Hey blockchain enthusiasts! At Meme Insider, we're always digging into the latest meme tokens to keep you in the loop. Today, let's chat about the Domo token buzzing around on the Solana blockchain.

This report gives you the lowdown on Domo – from its basic details and market stats to where you can find it and what risks you should be aware of.

What is Domo Token?

Domo is a token living on the Solana blockchain. Based on its activity and how the community talks about it, it definitely looks like a memecoin. These types of tokens are often more about community buzz and speculative trading than providing complex technical utility, though sometimes utility can be built around them later.

The token symbol is DOMO, and its specific address on Solana is 8DKgjd6zAYuP9fVmMHBBtygPqkJ111LrMCT7tDyPhE55. You can peek at its on-chain data using explorers like Solscan.

It's sometimes playfully referred to as "Dony Montana" by community members, fitting that typical memecoin branding style. Some in the community see this Solana version as the "original" Domo compared to others on different chains.

Wait, Isn't There Another DOMO Token?

Yes, it's super important not to get confused! There's also a token with the symbol DOMO that's a BRC-20 memecoin on the Bitcoin blockchain. That one has a fixed maximum supply of 21,000,000. The one we're talking about here is specifically on Solana and has a different address and characteristics.

Market Snapshot

Let's look at some numbers for the Solana Domo token, keeping in mind that memecoin data can change lightning fast and might look slightly different depending on where you check.

• Price: Around $0.00007081 as of May 30, 2025 (data from GeckoTerminal). Prices vary, with some sources citing approximately $0.00008233 around May 26-28, 2025. The price saw a significant drop (around 40.58%) in the 24 hours leading up to May 30, 2025.
• Market Cap: Roughly $218.92K–$226.48K as of May 30, 2025 (based on posts on X), though data around May 26-28, 2025, suggested approximately $81K. Back in March 2024, it reportedly hit a $500K market cap, showing how volatile its history is.
• Circulating Supply: Approximately 999.99 Million tokens (as of May 19, 2025, according to Phantom). Some sources show 999.83 Million around May 26-28, 2025.
• Maximum Supply: There is no maximum supply cap for this Domo token on Solana, according to Phantom. This is different from the Bitcoin DOMO and is an important factor to consider.
• 24h Trading Volume: Around $305.98K on PumpSwap as of May 30, 2025, with over 3,200 transactions. Older data (May 26-28, 2025) showed volume around $56K. High volume often indicates active trading but also potential speculation.
• Holders: Approximately 482 holders as of May 30, 2025 (GeckoTerminal). Around May 26-28, 2025, the count was approximately 411. This shows a moderate and seemingly growing community.
• Liquidity Pool: The Domo/SOL pool on PumpSwap had about $31,399.18 in liquidity as of May 30, 2025. This is relatively low and can contribute to price swings.

Where to Trade Domo

You can trade the Domo token on various platforms within the Solana ecosystem, especially decentralized exchanges (DEXs). Popular spots include:

• PumpSwap (seems to have significant activity)
• Raydium
• Jupiter (a popular Solana aggregator)
• You can also interact with it via wallets like Phantom and platforms like Maestro Bot, Soul Sniper, and MEXC DEX+.

Security Status and Verification

Understanding the security aspects of a token is crucial, especially with memecoins.

• Mint Authority Disabled? Yes. This is a good sign! It means the original creator can't just create a ton more tokens out of nowhere and dilute the supply. You can check this on explorers or platforms like CoinMarketCap DEXscan.
• Freeze Authority Disabled? Yes. Also positive. This means the creator can't stop you from moving or trading your tokens. Confirmed by sources like CoinMarketCap DEXscan.
• Verification Status: Domo is noted as "unverified" by platforms like CoinMarketCap and CoinGecko, and warnings suggest only interacting with trusted tokens. This lack of official verification means you should definitely be extra careful.
• Security Scans: Scans by services like Go+ and CertiK apparently indicate the token is "Safe" (CoinMarketCap DEXscan). However, remember that scans aren't a guarantee, and manual due diligence is always necessary. DEX Screener audits also didn't report issues, but they also state audits might not be 100% accurate.

Risks to Keep in Mind

Like most memecoins, especially those on fast chains like Solana, Domo comes with significant risks:

• High Volatility: The price can swing wildly. A 40.58% drop in 24 hours (as seen on May 30, 2025) is a clear example. Its history includes massive pumps too, showing it can go up fast but also down fast.
• Low Liquidity: The relatively small liquidity pool ($31,399.18) on PumpSwap means large trades could significantly impact the price, making it potentially easier for 'whales' (large holders) to manipulate.
• Unverified Status: The lack of verification on major platforms is a red flag. It means there's less information or oversight compared to established projects.
• No Maximum Supply: With no hard cap on the total number of tokens, there's a theoretical possibility of more tokens being introduced, which could dilute the value of existing tokens unless managed by specific mechanisms.
• Memecoin Nature: Its value is heavily tied to social media hype and community sentiment, which is unpredictable and can change rapidly.

Tracking Domo with GMGN.AI

Tools are popping up to help navigate the memecoin world. One mentioned is GMGN.AI. It's designed to track, analyze, and even help trade meme tokens across various chains, including Solana.

Features they offer include:

• Tracking meme tokens across chains like Solana, Ethereum, Base, etc.
• Following "smart money" wallets to see what experienced traders are doing.
• Automating trades (note: this often requires linking accounts, like Telegram via their bot: https://t.me/gmgnaibot?start=i_fV1R5sZ5).
• Performing security checks to spot risks like 'honeypots'.
• Cross-chain trading capabilities.

GMGN.AI mentions a flat 1% transaction fee and no subscription needed for premium features. If you're interested in checking out Domo specifically on their platform, they have a dedicated page: https://gmgn.ai/sol/token/fV1R5sZ5_8DKgjd6zAYuP9fVmMHBBtygPqkJ111LrMCT7tDyPhE55.

Using tools like this can provide real-time data and insights, but they don't eliminate the inherent risks of trading volatile assets like Domo.

Community Buzz

Community sentiment around Domo on platforms like X (formerly Twitter) is mixed. Some users see recent price dips as a good entry point and highlight its listing on various platforms. Others emphasize its status as an "original" Solana memecoin launched via platforms like Pump.fun, differentiating it from newer tokens with similar names on other chains. There are mentions of a Telegram group, which is typical for memecoin communities.

Final Thoughts

The Domo token (8DKgjd6zAYuP9fVmMHBBtygPqkJ111LrMCT7tDyPhE55) is an active memecoin on the Solana blockchain with a moderate community and decent trading volume on DEXs like PumpSwap and Raydium. It benefits from Solana's speed and low costs.

However, its unverified status, relatively low liquidity, lack of a maximum supply, and the general volatility of memecoins mean it's a high-risk asset. Security scans suggest disabled mint/freeze authority, which is good, but caution is still paramount.

Disclaimer: Investing in memecoins like Domo is highly speculative and can lead to significant losses. This report is for informational purposes only and should not be considered financial advice. Always do your own thorough research (DYOR!) and understand the risks before trading or investing, especially with unverified tokens. Make sure you are interacting with the correct token address: 8DKgjd6zAYuP9fVmMHBBtygPqkJ111LrMCT7tDyPhE55.