Hey meme coin enthusiasts! Ever heard of a crypto token inspired by a cosmic horror creature and the anxieties around Artificial Intelligence? Let's talk about Shoggoth (SHOGGOTH)​, a meme token swimming in the Solana sea that's been making waves with its unique concept.

You might be scratching your head – Shoggoth? Isn't that some monster from H.P. Lovecraft's stories? You're spot on! Shoggoth, in Lovecraft lore, is this shapeless, protoplasmic blob – kind of creepy, right? Well, in the crypto world, it's become a symbol, a meme, especially in the AI circles. Think of it as a playful nod to the idea that AI could become this unpredictable, shapeshifting force. The New York Times even called it "the most important meme in AI"!

So, Shoggoth the token takes this idea and runs with it. Launched on the super-fast and low-fee Solana blockchain, it's aiming to be more than just your average dog or cat meme coin. It's tapping into a bit of intellectual intrigue, blending pop culture with blockchain tech.

What is Shoggoth Token? The Basics

• Token Name: Shoggoth
• Ticker Symbol: SHOGGOTH
• Blockchain Home: Solana
• Contract Address: H2c31USxu35MDkBrGph8pUDUnmzo2e4Rf4hnvL2Upump (This is like its digital address on Solana)
• Decimal Places: 6 (Just technical stuff for how it's divided)
• Minting Power: Controlled by Pump.fun Token Mint Authority (Basically, they created it)
• Creator: Someone with the wallet address Ah3NmL...xQv6CS kicked it off.
• Birthday: October 16, 2024 – it's still pretty young in crypto years!
• Vibes: Meme, Pump.fun (a platform for launching tokens), and definitely Image-based.
• Total Supply: Around 1 billion SHOGGOTH tokens. That's all there ever will be.

The Story Behind the Blob: Origins and the AI Angle

Forget Shiba Inus for a second. Shoggoth is different. It's pulling from the Shoggoth meme that popped up in 2023. This meme resonated with folks in AI research and tech because, in Lovecraft's Cthulhu Mythos, these Shoggoths were created to be workers but then got all self-aware and rebelled. Sounds familiar to anyone worried about AI going rogue?

Shoggoth token plays on this. It's a fun, slightly spooky way to think about the mysteries and maybe unpredictable nature of AI. It's definitely a more narrative-driven meme coin than most, appealing to people who are into tech ethics, AI development, and maybe even a bit of classic horror literature.

How's Shoggoth Doing in the Wild? Market Buzz

Let's talk numbers (as of April 7, 2025):

• Price Tag: Around $0.002585. Prices in crypto can jump around like crazy, so always check real-time data!
• Market Cap (Market Size): About $2.57 million. This is the total value of all Shoggoth tokens.
• Trading Volume (Last 24 hours): Roughly $1.099 million. Shows how much it's being bought and sold.
• Price Swings: Meme coins are famous for being volatile! Shoggoth is no exception. It might be down one day, up the next. For example, it dipped about 12% in 24 hours but was up 8% over the week leading up to April 7, 2025. Always expect a rollercoaster!

Where to Trade Shoggoth:

You can find Shoggoth on both centralized and decentralized crypto exchanges. Think of centralized exchanges like traditional stock exchanges but for crypto, and decentralized ones as more community-run marketplaces.

• LBank: Seems to be the most popular spot right now, especially the SHOGGOTH/USDT pair.
• Raydium: A decentralized exchange on Solana, a good option for those in the Solana ecosystem.
• XT.com: Another exchange where you can trade SHOGGOTH.
• GMGN.AI: If you're serious about meme token trading, GMGN.AI is a platform specifically designed for analyzing and trading meme tokens across different blockchains, including Solana. They even have a dedicated page for Shoggoth! They offer tools like smart money tracking and automated trading to help you navigate the meme coin world.

Community Love and Social Buzz

No meme coin is complete without a strong community hyping it up!

• Shoggoth has a dedicated community that's all about spreading the word.
• Find them on X (formerly Twitter) at @Shoggoth_SOL and Telegram.
• They've even got a meme generator to keep the Shoggoth visuals going strong. Memes are the lifeblood of meme coins!
• In the Chinese crypto community, they affectionately call Shoggoth "the Octopus" (章鱼 - Zhangyu).
• The official Shoggoth Twitter account follows a bunch of crypto influencers (KOLs) in both English and Chinese, showing they're trying to reach a wide audience.

Tokenomics and "Usefulness" (Meme Coin Style)

• Fixed Supply: Remember that 1 billion token limit? That's meant to create scarcity.
• Fair Launch Vibe: They aimed for a distribution that wasn't just a few whales scooping everything up at the start.
• Utility? (Meme Coin Edition): Okay, let's be real, meme coins aren't usually about real-world utility like paying your bills. But Shoggoth holders might get some perks, like governance rights (maybe voting on community decisions) and access to special community features. It's more about being part of the Shoggoth movement.

Heads Up! Risks and Things to Consider

Meme coins are fun, but they are definitely not without risk.

• Super Volatile: We mentioned the price swings. Be ready for big ups and downs.
• Speculative Hype: The price is mostly driven by social media trends and community buzz, not necessarily real-world adoption or earnings.
• Meme Coin Arena is Crowded: There are tons of meme coins out there. Competition is fierce.
• Crypto Regulations: Governments are still figuring out crypto rules. Changes in regulations could impact meme coins too.
• Market Mood Swings: If the overall crypto market has a bad day, meme coins like Shoggoth can get hit hard.

Success Stories (Grain of Salt Alert!)

You might hear stories of people making crazy money on meme coins. One example mentioned is a trader who turned a $1,548 investment in Shoggoth into over $1 million in under a month! These stories are exciting, but remember:

• These are exceptions, not the rule.
• Meme coin investing is super risky. You could lose your money just as easily (or more easily) than making a fortune.

AI + Memes = A Crypto Trend

Shoggoth isn't alone. There's a growing trend of AI-themed meme coins. It's where the hype around AI meets the wild world of crypto. It's definitely grabbing attention from both techies and crypto traders.

Shoggoth: Blob or Boom? Final Thoughts

Shoggoth (SHOGGOTH) is a Solana-based meme token that's doing something a bit different. It's tapping into Lovecraftian horror and AI anxieties, creating a unique vibe in the meme coin world. It's got community hype, it's on the fast Solana blockchain, and it's got that meme coin potential for big (but risky!) gains.

If you're intrigued by AI, meme culture, and crypto, Shoggoth might be one to watch. But remember, meme coins are high-risk, high-reward. Do your own research, understand the risks, and never invest more than you can afford to lose.

Important Disclaimer: This is not financial advice! Crypto investing is risky. You could lose all your money. Always do your own thorough research and talk to a financial advisor before making any investment decisions.

This report is for Meme Insider readers to help you understand the Shoggoth token and its place in the meme coin universe. Happy memeing (and trading responsibly)!