Welcome, blockchain practitioners! As a former editor-in-chief of CoinDesk, now with Meme Insider (meme-insider.com), I'm excited to dive deep into MONKZ, a fascinating token making waves on the Solana blockchain. This report will equip you with a comprehensive understanding of MONKZ, from its artistic roots to its market dynamics, helping you navigate the exciting, albeit sometimes wild, world of meme tokens.
What is MONKZ? An Overview
MONKZ (symbol: MONKZ, address: C46wBrKJ5idsy8evj3mNp37BFjKkKWtXAsx6GSDmpump) is identified as a community-driven meme token on the Solana blockchain. Its primary goal is to bring fun and engagement to the crypto space through social interactions and community activities. Unlike some meme coins that focus solely on hype, MONKZ distinguishes itself with a unique artistic flair.
The project brands itself as a "Digital Brand by Monkerz Art Studio," emphasizing a "masked art movement." Its ethos, as seen in advertisements, is "Anons. Illustrators. Rebels. We don't chase charts — we paint them." This suggests a focus on fostering collective creativity within the crypto realm, potentially involving a "1000 supply free mint NFT collection" as alluded to in older Reddit posts. This art-centric approach sets it apart from many purely speculative meme tokens.
Tokenomics and Market Data Snapshot
As of late June 2025, the MONKZ token presents some interesting market figures. Its total supply and circulating supply are approximately 999 million MONKZ (specifically, around 998.88 million to 999.34 million tokens have been reported). The token operates without a maximum supply cap, meaning new tokens could theoretically be created, though it boasts a "NoMint Authority" feature, which means its minting function has been revoked, preventing further issuance beyond the current supply. This is a crucial security feature that protects against unexpected inflation by developers.
In terms of valuation, MONKZ has seen its market capitalization fluctuate, reported around $3.1K to $3.71K. The token has attracted a growing community, with the number of holders increasing from 96 to 271 holders as of June 26, 2025.
Trading activity for MONKZ can be quite dynamic. While daily volumes have been around $291.07, some short-term bursts of speculative trading have seen 5-minute volumes reach $6K and 24-hour volumes hit $7.8K. The total liquidity pool for MONKZ is notably at 266.34 SOL (approximately $74.9K), which is reported as 100% locked, indicating a stable trading environment on decentralized exchanges (DEXs) and reducing the risk of liquidity rug pulls.
Origins and Community Power
MONKZ is largely characterized as "community-driven," which is a common narrative for new meme tokens launched via fair mechanisms like those found on platforms such as Pump.fun. While specific details about its founding team aren't public, the project thrives on collective enthusiasm.
There's a subtle, yet unconfirmed, connection suggested between MONKZ and MonkeDAO, a prominent community-owned NFT decentralized autonomous organization (DAO) on Solana, known for its Solana Monkey Business (SMB) NFT collection. While not directly confirmed as an official token of MonkeDAO, the shared theme and ecosystem suggest a possible affiliation or inspiration.
The MONKZ community is actively engaged, with social media buzzing about its potential. Posts on X (formerly Twitter) frequently highlight its trending status, price surges, and community-led promotions like 1 SOL giveaways to attract new holders. It has even been described as a "new CTO" (Community Takeover) project, showcasing the strong, decentralized efforts of its supporters.
Accessibility and Trading Platforms
Getting your hands on MONKZ is straightforward within the Solana ecosystem. The token can be bought and traded on several popular platforms:
- Phantom Wallet: A widely used Solana wallet, Phantom supports easy buying and trading of MONKZ.
- Decentralized Exchanges (DEXs): MONKZ is primarily traded on Solana-based DEXs like Raydium, particularly in the MONKZ/SOL pair. Other DEXs like Orca may also support its trading.
- Gate Alpha: Some X posts mention a listing on Gate Alpha, which could provide additional trading avenues or visibility.
It's worth noting that MONKZ is currently marked as "unverified" on some platforms, which is typical for newer or meme tokens. Always exercise caution and perform your own due diligence when interacting with any unverified token. Recent trading activity has been significant, with 494 transactions reported in a 5-minute window during peak interest, indicating high liquidity for short-term trades.
