Hey there, let's take a look at a specific token lurking on the Solana blockchain with the address 8GV8sDWoFT9ZrrNZGZCHtD3CSoCFKocwfcb9SGYa8c7x
. If you're deep-diving into the world of meme tokens or just keeping tabs on new assets, understanding these specific tokens is key.
Based on what we've found from explorers like Solscan, this token goes by the name "BUILD WITH BELIEVE". However, interestingly, some sources note it doesn't have a widely recognized ticker symbol, which can make tracking it a bit trickier compared to tokens like $PASTERNARK or $NOODLE that get mentioned alongside it.
What We Know About Its Tech Specs
Checking out the details on Solscan, here are the basic facts as of May 13, 2025:
- Token Address:
8GV8sDWoFT9ZrrNZGZCHtD3CSoCFKocwfcb9SGYa8c7x
- Token Name: BUILD WITH BELIEVE
- Decimals: 9 (pretty standard for many tokens)
- Authority:
7fYTAJ...Y5Vrk4
- Creator:
5qWya6...ohEGXE
- First Mint Date: April 25, 2025 23:23:36 +UTC (relatively new!)
- Token Extensions: False
- Current Supply: 999,993,903.39
The fact that it was minted recently suggests it's a relatively new player in the Solana ecosystem. Solana, if you're not familiar, is a popular layer-1 blockchain known for its speed and low transaction costs – a common playground for meme tokens. Solscan is your go-to blockchain explorer for Solana, helping you peek into tokens, transactions, and addresses.
Trading Status and Market Glimpses
You can find this token trading on Decentralized Exchanges (DEXs). Aggregators like Matcha, which pulls liquidity from various Solana DEXs (likely including Raydium or Orca), show it has a liquidity score, confirming its tradeability.
Looking at platforms focused on meme tokens, like GMGN.AI, we see its price is around $0.00038224
. Like many new or low-cap tokens, its price can be pretty volatile. GMGN.AI data shows significant recent price swings, including a large 24-hour gain, which isn't uncommon for meme coins trying to gain traction.
Speaking of market size, estimates place its market cap quite low, around $120,000. This is considerably smaller than other tokens sometimes mentioned in the same breath. A low market cap usually means lower liquidity and potentially higher price swings with even small trading volumes.
Project, Purpose, and Community
Here's where things get a bit murky. There's no clear official website, whitepaper, or detailed project information publicly available for "BUILD WITH BELIEVE". It's been referred to as a "founding engineer coin" in some corners of the internet, which hints it might be linked to a developer or be a community-led effort, possibly in the meme coin space.
Community presence seems minimal right now. Unlike many Solana tokens that have active Telegram groups or bustling X (formerly Twitter) feeds, there isn't a widely identified dedicated community for this specific token based on our research.
Navigating Risks
Given the lack of transparency – no clear team, no detailed roadmap, a very low market cap, and minimal community – this token carries significant risks. It fits the profile of highly speculative assets, including the potential for price manipulation or even being an abandoned project or scam.
It's crucial for anyone looking into "BUILD WITH BELIEVE" to do their homework. Check details on Solscan regarding token authority (is minting authority renounced? is liquidity locked?). Tools like GMGN.AI can offer insights into trading patterns and some security checks, specializing in the meme token market.
GMGN.AI itself is a platform designed specifically for navigating the fast-paced meme token world, offering features like tracking smart money and real-time analytics across chains like Solana, Ethereum, Base, and more. It charges a 1% transaction fee but doesn't require subscriptions. For tracking this specific token, GMGN.AI's dedicated page is a useful resource.
In Conclusion
The Solana token at address 8GV8sDWoFT9ZrrNZGZCHtD3CSoCFKocwfcb9SGYa8c7x
, known as "BUILD WITH BELIEVE," is a recently minted asset on the Solana blockchain. While it's tradeable on DEXs and listed on platforms like GMGN.AI, its very low market cap, lack of a clear symbol, minimal community presence, and absence of detailed project information mean it falls firmly into the high-risk, speculative category. Approach with extreme caution and always verify details on explorers like Solscan before making any decisions.