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LOL Token on Solana: Meme Coin Fun, Risks, and How to Trade

LOL Token on Solana: Meme Coin Fun, Risks, and How to Trade

Editor's Pick: Check lol's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

Alright folks, let's dive into the wild world of meme coins on Solana, specifically taking a look at the token simply known as LOL. Operating on Solana's high-speed, low-cost blockchain, LOL is pitched as a humorous, community-driven project aiming to bring some laughs into your portfolio. But, as with many meme coins, there's more than just giggles involved – there are significant risks to understand.

What is the LOL Token?

At its core, the LOL token is an SPL (Solana Program Library) token, which is Solana's standard for creating tokens. It uses the symbol LOL (sometimes seen as lol).

Now, finding the right LOL token on Solana can be a bit tricky, as there seem to be a couple floating around with the same symbol. Based on recent activity and links, the main LOL token we're focusing on often points to the contract address 367zF2h3FcFFTahssRCe9RbSuD5tVEhz8i71U3aCpump. You can check it out on explorers like Solscan. It's marketed with slogans about a "laughter-based economy" and guaranteeing to "make your portfolio giggle."

Token Details and Launch

Specific details about the token's creation and launch are a bit fuzzy, but activity seems to pick up around late April 2025. Tokens like this are often created using simple tools like the Smithii Solana Token Creator, which lets anyone deploy an SPL token without needing to code.

One crucial thing to look out for with SPL tokens is whether the mint, freeze, and update authorities have been revoked.

  • Mint Authority: Lets someone create more tokens.
  • Freeze Authority: Lets someone freeze tokens in holders' wallets.
  • Update Authority: Allows changing the token's metadata.

Ideally, these authorities should be revoked to ensure the token's parameters are immutable and build investor confidence. Public documentation like a whitepaper or official website for LOL hasn't been easily found, so it's unclear if these authorities are still active. This is a significant point of risk.

Supply details are also a bit inconsistent across reports. One report mentions a circulating supply around 998.41 million and states there's no maximum supply, which means more tokens could potentially be created (if the mint authority isn't revoked).

Market Snapshot and Volatility

The market performance data for LOL is quite... volatile, which is pretty standard for newly launched meme coins.

Recent reports from late April 2025 put its market capitalization (MC) somewhere between $469,826 and $619,600. However, there were earlier reports from April 21, 2025, claiming a much higher MC of $61.7 million. This huge discrepancy could mean a sharp price drop, or perhaps confusion with another token using the same symbol. Either way, it signals extreme volatility.

Trading volume has been reported around $87,197 in a 24-hour period (as of late April 2025), with liquidity pools holding around $70,886. Another report noted a daily volume of $279.45 and liquidity near $111K for LOL/SOL on PumpSwap. The specific price per token is low, typical of meme coins, fluctuating around $0.0008828 on platforms like PumpSwap or $0.0004268 on Raydium (as of April 28, 2025, though these change rapidly). The Fully Diluted Valuation (FDV) on PumpSwap was cited near $882K.

Low liquidity and significant price swings are red flags for potential "pump-and-dump" schemes, where early holders sell off their tokens quickly after a price spike, leaving later buyers with losses.

Community Vibe and Major Warnings

LOL has definitely caught some attention on social media, particularly on X (formerly Twitter). You'll find posts touting it as a fun meme coin ("moonwalks into your wallet while tickling your funny bone") and encouraging investment. There's also an associated Telegram group and an X account (@LOLcto_OnSol).

HOWEVER, there's a significant and very serious warning circulating: LOL has been labeled by some as a "heavily bundled scam." This means the developer allegedly pre-allocated a large number of tokens to themselves or insiders and then sold them ("dumped") on the market, potentially manipulating the price and harming retail investors. The term "bundled" often implies this kind of insider pre-mining and dumping.

The lack of an official website or detailed roadmap, coupled with these scam allegations, is a major red flag. On Solana, where creating tokens is cheap and fast (thanks to platforms like pump.fun), it unfortunately also attracts bad actors looking to make a quick buck.

