Meme Insider
If you’re in the Solana ecosystem and paying attention to meme tokens, you’ve probably heard about DNUT—also known as Dognut. In this guide, we’ll break down what DNUT is, why it’s getting hype, its trading stats, community narrative, risks, and how you can get involved (or why you might want to stay on the sidelines).
What Is DNUT (Dognut)?
DNUT is a meme coin living on the Solana blockchain. Like most meme coins, its value and appeal rely less on underlying technology and more on community, social media hype, and meme-driven narratives. The "Dognut" branding riffs on donut humor, sometimes alluding to Krispy Kreme or other popular donut icons, and taps into the classic "degen" (high-risk, high-reward) trading culture found on crypto Twitter (X).
The token’s story involves “Peanut the Squirrel’s mission, fighting for freedom and change”—a whimsical, community-driven narrative that is typical of meme coins built for engagement rather than real-world utility.
Technical Details & Supply
- Token Symbol: DNUT
- Solana Contract Address: GPbVkH7bmxuwM8vKsWVYJ4rW7ErwsNwRoBGho16Sbonk
- Token Type: SPL (Solana Program Library) Standard
- Circulating Supply: ~999.4 million DNUT as of May 2025
- Max Supply: Not clearly capped (tokens may be minted over time)
Liquidity:
On Raydium, the DNUT/SOL liquidity pool previously held about $33K in assets—indicative of moderate trading activity for a meme coin. Liquidity is key; if there isn’t much in the pool, it’s easy for prices to swing wildly if anyone buys or sells in size.
Market Performance & Stats
- Price: Fluctuated between $0.0000132 and $0.00003817 in the past year (as of late 2024 to mid-2025)
- Market Cap: Highly volatile, reported as low as $2,690 and surging up to $1.3M at peak hype moments
- 24h Trading Volume: Ranges from under $1,000 to over $1,100 depending on attention and market cycles
- Price History: Like most meme coins, DNUT experiences wild swings—24x jumps have been reported in some trading circles on X
It’s worth noting that these numbers change fast in the meme coin world, and past performance is not a guarantee of future results.
Where to Trade DNUT
You can buy, swap, or track DNUT on Solana-friendly decentralized exchanges and tools:
- Raydium
- DEXTools (Solana section)
- Solscan for contract and on-chain data
- GeckoTerminal for live pool stats
You’ll need a Solana wallet such as Phantom or Bitget Wallet to hold and trade.
Community, Social Media, & Hype
DNUT’s community is mostly active on X (formerly Twitter), where “degen” traders chase the next big gain. Notable accounts like @Dnutinsol push updates, memes, and price alerts. Hype comes from viral posts comparing DNUT to legendary meme tokens like PNUT and referencing meme finance legends such as WallStreetBets (“GME 2.0”). These narratives are powerful in the meme space, attracting both FOMO traders and dedicated fans.
Risks & Things to Watch
Before you ape in, keep these risks top-of-mind:
- Unverified Contract: DNUT’s Solana contract is unverified on major wallets like Phantom, raising potential security and scam risks.
- Volatility: Prices pump hard and can dump even harder. Meme coins live and die by social sentiment.
- Lack of Real Utility: DNUT’s value is based on vibes and community—not a product or protocol.
- Pump-and-Dump Potential: Like all meme coins, price action can be manipulated by whales or group hype.
- Liquidity Risks: If there isn’t enough liquidity, large trades can move the price a lot, leading to slippage.
- Regulatory Scrutiny: Meme coins are sometimes targets for regulatory action if they become too prominent or are found to be fraudulent.
Always do your own research and never invest more than you can afford to lose.
Comparison: DNUT vs. Other Solana Meme Coins
- PNUT: Hit a $1B market cap with a Binance listing. DNUT has so far peaked around $1.3M—much smaller, but with more room to grow if hype continues.
- Exchange Listings: DNUT has not been picked up by Tier-1 exchanges like Binance, so its exposure remains limited to DEXs and smaller venues.
- Community Momentum: While PNUT benefited from big influencer shills, DNUT rides smaller-scale, but passionate, meme communities.
Useful Tools for Tracking DNUT
If you want a sharper edge tracking DNUT or other meme tokens, consider using analytics platforms built for degen traders. For example, GMGN.AI offers cross-chain token analytics, risk checks, and real-time wallet insights. Their DNUT token page can help you track liquidity and on-chain performance, but remember, these tools complement—never replace—DYOR (Do Your Own Research).
Final Thoughts
DNUT (Dognut) is a classic Solana meme coin play: community-driven, volatility-fueled, and rooted in crypto humor. It offers high risk and high reward for the bold and the lucky, but carries all the typical meme coin dangers—especially for newcomers. If you’re considering a position, watch the liquidity, follow the community on X, and use on-chain tools to monitor activity. And most importantly, never bet what you can’t afford to lose.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Crypto is risky—stay safe out there and always double-check your sources!
