what's Lobstar?
Lobstar is a Solana-based memecoin launched on the pump.fun platform, inspired by an AI-generated lobster character named Lobstar Wilde. The character, created by a developer reportedly from OpenAI, quickly acknowledged the token's creation on X, noting it as the fastest financialization of a creature in history. This viral narrative combines AI themes with lobster memes, driving early community interest.[[1]](https://pump.fun/AVF9F4C4j8b1Kh4BmNHqybDaHgnZpJ7W7yLvL7hUpump)[[2]](https://dexscreener.com/solana/AVF9F4C4j8b1Kh4BmNHqybDaHgnZpJ7W7yLvL7hUpump) As a standard SPL token, it utilizes pump.fun's bonding curve for fair launch mechanics, progressing to decentralized exchanges like Raydium upon completion. The project lacks formal documentation or utilities at launch, embodying the speculative, community-hype-driven nature of memecoins on Solana.
Received 5% of token supply allocated to a Claudebot trading wallet
Experienced a 60x price increase, ranking among notable movers in the meme coin sector.