Meme Insider
Solana has become a meme coin hotspot, and the SPL token known simply as memecoin (token symbol: MEMECOIN, address: 4daoTLufDmV3ods48Zh8rymaZKBLtgEvuH9qALYLbonk) is a clear example of the network’s quirky, community-driven approach to internet culture. This article breaks down memecoin’s characteristics, how to trade it, its place within the Solana ecosystem, and the important risks and considerations you should know.
What is memecoin (MEMECOIN) on Solana?
memecoin is a verified SPL-token on the Solana blockchain, designed purely as a meta meme token. It represents meme coin culture itself—embracing internet humor, viral moments, and collective hype rather than offering advanced technology or real-world utility. Think of memecoin less as an “innovation” and more as a living tribute to all things meme in the crypto space.
- Symbol: MEMECOIN
- Address:
4daoTLufDmV3ods48Zh8rymaZKBLtgEvuH9qALYLbonk - Verified: Yes (on Solana Token Registry)
- Price (as of June 2025): ~$0.000934 per token
- Market Cap: ~$934,200
- 24hr Trading Volume: ~$91,600
- Liquidity on DEXes: ~$210,600
How does memecoin work?
Much like other Solana meme coins, memecoin’s value is driven by community excitement, social media buzz, and speculative trading rather than any underlying utility. Its supply is large and designed to be accessible; it may follow popular tokenomic trends like airdrops and community rewards, though specifics about its burn mechanisms or allocation are not widely documented.
The token was likely launched using a platform like Pump.fun, which lowers barriers to entry for developers and has powered millions of meme tokens on Solana.
Trading memecoin on Solana
memecoin is traded primarily on decentralized exchanges (DEXs) supporting Solana SPL-tokens. Here’s how you can acquire it:
- Get a Solana-compatible wallet like Phantom or Solflare.
- Connect to a DEX such as Raydium, Orca, or swap directly in your wallet.
- Search for memecoin using its unique address:
4daoTLufDmV3ods48Zh8rymaZKBLtgEvuH9qALYLbonk. - Swap your SOL or other Solana-based assets for MEMECOIN.
Platforms like Solflare and Phantom often support advanced trading options, such as limit orders, for those looking to automate their trades or hit specific price targets.
memecoin in the Solana meme token ecosystem
The Solana blockchain is a fertile ground for meme tokens, thanks to its ultra-low fees and blazing-fast transactions. While heavyweights like BONK and Dogwifhat (WIF) dominate headlines and trading volumes, memecoin stands out as a symbolic play—its appeal is rooted in meme culture itself rather than technical features or big ecosystems.
| Token | Notable Aspect | Network |
|---|---|---|
| BONK | Most popular Solana meme coin | Solana |
| Dogwifhat | Rapid viral growth in 2024 | Solana |
| memecoin | Embodies meme coin culture itself | Solana |
The memecoin phenomenon on Solana surged around 2024–2025, fueled by tools like Pump.fun and amplified by the viral nature of social trading and community memes. While many of these tokens come and go quickly, their communities often thrive in the short term, and a handful build lasting appeal.
Risks and what to watch for
Meme coins, by design, carry significant risks:
- Extreme volatility: Price swings can be sudden, and liquidity can vanish as fast as it appears.
- Speculative value only: There’s typically no utility other than trading and community participation.
- Centralization risks: Unless mint and freeze authorities are renounced, creators might still control the supply or freeze funds—a major red flag for potential “rug pulls.”
- Liquidity and security: Always verify that there’s sufficient and locked liquidity in trading pools using tools like DexScreener.
- Community hype: Value is directly linked to social media attention—without it, trading interest can fade fast.
Investors are urged to double-check token addresses (to avoid scams), confirm project legitimacy on chain explorers, and only trade what they can afford to lose.
Community, hype, and social trends
memecoin’s success is all about engagement. Solana meme coins thrive or die based on X (Twitter), Discord, and viral moments. While there’s no record of major celebrity endorsements for memecoin, any surge in meme popularity or influencer shoutouts could send it flying.
Airdrops, meme challenges, and community-run campaigns are standard tactics for building hype. In the Solana ecosystem, tokens like BONK famously distributed huge supplies via airdrops to fuel viral adoption. memecoin may use similar strategies—keep an eye on official channels and meme-centric platforms for updates.
Where to learn more and track memecoin
- Solscan Token Page — for on-chain data
- CoinGecko or CoinMarketCap — for price and market stats
- Raydium and Orca — for DEX liquidity and trading
- Phantom Wallet — Solana’s most popular wallet, often featuring trending tokens
If you want real-time analytics, smart money tracking, or automated trading for memecoin and other meme tokens, consider exploring GMGN.AI. This platform provides deep insights into trading trends, top wallet activities, and in-depth risk analysis for Solana-based meme coins—including memecoin.
You can access memecoin’s dedicated GMGN.AI analytics page here.
Summary
memecoin (MEMECOIN) on Solana is a verified SPL meme token made for fun and speculative trading. It taps into viral meme culture, with value rooted in community engagement rather than technology. It is actively traded on Solana DEXes, offers modest liquidity, and is subject to extreme volatility and rapid shifts in social sentiment. If you’re a blockchain or crypto practitioner exploring the meme token space, memecoin is a lively (if risky) case study of how humor, hype, and decentralized community drive value on Solana.
As always, do your own research, watch out for red flags, and trade responsibly!
