Meme Insider
Key facts at a glance
- Token: MERVIN (SPL) on Solana
- Contract: bS3Y8KCfYmMC93sSc4qQMivQzTu48qnZqjuYbUopump
- Category: Meme token (unverified on several trackers)
- Supply: Reports suggest around 1 billion total and circulating supply; official docs are not available
- Market snapshots (vary widely by source/time):
- Price: ~$0.0001276 to ~$0.00031798
- 24h volume: ~$108K to ~$19.18M
- Market cap: ~$31.9K to ~$317.69K
- Holders: ~294 to ~1,110
- Liquidity: ~$311K noted by some trackers; others warn of low liquidity and slippage risk
What is MERVIN?
MERVIN is a meme coin on Solana, likely launched via Pump.fun, a platform that makes it easy to spin up tokens with minimal code. Like many Solana meme tokens, MERVIN leans on community attention and speculative trading rather than a published whitepaper or defined utility. That doesn’t make it “good” or “bad”—it just means you should treat it as high risk and do extra due diligence.
Tokenomics and mechanics (what we know)
- Standard: SPL (Solana’s token standard, similar to ERC-20 on Ethereum)
- Supply: Several trackers report roughly 1B tokens in total and circulation. However, there’s no official tokenomics page, so treat these figures as indicative, not definitive.
- Distribution: Unknown. Many Pump.fun tokens seed liquidity on Solana DEXs and rely on community or marketing allocations, but MERVIN hasn’t published a breakdown.
- Utility: No confirmed utility beyond trading and community engagement at this time.
If the project team publishes a whitepaper, roadmap, or audit, that would materially improve transparency and investor confidence.
Market performance and liquidity
Available data varies by source and time, reflecting the early, speculative nature of the token:
- Reported price ranges have spanned from ~$0.0001276 to ~$0.00031798.
- 24-hour volume reports have ranged from around $108K to over $19M.
- Market cap snapshots have been cited between roughly $31.9K and $317.69K.
- Liquidity around $311K has been noted, but multiple platforms warn about potential low liquidity and slippage. In practice, thin liquidity can cause large price jumps (or drops) even on small orders.
Bottom line: Expect high volatility and inconsistent data across trackers.
How to buy and trade MERVIN (step-by-step)
- Set up a Solana wallet
- Popular choices include Phantom and Bitget Wallet. OKX also offers a Web3 wallet with Solana support.
- Fund your wallet with SOL
- You’ll need SOL for gas (fees) and to swap into MERVIN.
- Use a DEX on Solana
- Track and trade via analytics platforms
- You can also explore and trade through GMGN.AI’s MERVIN page: https://gmgn.ai/sol/token/fV1R5sZ5_bS3Y8KCfYmMC93sSc4qQMivQzTu48qnZqjuYbUopump
- Many traders use such platforms for real-time data, wallet flow tracking, and faster execution.
- Manage slippage and size
- Due to potential low liquidity, start with small orders and adjust slippage carefully.
- Verify before you click
- Double-check the contract on Solscan and make sure the ticker, decimals, and address match across tools.
Note: Some reports mention accessibility via Solana-compatible wallets and platforms; centralized exchange listings were not evident in the sources reviewed.
Risks you should weigh
- Unverified status: Several trackers flag MERVIN as unverified or low-activity. Treat this as a red flag until the team provides more transparency.
- Extreme volatility: Meme coins can swing wildly on headlines, social hype, or whale moves.
- Liquidity and slippage: Thin liquidity can lead to unexpected execution prices.
- Security: Meme tokens can be targets for scams or rug pulls. Always confirm you’re interacting with the correct token.
- Regulatory uncertainty: Crypto assets on Solana, including meme coins, may face regulatory scrutiny. Rules can change quickly.
- Network reliability: Solana has experienced outages in the past, which can temporarily disrupt trading or price discovery.
DYOR checklist
- Contract verification: Confirm the address and token details on Solscan.
- Liquidity depth: Check pool sizes on your chosen DEX before trading.
- Community signals: Look for active social channels, timely updates, and a transparent team presence.
- Documentation: Prioritize tokens with clear tokenomics, audits, and a public roadmap.
- Position sizing: Only risk what you can afford to lose; consider scaling in and out.
Outlook
For MERVIN to move beyond pure speculation, it would need:
- Clear communication (whitepaper or litepaper)
- Consistent updates and community building
- Integrations across Solana’s DeFi or NFT stack
Competition among Solana meme coins is fierce, and market fatigue is real. Without a compelling narrative or utility, attention tends to rotate quickly. If the team ships features and builds trust, community momentum can change the trajectory—but until then, caution is warranted.
Useful links
- Solscan (contract and holders): MERVIN on Solscan
- Solana overview: solana.com
- Pump.fun primer: A complete guide to the PUMP token on Solana
