Pump.fun Tutorial: Multi-Address Sniping While Creating Tokens

abao
3 min readJun 6, 2024

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What is Pump.fun?

Pump.fun is a platform specifically designed for creating and trading meme tokens on the Solana blockchain. It simplifies the process of launching meme tokens, allowing users to create tokens without providing initial liquidity. Due to its ease of use and low entry barrier, it attracts both experienced crypto enthusiasts and beginners.

Main Features of Pump.fun

Easy Token Creation:

  • Users can launch new tokens with minimal upfront investment (usually about a $2 fee).
  • The platform charges a 1% swap fee, and when the token gains enough liquidity to trade on decentralized exchanges like Raydium, a fee of 2 SOL is charged.

Immediate Trading After Token Creation:

  • After successfully creating a token, trading can commence directly within the Pump platform using a bonding curve mechanism. Users can buy or sell to take profits or invest further.

Fair Launch on Raydium:

  • When the market cap reaches $69,000, equivalent to 85 SOL of buy-in, Pump.fun will reserve 20% of the tokens and automatically add liquidity on Raydium, relinquishing all permissions to provide a fair and transparent liquidity pool for the meme token.

Community Involvement:

  • Pump.fun has a built-in community section where users can discuss strategies and collaborate, fostering a cooperative environment.

Earning Opportunities with Pump.fun

Investing in Hot Tokens Early:

  • The Pump.fun official page supports developers buying their own tokens during creation, attracting more investors during a hot market surge and providing profit opportunities for early holders.

Sniping New Tokens:

  • Use sniping bots to target new tokens issued by other developers, securing the earliest buy-in opportunities.

Finding Tokens Near Raydium Launch Criteria:

  • Tokens about to launch on Raydium typically attract more investors. By finding these opportunities on Pump.fun, you can buy tokens earlier than Raydium investors.

Advanced Strategy: Using Slerftools to Integrate Jito and Pump.fun for Multi-Address Sniping

Slerftools, a tool dedicated to the Solana blockchain, supports token issuance, airdrops, and market making. Recently, it introduced a Pump section that provides advanced features integrating Jito and Pump.fun, allowing users to distribute transactions across up to 16 wallet addresses, ensuring successful execution within the same block. This significantly enhances transaction efficiency and market control.

How to Use Slerftools for Multi-Address Sniping on Pump.fun

SlerfTools Pump.fun launch and buy

Step 1: Access the Tool

Visit the Slerftools Pump launch and buy page and connect your Solana wallet. The connected wallet will be the DEV address for launching the Pump token.

Step 2: Fill in Token Information

Enter the details for the hot token you are interested in, similar to the information you would fill on the official Pump page, and specify the amount the DEV address needs to purchase.

Step 3: Import Multiple Sniping Addresses

You can import up to 16 addresses. Each address should have a balance greater than 0.11 SOL to cover on-chain fees. Set the SOL amount to buy for each address, ideally varying the amount to simulate normal trading behavior.

Step 4: Configure Jito Information

Set the amount for the Jito tip, adjusting flexibly based on network congestion. Generally, 0.001 SOL is optimal. This fee will be paid to the Jito validator node.

Step 5: Click Launch

Click the launch and buy button. Wait for about 30–60 seconds to receive a success result. If unsuccessful, no fees will be charged, and you can retry after adjusting the Jito tip amount or the RPC node. Upon success, you will see multiple addresses buying the token simultaneously on the Pump token page.

Future Outlook

As the DeFi and meme token market continues to grow, tools integrating advanced technologies like Slerftools will become increasingly important. These tools not only improve transaction efficiency but also provide users with greater flexibility and control, helping them navigate the dynamic crypto market.

Slerftools will continue to optimize its platform, offering more features and a better user experience. Whether you are a DeFi project developer, liquidity provider, or active trader, Slerftools provides solid support to help you achieve your trading goals.

Visit Slerftools now to experience the powerful integration of Jito and Pump.fun, and elevate your Solana token trading to the next level.

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abao

Create tokens on Solana, OpenBook, airdrops token, and bot market making. SlerfTools helps you effortlessly build a successful project. https://slerf.tools/