Alright, let's take a look at a specific token making waves on the Solana blockchain, identified by the symbol "8647". Like many tokens in the fast-paced crypto world, it goes by a couple of different names depending on where you look, and it definitely falls into the meme coin category.
What is the 8647 Token?
The 8647 token lives on the Solana blockchain, which is known for its speed and low transaction costs. Its unique identifier, or contract address, is EDK5DsvHAK6qLC5uZNfRWqhySdGBaipHeYSRqazSpump
.
Interestingly, this token is referred to by different names. On platforms like Pump.fun, it's listed as "TRUMP ASSASSINATION COIN". On GeckoTerminal and in various posts on X (formerly Twitter), it's more commonly known as "JUSTICE FOR TRUMP". The latter name clearly suggests a political theme, likely tying into sentiment around former U.S. President Donald Trump. This political branding is typical of meme tokens created to tap into cultural or political buzz.
Solana and SPL Tokens Explained
Since 8647 is on Solana, it's an SPL (Solana Program Library) Token. Think of SPL as Solana's version of Ethereum's ERC-20 standard for creating tokens.
Solana itself is a high-performance blockchain platform launched in March 2020. It uses a mix of technologies, including Proof of History (PoH) and Proof of Stake (PoS), to handle lots of transactions quickly and cheaply. This makes it a popular choice for launching meme coins, which often see rapid, high-volume trading.
On Solana, each unique token (like 8647) is represented by a Mint Account which holds global info like the total supply and how many decimal places the token has. Individual holdings are tracked in Token Accounts.
Market Snapshot
As of mid-May 2025, the market capitalization for 8647 has varied significantly across reports, ranging from roughly $450.87K to $902.76K according to posts on X. This kind of range highlights the extreme volatility typical of low market cap meme tokens.
Back in March 2025, trading activity on Pump.fun showed buy and sell volumes hovering around $9.6K each, with a nearly equal number of buyers and sellers (130 buyers, 129 sellers). More recent data from GeckoTerminal showed the price around $0.0002506 with a positive 24-hour change of +14.4% around March 22-23, 2025.
The token is primarily traded on Solana-based decentralized exchanges (DEXs), likely including Raydium, Jupiter, and Pump.fun. The low market cap suggests limited liquidity, meaning large buy or sell orders can cause significant price swings.
Community sentiment, at least based on one source from March 2025, seemed split, with 50% viewing it positively and 50% negatively. Posts on X in May 2025, however, showed more bullish sentiment, with users speculating on potential massive growth (like reaching a $100M market cap) – common rhetoric in meme coin communities driven by hype.
Technical Notes and Risks
As an SPL token, 8647 benefits from Solana's technical capabilities: fast transaction speeds (up to 65,000 transactions per second) and very low fees (fractions of a cent). This makes trading efficient.
However, there are significant risks to consider:
- Lack of Transparency: There's no official whitepaper, project website, or clear information about the development team. This lack of transparency is common for meme tokens but increases the risk of the project being abandoned (rug pull).
- Unaudited Contract: No security audits were found for the contract (
EDK5DsvHAK6qLC5uZNfRWqhySdGBaipHeYSRqazSpump
). Malicious code could potentially be hidden within the contract. Checking the contract details on explorers like Solscan for locked liquidity or burned tokens is crucial. - Competing Token: Adding to the confusion, some users mention an "OG version" of an 8647 token on Solana with a different contract address:
GswPoWF9zTH8L6tidJpRYNon5mwjiS1HEjMW7Tx6pump
. The existence of multiple tokens using the same symbol can confuse investors and dilute value. - Highly Speculative: The token's value seems driven purely by hype and speculation rather than any fundamental utility. This makes it susceptible to sudden, sharp price drops.
- Regulatory Scrutiny: Politically themed tokens could potentially attract attention from regulators.
Tracking Meme Tokens with GMGN.AI
Navigating the volatile world of meme tokens like 8647 can be challenging. Platforms like GMGN.AI are designed to help traders track, analyze, and trade these assets across blockchains like Solana, Ethereum, and others.
GMGN.AI offers features like:
- Real-time analytics: Stay updated on price and trends.
- Smart money tracking: See what successful wallets are doing.
- Security checks: Identify potential risks like honeypots before trading.
If you're interested in exploring 8647 further using such tools, GMGN.AI has a dedicated page for the token here.
Conclusion
The 8647 token on Solana, known by names like JUSTICE FOR TRUMP and TRUMP ASSASSINATION COIN, is a highly speculative meme asset. While it benefits from Solana's efficient network, it comes with significant risks typical of low-transparency, hype-driven projects, including extreme volatility, potential for rug pulls, and the confusion caused by a potentially competing token using the same symbol.
Investors should exercise extreme caution and conduct thorough research before considering any investment in such tokens. Tools like blockchain explorers (Solscan) and trading platforms (Raydium, Jupiter, GMGN.AI) can provide data, but they don't eliminate the inherent risks.
Disclaimer: This report is for informational purposes only. Cryptocurrency investments, especially in meme tokens, are highly volatile and speculative. This is not financial advice. Always conduct thorough research and consult with a financial advisor before making any investment decisions. The names associated with this token may be considered offensive by some, and this report does not endorse or support any harmful or malicious intent.