If you’ve been on Solana lately, you’ve heard of Pump.fun. It’s the meme coin factory where coins are birthed, pumped, dumped, and sometimes even live long enough to hit a DEX. In under 30 minutes, a frog in sunglasses can raise $50K in SOL. But what actually goes down during a launch? So I did it. I joined one. Not as a dev. As a regular degen, watching it all unfold in real time—from meme creation to bot wars to liquidity mayhem. Here’s the raw play-by-play, what I learned, and why Pump.fun might be the craziest thing happening in crypto right now.
What Is Pump.fun?
Pump.fun is a launchpad for Solana meme coins. No VC. No whitelist. No team token. Anyone can create a coin for 0.01 SOL. The launch is public and instant. Here’s the twist: there’s no pre-mint. Users buy directly from a bonding curve. Early buys are cheap, and the price goes up as more people buy in. After a threshold is hit (usually 1 SOL in volume), the dev can “renounce” the coin and move it to a DEX like Raydium. That’s when the real chaos begins.
Step 1: The Hype Begins (Seconds 0–60)
At 9:32 AM, a coin called $ZAZU launched. It had no roadmap. No utility. Just a low-res image of a puffin with laser eyes. A random person in the Pump.fun Telegram dropped the link with the message: “LMAOOO $ZAZU dev is back??” The buy orders came in immediately. I mean within seconds. First 20 buys were from wallets with ENS names and Discord badges. Bots? Probably. But a few buys were clearly manual—people rushing in blind. Why? Because the first buyers pay 0.0001 SOL. It’s like grabbing a lottery ticket that could 100x… or evaporate.
Step 2: The Discords Activate (Minutes 1–5)
A mod from a mid-sized Solana meme coin posted $ZAZU in their “degen launches” channel. Suddenly, the volume spiked to 1 SOL. Dev renounced it. Now it’s ready to migrate to Raydium. This is where the real game begins. Early buyers are front-running each other to see who can dump first on-chain. But here’s what most people miss: Telegram groups and Discord servers are coordinating these launches behind the scenes. Mods from other projects get insider pings. Wallets with bot access get alerts. One guy in a Discord bragged about minting 40 meme coins a week—just to see which ones get picked up by influencers. They don’t care about branding. They care about virality velocity.
Step 3: The Dev Moves (Minutes 6–10)
At this point, I’m tracking the dev wallet. They deployed the coin using Pump.fun, then renounced it. The system auto-creates a liquidity pool on Raydium with 100% of the funds locked for trading. But then… the dev does something smart. They buy back into their own coin after launch—at higher prices. Why? To signal bullishness. To trigger Twitter bots that track buys. And yes, those bots do move markets now. I saw a wallet drop 2 SOL in a single buy. Within 45 seconds, five other wallets followed. Herd behavior is real, and these devs know how to exploit it.
Step 4: The Liquidity Games (Minutes 11–30)
At around minute 15, the chart starts looking… frothy. Price is up 20x from launch, but there’s barely 5 SOL in liquidity. If one whale sells, it nukes the chart. And then someone does. One wallet—probably an early buyer—sells 3 SOL worth of $ZAZU. The price tanks 60% instantly. Chat goes wild: “Exit scam?” “Dev rugged?” “Still early?” But the dev responds in Discord. They say they’re adding 1 SOL of their own funds to liquidity to stabilize. That little move pumps confidence and the price. Remember: none of this is regulated. The devs are anonymous. Liquidity can vanish. But the game continues.
Step 5: The Twitter Machine (Hour 1+)
Here’s the dirty secret: the second a coin starts pumping, a swarm of “crypto influencers” with 20K–50K followers start posting it. Not because they believe in the project—but because they bought in already. Within an hour of $ZAZU launching, three “meme coin snipers” on X posted screenshots of their bags. One even Photoshopped a fake DEXTools trending tab to make it seem like $ZAZU was top 3. I asked a guy in a meme alpha group about it. His response? “Bro, if you’re not front-posting your bags on X, you’re exit liquidity.” Harsh. But accurate.
What Actually Matters Behind the Scenes
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Speed is everything. If you’re not buying within the first minute, you’re probably exit liquidity.
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Discord and Telegram alpha groups are the real engine. Coins that trend there first usually outperform.
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Dev wallets are traceable. Watching their actions post-launch (buys, sells, adds to liquidity) is more valuable than any tweet.
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Token names and memes drive virality. $FART, $ZAZU, $JORTS — they don’t need a whitepaper, they need a hook.
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Tools like Birdeye, Solscan, and Pump.fun sniper bots matter more than chart TA. This is speed-based speculation, not fundamentals.
Would I Do It Again?
Honestly? Yeah. It’s exhilarating. But it’s not investing. It’s gambling with speed and memes. If you treat it like anything more, you’ll get burned. Still, I made 4x on $ZAZU. Not because I’m a genius—but because I watched the dev wallet, tracked early buys, and knew when to sell.
Final Thoughts
Pump.fun isn’t just a launchpad. It’s a real-time simulation of crypto’s wildest instincts: greed, FOMO, community, memes, and speed. It removes the pretense and drops you straight into the speculation arena. Behind the scenes, it’s part meme factory, part trading bot warzone, part Discord psy-op. If you’re thinking of joining a launch—do your homework. Watch wallets. Check liquidity. Understand the bonding curve. And most importantly, don’t fall in love with a puffin coin.
About The Author
Name: Frasat Ali
Role: Founder & Lead Analyst at LatestCryptoInfo.com
Experience: 5+ Years in Blockchain & Cryptocurrency Markets
Specializations: Bitcoin, Ethereum, DeFi, NFTs, and Crypto Regulations
Frasat Ali is a seasoned cryptocurrency analyst with over five years of hands-on experience in blockchain technology, trading, and market research. As the founder of LatestCryptoInfo.com, he is dedicated to providing accurate, unbiased, and actionable crypto news to help investors make informed decisions.
LinkedIn: linkedin.com/in/frasataliofficial
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