The BOOP token on the Solana blockchain is making waves in the meme coin space. Unlike many fleeting meme tokens, BOOP is tied to a platform called boop.fun, which aims to empower creators and foster community engagement through a playful, dog-themed ecosystem.
What Is BOOP Token?
BOOP is a community-driven meme coin built on Solana, known for its low fees and fast transactions. The project embraces a “pure dog joy” philosophy, blending memes with decentralized finance (DeFi) to make crypto more accessible.
Key Features of BOOP
- Decentralized & Fair Launch: No presale, zero transaction taxes, and a renounced contract.
- Creator-Centric Platform: Tools for launching community tokens and engaging audiences.
- Staking Rewards: Stake BOOP to earn new tokens (5% of supply) and a share of SOL fees (60%).
- Omnichain Vision: Plans to expand beyond Solana to networks like Arbitrum and Base.
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BOOP Tokenomics
Metric | Details |
---|---|
Token Symbol | BOOP |
Blockchain | Solana |
Total Supply | 100,000,000,000 BOOP |
Circulating Supply | ~99.6B BOOP (as of May 2025) |
Team Allocation | 10% (locked for 6 months, then linear release) |
How Staking Works
Stakers receive:
1. Free New Tokens – 5% of launched tokens.
2. SOL Fee Sharing – 60% of liquidity pool fees.
3. Graduation Rewards – 10% bonus when tokens hit 400 SOL market cap.
Market Performance & Volatility
- Price Range: $0.000001196 – $0.00002279 (May 2025).
- All-Time High (ATH): ~$0.63 (significant drop since peak).
- Trading Platforms: Primarily Raydium (BOOP/SOL pair) and CoinEx.
Risks to Consider
- High Volatility – Meme coins can surge or crash rapidly.
- Regulatory Uncertainty – Crypto regulations may impact Solana tokens.
- Security Risks – Always verify contract addresses and use secure wallets like Phantom.
- Hype Dependency – Success hinges on community engagement.
FAQs
1. Is BOOP a good investment?
Meme coins are highly speculative. Only invest what you can afford to lose.
2. Where can I buy BOOP?
Trade on Raydium or CoinEx using a Solana-compatible wallet.
3. How does staking BOOP work?
Stake BOOP to earn new tokens and SOL fees via boop.fun.
4. Is BOOP audited?
The contract is renounced, but independent audits aren’t widely publicized.
5. What’s the long-term vision for BOOP?
Expansion to multiple blockchains and deeper creator monetization tools.
Final Thoughts
BOOP combines meme culture with DeFi incentives, but its future depends on sustained community growth. Always DYOR (Do Your Own Research) before investing.
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Data reflects May 2025 metrics. Prices and trends may change.