Hey there, welcome to Meme Insider! Today, we're diving into the world of the COPE token on the Solana blockchain. If you're navigating the fast-paced crypto space, especially on Solana, you've likely heard whispers about this meme coin. We're here to give you the lowdown based on the latest reports.

The COPE token, easily identifiable by its address h86Z6FfsvR3X1siqXaPbwaSxHm5aeGF35k6Qp8rpump, is a meme-based cryptocurrency that launched on October 1, 2023. It's built as an SPL token, which is the standard token type on Solana, known for enabling fast and cheap transactions. While some meme coins are just for fun, COPE aims to build a community and offer some interesting features within the Solana ecosystem.

It's super important to note right off the bat: there was an earlier project also called COPE, launched in 2021, that focused on trader performance analysis. That project is now considered defunct, partly due to issues like developers selling off tokens. The current COPE token (h86Z6FfsvR3X1siqXaPbwaSxHm5aeGF35k6Qp8rpump) is not related to that older project. The current one is all about meme culture and community-driven activities.

What Can You Actually Do with COPE?

Beyond just holding or trading it, the COPE token has a few stated utilities within its ecosystem:

• Raffles and Auctions: You can use COPE tokens to jump into raffles and auctions.
• Burning: COPE can be burned to get other assets or benefits. This is often used as a mechanism to potentially reduce supply over time.
• NFT Minting: If you're into NFTs (Non-Fungible Tokens), you can use COPE to mint new ones.
• Play-to-Earn (P2E) Games: COPE is integrated into some P2E decentralized applications (dApps) on Solana. Think games where you might compete by making trading predictions to climb leaderboards and earn rewards.
• Casino Games: The token can also be used to play casino-style games.
• Staking: You can stake your COPE tokens in Solana-native liquidity pools on platforms like Raydium or directly in compatible wallets such as Sollet and Phantom to potentially earn more tokens.

All About the COPE Community

Community is a big deal for meme coins, and COPE is no different. It aims to bring together people who might have experienced losses from "rug pulls" or scams in the crypto world, providing a space to "cope" through shared meme creation and community initiatives.

You'll find the COPE community active on platforms like X (formerly Twitter) and Discord. They often run airdrop campaigns to attract new holders and spread the token around. Token burns are also part of their strategy, announced sometimes on social media, to potentially boost value by reducing supply. Holder counts are growing, but it's still a relatively small base compared to some major tokens.

Let's Talk Tokenomics (and Some Confusion)

Understanding a token's supply is crucial, but with COPE, the reports show some conflicting data.

• Total Supply: One source suggests a total supply of 50 million COPE tokens. Another report throws out numbers like 420.69 Million or even 100 Trillion COPE! See the confusion?
• Circulating Supply: Similar story here. One report mentions a self-reported circulating supply of about 15.99 million, while others state data is unavailable or match the total supply (420.69 Million). Major platforms like CoinMarketCap haven't officially verified the circulating supply.
• Fully Diluted Valuation (FDV): Estimates vary widely, from around $4,173 to $178,096. This variance is likely tied to the unclear supply figures.

This lack of clear, verifiable supply data is a notable point investors should be aware of.

On a more positive note regarding supply, there have been claims on X about developers locking a significant portion (like 50%) of the token supply, potentially using platforms like Stream Flow for vesting. However, these claims need independent verification as social media posts aren't definitive proof.

Liquidity for COPE is mainly found on decentralized exchanges (DEXs) on Solana, particularly Raydium. The COPE/USDC trading pair seems to be the most active.

COPE's Market Performance

As you might expect from a meme coin, COPE's price can be pretty wild. As of April 29, 2025, the price is around $0.0000000005 to $0.0000000006 USD. Trading volume over 24 hours has been reported between a few dollars and a few thousand dollars, showing significant fluctuations, sometimes reporting massive percentage increases in volume.

Market capitalization estimates vary, but recent reports place it anywhere from around $1,600 (in BTC terms) up to $2.29 million (potentially reflecting short-term pumps).

Looking at historical performance is tricky due to the confusion with the earlier COPE token and conflicting data:

• One report lists an All-Time High (ATH) of approximately $8.54.
• Another reports an ATH of $0.0001956 from May 2021, which is almost certainly the ATH of the earlier COPE token project.
• All-Time Low (ATL) figures also conflict, showing values like $0.003042 or even $0.074748 (from August 2024, which seems unusually high compared to the current price).

Given these discrepancies, it's best to focus on the current market data and understand that historical price points, especially older ones, might refer to a different project or be based on unreliable data.

You can trade COPE on various Solana DEXs. Raydium is a key one, but others like Cetus and platforms mentioned as "PumpSwap on Solana" also show trading activity, though volume figures vary across platforms and reports.

What Are the Risks?

Like any meme coin, especially on a fast-moving chain like Solana, trading COPE comes with risks:

• Extreme Volatility: Prices can surge or crash dramatically based on hype, social media trends, or coordinated trading ("pump and dump" schemes).
• Unverified Data: The inconsistent reports on supply and market cap, plus the lack of verification from major data providers, mean you're working with potentially incomplete or inaccurate information.
• Transparency Issues: Information about the development team and the project's long-term roadmap is limited, and claims made on social media aren't always verifiable.
• Historical Shadow: The earlier COPE token's troubles could create confusion or negatively impact the reputation of the current project.
• Rug Pull Potential: While the current team's intentions aren't fully clear, the meme coin space is unfortunately known for "rug pulls," where projects are abandoned after funds are raised.

How COPE Fits into the Solana Ecosystem

COPE benefits from being an SPL token on Solana, leveraging the chain's speed and low transaction costs for trading and interacting with its utilities. It integrates with core Solana infrastructure like Raydium for trading and potentially Stream Flow for token management if locking claims are true. Its focus on NFTs also aligns with Solana's strong NFT market. Potential synergies with other Solana projects in DeFi or GameFi could further enhance its utility down the line.

Tools for Tracking COPE

If you're keen on keeping an eye on COPE or other meme tokens, platforms designed for this purpose can be helpful. GMGN.AI is one such tool that specializes in tracking and analyzing meme tokens across various blockchains, including Solana.

Key features of GMGN.AI include tracking "smart money" wallets (to see what experienced traders are doing), providing real-time analytics, offering automated trading options (note: this requires linking Telegram), and performing security checks to help identify potential risks like "honeypots" or high transaction fees. It supports cross-chain compatibility and charges a flat 1% transaction fee with no subscription needed for core features.

You can find detailed information specifically about the COPE token on GMGN.AI's dedicated page here. Using such tools can give you more real-time insight than relying solely on potentially outdated or conflicting data from reports.

Wrapping It Up

The COPE token (h86Z6FfsvR3X1siqXaPbwaSxHm5aeGF35k6Qp8rpump) is a Solana-based meme coin carving out its space through community building, airdrops, and utilities like NFT minting and P2E game integration. It rides on Solana's technical strengths but faces significant challenges, including market volatility, unclear tokenomics data, limited transparency, and the potential confusion with an earlier, failed project.

As with any meme coin, especially one with conflicting data points and limited verified information, approaching COPE requires caution. Do your own research, understand the high risks involved, and never invest more than you can afford to lose. Keeping track of its performance on reliable platforms and understanding the community dynamics are key if you choose to engage with this token.