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Important: Some historical references (June 2024) also show a MACHO on Solana at a different address: 8zFovnzXzK9JDiftGaw7wiRxARrRtvm9Lz12vJ8CZ5ZA.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:
- DEX Screener (Raydium/Pump.fun pairs): MACHO live charts
- CoinMarketCap DEX pair view: MACHO/SOL on Raydium
Where and How to Trade MACHO
MACHO is a DEX-first token on Solana. Popular options include:
- Raydium: https://raydium.io/
- Jupiter (DEX aggregator): https://jup.ag/
- Pump.fun / PumpSwap: https://pump.fun/
- Track and trade via GMGN.AI: https://gmgn.ai/sol/token/fV1R5sZ5_GJZJsDnJaqGuGxgARRYNhzBWEzfST4sngHKLP2nppump
Wallets commonly used in the Solana ecosystem:
- Phantom: https://phantom.app/
- Solflare: https://solflare.com/
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:
- Install a Solana wallet (Phantom or Solflare) and fund it with SOL for gas.
- Verify the contract address: GJZJsDnJaqGuGxgARRYNhzBWEzfST4sngHKLP2nppump.
- Use Jupiter or Raydium to swap SOL for MACHO, or go via GMGN.AI’s MACHO page to track liquidity and trades.
- Set a conservative slippage and check price impact before confirming.
- 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
- Live charts and pairs: DEX Screener
- Aggregated pricing/liquidity: Jupiter
- Contract and holder data: Solscan
- Fast tracking and trading (smart money views, risk checks): GMGN.AI MACHO page
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.