Meme Insider
If you're exploring meme tokens on Solana, the DOBO token—also known as DogeBonk—stands out as a community-driven crypto asset that rides the wave of internet culture and social media hype. Let’s break down what makes DOBO unique on the Solana chain, its origins, trading mechanics, and the key factors you need to know before interacting with it.
What Is DOBO (DogeBonk) on Solana?
DogeBonk (DOBO) is a meme token living on the Solana blockchain (address: 2X9Vx5hUiHPD1ZbjmnhshGAnVYhcs5875j2B7c6Gpump). While it shares its name with the more well-known DogeBonk token on Binance Smart Chain (BSC), the Solana version is a separate project. It doesn’t offer complex utilities or tech innovation but centers on community engagement and fun.
The project thrives on humor, a sense of belonging, and the viral power of memes. Like most meme tokens, its price and popularity heavily depend on the community's enthusiasm and online buzz. On Solana, DOBO enjoys fast transaction speeds and low fees, making it easy for holders to trade frequently or send small amounts.
History and Community-Driven Nature
DOBO first found popularity on BSC but later launched on Solana as the “original bonk token and first meme in space.” Notably, the Solana DOBO token experienced a community takeover after the original developer departed. Since December 2023, the Solana DOBO community has taken charge of the project, emphasizing its decentralized and collective spirit.
Tokenomics and Core Data
- Total Supply: ~999.81 million DOBO tokens
- Market Cap: Around $7,400 (as of latest data; highly volatile)
- Circulating Supply: ~999.77 million
- Trading Volume (24h): Often very low ($0–$239K, varies widely)
- Liquidity Pool on Raydium: ~$7,230
- Mint and Freeze Authority: Both are disabled—meaning no more tokens can be created or accounts frozen, which helps build trust.
- No Buy/Sell Taxes: Unlike BSC DogeBonk, which takes a cut of every trade, the Solana DOBO has no extra transaction taxes.
DOBO isn’t currently verified on CoinMarketCap or Solana’s registry, so always triple-check token addresses before transacting.
Trading DOBO: Where and How
You can buy, sell, or swap DOBO primarily via the decentralized exchange Raydium, trading against pairs like SOL or USDC. For added convenience, wallets such as Solflare and Phantom allow direct swaps once you import the DOBO token address.
To add DOBO to your Solana wallet:
- Open Phantom, Solflare, or a compatible wallet.
- Find the option to add a custom token.
- Paste the address:
2X9Vx5hUiHPD1ZbjmnhshGAnVYhcs5875j2B7c6Gpump. - Make sure to have some SOL for network fees and to make your token account rent-exempt.
Security, Transparency, and Verification
DOBO’s contract shows both mint and freeze permissions are disabled, increasing its decentralization and reducing the risk of supply manipulation. A scan by Go+ security showed no major vulnerabilities.
However, since the project is not verified on major platforms and has limited official documentation, extra vigilance is advised. The use of the same ticker (“DOBO”) across different blockchains like Solana and BSC has caused confusion, so always confirm you’re dealing with the intended project.
Comparing DOBO on Solana vs. BSC
| DOBO (Solana) | DogeBonk (BSC) | |
|---|---|---|
| Token Address | 2X9Vx5hUiHPD1ZbjmnhshGAnVYhcs5875j2B7c6Gpump | BSC Contract |
| Total Supply | ~999.81 million | 582.96 trillion |
| Taxes | None | 5% to holders, 5% to liquidity |
| Verification | Unverified | Verified, more transparent |
| Documentation | Limited | Detailed whitepaper and website |
Risks and Things to Watch
- Low Liquidity and Volume: Sometimes there’s little or no trading activity, which can lead to illiquidity or big price swings.
- Unverified Status: Lack of verification means extra risk and less transparency.
- Name Confusion: The shared “DOBO” ticker is used by unrelated projects on other chains.
- Scarce Documentation: No official website or whitepaper for the Solana DOBO.
- Volatility: As a meme token, its price can move sharply based on community mood and online trends.
Technical Details at a Glance
- DOBO is an SPL (Solana Program Library) token, the standard for fungible assets on Solana.
- You'll need an associated token account (a type of wallet address on Solana) to receive or trade DOBO.
- The primary pair for trading is DOBO/SOL on Raydium.
Practical Steps: Interacting with DOBO
- Add to Wallet: Use Phantom or Solflare and input the custom token address.
- Trading: Go to Raydium, connect your wallet, and swap SOL or USDC for DOBO.
- Double-Check Address: Only interact with DOBO at
2X9Vx5hUiHPD1ZbjmnhshGAnVYhcs5875j2B7c6Gpump. - Monitor Liquidity: Since volume is often low, be wary of large purchases or sales.
For Advanced Meme Token Tracking:
If you want deeper analytics, automated trading, or advanced alerts for meme tokens like DOBO, platforms such as GMGN.AI provide real-time tracking, smart money flows, and extra trading tools. You can explore DOBO’s performance on GMGN.AI here.
Bottom Line
The Solana-based DOBO token is an example of the evolving meme coin landscape—heavy on community and culture, but light on traditional fundamentals. If you decide to get involved, stay informed, double-check token addresses, and be extra careful, as meme tokens are some of the most unpredictable assets in crypto.
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