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[microunit]

This might be question that many wants to know considering the rise of new coins everyday and even memecoins and shtcoins that are taking storm even just shortly after their launched. Surprisingly the amount of money you will have to spend in creating your coin will depend on the network where you will create it either in ethereum network, binance network or tron network or etc.. The amount will be dependent on the actual transaction fees of the system, so the higher the transaction fees of the system the higher you will spend. with binance or tron network you could be spending around less 5 or 10$, currently with high transaction in ethereum network you could be spending around 25-50$. This is probably also why we see less coins under eth network lately and we see more in under the binance network.

 

[Niftyicon]

New coins are being churned out by the minute at an alarming rate and a lot of them are on the Binance Smart chain net work. The problem with this is that solid projects may end up lost in the ocean of new coins if the developers are not efficient enough.

 

[LutherKing]

The minimum the possible , while focusing on actual and real marketing so it can have the presence felt around and buzz around it

 

[Bousine00]

This might be question that many wants to know considering the rise of new coins everyday and even memecoins and shtcoins that are taking storm even just shortly after their launched. Surprisingly the amount of money you will have to spend in creating your coin will depend on the network where you will create it either in ethereum network, binance network or tron network or etc.. The amount will be dependent on the actual transaction fees of the system, so the higher the transaction fees of the system the higher you will spend. with binance or tron network you could be spending around less 5 or 10$, currently with high transaction in ethereum network you could be spending around 25-50$. This is probably also why we see less coins under eth network lately and we see more in under the binance network.

I don't think you actually need much funding to create your own coin. You just need to find the right team and your coin will make It in months.

 

[microunit]

I don't think you actually need much funding to create your own coin. You just need to find the right team and your coin will make It in months.

Initial funding for the coin is for transaction fees in the network and that depends on which network you are trying to make a coin with , like if currently if you want to make under eth network while gas fees are high then initial funding is high too as that also sets the initial price of your coin

 

[Josemendez]

I think there is more to creating a coin than we know. For your coin to be sold in exchanges , you need to provide liquidity. You also need to pay creation fee in the network you are using

 

[microunit]

Is coin business that very easy, for people to be thinking of creating owned coin.
Coin investment, ordinarily requires much to invest not to talk of creating personal coin.

Well lots of people have been creating there own coins when dogecoin pop off , and they think that their coins could ve the next dogecoin , and they also always name it something similar to dogecoin

 

[Wisdom01]

Wow is that an estimation of the real amount used in creating a coin because I consider it cheap , if I am creating I will pick using the binance or Tron blockchain network due to the fee , because many of my users would love to use the coin since it have less fee compared to ethereum

 

[gammarays]

I think creating a Crypto token shouldn't just be about minting the token. Community development and PR costs must be involved. Many crypto projects just focus on minting and forget the other core aspects. They usually end up as grab and run schemes. Minting tokens and setting up smart contracts is very cheap especially on low fees blockchain networks like BSC, polygon, solana and others.