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Spitcoin (SPIT) on Solana: Tokenomics, Risks, Liquidity, and How to Buy

Spitcoin (SPIT) on Solana: Tokenomics, Risks, Liquidity, and How to Buy

Editor's Pick: Check Spitcoin's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

TL;DR

  • Spitcoin (SPIT) is a meme coin on Solana with the address hC16Tp4jsvU7oi9hGz4Q142FubFxNza6ParQSMkbonk.
  • Launched around Aug 10, 2025, reportedly via the Raydium Launchpad.
  • Data across trackers conflicts (common for new meme tokens): market cap ranges from tens of thousands to a few hundred thousand USD; prices and supplies vary by source.
  • Liquidity is relatively small but reported as locked on Raydium; minting disabled (“NoMint”).
  • No confirmed CEX listings; trading mainly on DEXs like Raydium. Always verify the contract address.
  • High risk: extreme volatility, sniper bot activity, unverified token status on some trackers, and moderate holder concentration.

What is Spitcoin?

Spitcoin (SPIT) is a meme-driven token on Solana designed around playful, “teasing” meme culture and community vibes. Meme coins typically rely on social momentum rather than deep utility, so they can move fast—both up and down.

  • Symbol: SPIT
  • Address: hC16Tp4jsvU7oi9hGz4Q142FubFxNza6ParQSMkbonk
  • Decimals: 6
  • First mint: Aug 10, 2025 (per on-chain trackers)
  • Launch context: associated with the Raydium Launchpad
  • Branding: meme-first, with references to playful communities like letsbonk.fun

Note: Some sources mark SPIT as an unverified token. That doesn’t automatically mean malicious—it means you should double-check details and proceed carefully.

Tokenomics at a Glance

Conflicting numbers are common right after launch. Here’s what multiple trackers currently show:

  • Total supply: commonly reported as 1,000,000,000 SPIT (1B), though some sources earlier showed 55.23M (likely outdated snapshots)
  • Circulating supply: near the full supply on some trackers (e.g., ~1B)
  • Burn: some tokens reportedly burned (amount not specified)
  • Top 10 holders: ~22.7% (moderate concentration)
  • Dev allocation: ~0.19% (low)
  • NoMint: enabled (no new tokens can be minted)
  • Blacklist: none reported
  • Creator balance: minimal on-chain

What these flags mean:

  • NoMint: the supply can’t be increased by the creator.
  • Liquidity lock: LP tokens are locked to reduce rug-pull risk, but this does not remove all risks.
  • Holder concentration: a few large wallets can still move the market.

Check live data on Solscan and OKX Web3.

Market Data and Volatility

Prices, caps, and volumes vary widely across sources (a hallmark of early meme coins):

  • Price snapshots span roughly $0.00002965 to $0.0003691 on different trackers, with earlier highs up to ~$0.00156 during initial spikes.
  • Market cap ranges from ~$50K to ~$369K depending on the feed and timing.
  • 24h volume around ~$113K with ~1,900+ transactions reported on Raydium.
  • Liquidity: ~$25.7K to ~$46K; some trackers say 100% of the Raydium pool is locked.

Volatility is extreme. Some feeds reported +1,128% intraday moves while others showed -65% in a day. Always use multiple sources like GeckoTerminal, Solscan, and DEX analytics before acting.

Trading, Liquidity, and Pairs

  • Main venue: Raydium (SPIT/SOL)
  • Other mentions: PumpSwap and swapping via Phantom
  • CEX listings: none confirmed at the time of writing; OKX TR provides guides/methods to buy via Web3
  • Liquidity notes: Some sources show active Raydium pools while others flag certain pairs (e.g., SPIT/USDT CPMM) as inactive—so liquidity can be fragmented by pair.

Where to trade SPIT (always verify the address: hC16T…bonk):

How to Buy SPIT (Step-by-Step)

  1. Set up a Solana wallet
  2. Fund with SOL
    • Buy SOL on your preferred exchange, then withdraw to your wallet.
  3. Connect to a DEX
    • Open Raydium and connect your wallet.
  4. Import the token
    • Paste the SPIT contract: hC16Tp4jsvU7oi9hGz4Q142FubFxNza6ParQSMkbonk. Double-check the address matches.
  5. Choose the pair and set slippage
    • Trade SPIT/SOL. Start with modest slippage (e.g., 0.5–1.5%). Volatile pairs may need higher slippage—use caution.
  6. Swap and confirm
    • Approve in your wallet, then add the token to your wallet’s visible list.
  7. Track your position

Security and Risk Checklist

Before trading, run through this quick list:

  • Contract verification
    • Verify the exact address on Solscan.
  • Mint status and LP lock
    • Confirm “NoMint” and whether liquidity is locked (LP lock helps deter rug pulls).
  • Holder distribution
    • Check top holders and whale clustering on tools like Bubblemaps.
  • Creator and dev holdings
    • Minimal creator balance reduces dump risk, but not market risk.
  • Bot and sniper activity
    • High bot activity can drive pumps/dumps shortly after launch.
  • Read external risk reports
    • Review third-party audits/assessments if available, e.g., QuillCheck.
  • Liquidity and volume health
    • Thin liquidity can cause slippage and sharp wicks—size positions accordingly.

Important: Some sources mark SPIT as “unverified.” Treat this as a red flag to double-check everything and size with caution.

Community and Social Signals

  • Holders: reported in the low hundreds (varies by tracker from ~181 to ~720 shortly after launch).
  • Narrative: community-first meme coin with playful, “teasing” memes; association with letsbonk.fun.
  • Socials: no confirmed official channels surfaced in sources; lack of official comms can slow momentum and transparency.

Meme tokens tend to live or die by community energy. If you can’t locate official socials, engage extra caution.

Key Takeaways

  • Early-stage meme coin with extreme volatility and conflicting data across trackers (normal for fresh launches).
  • Positive signals: NoMint, reported 100% LP lock on Raydium, low dev allocation.
  • Risks: unverified token flags, moderate holder concentration, sniper bot activity, and small liquidity pools.
  • Access: primarily DEX-based (Raydium, swaps in Phantom, PumpSwap), plus monitoring/trading via analytics platforms including GMGN.ai.

Useful Links

Disclaimer: This article is for information only and not financial advice. Meme tokens are highly volatile and risky. Always do your own research and only risk what you can afford to lose.

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