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Yeah, you make a good point. I'm uploading a more detailed video with a different way to create and deploy a smart contract for a new token. It covers how to change the decimals as well. It'll be uploaded in the next 30minutes or so.

@@corneliusnewsom2802 hummingbot is a lot more technical to setup and use than standard premade bots. It’s better geared for people that are already devs who understand coding since it uses Python and allows you to create bots with it. As I don’t have time to answer a ton of technical questions, I would suggest just using premade bots from other platforms like Telegram. The bots I use to trade are: Trojan on Solana for Solana tokens, and NFD Tron Trade Bot for Tron tokens. The Wallets I use are: Phantom for Solana, Tron Link for Tron, and Metamask for pretty much everything else. Platforms I like to trade on are: Photon and now the new one I’ve been using is Mevx.

@@nonumbers1524 thanks. I don’t really understand what your question is.

For example, what happen with the 1.5 sol invested? if you sell all the amount

@@nonumbers1524 if you sell before others, you profit. If you sell after others you more or less get ur SOL back.

@@JohnBruno-yi1ex lol yeah no doubt

@@vincenthelmers5152 no problem 👍🏻

@@Mohammed-y2c No. You need to own a token and have it sent to your Phantom wallet before it will show up.

@@cryptogems2024 thanks bro

There is no set amount that I know of.

@@cryptogems2024 thanks

You only need to ask a questions once bro, not 3-4 times. Did you launch it on Pump.fun or somewhere else?

Where did you launch it?

@@cryptogems2024 bro i have got 100 crore coins can trade without liquidity ? Jupiter seems not verified.

@@cryptogems2024 can me trade in pump fun without liquidity add??

@@cryptogems2024 can me pull liquidity in pump fun bro

​@@cryptogems2024 in pumpfun

You launched on Pump.fun?

​@@cryptogems2024yaa

Yes​@@cryptogems2024

Yeah I can do that.

When you launch your token it asks you if you want to buy your own token before you launch it. It will be a pump fun wallet, not a wallet you already have like a Phantom or Solflare wallet.

Yeah I don’t think you’re supposed to be able to lose money as the dev launching the meme coin on Pump.

👋🏻

It just depends on how much money you have to market. You could run ads like on blockchain-ads.com, join Telegram launch groups, pay callers/KOLS to call your launch, hire a crypto marketing person, use legitimate influencers to promote your launch, etc. Almost all good marketing for crypto is expensive though.

@@cryptogems2024 yea thats what worries me. advertising is very expensive. thank you for your advise though

On Pump, you start with a market cap of about $4,500 even if you put nothing in yourself as the dev at launch. Essentially, it’s “like” Pump is putting 29 SOL in for you to get that market cap. The liquidity pool grows as people buy into your token. If you have no following or paid marketing in place your token won’t go anywhere. If you marketed your token well and you happen to hit the binding curve(roughly a $65k market cap), then Pump creates a liquidity pool of $12,000 on Raydium for you and burns those LP tokens. People can then buy on Raydium, or whatever platform or bit they like. The advantage of Pump launches is you need almost no money to launch. But without a following or marketing it won’t take off. The same rule applies to launching on Raydium directly. You need a following or marketing. The difference is on Raydium, you need to pay for the liquidity pool yourself. Best practices are to have a halfway decent budget regardless of where you launch. You need marketing dollars mainly to get people to buy. You should also use a volume bot to make micro transactions(0.01 SOL per minute) to make your volume look good to potential investors.

I did one a while back about how they’re all scams, but I’ll check it out and let you know.

I checked it out. He’s got over 60k subs which is pretty good, but you can buy YT subs. Couple of red flags to me though. 1. In the top of the code it’s importing an IPFS file. That almost always means it’s a scam, at least from all the ones I’ve checked out. 2. Scammers always use an old version of Solidity, just like this guy is. He’s using 6.6 and Solidity is already up into the 8.0+ currently. 3. He says to deposit at least 1 ETH to the smart contract. Scammers always say shit like that. They want you to invest a lot so they rip you off and make a lot each time. The dude and his videos look like a scam to me 100%. Honestly, ur better off paying a real developer to build you a flash loan arbitrage bot for a DEX. Usually they run between $2,500-$5,000 to get built. I have seen them as low as like $1,000 though. Just have to make sure the developer is legit and has reviews like on Upwork. Hope this helped.

