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PEDRO Token on Solana: A Deep Dive into the Meme Coin’s Market, Community, and Risks

PEDRO Token on Solana: A Deep Dive into the Meme Coin’s Market, Community, and Risks

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PEDRO is a community-driven meme token on the Solana blockchain, best known for its raccoon-themed branding and rapid emergence alongside Solana’s fast, low-fee infrastructure. Here’s what you need to know about this coin—its origin, current trading data, technical characteristics, community, and the risks involved for both users and blockchain developers.


What Is PEDRO on Solana?

PEDRO (Token Address: 3fDYHRzGT9eY252ppRR89Fh8k3pHrQPUZqWT67Jcbonk) is an SPL token built for the Solana ecosystem. Like most meme coins, PEDRO leans heavily on viral animal memes (specifically a raccoon character) and community hype for attention rather than technical innovation. Its identity is sometimes muddled with similarly named tokens such as “Pedro The Raccoon” or “Pedro the Penguin,” but the above address uniquely identifies the PEDRO covered in this article.

Meme coins on Solana, such as PEDRO, thrive due to the blockchain’s high speed and ultra-low transaction fees, letting users and speculators trade rapidly and at little cost. This accessibility has made Solana a prime breeding ground for meme tokens, many of which see dramatic price swings and short market cycles.


PEDRO Token: Price, Supply, and Trading

Market Data (as of July 2025)​

  • Price: Ranges from $0.00004232 to $0.000986 USD depending on source and exchange
  • Market Cap: Varies, with data showing anywhere from $1,500 to $1.08 million USD
  • Total Supply: Most sources report 609.97M tokens, though some show up to 998.29M
  • Active Exchanges: Raydium, DexScreener, and price aggregators like MEXC
  • Liquidity: Reported at around $85,000 on Raydium

Supply Details

PEDRO is powered by the SPL token standard, with a disabled mint authority (meaning no new tokens can be created) and a disabled freeze authority (so no tokens can be arbitrarily frozen by developers). These settings are considered a positive for decentralization and security but don’t guarantee project longevity or safety.


Community & Ecosystem

PEDRO’s following is typical of meme coins—driven by humor, viral content, and online engagement rather than a well-documented technical roadmap. Its mascot, usually styled as a dancing raccoon, has inspired community-run websites, NFT collections, and Telegram groups. Community posts frequently boast about PEDRO’s “real utility” and future ambitions, ranging from staking to possible CEX listings and even a $4.5M fundraising claim—though these are mostly unverified and should be approached cautiously.

NFT Integration

There’s a mention of a thriving PEDRO NFT collection on Solana, with free mints and potential plans to link NFTs to community perks or governance. Thanks to Solana’s Program Derived Addresses (PDAs), PEDRO NFTs may gain technical features like on-chain voting or exclusive access to community initiatives. However, detailed documentation or technical audits are not widely available.


Trading PEDRO and Using Solana Tools

You can trade PEDRO tokens via decentralized exchanges such as Raydium or track its price and liquidity using Solscan and DexScreener. Solana-compatible wallets like Phantom or Solflare are required to store and interact with SPL tokens like PEDRO.

Each wallet address will have its own Associated Token Account (ATA) for PEDRO, enabling users to manage their holdings efficiently. Blockchain builders can interact with PEDRO using Solana-Web3.js or the SPL-Token CLI.


Risks and Considerations

1. High Volatility: PEDRO’s price history is a rollercoaster, with extreme highs and lows in short periods. Even minor trades can cause significant swings due to limited liquidity.

2. Limited Transparency: There is no official, verified roadmap, whitepaper, or doxed developer team for this project. Many claims—like major fundraising events or exchange listings—are not verifiable via third-party sources.

3. Scam/Rug Pull Potential: Unverified meme coins like PEDRO are particularly prone to “rug pulls,” where developers or insiders sell off large quantities, leaving other investors with worthless tokens. Community takeovers after a developer exit (“dev jeeting”) are common but don’t remove this risk.

4. Unverified Listings: PEDRO is not verified on most major price trackers or wallet providers, which means its contract and project have not undergone independent scrutiny.

5. Low Liquidity: Small trading volumes make it easy for bad actors to manipulate prices or drain liquidity, making it risky to enter or exit positions with larger sums.

6. Competition: PEDRO competes with higher-profile Solana meme coins like BONK and WIF, which have deeper liquidity and stronger communities.


Recommendations for Investors & Developers

  • Always use Solscan or similar blockchain explorers to validate PEDRO’s contract activity and market data.
  • Monitor Raydium or DexScreener for up-to-date trading stats and liquidity pools.
  • Join PEDRO’s community groups (like on X or Telegram) to gauge active development and sentiment before investing.
  • For developers, experiment with Solana’s Token-2022 program for advanced SPL token features, and use open-source tooling for NFT integration or governance functions.

Final Thoughts

PEDRO’s popularity hinges on its meme status and the Solana chain’s meme-friendly environment. While the project shows signs of active trading and a passionate community, all users should proceed with care due to high volatility, transparency issues, and the ever-present risk of scams or project abandonment. If you’re intrigued by meme coins or want to experiment with Solana’s tech, PEDRO offers a case study in both the possibilities and pitfalls of the meme token craze.


Disclaimer: This information is for educational purposes only and does not constitute financial advice. Do your own research before investing in any cryptocurrency, especially smaller or unverified tokens like PEDRO.


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