If you’re curious about meme tokens on Solana, the Hulk token (HULK) is a story of wild swings, celebrity drama, and the crucial need for research before you leap in. Here’s a no-nonsense breakdown to help you make sense of it all.

What Is the Hulk Token on Solana?

The Hulk token, sometimes referred to as Thehulk or HULKAMANIA, is a meme coin on the Solana blockchain using the SPL (Solana Program Library) token standard. You’ll find it at the contract address GfwdXWuVgTeBX6YPz7uhdJKmrYEzuYBwXhRKiH3Jbonk. This token is marketed as a community-driven meme asset, sometimes styled as a “hero” token, playing off popular culture icons, especially Hulk Hogan from professional wrestling.

Heads Up: There are a few HULK-like tokens on Solana with similar names but different addresses, so always double-check which one you’re dealing with before trading.

Market Cap, Supply & Where to Trade

Getting reliable stats on HULK isn’t straightforward—it’s the nature of the meme coin beast! As of late July 2025:

Reported market caps for HULK ranged anywhere from $5.2K to $733K (depending on which tracker you use), and the total supply hovers around 998 million tokens.
On some days, trading volumes spiked wildly—one 24-hour stretch in July 2025 saw HULK swap over $6.9M in trades.
Liquidity can be solid on one day (e.g., $223K across DEXes like Raydium), and almost zero on another—so price can move fast.
You can trade HULK on Solana DEXes like Raydium, or use wallets with built-in swaps like Phantom and Solflare.

The Hulk Hogan Saga: Celebrity Hype & Rug Pulls

HULK’s wildest ride came in June 2024, when legendary wrestler Hulk Hogan’s official X (formerly Twitter) account started shilling a HULK meme coin on Solana. This instantly pumped the token’s price and pushed its market cap as high as $19 million. But within minutes, the posts vanished, Hogan said he’d been hacked, and the price collapsed (reportedly from $17M to $2M in a flash). Some community members tried to “take over” the project, but the drama left a bitter aftertaste—classic meme coin “pump and dump.”

It’s worth noting that the specific HULK token at GfwdXWuVgTeBX6YPz7uhdJKmrYEzuYBwXhRKiH3Jbonk is not guaranteed to be the same as the one caught up in the original Hogan incident. There are multiple Hulk-related tokens floating around Solana, each with their own contract address.

Community Buzz & Trust Issues

On social media (especially X), HULK tokens spark a lot of debate. Some folks champion them as tributes or quick-flip opportunities. Others warn of scams, market manipulation, volume bots, and shady devs. The main takeaway: meme tokens—especially ones riding on the name of a celebrity—are high-risk.

Some wallets and DEXs (like Phantom) may flag these tokens as “unverified,” so always double check before interacting.
Projects with verified status in Solana’s token registry have had their contract details confirmed, but that doesn’t mean they’re safe investments.

Tech & Security Basics

Blockchain speed: Solana’s fast and cheap—up to 65,000 transactions per second, and fees are fractions of a cent.
Meme coin volatility: These tokens aren’t about deep technology or roadmaps. They often exist for hype and community, which means price swings (and risk) can be extreme.
Audit status: There’s no evidence of a full audit or transparent developer team for this HULK token, which is a major caution flag.
Liquidity risk: If trading dries up, it’s easy for prices to be manipulated—some HULK tokens have had less than $1 in DEX liquidity at times.

Biggest Risks to Watch

Scams & Manipulation: Social channels are full of warnings about bot-driven pumps and rug pulls.
Celebrity Confusion: Just because a token is named after a famous person, doesn’t mean they’re involved. The Hulk Hogan incident shows how quickly things can go south.
Low Liquidity: Makes it hard to exit a position or even know the “true” price.
Lack of Transparency: Without a whitepaper or official site, there’s little to verify about the project.

Tips for Staying Safe

Check the contract: Use Solscan to verify what you’re trading.
Use reputable wallets: Phantom or Solflare let you manage Solana tokens securely.
Monitor sentiment: Keep an eye on Telegram, Discord, and X—but take everything with a pinch of salt.
Never risk more than you can afford to lose: Meme tokens are a lottery, not an investment strategy.

Discovering and Tracking HULK

If you want to track Hulk token data and trends in real time, tools like Solscan are helpful for checking on-chain activity. Meme token specialist platforms—such as GMGN.AI—offer additional analytics, smart money tracking, and real-time alerts. These platforms can help you spot liquidity shifts, wallet movements, and overall market health.

The Bottom Line

The Hulk token on Solana is meme coin speculation at its purest. While the allure of big gains and celebrity drama is strong, the risk is just as real. Make sure you double-check token addresses, watch out for low liquidity, and treat any new meme coin with a healthy dose of skepticism.

Disclaimer: This content is for informational purposes only. Cryptocurrency investments, especially meme tokens, are highly risky. Do your own research, verify contract details, and never invest more than you can afford to lose.