Ever heard of MEMECOIN on Solana? It's buzzing around the crypto space as the latest meme token on the super-fast Solana blockchain. But which one are we actually talking about? Turns out, there are a couple of tokens floating around with the name "MEMECOIN." There's actually another token called MEME associated with Memeland, the web3 playground by 9GAG, a meme platform you probably know and love. Then there's even a "SOLANA MEME TOKEN" (SOL10). But the MEMECOIN we're focusing on today is the one with the address 3m92VjJrUdtc7zp2NUwJdgJYT7nzKC2FmSSBxJL5pump
. This one seems to be born from the popular platform Pump.fun, which is like a meme coin factory on Solana.
So, what’s the deal with this particular MEMECOIN? Let's break it down.
What is MEMECOIN on Solana?
This MEMECOIN, specifically 3m92VjJrUdtc7zp2NUwJdgJYT7nzKC2FmSSBxJL5pump
, lives on the Solana blockchain. Solana is a powerhouse in the crypto world, known for its lightning-fast transactions and super-low fees. We're talking transaction fees averaging around ~$0.00025! This speed and affordability make Solana a hotbed for meme coins.
MEMECOIN is built using Solana's Program Library, or SPL standard. Think of SPL as Solana's version of Ethereum's popular ERC-20 standard, but cranked up for speed and lower costs.
Like most meme coins, MEMECOIN is all about entertainment and community hype. These tokens often ride on internet trends and jokes, and their prices can swing wildly based on social media buzz and pure speculation.
Born on Pump.fun?
The token address itself, 3m92VjJrUdtc7zp2NUwJdgJYT7nzKC2FmSSBxJL5pump
, hints that MEMECOIN likely came to life through Pump.fun. Pump.fun is a user-friendly platform on Solana that lets anyone create a meme token without needing to be a coding whiz. For a small fee (around 0.02 SOL, which is about $3), you can launch your own token. It's become incredibly popular since launching in early 2024, with millions of tokens created and a huge amount of revenue generated.
Tokens launched on Pump.fun use something called a "bonding curve." Basically, the price of the token goes up as more people buy it. This can reward early birds who get in when the price is low. Once a token's market cap hits $69,000 on Pump.fun, it automatically gets listed on Raydium, a popular decentralized exchange (DEX) on Solana, opening it up to wider trading.
While we don't have the exact launch date for MEMECOIN, its presence on Pump.fun suggests it probably emerged sometime in 2024 or early 2025, given Pump.fun’s rapid growth.
Diving into Tokenomics
Pump.fun tokens typically kick off with an initial supply of 800 million tokens. While we don't have specific details for MEMECOIN, it's a reasonable starting point to assume. The distribution usually looks something like this:
- Initial Supply: Around 800 million tokens (likely).
- Creator's Share: The creator might hold a chunk of tokens, but this can vary.
- Community Allocation: Tokens are sold over time through that bonding curve on Pump.fun, meaning early buyers often get in at lower prices.
Solana tokens, including MEMECOIN, have what are called "authorities." Think of these as permissions:
- Mint Authority: This controls whether more tokens can be created. If this authority isn't revoked, the creator could print more tokens and potentially tank the value for everyone else.
- Freeze Authority: This allows freezing token transfers. Revoking this authority can build trust because it prevents anyone from messing with your ability to move your tokens.
- Mutability Authority: This governs whether the token's details (like name or symbol) can be changed. Usually, after launch, it's seen as a good sign if this is locked down, making the token's info permanent and trustworthy.
To really dig into MEMECOIN's tokenomics, you'd want to check if these authorities have been revoked. You can use tools like Solana Explorer or SolanaFM and plug in the token address 3m92VjJrUdtc7zp2NUwJdgJYT7nzKC2FmSSBxJL5pump
to investigate.
Market Performance and Trading
As of late March 2025, MEMECOIN doesn't seem to be lighting up major crypto tracking sites like CoinMarketCap or CoinGecko under that specific address or symbol. This could mean it's still pretty new, maybe flying under the radar, or not yet listed on big centralized exchanges (CEXs) like Binance or Coinbase.
For Pump.fun tokens, prices start very low and gradually climb as people buy in. Once they hit that $69,000 market cap and move to Raydium, the open market takes over, and things can get very volatile.
We don't have real-time price data for MEMECOIN right now, but meme coins on Solana are known for wild price swings driven by hype. Just look at Bonk (BONK), which reached a massive $3.5 billion market cap in November 2024!
