Hey meme enthusiasts! Ever heard of a token that's trying to blend the wild world of meme coins with the utility of NFTs? Let's dive into Monkey Pox ($POX), a memecoin chilling on the super-fast Solana blockchain. Launched on August 28, 2024, POX isn't just another meme in the crypto space; it's trying to do things a bit differently.
What's the Buzz About Monkey Pox ($POX)?
Monkey Pox ($POX) markets itself as a community-driven token that's all about good vibes and, hopefully, some gains for its holders. Built on the secure and transparent Solana blockchain, POX aims to capture the internet culture spirit, mixing the fun of memes with the collectibility of NFTs.
Key Features to Know
- SPL-404 Token on Solana: POX is built as an SPL-404 token. Think of SPL-404 as a special type of token on Solana that can handle both fungible tokens (like your regular crypto coins) and non-fungible tokens (NFTs) in a more integrated way.
- Meme Meets NFT Magic: This is where POX gets interesting. It’s trying to bridge the gap between the hype-driven world of meme coins and the more practical applications of NFTs.
- Community First: Like many meme coins, POX lives and breathes by its community. Engagement and participation are key to its vibe.
- NFT Swapping – Cool Utility Alert!: Here’s a neat trick – you can actually swap NFTs for POX tokens and back again. Each NFT can be exchanged for 2 million POX tokens, offering instant liquidity for NFT holders in the POX ecosystem.
- DeFi Ready: POX plays well with others. Being compatible with decentralized exchanges (DEXs) that support MPL tokens means you can trade POX on various platforms, opening up trading opportunities.
- Earn While You HODL (Maybe): If you're into earning passive income, you can throw your POX tokens into liquidity pools on DEXs and compatible platforms. This helps keep trading smooth and can earn you rewards.
- Swap Tax – Keeping the Lights On: There's a 3.3% swap tax within the POX ecosystem. This tax goes into the project treasury, presumably to fund development and community initiatives.
POX Tokenomics: Numbers That Matter
Let's talk numbers, because in crypto, they kinda do.
- Total Supply: 1,000,000,000 POX – That's a billion POX tokens in total.
- Circulating Supply: Around 999,946,014.882 POX are floating around right now.
- Market Cap: As of late March 2025, we're looking at a market cap of about $4.233M. Market cap is basically the total value of all the POX tokens out there.
- All-Time High (ATH): POX hit a high of $0.0690 previously, though some sources say it was even higher at $0.0984 back on Sep 5, 2024. Keep in mind, meme coins can be volatile!
Performance Check: How's POX Doing?
As of late March 2025:
- Live Price: Around $0.005018 per POX.
- 24-Hour Trading Volume: About $11,439.30 changing hands in a day.
- Price Change (Today): Up by a solid +55.54% (as of March 25, 2025). Crypto moves fast!
POX Ecosystem: Where Does It Live?
- DEX Compatibility: POX works with any decentralized exchange (DEX) that supports MPL tokens. Think of DEXs as crypto marketplaces where you can trade directly with others, without a middleman.
- NFT Marketplaces: NFTs linked to the Monkey Pox project can be traded on NFT marketplaces that support core NFT collections on Solana.
What Can You Actually Do with POX?
- Swap NFTs for POX: As mentioned, a unique feature!
- Trade POX on DEXs: Buy, sell, trade POX on compatible decentralized exchanges.
- Provide Liquidity: Earn some potential passive income by adding your POX to liquidity pools.
Community Vibes
POX is all about community. A strong community can be a big deal for meme coins, driving interest and, potentially, price.
Smart Contract Address - Keep It Safe!
The official smart contract address for Monkey Pox is mpoxP5wyoR3eRW8L9bZjGPFtCsmX8WcqU5BHxFW1xkn
on the Solana blockchain. Always double-check addresses to avoid scams!
Heads Up: Risks and Things to Consider
Now, let's get real. Meme coins come with risks, and POX is no exception.
- Meme Coin Rollercoaster: Meme coins are famous for their volatility. Prices can swing wildly based on social media trends and internet hype.
- Speculative Play: POX's value is heavily based on community buzz and sentiment, making it a speculative asset. It's not necessarily tied to fundamental tech or real-world utility (besides the NFT swap).
- Market Shenanigans: The Solana meme coin scene has seen its share of market manipulation, including insider trading. Be cautious.
- Pump and Dump Alert: Meme coins, in general, can be susceptible to pump-and-dump schemes, where prices are artificially inflated and then suddenly crashed.
- High Risk = High Reward (Maybe): It's worth remembering that many meme coin investors reportedly end up losing money. Invest responsibly and only what you can afford to lose.
GMGN.AI - Your POX Trading Toolkit
Want to dive deeper into POX trading? GMGN.AI is a platform designed for tracking, analyzing, and trading meme tokens. It covers tokens across various blockchains, including Solana, and could be a useful tool for navigating the meme coin market.
GMGN.AI Key Features:
- Meme Token Specialist: Focuses on meme tokens across chains like Ethereum, Solana, Tron, Base, and Blast.
- Smart Money Tracking: See what successful wallets are doing – follow the "smart money" to spot potential opportunities.
- Automated Trading (Use with Caution!): Automate buys and sells, even copy strategies from top wallets. (Note: Requires Telegram linking via https://t.me/gmgnaibot?start=i_fV1R5sZ5)
- Security Checks: Identify potential risks like honeypots (scam tokens) or high transaction taxes.
- Cross-Chain Trading: Trade across different blockchains.
GMGN.AI and POX:
GMGN.AI has a dedicated page for POX, offering data and trading options: https://gmgn.ai/sol/token/fV1R5sZ5_mpoxP5wyoR3eRW8L9bZjGPFtCsmX8WcqU5BHxFW1xkn. It could be a helpful resource if you're considering trading POX.
Important Note about GMGN.AI: They charge a flat 1% transaction fee and claim no premium subscriptions are needed for their features. Official website is https://gmgn.ai/?ref=fV1R5sZ5&chain=sol.
Final Thoughts: POX – Meme Coin Evolution or Just Another Hype Cycle?
Monkey Pox ($POX) is an interesting experiment, trying to add a bit more substance to the meme coin craze with NFT integration and DeFi compatibility. Whether it's a long-term player or just another flash in the pan in the fast-paced crypto world remains to be seen. As always, do your own research, understand the risks, and meme responsibly!
Disclaimer: This is not financial advice. Crypto investing, especially in meme coins, is risky. Only invest what you can afford to lose.