Bitcoin breaks $100,000, Ethereum stands above $2,500, is Solana's heat about to return again?
The current market is in a state of macro euphoria, and GOONC is at the forefront today, skyrocketing 10 times in just a few hours, with a market cap approaching $10 million and trading volume exceeding $50 million. There are rumors that the developers may come from OpenAI (though unconfirmed, it's certainly eye-catching).
The "gooning" culture in the forum
An absurd yet real Solana meme that people are actually buying into.
GOONC is a meme coin that has emerged from the "gooning" subculture. It offers no technological innovation and has no practical use; its sole function is speculation.
Its inspiration comes from an NSFW term "gooning," which refers to a person being deeply immersed in certain content for an extended period (you know what I mean), ultimately entering a near-religious, psychedelic state.
On Reddit (such as r/GOONED, r/GoonCaves) and some subcultural media (like MEL Magazine's report in 2020), "gooning" has gradually transformed from an adult label into a synonym for being obsessed with memes, digital content, and virtual self-indulgence, representing the ultimate expression of Degen spirit.
GOONC leverages this concept to create a stir, packaging the sense of obsession, uselessness, and ironic spirit of gooning into a tradable financial product. The project team has stated directly: "We do not solve blockchain problems; we only trade absurdity." With no burdens, it is indeed sincere.
GOONC launched on May 13, 2025, using the LaunchCoin module of the meme coin launch platform Believe App on Solana. This tool is very Degen-friendly: with a zero technical threshold, you can launch a coin with just a few clicks, making it perfect for projects like GOONC that can be conceived on a whim.
The driving force behind GOONC is also noteworthy and has sparked the highest level of discussion. KOL @basedalexandoor (online name "Pata van Goon") personally got involved, and his profile even caught the attention of a16z co-founder Marc Andreessen, leading onlookers to speculate whether GOONC has some OpenAI lineage.
Although this "OpenAI endorsement" is currently just community speculation, it is undoubtedly a strong card for promoting sentiment. On one hand, they say, "We are purely speculative," while on the other hand, they throw in a few tags like "AI + a16z."
Soaring from wasteland to moon overnight
GOONC took off as soon as it launched. After going live on May 13, 2025, its market cap skyrocketed to $22 million within 4 hours, with a 24-hour trading volume exceeding $25.6 million. According to platform data, the price surged by an astonishing +41,100% on its first day, jumping from $0.0000001 to $0.02, making it a "too late to board" situation.
After its launch, GOONC quickly formed an active trading community, with a large number of discussions and trading signals appearing on the X platform (such as a 292x return signal provided by DeBot). Liquidity pools on exchanges like Raydium and Meteora grew rapidly, supporting high trading volumes and price increases.
The real climax occurred between May 13 and 14, when the market cap surged to $5.5 million in the morning and then directly broke $55 million in the afternoon. By May 14, it approached a market cap of $70 million, with trading volume soaring to $59 million. Some community members even shared images claiming a rise of +85,000%, resembling a new myth from the ruins.
As of 1:30 PM on May 14, the price stabilized around $0.039, with a total market cap and FDV of about $39.6 million, and a 24-hour trading volume still at $5.43 million, with active platforms including XT.COM, LBank, and Meteora.
Although there has been a slight pullback from the peak ($0.07), the coin's popularity remains high. For a coin that relies purely on "irony + community + X posts," this performance is already at a stellar level.
Currently, the development team's background is opaque, which increases the potential risk of a rug pull. Rugcheck.xyz warns that the contract creator of GOONC may have the authority to modify the contract (such as changing fees or minting more tokens), posing certain security risks.
Community users analyze that GOONC's explosive rise may be "the last hurrah."
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