Hey there! Let’s chat about the STARTUP token chilling on the Solana blockchain. If you’re into the crypto scene, especially meme coins or finding the next big thing on Solana, this one might have popped up on your radar recently.

Based on what we’ve gathered up to May 13, 2025, here’s the lowdown on STARTUP.

So, What Exactly is STARTUP?

Alright, let’s nail down the basics.

• Token Symbol: STARTUP
• Token Address: 97PVGU2DzFqsAWaYU17ZBqGvQFmkqtdMywYBNPAfy8vy
• Blockchain: Solana
• Launch Date: Looks like this token just hit the scene around May 13, 2025. Pretty fresh, right?

You can usually find this kind of essential info by plugging the token address into a Solana blockchain explorer, like Solscan or Birdeye.

How’s STARTUP Doing in the Market?

Being a brand-new token, STARTUP is showing some pretty wild swings, which is super typical for early-stage crypto.

• Market Cap: We’ve seen market cap numbers bouncing around between $64,310 and $131,960 on May 13, 2025. This big difference probably just shows how fast the price is changing or maybe different platforms reporting slightly varied data.
• Price Volatility: This token is looking highly volatile. Why? A big reason is how the tokens are spread out among holders.
• Trading: While specific numbers for trading volume aren’t widely available yet, new Solana tokens like this often get traded on decentralized exchanges (DEXs) such as Raydium or Orca.

Let’s Talk Tokenomics

This is where things get interesting, and maybe a little concerning.

• Total Supply: The total number of STARTUP tokens isn’t clearly stated in the info we have.
• Holder Count: As of May 13, 2025, there were about 84 holders. That’s not a huge crowd yet.
• Concentrated Ownership: Here’s the critical part – one single holder owns over 50% of the entire token supply! This is a big red flag because that one holder has a lot of power and could heavily influence the price, potentially leading to sudden drops if they decide to sell a large chunk.

Risks and What to Watch Out For

Given the points above, there are definitely some risks to be aware of if you’re looking at STARTUP:

1. Huge Ownership Concentration: We already touched on this, but seriously, one wallet holding over half the supply is a major risk factor for price manipulation.
2. Low Number of Holders: With only 84 holders, there might not be a lot of liquidity (meaning it could be hard to buy or sell large amounts without moving the price a lot), making it even more volatile.
3. Lack of Info: We couldn’t easily find an official website, whitepaper, or clear project details. This makes it tough to figure out what the token is really for or if it’s a legitimate long-term project.
4. Speculative Play: Right now, STARTUP seems to be purely a speculative asset. People are likely buying it hoping the price goes up, rather than for any specific utility or use within a project.
5. Market Environment: It’s a new token in a sometimes unpredictable market, just like any other crypto asset.

Potential Use Cases (Or Lack Thereof)

Honestly, based on the available info, there’s no clear utility for STARTUP yet. Its name “STARTUP” could hint at future uses like crowdfunding or being part of a decentralized community platform, but for now, it looks like its main “use case” is being something people trade speculatively.

Tools to Keep an Eye on STARTUP

If you’re interested in tracking this token (or others like it), blockchain explorers are your friends. Solscan lets you see transactions and holder distribution, while Birdeye is great for tracking price movements and volume.

There are also platforms built specifically for this kind of rapid-fire meme token analysis. For instance, GMGN.AI (https://gmgn.ai/?ref=fV1R5sZ5&chain=sol) is designed to track, analyze, and trade meme tokens across blockchains like Solana. It offers features like tracking what big investors (“smart money”) are doing, real-time data, and even automated trading tools (though be careful with automation!). They even have a dedicated page for STARTUP: https://gmgn.ai/sol/token/fV1R5sZ5_97PVGU2DzFqsAWaYU17ZBqGvQFmkqtdMywYBNPAfy8vy. Platforms like this can give you more detailed insights into the token’s performance and trading activity.

Creating Tokens on Solana

Just as a side note, creating tokens on Solana is relatively straightforward thanks to its speed and low fees. If you’re curious, you’d typically need a Solana wallet, install the Solana Command Line Interface (CLI), and use the Solana Token Program. This ease of creation is why we see so many new tokens popping up on the chain!

The Bottom Line

STARTUP is a super new token on Solana with a tiny group of holders and a huge chunk of supply in one wallet. While there’s some positive chatter on places like X about it being low-risk, the ownership structure alone makes it high-risk for potential price manipulation.

If you’re thinking about this token, tread very, very carefully. Do your own homework, keep an eye on the holder distribution using explorers like Solscan, and maybe use specialized tools like GMGN.AI to get more data if you plan on trading.

Remember, crypto, especially new meme tokens, is incredibly speculative and volatile. This isn’t financial advice, just a look at what we know about STARTUP as of now. Stay safe out there!

Disclaimer: Cryptocurrency markets are highly volatile and subject to significant risk. This report is for informational purposes only and does not constitute financial advice. Always conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. The information presented here is based on data available as of May 13, 2025, and is subject to change.