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MACHO (Right-Hook Dog) on Solana: Token Address, How to Trade, Tokenomics, and Risks

MACHO (Right-Hook Dog) on Solana: Token Address, How to Trade, Tokenomics, and Risks

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

TL;DR

  • MACHO (Right-Hook Dog) is a dog-themed meme coin on Solana, launched via Pump.fun.
  • Official token address (verify before trading): GJZJsDnJaqGuGxgARRYNhzBWEzfST4sngHKLP2nppump.
  • Supply is broadly reported around 1B; circulating supply typically near total.
  • Highly volatile: historical data shows big swings in market cap, volume, and price.
  • Traded on Solana DEXs like Raydium and Jupiter; you can also track/trade via GMGN.AI.
  • Verification status varies by wallet: “unverified” on Phantom vs “verified” per Solana’s token registry in Solflare.
  • A community takeover (June 25, 2024) revived the project after initial dev abandonment.

What is MACHO?

MACHO—also known as “Right-Hook Dog”—is a meme coin on the Solana blockchain. Meme coins typically don’t promise deep utility; instead, they thrive on community energy, viral memes, and speculative trading. MACHO was created on Pump.fun, a launchpad that makes spinning up tokens cheap and fast, which helped drive the early hype cycle.

Solana itself is a fast, low-fee Layer 1 that combines Proof of Stake (PoS) with Proof of History (a cryptographic clock) to process transactions efficiently—ideal conditions for rapid-fire meme coin trading.

Token Essentials

  • Symbol: MACHO
  • Primary token address: GJZJsDnJaqGuGxgARRYNhzBWEzfST4sngHKLP2nppump
  • Network: Solana
  • Origin: Pump.fun launch (“Right-Hook Dog” meme)
  • All-time high (ATH): $0.0038 on June 10, 2024
  • Holders (historical range across sources): roughly a few dozen to 2,300+

Important: Some historical references (June 2024) also show a MACHO on Solana at a different address: 8zFovnzXzK9JDiftGaw7wiRxARrRtvm9Lz12vJ8CZ5ZA. This may indicate a separate token with the same name or a past migration. Always trade using the address you intend.

Tokenomics at a Glance

  • Total supply: Commonly reported near 1,000,000,000 (1B) MACHO
  • Circulating supply: Often very close to total supply (though some data sources have shown anomalies)
  • FDV/Market cap: Highly variable by source and time; at points, data showed ~$838K FDV and market cap, while other snapshots cited $13K–$160K market cap ranges

Why the differences? Meme coins move fast. Liquidity shifts, price spikes, and data indexing delays — especially across multiple DEX pairs — can produce short-lived discrepancies. Treat any figure as a timestamped snapshot, not a guarantee.

Market Performance and Volatility

MACHO has displayed classic meme coin behavior:

  • Rapid swings: Historic 24-hour gains in the 700%–900% range during hype windows
  • Big volume bursts: At one point, ~29,000 trades and multi-million-dollar 24h volume on Solana DEXs
  • Quieter periods: Later snapshots showed far lower volumes (often in the double or triple digits)

Translation: timing and liquidity matter. Always check real-time order books, spreads, and slippage before committing capital.

Useful data sources:

Where and How to Trade MACHO

MACHO is a DEX-first token on Solana. Popular options include:

Wallets commonly used in the Solana ecosystem:

Note: As of the latest reports, MACHO was not listed for direct trading on major centralized exchanges like Coinbase or Binance.

Step-by-step basics:

  1. Install a Solana wallet (Phantom or Solflare) and fund it with SOL for gas.
  2. Verify the contract address: GJZJsDnJaqGuGxgARRYNhzBWEzfST4sngHKLP2nppump.
  3. Use Jupiter or Raydium to swap SOL for MACHO, or go via GMGN.AI’s MACHO page to track liquidity and trades.
  4. Set a conservative slippage and check price impact before confirming.
  5. After buying, verify the token in your wallet and consider how you’ll monitor or manage risk.

Verification Status and Safety Notes

  • Phantom: Marks MACHO as “unverified” with a caution banner (“Only interact with tokens you trust”).
  • Solflare: Indicates the token is verified according to Solana’s token registry.

Why the mismatch? Wallets apply different verification lists and heuristics. Treat registry “verification” as a minimal check, not an audit.

Basic safety checklist:

  • Confirm the exact token address on Solscan.
  • Inspect top holders and liquidity pools (look for locked LP or renounced permissions when possible).
  • Be wary of thin liquidity and sudden, outsized candles.
  • Avoid trading on untrusted links; navigate directly to known DEX URLs.

Community and History

On June 25, 2024, MACHO’s community announced a takeover after the initial developer allegedly abandoned the project. Community revivals are common in meme coin culture and can extend a token’s lifespan if momentum persists. Early social stats (June 2024) pointed to >6,000 followers on X/Twitter and ~3,141 in Telegram—typical hubs for coordination, memes, and updates.

Risks You Should Consider

General meme coin risks:

  • Extreme volatility: Intra-day moves >100% are not rare.
  • Low or shifting liquidity: Large orders can move price sharply.
  • Little to no intrinsic utility: Price often rides on sentiment.
  • Rug-pull ecosystem risk: Meme launches can be exploited by bad actors.
  • Insider trading and concentration: Watch top wallets and fresh inflows.

Solana-specific risks:

  • Occasional network outages in past years can disrupt trading.
  • Regulatory uncertainty can affect liquidity and listings.

Platform dynamics:

  • Pump.fun has supercharged meme launches. While it lowers barriers, it also attracts spammy or risky deployments. Always DYOR before buying.

Tools to Track MACHO

Final Thoughts

MACHO fits the profile of a high-beta Solana meme coin: community-first, volatile, and sensitive to liquidity and sentiment. If you choose to trade it:

  • Double-check the contract address.
  • Use reputable DEX routes and wallets.
  • Size positions conservatively and plan exits.
  • Monitor liquidity, top holders, and real-time flows.

This article is for informational purposes only and does not constitute financial advice. Meme coins are highly risky—you could lose all capital. Always do your own research.

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