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Exploring BOLT Token on Solana: A Deep Dive into the Meme Coin and SpaceBOLT Project

Exploring BOLT Token on Solana: A Deep Dive into the Meme Coin and SpaceBOLT Project

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The BOLT token, found on the Solana blockchain with the address raui3m1foDJZkhMLkhJsVyymWwGEtuuZvNKtwbJbonk, is one of the many assets popping up in the fast-paced crypto world. This report dives into what we know about this specific BOLT token, its connection to a project called SpaceBOLT, its status as a meme coin, and the things you should watch out for. It's worth noting that there are other tokens called "BOLT" on different blockchains like Zilliqa, but this focuses solely on the Solana version identified by the specific address.

Unpacking the BOLT Token on Solana

Let's get into the nitty-gritty of the BOLT token itself. Its symbol is simply BOLT, and its unique identifier on Solana is raui3m1foDJZkhMLkhJsVyymWwGEtuuZvNKtwbJbonk. It operates on the Solana network, which is known for its speed and low transaction costs, making it a popular spot for decentralized applications and tokens.

Checking out the token's history on Solana blockchain explorers like Solscan or Solana Explorer gives us some key details. Data from DEX Screener indicates that the trading pair involving this BOLT token was created around 11 months and 11 days ago (as of May 21, 2025). The circulating supply is reported to be around 978.38 Million tokens, but there's no defined maximum supply. As of mid-May 2025, there were around 141 holders, according to information seen on platforms like Phantom. However, another source suggests approximately 438 holders. This discrepancy can happen depending on how different platforms count unique addresses or the exact time the data was pulled.

When it comes to trading, this BOLT token is primarily seen paired with SOL on decentralized exchanges (DEXs) on Solana, such as Raydium and Orca. Trading volume can fluctuate wildly for tokens like this. Recent data suggests a 24-hour trading volume around $17,622.57 USD, with a live price of approximately $0.000587 USD (CoinMarketCap). Interestingly, another source reported a price closer to $0.091244 USD with $0 trading volume and extremely low liquidity ($0.02), which might point to data delays or reporting issues on certain platforms (CoinMarketCap DEXscan). The reported market capitalization is around $2.13M. The conflicting data, especially the zero trading volume and extremely low liquidity report, is a significant red flag, suggesting limited market depth.

Project Overview: SpaceBOLT and the Meme Angle

The BOLT token is linked to a project called SpaceBOLT, which aims to be a decentralized finance (DeFi) platform on Solana. According to social media mentions, SpaceBOLT promises "lightning-fast transactions, ultra-low fees, and innovative yield opportunities" to make DeFi easier for everyone. The team behind SpaceBOLT claims to have prior experience, mentioning a previous project on Binance Smart Chain (BSC) that supposedly hit a $12.5M market cap.

SpaceBOLT held a presale in March 2025, offering BONK tokens for SOL contributions. Participants received a significant number of BOLT tokens per SOL, plus a bonus.

It's quite clear, though, that the BOLT token also leans heavily into the meme coin trend. One description associates it with a "dog in the blockchain world" based on an original design by Matt Furie, positioning BOLT as the "ultimate alpha." DEX Screener mentions a connection to a "scarce store of value" and the "Wiener Doge Pack on Telegram," further cementing its ties to a meme community. The comparison to successful Solana meme coins like Bonk is also prevalent in community discussions.

Community Buzz and Concerns

Community sentiment around BOLT is a mixed bag, often discussed on platforms like Twitter and Telegram. On the positive side, some community members are excited, comparing BOLT to Bonk and hoping it will follow a similar trajectory. The presale and the team's alleged past success generated initial interest.

However, there's also significant negative sentiment and serious concerns. The token is marked as "unverified" on wallets like Phantom, which is a clear warning sign. Allegations are circulating on social media platforms like X (formerly Twitter) that BOLT might be linked to a scam. Concerns about transparency are high, partly because there isn't a detailed whitepaper or a comprehensive official website beyond social media. There are also worries that the team might hold a very large portion of the tokens, raising fears of centralization and potential "rug pulls" (when developers abandon a project and take the investors' funds). Reports of a key opinion leader (KOL) selling their holdings also caused panic among some investors.

Risks to Consider

Investing in tokens like BOLT comes with substantial risks. The most prominent ones include:

  • Meme Token Volatility: Value is often driven purely by hype and community sentiment, leading to extreme price swings.
  • Low Liquidity: The reported extremely low liquidity means it could be very hard to buy or sell tokens without causing a huge price change (slippage).
  • Lack of Transparency: Limited information about the project, tokenomics (like total supply or distribution), and the team makes it difficult to assess its legitimacy.
  • Scam Allegations & Unverified Status: The "unverified" tag on wallets and community warnings about potential scams require extreme caution.
  • Team Token Holdings: If the team holds a large supply, they could potentially manipulate the market.
  • Smart Contract Security: Without audits or public details, the token's smart contract could have vulnerabilities.

Beyond the token itself, operating on the Solana network, while beneficial for speed, also carries some ecosystem-level risks. Solana has experienced network outages in the past, which can impact trading and access to tokens. There have also been security incidents within the broader Solana ecosystem, though not directly affecting this specific BOLT token's contract itself. Furthermore, the U.S. SEC has suggested that Solana's native token, SOL, might be an unregistered security, a regulatory cloud that could potentially affect other tokens on the network.

Using Tools Like GMGN.AI

For anyone looking to navigate the meme token space, including tokens like BOLT, platforms designed for tracking and analysis can be helpful. One such tool is GMGN.AI.

GMGN.AI is built to help users track, analyze, and trade meme tokens across various blockchains like Ethereum, Solana, and more. It offers features like tracking "smart money" wallets (successful traders), providing real-time analytics, and offering security checks to identify potential risks like honeypots before you trade. While it offers automated trading features (which require linking a Telegram account), it's important to understand how these work. GMGN.AI charges a 1% transaction fee but doesn't require a subscription for its premium features.

If you're interested in seeing data specifically for the BOLT token discussed here, you can find a dedicated page for it on GMGN.AI. Tools like this can provide additional insights, but they don't replace the need for your own thorough research and understanding of the risks involved.

Conclusion

The BOLT token on Solana (address: raui3m1foDJZkhMLkhJsVyymWwGEtuuZvNKtwbJbonk) appears to be primarily a meme coin associated with the SpaceBOLT project. While SpaceBOLT aims to be a DeFi platform, concrete details about its utility and technology are scarce. The token has seen some trading activity, but metrics like liquidity are notably low and data can be inconsistent across platforms.

Crucially, the token carries significant risks, including its "unverified" status, community allegations of scams, and a general lack of transparency regarding the project and tokenomics. The inherent volatility of meme tokens, compounded by potential market manipulation risks due to alleged large team holdings, makes this a high-risk asset.

Potential investors should proceed with extreme caution and conduct extensive due diligence (DYOR). Relying solely on social media hype or comparisons to successful meme coins is inadvisable. Tools like GMGN.AI can provide data, but they should be used as part of a broader research strategy.

Disclaimer: This report is for informational purposes only and should not be taken as financial advice. Investing in cryptocurrencies is highly speculative and involves significant risk of loss. Always consult with a qualified financial advisor before making any investment decisions.

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