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THOT Token on Solana: What You Need to Know About This New Meme Coin

THOT Token on Solana: What You Need to Know About This New Meme Coin

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

Let's dive into the details of the THOT token, a fresh face popping up on the Solana blockchain. Solana is pretty popular for meme coins thanks to its speedy transactions and low fees. This report breaks down what we know about THOT based on publicly available info as of early May 2025.

Think of THOT as a classic meme coin. These tokens are usually driven by internet trends, community hype, and speculative trading rather than having a complex project or real-world use right out of the gate.

Token Basics

  • Token Symbol: THOT
  • Token Address: Ds1K683crskEEqyvpnwpYU1nF3qxjn1QmanRn52Zpump
  • Blockchain: Solana
  • Token Standard: It follows the SPL Token standard, which is how tokens work on Solana.
  • Decimals: THOT has 6 decimal places.
  • Authority: The token is managed by the Pump.fun Token Mint Authority.
  • Creator: The creator is identified as Gork, associated with the address CRRynw...9WPU28.
  • First Mint/Launch: The token was very recently minted, with the first mint happening around April 30, 2025, specifically noted around 21:10 UTC or the afternoon PDT. It was launched on Pump.fun, a platform designed for easily launching meme coins on Solana.

Market Snapshot (around April 30, 2025)

Because THOT is brand new and a meme coin, its market numbers were all over the place very quickly. Here's a look at some figures observed:

  • Price: Around $0.0002371 was reported on platforms like Dexscreener, though another source, Moralis, showed a different, lower price, highlighting the extreme volatility.
  • Liquidity: Varied, seen around $54K and between $32.90K and $97.56K. Liquidity is the amount of tokens available for trading in a pool; lower liquidity can mean bigger price swings when large orders come in.
  • Market Cap / FDV: Ranged wildly from about $92.65K to over $705K. The Fully Diluted Valuation (FDV) was also around $237K initially and saw rapid surges. Market cap is basically the total value of all tokens at the current price.
  • Trading Volume (24h): High activity, reaching up to $1.9M - $2.42M. This shows lots of buying and selling happening quickly after launch.
  • Holder Count: Grew from about 202 to over 610 holders within hours of launch.

Where to Trade and Track THOT

THOT is mainly traded on decentralized exchanges (DEXs) on Solana. Since it launched on Pump.fun, it's tied to Raydium, a major Solana DEX, which provides the liquidity pool (like the pool of THOT and SOL tokens you trade against). You can track its real-time price and trading history on sites like Dexscreener. Other Solana DEXs like Orca are also places where SPL tokens might be traded.

For serious meme coin traders, platforms like GMGN.AI offer advanced tools to track tokens like THOT. GMGN.AI helps analyze meme tokens across blockchains, track "smart money" wallets, and offers automated trading features (though linking a Telegram account is required for automation). You can find THOT's dedicated page on GMGN.AI here.

Community and Buzz

As a meme coin, THOT's lifeblood is its community and online buzz. It quickly gained traction with mentions on X (formerly Twitter), where early traders and promoters highlighted its rapid price movements and volume. The sentiment online mixed hype and promotion ("quick buy!") with cautionary notes about its risk. The provocative name "THOT" likely plays a role in grabbing attention in the crowded meme coin space. However, no official social media channels like a dedicated Twitter account, Telegram, or Discord group were clearly identified, which is a bit unusual.

A significant concern raised is the developer potentially still holding a large portion of the tokens, which can lead to centralization risks or even a "rug pull" (where developers sell off their holdings, crashing the price). The lack of an official website or clear developer team adds to this opacity.

Risks to Consider

Investing in THOT, like most meme coins, comes with big risks.

  • High Volatility: Prices can skyrocket or crash in minutes based on social media trends or whale activity.
  • Lack of Utility: Without a stated purpose or use case, THOT's value is purely speculative. It relies entirely on demand driven by hype.
  • New Token Risk: Being so new, THOT doesn't have an established history. New tokens are often targets for scams.
  • Potential Rug Pull: The reports about the developer holding tokens are a serious red flag.
  • Low Liquidity: While $54K liquidity might seem okay for a fresh coin, it's low enough that large buy or sell orders can significantly impact the price (slippage).
  • Transparency: There's no public info on the total supply, how tokens are distributed, or if the code has been audited. A credible audit is important for checking for vulnerabilities or hidden functions in the token contract.
  • Solana Network Risks: The Solana blockchain itself has experienced network outages in the past, which could affect trading accessibility. Also, there's regulatory uncertainty, as the U.S. Securities and Exchange Commission (SEC) has alleged that Solana's native token, SOL, is a security (as noted on Wikipedia's Solana page), which could potentially impact tokens like THOT.

What's Next for THOT?

In the short term, THOT's price will likely continue to be incredibly volatile, driven by hype, social media trends, and speculative trading. If the community grows stronger and keeps the buzz going, it might see more pumps. However, without a clear purpose or improved transparency, the long-term outlook is uncertain. Many meme coins fade away after the initial excitement dies down.

For THOT to potentially last longer, it would need a dedicated community driving utility or development, which isn't apparent right now. It's operating in a very crowded space of Solana meme coins.

Recommendations for Potential Investors

If you're thinking about THOT (or any meme coin), seriously consider this:

  1. Do Your Own Research (DYOR): Don't just follow the hype. Use tools like Solscan or SolanaFM to look at the token's activity on the blockchain. See who holds it and how many transactions are happening. THOT is not yet verified on major platforms like CoinMarketCap, so be extra careful about misinformation.
  2. Understand the Risk: THOT is a gamble. Only put in money you can afford to lose completely. This isn't a traditional investment.
  3. Watch Social Media: Keep an eye on platforms like X for what people are saying, but be aware that much of it will be hype or promotion. Look for warnings too.
  4. Use Secure Wallets: If you decide to trade, use a reputable Solana wallet like Phantom.
  5. Stay Informed: Keep up with the status of the Solana network and any regulatory news.

Conclusion

The THOT token on Solana is a very recent meme coin launch marked by high volatility and significant speculative trading activity shortly after its creation on Pump.fun. While it grabbed attention online, its lack of utility, transparent developer information, and verified tokenomics mean it comes with substantial risks, including the potential for rapid price crashes or even a rug pull. Anyone considering interacting with THOT should proceed with extreme caution and conduct thorough personal research. Its future success, if any, will depend heavily on sustained community interest and market sentiment, but its long-term prospects are highly speculative.

You can monitor THOT's activity and liquidity directly on blockchain explorers like Solscan or trading platforms like Raydium via its Pump.fun integration.

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