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Blog · Last updated 2026-08-31

What are memecoins?

A memecoin is a permissionless token with a joke and a curve. Most never graduate. Solana uses Pump.fun. Robinhood Chain uses Pons.

A memecoin is a permissionless token with a ticker, an image, and a crowd. There is no product. The “trenches” are the first hours: bonding curve, Telegram, a DexScreener pair if one exists. Most coins never graduate. The ones that do still usually go to zero.

The machine

StepWhat happens
LaunchSomeone deploys on a pad. Name, ticker, image. Tax is set now or never.
CurveBuys push price up a bonding curve. Sells push it down. No order book.
GraduateHit the pad’s threshold → liquidity moves to a real AMM.
TradeJupiter / PumpSwap / Raydium on Solana. Uniswap v4 on Robinhood Chain.

Where they launch

Side-by-side: Solana vs Robinhood Chain.

What “good” looks like on a 10-minute clock

If you launched one

A pad is not a rank. Graduation is not DexScreener verification. How to promote a new token — bid more than #1 on DEX Ranks if you want the board.