Hey crypto enthusiasts! 👋 Ever heard of Daboo? It's the latest meme coin making waves on the Solana blockchain, and you know we at Meme Insider had to dive deep and check it out. So, buckle up as we break down everything you need to know about Daboo, from its quirky beginnings to its potential (and risks!).
Daboo, with the ticker Daboo
and token address AwbEKaTw7jG4YMasMssfrBJRzhXPXCnUijvF79Y1KzDi
on Solana, is your typical meme coin – born from internet culture and powered by community vibes. You can peek at all the nitty-gritty details directly on Solscan.
Now, let's talk numbers. As of today, February 20, 2025, pinning down the exact price and volume of Daboo is a bit like chasing shadows – different platforms are showing slightly different figures. For instance, DEX Screener is showing a price around $0.00004322, while CoinMarketCap lists it at $0.000079571. Trading volume in the last 24 hours? Well, it’s a similar story. CoinGecko reported around $9.18, but CoinMarketCap shows a flat $0. What does this tell us? Meme coin markets move fast and data can vary across different aggregators – always cross-reference!
Despite the data discrepancies, we can get a general sense of Daboo's market. CoinMarketCap pegs its market cap around $95.58 and liquidity at $106.55. Security-wise, it's showing positive signs with Mint Authority and Freeze functions disabled, which is always good to see.
How's Daboo been performing lately? Hold on tight, because meme coins are known for their wild rides! The price of Daboo is dancing around $0.000041. Over the last 24 hours, it’s barely moved, down by a tiny 0.04%. But zoom out a bit, and you’ll see a bigger picture: down almost 13% in the past week, nearly 40% in the last month, and a whopping 78.5% over the last year. Ouch! It hit an all-time high of $0.000079, which is still about 48% above the current price. This volatility is meme coin 101, folks.
Tokenomics time! The total supply of Daboo is around 978.4 million tokens, and get this – it's also the circulating supply. Interestingly, about 350 million tokens have reportedly been burned 🔥, which could make the remaining tokens scarcer and potentially more valuable down the line. Plus, there's talk of 45 million tokens set aside for developers, vested over 10 years, suggesting some long-term commitment to the project.
Like any good meme coin, Daboo thrives on community. They've got a crew known as "diamond hands," which hints at a loyal bunch of holders. There's even an online store with merch – gotta love that meme coin spirit trying to build a brand! Of course, you can dive into technical charts and analysis on platforms like TradingView if you’re into that kind of thing, charting Daboo against Wrapped SOL (WSOL) on Solana.
Now, let's be real. Meme coins are risky business. Daboo is no exception. We're talking about a highly volatile asset with limited utility beyond, well, being a meme. Price swings can be dramatic, and the dreaded "rug pull" is always a possibility with unaudited crypto projects. Low liquidity, as reported, can amplify these price swings. And let's not forget the ever-present regulatory uncertainties looming over the crypto world, especially for tokens on blockchains like Solana.
Thinking about diving into the meme coin market, or specifically Daboo? Platforms like GMGN.AI could be your toolkit. GMGN.AI is designed for tracking, analyzing, and even trading meme tokens across multiple blockchains, including Solana. They offer features like "smart money tracking" (watching what the big wallets are doing), automated trading bots (linked via Telegram: https://t.me/gmgnaibot?start=i_fV1R5sZ5), and security checks to sniff out potential scams. You can even check out Daboo specifically on GMGN.AI here: https://gmgn.ai/sol/token/fV1R5sZ5_AwbEKaTw7jG4YMasMssfrBJRzhXPXCnUijvF79Y1KzDi.
Social media predictions are floating around suggesting Daboo might pump in the coming months, maybe hitting $0.0009522 in February 2025 and even $0.001262 by July 2025. But remember – these are just predictions, often based on hype and hopium.
The Bottom Line? Daboo is a Solana-based meme token – high risk, high reward potential. It's got that community buzz and some interesting tokenomics with the burn and vesting. But it's also riding the meme coin rollercoaster of extreme volatility and inherent risks. If you're thinking about investing, tread very carefully, do your own deep research, and never put in more than you can afford to lose. Meme coins are a wild ride – enjoy the memes, but always stay informed and responsible! 😉