TL;DR

• Coining (COINING) is a newly launched meme token on Solana, likely created via Pump.fun.
• Contract address: EJ8HGX5seMUCe3NMLWTyF5A4mjfbAmZyzwFPiL67pump. Always verify this before trading.
• It’s an unverified SPL token with no confirmed official docs or team info — high risk and high volatility.
• Trading is typically on Solana DEXs (e.g., Raydium, Meteora). For discovery and trading, you can also use gmgn.ai, plus trackers like Dexscreener and GeckoTerminal.
• Do thorough due diligence: confirm liquidity, holder distribution, and potential risks using Solscan, Rugcheck, and trusted wallets like Phantom.

What is Coining (COINING)?

Coining is a community-driven meme token on Solana. It appears to have been launched through Pump.fun, a popular no-code token launcher for Solana. Tokens from Pump.fun often show speculative, fast-moving price action powered by social buzz rather than a defined utility.

Key identifiers:

• Name: Coining (COINING)
• Token standard: SPL (Solana Program Library)
• Address: EJ8HGX5seMUCe3NMLWTyF5A4mjfbAmZyzwFPiL67pump
• Status: Unverified on Solana’s token registries and major data aggregators as of late August 2025

How it launched (and what that implies)

Pump.fun makes it easy to spin up tokens by paying a small fee in SOL and setting basic parameters (name, symbol, initial supply). A contract address ending with “pump” strongly suggests a Pump.fun origin. That convenience also means:

• Projects can be anonymous and short-lived.
• Tokenomics may be minimal or unclear.
• Early liquidity is often small, which can amplify slippage and volatility.

Trading, price discovery, and liquidity

Coining activity is typically found on Solana DEXs:

• Swap/trade on Raydium (often used via “PumpSwap” flows from Pump.fun).
• Explore pools on Meteora.
• Track pairs and liquidity on Dexscreener and GeckoTerminal.

If you’re researching or trading Coining, also check:

• Coining on gmgn.ai: gmgn.ai Coining page for real-time flows and analytics.
• On-chain data via Solscan to confirm the exact token you’re interacting with.

Tip: Low liquidity = higher slippage. Always preview your swap’s minimum received and slippage settings before confirming.

Technical quick-start: Solana basics in plain English

• Solana is a high-throughput blockchain with very low fees (often under a cent per transaction), using a combo of Proof of History and Proof of Stake.
• SPL tokens like Coining live in “token accounts” tied to your main wallet. Opening a token account costs a tiny refundable “rent” deposit.
• You’ll need a Solana wallet (e.g., Phantom or Solflare) and a little SOL to cover fees when swapping or transferring.

Supply, holders, and verification

There’s no confirmed public documentation on Coining’s total supply or distribution. To protect yourself:

• Check supply and mint authority on Solscan.
• Inspect holder distribution (are a few wallets holding most of the supply?).
• Review liquidity pool size, LP lock status, and recent large buys/sells.

Market context: meme coins on Solana

Meme coins on Solana can surge fast on hype and crash just as quickly. Some have hit eye-popping caps before retracing sharply. Without a clear product, team, or roadmap, prices are driven mostly by sentiment, liquidity, and influencer activity.

Risks you should know

• Volatility and slippage: Rapid swings and thin liquidity can cause large losses.
• Lack of transparency: Anonymous teams and no whitepaper increase the odds of abandonment or rug pulls.
• Centralization: Concentrated holder distribution can lead to sudden dumps.
• Network and operational risk: Solana has experienced occasional network disruptions during peak load.
• Regulatory uncertainty: Meme tokens can draw scrutiny for market manipulation or unregistered offerings.

A practical due-diligence checklist

• Confirm the contract: Match the address in any UI to Solscan.
• Review holder concentration and recent transfers.
• Check LP size, LP lock, and who controls the mint authority.
• Run automated checks on Rugcheck.
• Compare price/liquidity across Dexscreener, GeckoTerminal, and gmgn.ai.
• Look for an active, authentic community (e.g., posts on X referencing the exact contract address).

How to get started (safely)

• Set up a wallet: Use Phantom and fund it with a small amount of SOL for fees.
• Find the token: Use Solscan or discovery tools like gmgn.ai to locate the correct market.
• Verify liquidity: Check pool size and slippage on Raydium or Meteora.
• Start small: Test a tiny trade first, then reassess.
• Secure your keys: Never sign suspicious transactions; revoke approvals you don’t need.

For builders and practitioners

• If you’re experimenting with Coining in a dApp, use standard SPL tooling and consider frameworks like Anchor.
• Boost transparency: If you’re part of the community, publish clear tokenomics, LP lock details, and mint authority status to build trust.
• Explore integrations: Low-fee Solana rails make micro-rewards, gated access, or NFT tie-ins viable — but be upfront about risks and roadmaps.

Bottom line

Coining is a high-risk meme token on Solana, likely born on Pump.fun. It benefits from Solana’s speed and low fees but lacks formal documentation and verification. If you decide to engage, treat it as speculative, verify everything on-chain, and size positions conservatively.

Disclaimer: This article is for informational purposes only and is not financial advice. Crypto assets are highly volatile. Do your own research and never invest more than you can afford to lose.