Key Technical Details
MONKZ is built on the Solana Program Library (SPL) token standard, which is Solana's equivalent to Ethereum's ERC-20. This ensures its compatibility with Solana's robust infrastructure, high transaction speeds, and low costs.
A critical security feature of MONKZ is its "NoMint Authority." This means that once the initial token supply was created, the ability to mint new tokens was permanently revoked. This prevents developers or any single entity from arbitrarily creating more tokens, which could devalue existing holdings and is a significant positive for token holders. Furthermore, the liquidity pool is reported as 100% locked, enhancing trust and stability for trading.
Tools like Solsniffer can be utilized by users to perform independent security checks, helping to identify potential risks like honeypots or scam characteristics.
Staying Connected with MONKZ
To keep up with the latest MONKZ developments and engage with the community, you can follow their official channels:
- X (formerly Twitter): @Monkzsolana
- Telegram: t.me/MonkzStudio
Community engagement is strong, with users actively discussing trading opportunities, price movements, and new initiatives. The ability to trade and "snipe" Solana tokens, including MONKZ, directly from platforms like Discord also highlights the community-driven trading approach.
Potential Risks and Considerations
As with all meme tokens and nascent cryptocurrency projects, MONKZ carries inherent risks that potential participants should be aware of:
- High Volatility: MONKZ has exhibited extreme price fluctuations, with reported 6-hour increases of up to 19,000%. While exciting for short-term traders, such volatility poses significant risks of rapid capital loss.
- Limited Project Information: The absence of a detailed whitepaper, official website with a clear roadmap, or publicly identified team members raises concerns about transparency and long-term sustainability. Its value largely depends on community sentiment and speculative interest.
- Meme Coin Specific Risks: Like other meme coins, MONKZ's price is heavily influenced by hype rather than fundamental utility. While the "NoMint" feature mitigates some inflation risks, the lack of a maximum supply could still be a long-term concern if the protocol changes, though highly unlikely given the "NoMint" status.
- Regulatory and Market Risks: The broader crypto market is subject to regulatory uncertainties and market downturns, which could impact MONKZ's performance regardless of its internal dynamics.
Tools for Informed Trading: Leveraging Platforms like GMGN.AI
For those interested in exploring and trading MONKZ, or other meme tokens on Solana and beyond, platforms like GMGN.AI can be incredibly useful. GMGN.AI provides state-of-the-art tools for tracking, analyzing, and even automating trades of meme tokens with precision.
Its features include:
- Real-time Insights: Get instant analytics and alerts on new tokens and price movements.
- Smart Money Tracking: Follow the wallet activities of top investors to identify potential opportunities.
- Automated Trading: Automate buy/sell actions and replicate successful strategies (requires Telegram account linking).
- Security Checks: Identify risks like honeypots or high transaction taxes before you trade.
- Cross-Chain Compatibility: Seamlessly trade across multiple blockchains, including Solana.
GMGN.AI charges a flat 1% transaction fee and offers premium features without a subscription. You can explore MONKZ's dedicated page on GMGN.AI here for comprehensive performance data and trading options.
Conclusion
The MONKZ token on Solana presents itself as a unique blend of meme culture and artistic expression. With its community-driven approach, "NoMint Authority," and locked liquidity, it addresses some common concerns in the meme coin space. However, its micro-cap status, extreme volatility, and limited public project information underscore the speculative nature of this asset.
Recommendations:
- For Investors: Due to high volatility and limited transparency, proceed with caution. Always conduct thorough due diligence, using tools like Solscan to monitor on-chain data and Solsniffer for security analysis.
- For Community Members: Engage through official channels like X and Telegram to stay informed about project developments, including potential NFT airdrops or community initiatives.
Understanding the speculative environment is key when engaging with tokens like MONKZ. While its artistic narrative is compelling, the primary driver remains community sentiment and short-term trading opportunities.
This report is for informational purposes only and does not constitute financial advice. Always conduct independent research before investing in cryptocurrencies.