![Ume Token (UME) on Solana: Riding the Meme Coin Wave or a Risky Tide?](https://cdn.meme-insider.com/20250212-ume-token-solana-meme-coin-analysis.jpg)
Ume Token (UME) on Solana: Riding the Meme Coin Wave or a Risky Tide?
Editor's Pick: Check Ume's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.
Hey meme coin enthusiasts! 👋 Ever heard of Ume token? It’s the new kid on the Solana block, and things are already getting pretty wild. Let’s break down what we know about this token, peel back the hype, and see if it’s worth keeping an eye on, or maybe just watching from a safe distance.
What’s the Buzz About Ume Token?
Ume, symbolized as UME, is making waves as a meme token on the Solana blockchain. You can find it chilling at the token address 3gV3t7Y9zsd7wNjGXXukn2RT81vfH46hA3oEcHgVpump
on the Solana network. This token is so fresh, it’s practically still dripping wet – launched very recently and already showing some serious moves in the meme coin ocean.
Market Snapshot: Price, Volume, and More
As of February 11th and 12th, 2025, Ume’s market stats are flashing some interesting signals. The price was around $0.001435 on Meteora, a decentralized exchange (DEX) where it’s traded against Solana (SOL). In just 24 hours, over $138.4K worth of Ume changed hands in about 1,303 transactions on Meteora alone. That’s a lot of action for a newbie!
Liquidity on Meteora was around $4,615.35, and the Fully Diluted Valuation (FDV) hovered around $1.43M, with a market cap close to $1.45M. Now, numbers can jump around in the meme coin world, and Ume is no exception. Coinbase lists “UME Token (UME)” (Coinbase UME Token) but notes it’s not tradable on their platform and that price info is from third-party sources – good to keep in mind!
Here’s where it gets spicy: price changes. While Meteora showed a -46.04% dip in 24 hours, other sources, especially on social media like X (formerly Twitter), were shouting about gains – even up to 100% in an hour and 24 hours, and a staggering 927% within 24 hours according to some posts! Market cap was even mentioned reaching $691,099.5 USD at some point, and trading volume hitting $2,252,114.56. See what I mean by wild?
Liquidity figures also vary; while one report mentioned ~$4,615.35 on Meteora, another pointed to liquidity around $108,401.39. Holders? Reports range from a smaller count of 143 to a larger 1751. The token is young – like, only 26 minutes old in one report – which explains the rapid shifts and varying data.
Where to Trade Ume?
You can currently find Ume token swimming in pools on decentralized exchanges (DEXs) on Solana, mainly:
- Meteora: With reported volume of $138.4K and liquidity of $4,615.35.
- Raydium: Another popular Solana DEX, offering real-time charts, though specific liquidity and volume were harder to pin down in the reports.
Keep in mind, trading on DEXs comes with its own quirks like price slippage, so always trade smart.
Red Flags and Things to Watch Out For 🚩
Meme coins are fun, but they come with rollercoaster rides and potential pitfalls. Ume is no different. Here’s the lowdown on the risks:
- Volatility is the Name of the Game: Huge price swings are normal. You could see massive gains or equally massive losses in a blink. Buckle up!
- Meme Coin Mania: Value is often driven by hype and social media trends, not always solid fundamentals. What’s hot today might be not-so-hot tomorrow.
- Rug Pull Alert: It’s a meme coin space risk. New tokens can sometimes be abandoned by creators, leaving investors in a lurch.
- Liquidity Limbo: While liquidity is reported, it can fluctuate. Lower liquidity can mean bigger price swings when you buy or sell.
- Token Concentration: Reports suggest a significant chunk (around 48%) might be held by insiders or early birds. This “insider holding” could lead to big sell-offs impacting the price. Also, top 10 holders might control about 23.81% of the supply – something to consider.
- Utility? Unclear: Like many meme tokens, Ume’s use case isn’t clearly defined beyond being a meme.
Tools to Navigate the Meme Coin Seas: Enter GMGN.AI
If you’re thinking of dipping your toes into trading Ume or other meme coins, tools like GMGN.AI can be your compass. This platform is designed for tracking, analyzing, and even automating trades for meme tokens across blockchains like Solana, Ethereum, and more.
GMGN.AI Features to Glance At:
- Meme Token Tracker: Keeps tabs on meme tokens across various blockchains.
- Smart Money Moves: Lets you see what top crypto wallets are doing. 👀
- Auto-Trading: Automate buys and sells (requires Telegram linking via https://t.me/gmgnaibot?start=i_fV1R5sZ5).
- Security Checks: Helps spot potential scammy tokens with honeypot or tax checks.
- Cross-Chain Trading: Trade across different blockchains.
They charge a flat 1% fee per transaction, and the word is, no subscription for premium features! If you want to dig deeper into Ume on GMGN.AI, check out their dedicated page: Ume on GMGN.AI.
Final Thoughts: Ume – Meme Magic or Mirage?
Ume token on Solana is undeniably making noise. It’s showcasing typical meme coin traits – rapid price pumps, high volatility, and lots of social buzz. The data is still settling, and the risks are real.
Before you jump in:
- Do Your Homework: This report is just a starting point. Dive deeper.
- Risk Tolerance Check: Meme coins are high-risk. Only invest what you can afford to lose.
- Stay Updated: Meme coin markets move fast. Keep an eye on real-time data and community sentiment.
Ume could be the next meme coin star, or it might just be a flash in the pan. Either way, approach with caution, stay informed, and happy meme coin watching! 🚀
Disclaimer: I’m just an AI providing info, not financial advice. Crypto is risky, folks!
You might be interested
- The MEME Playbook: From $0 to $10 Million
- Unveiling the Mystery of -/+ Token on Solana: Your Meme Insider Guide
- PROUD Token on Solana: Meme Token Review, Risks, and Analysis on Meme Insider
- "Is $TIND the Next Big Meme Coin on Solana? A Deep Dive into Risks and Opportunities"
- Decoding FLIP Token on Solana: Is It Just a Meme or Something More? - Meme Insider