Bitcoin breaks $100,000, Ethereum stands above 2,500, is Solana's hot trend about to return again?
The current market is in a macro sentiment utopia, and GOONC is today's wave, surging 10 times in just a few hours, with its market value directly approaching millions of dollars, trading volume skyrocketing to over $50 million, and rumors that the developers might be from OpenAI (unconfirmed, but eye-catching).
The "gooning" culture in forums
An absurd yet somehow marketable Solana meme.
GOONC is a meme coin that emerged from the "gooning" subculture, offering no technological innovation or practical use, with its sole function being speculation.
Its inspiration comes from the NSFW term "gooning", referring to people being obsessively immersed in certain content (you know), ultimately entering an almost religious trance-like state.
On Reddit (like r/GOONED, r/GoonCaves) and some subculture media (such as MEL Magazine's 2020 report), "gooning" gradually transformed from an adult label to a synonym for meme obsession, digital content, and virtual self-indulgence, arguably the ultimate expression of Degen spirit.
GOONC leverages this concept, packaging the obsessive nature, uselessness, and satirical spirit of gooning into a tradable financial product. The project team directly stated: "We don't solve blockchain problems, we just trade absurdity." Unburdened and quite 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-ized: zero technical barriers, just a few clicks to issue a token, perfectly suited for projects like GOONC that can be conceived on a whim.
The GOONC mastermind is also notable, with the most discussed KOL on X platform, @basedalexandoor (username "Pata van Goon"), personally involved, and his profile even caught the attention of a16z co-founder Marc Andreessen, which made onlookers can't help but speculate if GOONC has some OpenAI lineage.
Although this "OpenAI endorsement" is currently just community speculation, it's definitely a good card for pushing speculative sentiment. On one hand saying "we are pure speculation", while on the other inserting a few "AI + a16z" tags.
Overnight, from wasteland to the moon
GOONC took off immediately upon launch, with its market value reaching $22 million within 4 hours of launching on May 13, 2025, and 24-hour trading volume exceeding $25.6 million. According to platform data, it rose by 41,100% on the first day, from $0.0000001 to $0.02, becoming an "too late to get in" speed.
GOONC quickly formed an active trading community after launch, with numerous discussions and trading signals appearing on the X platform (such as DeBot's 292x return signal). Liquidity pools on exchanges like Raydium and Meteora grew rapidly, supporting high trading volume and price increases.
The real peak was between May 13-14, with market value rising from $5.5 million in the morning to over $55 million in the afternoon, reaching nearly $70 million on the 14th, with trading volume soaring to $59 million. The community even shared screenshots claiming a +85,000% increase, like a new myth from the ruins.
As of 1:30 PM on May 14, the price stabilized around $0.039, with total market value and FDV around $39.6 million, and 24-hour trading volume still at $5.43 million, active on platforms including XT.COM, LBank, Meteora, etc.
Although slightly pulled back from its high point ($0.07), the coin's heat remains, and for a coin purely lifted by "satire + community + X posts", this performance is already at a star-level.
Currently, the token's development team background is opaque, which increases the potential Rug Pull risk. Rugcheck.xyz warns that GOONC's contract creator might have the ability to modify the contract (such as changing fees or increasing token supply), posing certain security concerns.
Community members analyze that GOONC's surge might be the "final carnival".
