Part 7/9:
- Building a Liquidity Pool: After the token is created, you can begin trading by establishing a liquidity pool. This involves pairing your new token with a reputable cryptocurrency like Solana.
The Potential Pitfalls
The ease of creating meme coins also brings certain ethical concerns. With minimal barriers to entry, creators possess the ability to engage in questionable practices, including rug pulls. This occurs when developers withdraw liquidity unexpectedly, leaving investors with worthless tokens.