively posting on Twitter
4. Idea is unique and logo isn’t AI-generated art.

You’re Now Ready To Use Pump!

You’re now ready to trade sh*tcoins on Pump.fun. Remember, be careful as these coins are *very* risky. If you found this blog useful, be sure to share it with others, and good luck anon!