Alright, let's talk about the latest meme coin catching some buzz on the Solana blockchain: pigwif. Just like its namesake, Dogwifhat ($WIF), pigwif seems to be playing on the popular "animal wearing a hat" theme, specifically, you guessed it, a pig with a hat.
It's important to understand right upfront that pigwif is a meme token, and that comes with a whole heap of volatility and risk. Most sources point to it being quite a recent arrival on the Solana scene.
Pigwif Token Essentials
Here are the core details if you're looking for the real pigwif on Solana:
- Token Symbol: pigwif
- Token Address:
676YgDtdAekpjYwNvLSLFPkBooVxBqJVpgxxoHJPpump
(This is its unique identifier on the Solana network.) - Blockchain: Solana
Keep in mind, the token is often listed as unverified. This isn't a small detail; it means the token hasn't undergone formal audits or vetting by major platforms, which significantly increases the potential risks involved.
Interestingly, there are also mentions of "PIGWIF" tokens on the Ethereum chain, with contract addresses 0x2765E5e3Ad015223b71bA143a3608474F267abb9
and 0x3aF5088F3C56f075acE818A4a0C7385C386f852f
. Always double-check the chain and contract address to ensure you're interacting with the correct token.
Market Snapshot (as of late May 2025)
Meme coins are known for wild price swings, and pigwif is no exception. Here's a look at some key data points, but remember these figures can change rapidly:
- Price: Floating somewhere between $0.0001605 and potentially over $0.0009 (or even highs of $0.003483 in 24 hours according to some reports), depending on where you look.
- Market Cap: Estimates range from $136.36K all the way up to $913K or $755,000 USD. That's a huge difference and shows how quickly its perceived value is changing.
- Fully Diluted Valuation (FDV): Around $652,000 USD.
- Circulating Supply: Roughly 999.98 Million (999,980,000) pigwif tokens are out there.
- Total Supply: This is a crucial point – there appears to be no maximum supply cap. This means new tokens could potentially be created, which could dilute the value of existing tokens over time.
- 24h Trading Volume: Highly volatile, reported from $84,350.81 up to a staggering $4.0M or $4.3M USD. That volume is primarily on decentralized exchanges (DEXs).
- Holders: The number of people holding pigwif tokens is growing, reported between 1,992 and 4,073. The top 10 holders collectively own a significant portion, around 21.83% of the supply.
- Liquidity: The main liquidity pool for the pigwif/SOL pair on PumpSwap is around $82,438–$101,000 USD. While decent, it's not massive liquidity, which can contribute to price volatility.
Reports even suggest the price saw an incredible 537.04% increase in a single 24-hour period recently! This kind of surge is typical of new meme coins gaining traction.
Where Can You Trade pigwif?
Since it's on Solana and relatively new, pigwif is primarily available on decentralized exchanges (DEXs) and platforms that aggregate liquidity:
- PumpSwap (This is where the main pigwif/SOL pair lives, address:
FzCPn4GUs8Q9YEws6wwX6sVoXpLX7zi4Lyho3gqcpKrs
) - Maestro Bot (Often accessed via Telegram)
- Soul Sniper
- Jupiter (A popular Solana DEX aggregator)
- Phantom Wallet (Often has a built-in swap feature that can access DEX liquidity)
- MEXC DEX+ (The DEX part of the MEXC exchange)
- Matcha (Supports swaps on Solana)
You can track its live price and trading activity on platforms like Dexscreener and GeckoTerminal.
Community Buzz and Sentiment
Social media, particularly X (formerly Twitter), is where a lot of the noise around meme coins happens. People are definitely talking about "a pig on X," which points to growing awareness.
Sentiment seems mixed, as is common with these tokens. Some are highly enthusiastic, highlighting the rapid market cap growth and community efforts to "hold the floor." They might call it a "broke cousin" of WIF, leaning into the meme nature. There's even a mention of a potential "Solana Airdrop" and earlier rebranding discussions.
However, skepticism is also present. Some posts explicitly label pigwif as a potential scam, citing concerns about insider holdings or control. This conflict in sentiment is a key characteristic of meme coins – driven by hype but always shadowed by risk.
The Big Risks You NEED to Consider
Investing in meme tokens like pigwif is highly speculative. Here are the major red flags and risks:
- Extreme Volatility: Prices can skyrocket or crash with little to no warning, based purely on hype or changing sentiment. That huge 537% gain? It can easily reverse.
- Unverified Status: As mentioned, this lack of formal vetting means you're largely trusting the unknown developers. It increases the risk of scams, exploits, or simply a poorly coded token.
- Potential for Rug Pull: It's relatively easy to create meme tokens on Solana using platforms like Pump.fun. Developers could abandon the project ("dev jeeted" as one report put it, implying the developer sold their holdings) and remove liquidity, leaving holders with worthless tokens.
- No Maximum Supply: The potential for unlimited token creation means your holdings could be diluted over time, negatively impacting the price.
- Lack of Fundamentals: There's no whitepaper, no clear roadmap, no underlying technology or product. Its value is based almost entirely on community hype and speculation, making it a prime candidate for "pump-and-dump" schemes.
- Liquidity Risks: While the main pool has some liquidity, other small or unverified pools might have near-zero liquidity, making it impossible to sell your tokens.
- High Transaction Fees on Solana: While Solana transactions are generally cheap, the sheer volume of meme coin activity can sometimes push fees higher than usual.
An audit reported by DEX Screener found "no issues" but included a crucial disclaimer that audits aren't always 100% accurate. Coupled with scam allegations and conflicting reports on insider ownership, caution is paramount.
Tools for Deeper Research
If you're determined to explore pigwif or other meme coins, these tools can be helpful (but are not endorsements):
- DEX Screeners: Dexscreener and GeckoTerminal are essential for real-time charts, volume, and liquidity data.
- Contract Analysis: Tools like SolSniffer and RugCheck can analyze the token contract for potential red flags (like whether liquidity is locked, creator holdings, etc.). RugCheck also provides an overview of holders and market cap.
- Smart Money Tracking: Axiom.Trade and GMGN.AI claim to help track wallets of successful traders ("smart money").
Speaking of GMGN.AI, it's specifically designed for tracking, analyzing, and potentially trading meme tokens across chains like Solana. Features include tracking smart money, security checks (honeypot risk, taxes), and real-time analytics. They mention a 1% transaction fee but no subscription for premium features. You can find pigwif specifically on GMGN.AI here: https://gmgn.ai/sol/token/fV1R5sZ5_676YgDtdAekpjYwNvLSLFPkBooVxBqJVpgxxoHJPpump.
Disclaimer
Meme Insider provides this information purely for educational and reporting purposes based on available data. This is absolutely not financial advice. The world of meme tokens is incredibly risky. You could lose your entire investment. Always, always, always do your own thorough research (DYOR) before putting any money into cryptocurrencies, especially unverified meme coins like pigwif. Be careful, be informed, and only invest what you can afford to lose.