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Groyper ($GROYPER) on Solana: Understanding the Meme Token's Background, Risks, and Market Performance

Groyper ($GROYPER) on Solana: Understanding the Meme Token's Background, Risks, and Market Performance

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Hey crypto enthusiasts! Let's take a look at the Groyper token on the Solana blockchain. Identified by the symbol GROYPER and contract address AjgSvYmJLhvt3FteiyTqQf8XBj1SVs6T6AmSUfkHpump, this token falls squarely into the meme coin category. It draws its inspiration from the internet character known as "Groyper."

This report is here to give you a solid overview, covering the token's details, how it's doing in the market, where it came from culturally, and, very importantly, the potential risks involved.

Token Details

So, here are the basic facts about the Groyper token:

  • Token Symbol: GROYPER
  • Token Address: AjgSvYmJLhvt3FteiyTqQf8XBj1SVs6T6AmSUfkHpump
  • Network: Solana (which is known for being speedy and having lower transaction costs compared to some other networks)
  • Circulating Supply: Reports from April and May 2025 show the circulating supply hovering around 999.2M to 999.96M tokens.
  • Maximum Supply: Interestingly, there's no defined maximum supply. This means new tokens can be created over time, which is something to keep in mind regarding potential inflation.

You can find and trade GROYPER on various platforms, primarily decentralized exchanges (DEXs) on Solana. Some places it's been seen include Phantom, FluxBeam, Raydium, OKX Web3, PumpSwap, Jupiter, Maestro Bot, Soul Sniper, and MEXC DEX+.

Market Performance

The Groyper token has shown quite a bit of volatility. In April 2025, its market capitalization was relatively small, around $3.12K to $3.49K. Fast forward to early-mid May 2025, and reports show market caps varying from $3.49K to $5.54K. Upon its launch on May 18, 2025, via PumpSwap, it reportedly hit a market cap of $265,000 pretty quickly.

However, market data from May 18, 2025, shows a significant price drop, with the price around $0.000006002 on PumpSwap, reflecting an 85.85% decline in the prior 24 hours from an earlier high. The fully diluted valuation (FDV) was reported around $6,002.22, and the liquidity pool on PumpSwap was about $8,266.05. The 24-hour trading volume on PumpSwap was noted to be around $395,860 with over 8,000 transactions.

These figures highlight the highly speculative and volatile nature typical of low market cap meme coins.

Origin and Theme

The heart of the Groyper token is the "Groyper" meme. This character is often depicted as a green, frog-like figure, similar to Pepe the Frog, but originating from 4chan's /r9k/ board and often seen as a smug or trolling counterpart to Pepe.

The token's branding leans into this, with the project's website, groyper.army, describing Groypers as "the internet’s most dedicated shitposters" aiming to make the online world "a funnier place." They even playfully position Groyper as "Pepe’s cooler cousin." The theme also touches on historical frog symbolism.

It's crucial to be aware that the Groyper meme has become associated with alt-right and white nationalist online communities. This association is a significant part of the token's background and carries substantial implications, which we'll discuss further in the risks section.

Technical Aspects

The Groyper token lives on the Solana blockchain at contract address AjgSvYmJLhvt3FteiyTqQf8XBj1SVs6T6AmSUfkHpump. To trade it, you'd typically connect a Solana-compatible wallet like Solflare to a DEX like Jupiter and use the contract address to find the trading pair.

Regarding security features, according to some scans (like Go+ reported via CoinMarketCap), the token has mint authority disabled and freeze authority disabled. This means the creators likely can't just create unlimited new tokens or freeze people's accounts. However, the token is widely reported as "unverified" on platforms like Phantom and CoinMarketCap, which requires caution.

Information about Groyper's tokenomics (how the supply is managed beyond just the 'no max supply' aspect) is limited. Mentions of a 7% burn are noted in reports but seem to refer to activity on other chains (Ethereum, Base), not necessarily Solana. Like many meme coins, its value is likely driven more by hype and community sentiment than traditional utility.

Community Snapshot

As of mid-May 2025, Groyper had a relatively small community, with around 195 holders reported on PumpSwap. The community appears active on platforms like X, with some users expressing positive sentiment, calling it a "hidden gem" and comparing its low market cap favourably to larger meme coins like Pepe, suggesting potential for growth. Earlier posts from late 2024 mentioned a strong community and a track record on other chains.

However, the small holder count and low liquidity mean the community is still in its early stages and highly susceptible to market swings and sentiment shifts.

Risks and Considerations

Interacting with the Groyper token comes with significant risks that any potential holder should be fully aware of:

  • High Volatility and Speculation: As shown by the drastic price drops, GROYPER is extremely volatile. Meme coins are primarily speculative assets, and prices can change dramatically based on hype, social media trends, or sudden dumps. There's a high risk of significant financial loss.
  • Unverified Status: Multiple reputable platforms list the token as "unverified." This often means the contract hasn't been audited, the team behind it isn't publicly known or vetted, and there's a higher inherent risk of scams, rugs, or vulnerabilities compared to verified tokens. Always exercise extreme caution with unverified assets.
  • No Maximum Supply: The lack of a hard cap on the total supply means the token could theoretically be subject to inflationary pressures if more tokens are minted, potentially diluting the value of existing tokens.
  • Cultural Controversy: This is arguably the most significant non-market risk. The name and theme are directly associated with the "Groyper" meme, which is used by alt-right and white nationalist movements. This links the token to potentially harmful ideologies. Investing in or interacting with such a token could expose you to this controversial space and raises ethical concerns. Ethereum co-founder Vitalik Buterin has criticized meme coins linked to dictatorships and racist themes, advocating for higher-quality projects.
  • Low Liquidity: While volume can be high, the liquidity pool size ($8k range) is relatively small. This makes it easier for large trades to cause significant price swings (slippage) and increases the risk of market manipulation.

Trading Tools

For those interested in tracking or trading meme tokens on Solana, platforms like GMGN.AI offer specialized tools. GMGN.AI allows users to track tokens across various blockchains, analyze smart money activity, and offers features like security checks to help identify risks. You can find information specifically on the Groyper token on GMGN.AI via this link: https://gmgn.ai/sol/token/fV1R5sZ5_AjgSvYmJLhvt3FteiyTqQf8XBj1SVs6T6AmSUfkHpump. Keep in mind that platforms like these often have their own fees (GMGN.AI mentions a 1% transaction fee).

Conclusion

The Groyper token ($GROYPER) on the Solana blockchain is a meme coin that recently launched, leveraging internet culture tied to the Groyper meme. While it has seen early market activity and generated some community buzz, it comes bundled with significant risks. Its unverified status, extreme price volatility, low liquidity, and particularly its strong association with controversial and potentially harmful ideologies linked to alt-right movements, make it a high-risk asset.

Anyone considering buying, trading, or even simply interacting with the Groyper token should proceed with extreme caution. Do your own thorough research, understand the cultural baggage associated with the meme, and only engage with funds you are fully prepared to lose. The meme coin market is inherently speculative, and tokens tied to controversial themes add another layer of complexity and risk.

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