@@cryptogems2024 yes it did thank you ill look out more

Basically at the current price of SOL@$160 you’d need 413 SOL to hit the bonding curve.

@@cryptogems2024 Not true. 85 solana.

Yes. If it’s successful on Pump, it will automatically be moved to Raydium. Then if you want to you could try to get it listed on a CEX or pay them to list it. Some don’t charge and some do.

@@cryptogems2024 Thanks for the reply.

@@cryptogems2024 Thanks for the reply.i just noticed that you replied

Yeah you need a following prior to launching or you can pay callers to call your token in their telegram if they are willing to.

Hey id like to talk with you about lunching coin do you have any socials ?

@aayden1

Do you create a website? Have bots on your TG? Or have VC open? These are all factors people look into before they buy

@@lulbhocolate8465 Yes you need a website, X/Twitter, and a Telegram. Having a running VC starting at launch is a good idea so people see you’re active on there.

I don’t know what the initial token price is but it depends on how much of your own token you want to buy when you create it. It’s super cheap so you could just try it. Or maybe I’ll create one and record it so you guys can see one being deployed live.

Not even the top meme coin on Soloana is on coinbase...

Can it atleast get listed on smaller exchanges ?

I’m not 100% certain if you as the dev can lose anything or not. Usually it’s the buyers that are worried about the dev selling and then losing money. Honestly, it’s fast and easy to create one. If you don’t have a following or people to push/promote the token though, it’ll never do anything. You can always try it for fun just to see how it works, but I would put very little SOL in if you do. Maybe .1 SOL or something and try it out. Up to you though.

Ty bro . another question I have to ask you and then I promise I'll leave you alone ahahaha is if we pretend that the meme coin I create is fine, then I would have to burn the liquidity but I'm not clear on how to do it if I have to burn all of my supply or not. This isn't clear to me yet...

@@sandro..99 lol all good bro. You don’t need to burn the liquidity with pump. It automatically creates it for you on pump, then if ur token happens to hit the bonding curve and get moved to Raydium, pump takes a portion(like $10k-$12k) and uses that as ur token’s liquidity on Raydium and automatically burns it for you there.

its costs 0.02 sol and a little bit of network fees so likely you wont be losing anything to much

I’m not a programmer or coder. You can get someone to build one on places like Upwork, but they normally charge $3,000-$5,000 to do it. Also don’t fall for people on Fiverr offering to build them cheap.

Well Mike I said before I’m not a coder so that wouldn’t work. Also, if everyone uses the same bot before too long it won’t be profitable. Everyone should be using their own customized bot for whichever platform they want and whichever chain they want it on etc.

⁠@@cryptogems2024 do you have any recommendations or have had experience with someone that has coded a profitable one on Upwork?

@@cryptogems2024do you have any freelancer that you can recommend on Upwork to do this?

@@cryptogems2024 What's up man. Have you had any good experience with a freelancer that you could recommend? Would really appreciate it!

Yeah they’re all scams unfortunately

Most are garbage. You need a developer to build you an arbitrage bot. Especially if ur trying to use flash loans. I would stay away from any websites claiming you can make money with them doing crypto arbitrage.

@@cryptogems2024 have you heard of solesbot?

Yes this works the same way with to create a token on Avalanche

What’s the problem you’re having?

⁠@@cryptogems2024when I try confirm contract it’s write I need used hardhat-verify

@@cryptogems2024 same thing happens to me. it doesnt take me to the same page as you, where you picked your solidty etc. It takes us to hardhat verification page.

I'm also having this same issue. Have either of you found a solution? I really don't want to deep dive on hardhat... @@Akashefi120

I'm having same issue. Have you found a solution?@@TomAs-ox3is

No problem. I’ll try to make an updated video to make sure everything is current.

@@cryptogems2024 Thanks mate, its weird, because I tried to deoploy erc20 as you showed, as per ETH testnet, I put in that box my wallet adress and it went through, but when i try to deploy the same contract on AVAX testnet, I get error. would be great if you create updated one.

@@cryptogems2024 when is the updated video coming?

what error do you get? try switching the EVM to Paris instead of default or Shanghai... I just had this issue and Stackoverflow helped me figure it out to deploy on Avalanche. Hope this helps!@@beqatyupi