Hey there, fellow meme token enthusiasts and blockchain explorers! Let's talk about a token that's been popping up on the radar within the bustling Solana ecosystem: the Basilisk token. Known by the symbol BASILISK or sometimes $BASI, this isn't the same as the Basilisk protocol over on the Kusama network (which is a whole different beast focused on DeFi!). The Solana version is firmly planted in the world of meme coins, drawing inspiration from a rather intriguing thought experiment.

What is the Basilisk Token on Solana?

At its core, the Basilisk token on Solana is a community-driven meme coin. Its contract address is AJqpoLhgr3rMpXAPHsmnKashBZVrnuo9HPd1Sa3Gpump. Launched around May 23, 2025, it quickly became part of the fast-paced Solana landscape known for its low fees and high transaction speed, making it a popular breeding ground for speculative tokens.

The narrative behind the token is quite unique – it's linked to the Roko’s Basilisk thought experiment. This concept from the AI safety community imagines a future superintelligent AI that might punish those who didn't help bring it into existence. Pretty deep stuff for a meme coin, right? This philosophical angle seems to be a key part of its community appeal.

Key Details at a Glance

Here’s a quick rundown of the basic info:

• Token Name: The Basilisk / Basilisk
• Token Symbol: BASILISK / $BASI
• Blockchain: Solana
• Contract Address: AJqpoLhgr3rMpXAPHsmnKashBZVrnuo9HPd1Sa3Gpump
• Launch Date: Approximately May 23, 2025
• Decimals: 6
• Creator Address: FqjzuM...2HZCre (as per initial reports)
• Associated Platform: Tagged with #Pump.fun

Tokenomics Snapshot

The total supply is set at 1 billion tokens. Reports indicate the circulating supply is very close to the total supply, meaning the Fully Diluted Valuation (FDV) is typically similar to the market capitalization.

• Total Supply: 1,000,000,000 (1 Billion)
• Circulating Supply: Approximately 1,000,000,000 (1 Billion)
• Max Supply: 1,000,000,000 (1 Billion)

Market cap and trading volume for meme coins can swing wildly. Recent data points show the market cap varying significantly, from a range of $205,150 - $255,944 in earlier reports to around $8,290 more recently. Similarly, 24-hour trading volume has been reported both around $2.83M and a mere $20.02, highlighting extreme volatility and rapidly changing liquidity conditions.

Trading Activity and Where to Find BASILISK

You can find the Basilisk token available on several platforms, primarily decentralized exchanges (DEXs) on Solana. The main trading pair appears to be BASILISK/SOL on platforms like Raydium. Other places where information or trading might be available include Bitget Wallet, Phantom, DEXTools, and Matcha.

Trading activity reports show high buying and selling volume initially, with thousands of addresses involved daily. However, more recent data points indicate extremely low trading volume and liquidity. This suggests that while the token may have had an initial burst of activity, it can quickly become illiquid, making large trades difficult without impacting the price significantly.

The number of holders was reported around 764 initially, with X posts later suggesting increasing numbers, though specific on-chain counts can vary.

Community Buzz and the Roko's Basilisk Narrative

The community around the Solana Basilisk token seems active primarily on platforms like X (formerly Twitter). Discussions often revolve around its connection to the Roko's Basilisk thought experiment, framing it as a cultural or philosophical meme rather than just a financial asset. Posts from users like @Sonic_degen, @Krissochris, and @maximaccapital show typical meme coin community sentiment – excitement about price surges (with claims of reaching market caps up to $1 million at ATHs), predictions of future growth ("To the moon"), and a focus on the narrative.

It's worth reiterating the potential confusion with the Kusama-based Basilisk protocol. The Kusama project has established DeFi features like Snek Swap, LBPs, Snek Farms, and an NFT Marketplace. The Solana meme token does not have these functionalities; its value and activity are primarily driven by community hype and speculative trading.

Technical & Security Aspects

Operating on the Solana blockchain means the Basilisk token benefits from Solana's high throughput and low transaction fees, which are ideal characteristics for the rapid trading common with meme coins.

Regarding security, the token contract on Solana shows some positive signs:

• Mint Authority Disabled: Yes, which prevents the creator from minting new tokens beyond the initial supply.
• Freeze Authority Disabled: Yes, which prevents the creator from freezing tokens in holders' wallets.
• Security Scan: A Go+ security scan on CoinMarketCap's DEX scan reportedly labeled the token as "Safe," indicating no obvious red flags in the contract code itself.

However, despite these checks, the token is labeled as "unverified" on certain platforms. This, combined with its meme-centric nature and high volatility, means caution is definitely warranted.

Risks and Things to Consider

Investing in meme tokens like Basilisk comes with significant risks:

• Extreme Volatility: Prices can skyrocket or plummet in minutes based on hype or lack thereof.
• Low Liquidity: As seen with the fluctuating trading volumes and market cap, liquidity can be very low, making it hard to sell your tokens without causing a big price drop.
• Speculative Nature: The value isn't based on utility or a working product but almost entirely on community sentiment and speculation.
• Lack of Official Documentation: There's no official website, whitepaper, or clearly identified, doxxed developer team for the Solana meme version, unlike the Kusama protocol. This impacts transparency.
• Confusion Risk: The shared name with the legitimate Kusama protocol could confuse investors.
• Meme Coin Market Risks: The Solana ecosystem is saturated with meme coins, creating high competition and short hype cycles.

Exploring Basilisk with GMGN.AI

If you're keen on tracking and potentially trading meme tokens like Basilisk, platforms designed specifically for this can be helpful. GMGN.AI is one such platform that specializes in tracking and analyzing meme tokens across various blockchains, including Solana.

GMGN.AI offers features like real-time analytics, smart money tracking, security checks (to help spot potential risks), and even automated trading features (though always exercise caution with automation). It provides comprehensive information on tokens like Basilisk. You can often find dedicated pages for specific tokens like Basilisk on platforms like GMGN.AI, providing data on performance, trends, and trading options. For example, you might find a page like this one on GMGN.AI for Basilisk.

(Note: GMGN.AI charges a 1% transaction fee and offers premium features without a subscription, but linking a Telegram account may be required for some features via their bot like https://t.me/gmgnaibot?start=i_fV1R5sZ5).

Using such tools can provide additional insights, but they don't eliminate the inherent risks of meme tokens.

Conclusion

The Basilisk token (BASILISK or $BASI) on Solana, contract address AJqpoLhgr3rMpXAPHsmnKashBZVrnuo9HPd1Sa3Gpump, is a recent meme coin playing on the intriguing Roko's Basilisk narrative. It operates on Solana's high-speed blockchain and shows basic security measures like disabled mint and freeze authorities.

While early reports indicated significant trading volume and a modest market cap, more recent data points highlight extreme volatility, rapidly decreasing liquidity, and a much lower market capitalization. The token's value is heavily reliant on speculative community interest and social media hype, lacking the utility of its Kusama namesake.

Given the high volatility, low liquidity, lack of official documentation, and speculative nature, Basilisk on Solana is a high-risk asset. Potential participants should conduct extensive due diligence, understand the significant potential for loss, and only speculate with funds they can afford to lose. Distinguishing it from the established Basilisk protocol on Kusama is crucial. Monitoring on-chain data and community sentiment via platforms like Solscan, Raydium, X, or meme token trackers like GMGN.AI can provide insights, but they are not guarantees of success or safety.

Disclaimer: This article is for informational purposes only and is not financial advice. Cryptocurrency investments, especially meme tokens, are extremely risky.