If MEMECOIN has hit that liquidity threshold on Pump.fun, you'll likely find it trading on Raydium and other Solana DEXs like Orca. You can use aggregators like Jupiter to check its trading status. Getting listed on big CEXs is a bigger hurdle and usually requires more widespread adoption.
Community Vibe
Meme coins live and die by their community. Social media, especially X (formerly Twitter), is where you often find the pulse of a meme coin community.
A recent X post from March 19, 2025, by user @JeffWorkma7206 is talking up MEMECOIN, claiming it has "unprecedented community potential" on Solana. They're calling for "diamond hands" (long-term holders) to jump in during an "accumulation phase" with dreams of hitting "millions." While it's definitely enthusiastic, it's also typical meme coin hype and doesn't come with any hard data. The token address mentioned in the post does match our MEMECOIN, 3m92VjJrUdtc7zp2NUwJdgJYT7nzKC2FmSSBxJL5pump
, so it seems to be about the right token.
Strong meme coin communities thrive on platforms like X, Telegram, and Discord. Without official channels easily found for MEMECOIN, it's hard to gauge the true size and activity of its community. Successful Solana meme coins like Dogwifhat (WIF) and Bonk (BONK) have huge followings and active communities. MEMECOIN’s community seems to be in its early stages, possibly centered around early adopters from Pump.fun and some X chatter.
Risks to Keep in Mind
Meme coins are a wild ride, and MEMECOIN is no exception. Here's a reality check on the risks:
- Volatility and Speculation: Meme coins are super speculative. Their value is tied to hype and social trends, not always real-world utility. MEMECOIN’s price will likely bounce around based on social media buzz, making it prone to pump-and-dump schemes. Be careful of getting caught buying at the peak.
- Rug Pull Potential: If those "mint" or "freeze" authorities we talked about earlier are still active, there's a risk the creator could mess with the token – like creating a ton more tokens or freezing everyone's ability to trade. Always do your homework! Tools like RugCheck or SolanaFM can help you check for these risks by analyzing the token address.
- Market Overload: With literally millions of tokens launched on Pump.fun, the meme coin space is crowded. MEMECOIN needs to find a way to stand out – whether it's through clever branding, a strong community, or going viral – to gain traction.
- Manipulation: The Solana meme coin market can be prone to manipulation by insider groups who use bots and social media to pump prices and then dump their holdings, leaving regular investors with losses.
GMGN.AI: A Tool for Navigating Meme Coins
If you're looking to dive deeper into meme coin trading, platforms like GMGN.AI can be helpful. GMGN.AI is designed for tracking, analyzing, and trading meme tokens across multiple blockchains, including Solana.
Key features of GMGN.AI include:
- Real-time Meme Token Analysis: Tracks meme tokens across various blockchains.
- Smart Money Tracking: Lets you monitor the wallet activity of successful investors.
- Automated Trading: You can automate trades and even copy strategies from top wallets (requires linking a Telegram account via https://t.me/gmgnaibot?start=i_fV1R5sZ5).
- Security Checks: Helps identify risky tokens, like potential honeypots.
- Cross-Chain Trading: Trade meme tokens across different blockchains.
GMGN.AI is worth checking out if you're serious about navigating the meme coin market, and it even has a dedicated page for MEMECOIN at https://gmgn.ai/sol/token/fV1R5sZ5_3m92VjJrUdtc7zp2NUwJdgJYT7nzKC2FmSSBxJL5pump.
Final Thoughts
MEMECOIN (3m92VjJrUdtc7zp2NUwJdgJYT7nzKC2FmSSBxJL5pump
) is a Solana-based meme coin that's likely part of the Pump.fun ecosystem. It’s riding on Solana's fast and cheap infrastructure, and while there's early community buzz, it's still very much under the radar in the wider crypto world.
Investing in meme coins like MEMECOIN is high-risk. It's crucial to do your own thorough research, understand the risks, and manage your investments carefully.
Recommendations:
- Verify Token Details: Use Solana Explorer or SolanaFM to check the token's metadata and authority status.
- Monitor Trading: Search for MEMECOIN on Raydium or Jupiter to track real-time price and trading activity.
- Assess Community Sentiment: Join relevant X or Telegram groups to get a feel for community sentiment and developer transparency.
- Use Tools: Explore platforms like GMGN.AI to get a better handle on meme coin analysis and trading.
Disclaimer: This research report is for informational purposes only and should not be considered financial advice. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.