The Problem of Multiple LOLs

Adding to the confusion, there isn't just one token with the LOL symbol on Solana. Reports mention at least two others:

  • One with the address 43MHfWrZ8PDfzUtaH7cosjZRQk8868cNPzXG4d7hBN1t, described as the "most OG $LOL," with a much lower market cap around $25,000.
  • Another variant with address 8Zt6vFjKgjfqnukpNCuhbTmnTtNKqdNXh4X8EJaW2dYm, which might be the one associated with the earlier, much higher $61.7 million market cap report.

This highlights how critical it is to always verify the contract address before buying or interacting with any token, especially meme coins with common names.

Trading Platforms and Useful Tools

If you're still considering trading LOL (and remember the risks!), you can typically find meme coins like this on decentralized exchanges (DEXs) within the Solana ecosystem. Platforms mentioned include Phantom Wallet, PumpSwap, Raydium, and potentially other DEXs like DexLab. Some platforms might list the token as "unverified," which is another caution flag.

Speaking of tools, a platform like GMGN.AI is designed specifically for tracking and analyzing meme tokens across chains, including Solana. It offers features like smart money tracking (seeing what big investors are doing), real-time analytics, and security checks to help identify risks like honeypots or high taxes before you trade. You can find details specifically on the LOL token (367zF2h3FcFFTahssRCe9RbSuD5tVEhz8i71U3aCpump) on their platform here: https://gmgn.ai/sol/token/fV1R5sZ5_367zF2h3FcFFTahssRCe9RbSuD5tVEhz8i71U3aCpump. Tools like this can provide valuable real-time insights in the fast-moving meme coin market. GMGN.AI charges a flat 1% transaction fee for trades executed through their platform.

Navigating the Risks

Beyond the scam allegations, there are other risks inherent to LOL and similar tokens on Solana:

  • Market Volatility: As seen with the fluctuating market cap, meme coins are extremely volatile. Prices can skyrocket or crash in minutes.
  • Regulatory Risks: While meme coins might seem frivolous, the regulatory landscape for crypto is evolving. The SEC has even alleged that certain tokens on Solana could be considered securities, which could lead to broader actions impacting the ecosystem.
  • Technical Risks: Solana's blockchain, despite its speed, has experienced multiple outages in the past. While the network has seen upgrades, instability could still affect trading or access to tokens.

Conclusion: Proceed with Extreme Caution

The LOL token on Solana (specifically 367zF2h3FcFFTahssRCe9RbSuD5tVEhz8i71U3aCpump) is a recent meme coin playing on humor and community engagement. While it benefits from Solana's efficient infrastructure, it faces significant hurdles, most notably serious scam allegations involving potential developer dumping, a lack of transparency, and high market volatility. The existence of multiple tokens using the same symbol adds another layer of complexity and risk for investors.

Given these red flags, LOL is firmly in the category of high-risk, highly speculative assets. Its future depends almost entirely on community hype and marketing, as it appears to lack fundamental utility.

If you're considering interacting with this token, here are some key takeaways:

  • Verify the Address: Always, always, ALWAYS double-check that you are dealing with the correct contract address: 367zF2h3FcFFTahssRCe9RbSuD5tVEhz8i71U3aCpump. Use reliable explorers like Solscan.
  • Check Authorities: If possible, use tools (like those mentioned for Smithii) to see if the mint, freeze, or update authorities for the token address have been revoked. If they haven't, the risk of manipulation is significantly higher.
  • Assume It's a Scam Until Proven Otherwise: Treat the scam warnings seriously. Do not invest more than you are prepared to lose entirely. This isn't financial advice, but common sense in the face of such allegations.
  • Monitor Community, But Critically: Follow social media (@LOLcto_OnSol, Telegram) for updates, but be skeptical of hype and unverified claims.
  • Use Reputable Platforms: If trading, stick to well-known DEXs like Raydium and secure wallets like Phantom. Consider using tools like GMGN.AI for enhanced tracking and risk checks, but understand their own fee structure.
  • Avoid FOMO: Don't let fear of missing out drive your decisions. Volatile meme coins can lead to quick losses just as easily as gains.

Investigate thoroughly and proceed with extreme caution.

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