What is MOON (Just Mooncoin)?

MOON is a meme coin on the Solana blockchain, often called “just mooncoin.” It rides crypto’s favorite catchphrase—“to the moon”—and leans heavily on community-driven hype rather than deep technical utility. The verified token address you should use is EtKq5MVm8vFFVAYHX9Y7rYMQu2aWfXDxt7eEnZDjpBvm. Always double-check the address on Solscan before trading to avoid lookalikes.

• Symbol: MOON
• Chain: Solana (SPL token)
• Launch: July 8, 2025 (via Pump.fun)
• Decimals: 6
• Total supply: 1,000,000,000 MOON

Why it moves: the meme coin playbook

MOON fits the classic meme coin profile:

• Community-first narrative: the name signals “number go up,” not utility.
• Viral speculation: discussed in “catch meme pumps” contexts and sniper chatter.
• Minimal fundamentals: no clear roadmap, whitepaper, or product utility identified.

In plain English: sentiment and social buzz drive this market more than tech.

Market snapshot (as of Aug 12, 2025)

Numbers vary by tracker and pair, which is common in thinly pooled meme markets. Treat all figures as directional, not gospel.

• Price ranges observed: roughly $0.0000048 to $0.00070 across venues and timeframes
• Market cap: roughly $236K–$733K (reports vary; some trackers show higher peaks)
• Liquidity: around $69K–$215K on observed pools
• Volume (24h): reports span ~$1.9M to as high as ~$18.5M at peak activity windows
• Supply: ~1B MOON in circulation
• Holders: ~1,170–1,500 addresses
• Concentration: top 20 holders around 30.7%; top 10 around 15% (indicative of whale influence)
• Volatility: extreme, with intra-day swings from double-digits to multi-thousand percent on certain pairs/timeframes

What that means for you: this is a fast, speculative tape. Slippage, pool depth, and timing matter.

Trading venues and how to check the right token

You can track and trade the MOON token on multiple Solana venues. Always verify the contract address first:

• MOON on Solscan (transaction and holder checks): solscan.io/token/EtKq5MV...
• Raydium DEX: raydium.io (search by contract address)
• DexTools pair explorer (for liquidity/pool insights): dextools.io
• Pump.fun (launch origin, community context): pump.fun
• OKX Web3 DEX page (market view): web3.okx.com
• Also consider tracking and trading via GMGN: https://gmgn.ai/sol/token/fV1R5sZ5_EtKq5MVm8vFFVAYHX9Y7rYMQu2aWfXDxt7eEnZDjpBvm

Tip: prefer links that resolve directly to the token’s contract page, not just search results. Copy-paste the exact address to avoid impostors.

Notable on-chain and tape behavior

• Sniper presence: reports show 25 out of 70 snipers at one point—classic meme coin launch behavior. This can front-run retail and exaggerate pumps/dumps.
• Rapid tapes: buys/sells often cluster within seconds; micro-fragments of a cent can represent big percentage changes at this price scale.
• Pool fragmentation: different pools/pairs can show wildly different prints (some aggregators displayed +5,000% moves while others were flat or negative). That’s a symptom of shallow liquidity and fragmented routing.

Red flags and risk factors

• Unverified token warning: some wallets (e.g., Phantom) flag this MOON as unverified. That doesn’t mean it’s malicious—but it means “proceed only if you accept the risk.”
• Strong external cautions: one prominent market page issued a blunt warning about this exact contract, telling users to stay away. While opinions vary, it’s rare to see a warning that stark—worth factoring into your risk management.
• Holder concentration: with ~30% in the top 20 addresses, coordinated selling can nuke the chart. This is “whale risk” 101.
• Low-to-mid liquidity: tens or low hundreds of thousands in liquidity are enough to trade but not enough to absorb a herd rushing for the exits.
• Data inconsistencies: some trackers show conflicting market caps/FDV and periodic “can’t load” errors—typical in new or lightly integrated meme assets.

Beware of similarly named MOON tokens

Multiple Solana tokens use “MOON” branding. Besides EtKq5MVm8vFFVAYHX9Y7rYMQu2aWfXDxt7eEnZDjpBvm, there’s at least one other MOON-like token on Solana (e.g., HnHuWWrWiEpoCm4xKXWeUjRjCQ8daN1S4uTSQM2z7mbL) with different provenance and activity. This is a common phishing/confusion vector. Always verify the address before you click “swap.”

Practical playbook for traders and builders

• Verify first, trade second:
  • Confirm the address on Solscan.
  • Check pool liquidity and recent volume (DexTools, Raydium UI).
  • Look for creator/authority info and whether mint/freeze authorities are renounced.
• Protect entries/exits:
  • Use modest size relative to pool depth to control slippage.
  • Set hard stops and profit targets; don’t chase vertical green candles.
• Watch whales and flow:
  • Monitor top holder movements and pool adds/removes.
  • Spikes in sniper activity often precede sharp reversals.
• Cross-check quotes:
  • Compare at least two sources for price and liquidity; outlier prints can be stale or misreported.
• Expect narrative-driven swings:
  • With no clear utility or roadmap, sentiment dominates. News and social buzz can flip the tape in minutes.

TL;DR

MOON (Just Mooncoin) on Solana is a textbook meme token: high volatility, inconsistent quotes across pools, heavy sniper/whale dynamics, and no established utility. Some platforms explicitly caution against interacting with it. If you engage anyway, treat it as a short-horizon, high-risk trade: verify the contract, size conservatively, and manage exits with discipline.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Crypto assets—especially meme coins—are highly risky. Always do your own research and never risk funds you cannot afford to lose.