what's gooncoin?
Gooncoin is a cryptocurrency token built on the Solana blockchain, designed to support innovative projects and ideas within the community. Its founding principle revolves around fostering a fun and engaging trading experience while allowing builders to bring their concepts to life through a robust funding mechanism. This token aims to create an environment where community participation catalyzes growth, ensuring that anyone with a good idea can quickly gain the backing they need. As a Solana-based asset, Gooncoin can be traded on decentralized exchanges supporting Solana tokens. It features a dynamic transaction fee structure to promote stable trading conditions and includes mechanisms like contract metadata management, though users should exercise caution due to potential changes by the contract creator.
Despite a significant market cap decline, the asset continues to demonstrate high velocity and recently touched a new local high, even with prior plans for a burn mechanism, potential airdrops, and an upcoming Pumpfun launch.
contract
solana
Launched on February 14th (Valentine's Day).
Liquidation event is live on @oneshotbid platform.
Asset touches new local high of 1.4M before retracing to 600k level.
Market cap experiences 98.6% decline from $70M to $1M amid broader launch ecosystem weakness.
Asset demonstrates exceptional velocity, approaching $1M milestone faster than competitor AGI in initial trading hour.
Token achieves 76% growth to $60M market cap; faces potential catalyst from upcoming Pumpfun launch.
Token implements regular burn mechanism and announces potential holder airdrops.
Asset demonstrates strong reflexivity with 250% upward movement, correlating with Launchcoin while maintaining favorable liquidity profile.
Currently up 69.1% in 24h small cap gainers list.
Token has a $34M market cap and is positioned alongside major competitor Startup in the meme segment.
Top 3 position on platform with $450M combined trading volume over 2 days, while trading 80% below ATH indicates significant market activity and potential repricing opportunity.
Whales are executing coordinated price suppression through spoofing tactics on exchanges, creating artificial selling pressure.
Notable trader identifies token as one of 4 key meme projects in current meta, highlighting intentional supply distribution strategy.
Token surges 150% on Believe app platform
Token reaches $43M market cap and is part of Launchcoin ecosystem
Achieved 2nd rank position on believe platform
Market cap surges from $400K to $20M, representing 50x growth within 24 hours.