Hey there, crypto enthusiasts! Let's chat about a specific token making some waves (and maybe causing some head scratches) on the speedy Solana blockchain: the POWERBALL token, known by its symbol BALL. If you're deep into the world of meme coins and the Solana ecosystem, you might have come across this one.

Identified on the Solana network with the address BALLrveijbhu42QaS2XW1pRBYfMji73bGeYJghUvQs6y, BALL is essentially positioned as a meme coin with a unique twist: it claims to be the first hourly lottery token right there on Solana.

What is BALL and What's the Big Idea?

The core concept behind BALL is pretty simple, aiming to tap into that "degen gambler brain," as some in the community put it. The project, branded as PowerBall on Solana, runs an on-chain lottery system. The key feature? If you hold a certain amount of BALL tokens (reports suggest around 10,000 BALL), you're automatically entered into hourly lottery drawings where you can win prizes paid out in SOL, Solana's native crypto.

This passive participation model is designed to encourage holding the token. By running the lottery right on the blockchain, the project leverages Solana's famous speed and low transaction costs, aiming for transparency and efficiency. It's trying to stand out from the typical meme coin crowd by offering a tangible (though high-risk) utility.

Snapshot of the Data (as of June 4, 2025)

Numbers for meme coins can jump around, but here’s what the reports show for BALL:

• Price: Hovering around $0.013 to $0.065 (Note: There's a range here from different sources like OKX Wallet, DexView, Phantom, Bitget Wallet, and another source showing $0.065).
• Market Cap: Reports vary significantly, from around $2.98M to $13.07M (Bitget Wallet and OKX Wallet, and a separate report showing $5.2M). This discrepancy can be common with new tokens across different tracking platforms.
• Circulating Supply: Approximately 999.93 Million (Phantom).
• Total Supply: Roughly 999.99 Million (Bitget Wallet).
• 24h Trading Volume: Seen high volumes initially ($10.8M to $17M shortly after launch) but recent reports show a range from $0 to $43M (DexView, Phantom, CoinMarketCap DexScan). The $0 volume report is notable and could signal a significant drop in activity or data reporting issues.
• Holders: Estimated between 8,000 and 13,646 (Bitget Wallet and Phantom, CoinMarketCap DexScan).

Where Can You Find It?

You can trade BALL on various platforms, primarily decentralized exchanges (DEXs) on Solana like Raydium. It's also tracked and potentially tradable via wallets like OKX Wallet, Phantom, and Bitget Wallet. The main trading pair is usually against SOL.

Things to Keep in Mind (Risks!)

Like most meme coins, BALL comes with significant risks.

• Volatility: Meme coins are known for wild price swings (Ledger, Crypto News), and BALL is no exception. The recent report of $0 trading volume in a 24-hour period, contrasting with high initial volumes, highlights this potential instability.
• Unverified Status: Some platforms mark the token as "unverified" (Phantom), suggesting it hasn't gone through standard verification processes, which increases risk.
• Concentrated Ownership: A significant red flag is the report of highly concentrated ownership, with one holder allegedly owning a massive 97.44% of the tokens (Solana Tracker). This means a single entity could heavily influence the token's price.
• Sustainability: The model relies on trading volume to fund lottery payouts. If trading activity drops, the lottery's viability could be impacted.
• Transparency: Reports mention a lack of full disclosure on tokenomics, team details, and long-term plans, which is always a concern in crypto.
• Solana Network Risk: While fast, Solana has experienced network outages in the past (Coingecko), which could disrupt the on-chain lottery.

The community sentiment on platforms like X is a mix of excitement about the lottery concept and warnings to "DYOR" (Do Your Own Research) due to the inherent risks.

Using Tools for Analysis: GMGN.AI

Navigating the meme coin market, especially on a fast chain like Solana, can be tricky. Tools designed for tracking and analyzing these tokens can be super helpful. One such platform mentioned is GMGN.AI.

GMGN.AI focuses on providing insights into meme tokens across different blockchains, including Solana. It offers features like:

• Smart Money Tracking: See what successful wallets are doing.
• Real-Time Analytics: Get instant data and alerts.
• Security Checks: Identify potential risks like honeypots or high taxes.
• Automated Trading: (Requires Telegram link).
• Cross-Chain Capability: Trade across different networks.

If you're interested in digging deeper into BALL's performance and trading options, GMGN.AI has a dedicated page for the BALL token (using the contract address BALLrveijbhu42QaS2XW1pRBYfMji73bGeYJghUvQs6y). Just be aware they charge a flat 1% transaction fee.

Conclusion

POWERBALL (BALL) on Solana is an interesting take on the meme coin phenomenon, attempting to integrate an hourly lottery system. It generated significant initial buzz and trading activity. However, potential participants and investors should be acutely aware of the high volatility, the reported concentration of ownership, the reliance on trading volume for its lottery mechanism, and the general risks associated with unverified tokens and the fast-paced, often speculative, Solana ecosystem.

Always, always do your own thorough research before diving into any token, especially meme coins. Tools like GMGN.AI can provide data, but they don't eliminate the need for careful consideration and risk management.

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Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investing in cryptocurrencies, especially meme coins, is highly speculative and involves significant risk, including the potential loss of your entire investment. Always conduct your own research and consult with a qualified financial advisor.