Yes, Sui has a token system and there’s growing interest in launching meme coins and community tokens—similar to platforms like pump.fun on Solana. While Sui doesn’t yet have a pump.fun-style token launcher that’s widely adopted, several tools and marketplaces are emerging to make this process easier. One of the most notable examples is SuiFren.fun, a platform that allows you to create and trade tokens directly on the Sui blockchain with very low fees.

Creating a token on Sui typically involves writing a small Move smart contract or using existing no-code launch platforms when available. It’s very cheap: deployment and basic interactions (minting, transferring, listing) usually cost less than $0.01 per transaction thanks to Sui’s low and predictable gas fees. You can mint a token, airdrop, and list it on DEXs (like Turbos Finance) without needing thousands in deployment capital—perfect for meme coins and experimental tokens.

If you're just starting out, visit the official Sui developer docs to learn how coins are created using the sui::coin module. For no-code or low-code solutions, keep an eye on sites like suifren.fun or upcoming tools from the Sui community, as more projects are launching simplified token creators and even fair-launch mechanics.

So yes, Sui is ideal for fast, low-cost token experiments—and it's still early, which gives you a head start.