Meme Insider
The PSYOP meme token has attracted attention on the Solana blockchain for its unique blend of speculative meme culture and community-driven NFT engagement. This article breaks down everything you need to know about PSYOP, from its core structure and tokenomics to the associated NFT collection, community sentiment, and major risks you should consider as a trader or researcher.
What is the PSYOP Token on Solana?
PSYOP is an SPL (Solana Program Library) meme coin that operates solely on the Solana blockchain. Don’t confuse it with the Ethereum-based PSYOP token, which faced significant controversy—this Solana variant is an entirely distinct project.
- Token Symbol: PSYOP
- Token Address: EFkiR1hE91BkqbxA3YxvYuvDxXTTEMea3zQs8ndbyTQY
- Token Type: SPL Token
Project Overview and Purpose
PSYOP brands itself as “The Greatest Crypto PSYOP,” leaning heavily into internet meme culture. What sets it apart is its integration with a community-driven NFT collection called PSYOP Scouts, where users engage with hidden symbols and creative storytelling. The project aims to mix speculative tokenomics with a rich cultural narrative, encouraging collective participation.
Tokenomics at a Glance
- Total Supply: ~994,604,456 PSYOP tokens (nearly all circulating)
- Market Capitalization: Around $108,582 to A$135,040 (data varies by platform)
- Fully Diluted Valuation: ~$235,910 (as of July 2025)
- All-Time High: Approximately A$0.000090 (July 12, 2025)
- Current Price: About A$0.000136 / $0.0002372 USD (July 2025)
- 24-Hour Trading Volume: $149.41 to $9,165.14 depending on the source
- Liquidity Pool: $68,030.97 (on Raydium)
Some crucial technical details:
- Mint Authority Disabled: No more tokens can be created.
- Freeze Authority Disabled: Tokens cannot be frozen by any authority, supporting decentralization.
- Liquidity Locked: This limits rug pull risks.
Initially, a single wallet held a massive portion (up to 95%) of the supply, raising centralization fears. However, more recent data shows distribution has improved, now involving around 987 unique holders.
Where to Trade PSYOP
PSYOP is listed on several major Solana DEXs, with the primary trading pair being PSYOP/SOL on Raydium. You’ll also find it available on Jupiter, Phantom, Soul Sniper, and Maestro Bot. Be aware: Coinbase does not support direct PSYOP trading (only tracking), and Phantom flags the token as “unverified”—a typical caution for newly launched or community-run meme coins.
- Current Exchange Rate: 1 PSYOP = $0.000001651 SOL
- 24-Hour Price Swing: Typical meme coin volatility; up +0.85% in a recent period
Caution: Always double-check the contract address—only use EFkiR1hE91BkqbxA3YxvYuvDxXTTEMea3zQs8ndbyTQY for PSYOP on Solana.
NFT Integration: The PSYOP Scouts Collection
A major feature of the PSYOP ecosystem is its NFT collection, PSYOP Scouts, which has more than 800 holders. These NFTs act as digital collectibles tied into the community narrative, but so far, there’s little evidence of additional “utility” like staking or governance.
Technical Security and Transparency
- Contract Audited: Reports show no major contract vulnerabilities, but audits are never 100% foolproof.
- Mint/Freeze Authority Renounced: Means the contract cannot be altered to create or freeze more tokens.
- Liquidity Locked: On Raydium, making it less prone to sudden developer rug pulls.
- Team Transparency: There’s no verifiable info about the project’s developers or roadmap—potential red flag for anyone used to more “official” projects.
Community and Social Buzz
- Holders: About 987 (as of July 2025)
- Active Channels: X (Twitter), Telegram
- Sentiment: A lively mix of hype (noting wild trading spikes, e.g., +624.6% in 5 minutes) and skepticism (concerns over previous centralization, unverified status, and meme coin risks).
Risks & Considerations
- High Volatility: As with most meme tokens, prices can swing rapidly—sometimes hundreds of percent in minutes.
- Unverified Token: On platforms like Phantom, PSYOP is flagged as unverified.
- Historical Centralization: Early stages saw one wallet holding nearly all tokens; while this has improved, always verify holder distribution.
- Transparency Issues: The absence of a clear team, roadmap, or whitepaper increases uncertainty.
- Audit Limitations: No audit can guarantee absolute safety.
Tip: Practice extra caution. Always conduct your own research and avoid investing more than you can afford to lose.
How Does PSYOP Compare to Other Meme Tokens?
Compared to similar meme and micro-cap tokens like SALT, ODEM, and TenX, PSYOP stands out for its NFT integration but offers limited utility beyond trading and community participation. Unlike PSY (PsyOptions), which is governance-focused, PSYOP’s main appeal is speculative.
Recommendations for Different Users
- Investors: Only trade PSYOP on trusted DEXs like Raydium and always verify contract addresses via Solscan.
- Researchers: Track community updates on X and Telegram, and use data aggregators like CoinGecko for real-time info.
- Developers: Explore the use of SPL tokens and NFT mechanics for creating similar community-focused or experimental crypto projects.
Final Thoughts
The PSYOP token on Solana exemplifies both the promise and peril of meme coins—high engagement and innovation mixed with transparency gaps and speculative risk. Always approach with a healthy dose of skepticism and keep your exposure small until you’re comfortable with the project’s evolving story.
This overview is based on publicly available data as of July 20, 2025. Always cross-check information with trusted blockchain explorers and consider all the risks involved in trading meme tokens.
