About $GOOP Meme Coin – Two $GOOP Coins and Analysis of Their Potential

$GOOP has recently surfaced as a meme coin drawing attention across Solana traders, particularly those active on Pump.fun and Dexscreener. What makes GOOP confusing, and interesting, is that there are currently two different $GOOP tokens circulating, each with different narratives, contract addresses, and levels of market traction.

This has created mixed sentiment among traders, with some treating GOOP as a short term momentum play, while others see branding and ecosystem storytelling attempts behind the token. Understanding which GOOP is which is critical before making any assumptions about its potential.

Key Takeaways

• There are two separate $GOOP meme coins with different contract addresses and narratives.
• The Solana based GOOP token shows high volatility with strong early volume but rapid pullbacks.
• GOOP should be viewed as a speculative meme trade rather than a long term investment.

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What Is the $GOOP Meme Coin?

$GOOP is a meme coin launched on the Solana network, primarily distributed and traded through Pump.fun style mechanics. Like many Solana meme coins, GOOP relies heavily on narrative, speed, and trader attention rather than protocol fundamentals.

The branding behind GOOP references gaming culture and internet humor, with one version marketing itself as the official Goop Coin for Arc Raiders, claiming flywheel style mechanics. However, there is no confirmed affiliation with the actual Arc Raiders game studio.

This ambiguity is common in meme coin launches and reinforces the need for careful verification.

Read Also: How to Make a Meme Coin: Full and Easy Guide

The Two $GOOP Coins Explained

One of the biggest sources of confusion around GOOP is that there are two different tokens using the same ticker.

GOOP Coin Contract One

The first GOOP token uses the contract address:

A1BcB4dVCjJm11bnFrkZRC56gPRMVt2ymkKVFpW5pump

This version gained brief attention during its initial Pump.fun phase but failed to sustain volume. Liquidity thinned quickly, and price action stalled as trader interest rotated elsewhere. This GOOP coin is largely considered inactive from a momentum perspective.

GOOP Coin Contract Two

The second GOOP token, currently seeing more activity, uses the contract address:

5ME6tBrsv8zNnUngiTe1EBULf1xY8vdC8KjhmoUhpump

This version is listed on PumpSwap and tracked on Dexscreener. It is the GOOP token shown in recent charts and trading data.

Most current discussions around GOOP refer to this second token.

Current GOOP Price and Market Data

At the time of analysis, the active GOOP token shows the following metrics:

• Price around $0.049
• Liquidity approximately $32K
• Market cap near $97K
• 24 hour volume exceeding $2.5M
• More than 25,000 transactions within 24 hours

Despite strong volume, price action shows heavy volatility. The token experienced an early vertical spike followed by sharp sell pressure, consistent with short term speculative trading.

The 1 hour chart shows a drawdown of over 18%, while the 6 hour window reflects a deeper correction exceeding 60%. This behavior is typical of Pump.fun meme coins once early momentum fades.

Read Also: Meme Coin Trading Effective Strategy

GOOP Price Action Analysis

The GOOP chart shows a classic Solana meme coin lifecycle. Initial aggressive buying pushed price rapidly higher with large green candles and expanding volume. This phase attracted fast traders and snipers.

Following the peak, distribution began almost immediately. Red candles dominated as early entrants took profits. Subsequent bounce attempts were weaker, forming lower highs and declining volume.

As price stabilized near the current range, volume tapered off significantly, suggesting that most short term traders have already exited or reduced exposure.

Without renewed narrative catalysts or influencer attention, price recovery becomes increasingly difficult.

GOOP Narrative and Branding Potential

GOOP attempts to position itself as an official coin tied to gaming culture, specifically Arc Raiders. However, no verified partnership or endorsement exists.

This does not automatically invalidate the meme, but it limits long term narrative strength. Successful meme coins often rely on either organic community growth or persistent cultural relevance.

Currently, GOOP’s traction appears to be driven more by trading mechanics than community building.

Who Is GOOP For?

GOOP is primarily suited for high risk traders who actively trade Solana meme coins and understand rapid entry and exit dynamics.

It is not designed for passive holders, nor does it offer staking, governance, or utility features. Holding GOOP long term without momentum is highly speculative.

Traders looking for fast rotations and volatility may find GOOP interesting. Long term investors should be cautious.

Risks of Trading $GOOP

GOOP carries several risks common to Pump.fun meme coins.

Liquidity is relatively shallow, meaning large sells can significantly impact price. Narrative risk is high due to lack of official verification. Competition from newer meme launches can quickly drain attention.

Additionally, confusion between the two GOOP tokens increases the risk of buying the wrong contract.

Comparing GOOP to Other Solana Meme Coins

Compared to larger Solana meme coins, GOOP remains very small in market cap and liquidity. This allows for sharp upside moves but also extreme downside risk.

Unlike established memes, GOOP lacks exchange listings beyond decentralized venues. Without centralized exchange exposure, sustained growth is difficult.

GOOP currently behaves more like a short lived trading instrument than an evolving ecosystem token.

Is $GOOP a Scam?

There is no direct evidence that GOOP is a scam. However, absence of transparency and unofficial branding claims place it firmly in the high risk category.

Traders should assume no guarantees, no roadmap, and no long term support unless proven otherwise.

Only trade what you are prepared to lose.

Final Thoughts

$GOOP represents a familiar pattern in the Solana meme coin ecosystem. Fast launch, strong initial volume, rapid correction, and uncertain continuation.

The existence of two different GOOP tokens adds complexity and risk. For traders who understand meme coin dynamics, GOOP may offer short term opportunities during volatility spikes.

For everyone else, GOOP should be approached cautiously and treated strictly as a speculative meme play, not an investment.

Read Also: 8 Best Meme Coin Trading Platforms for Beginners 2026

FAQs

What is $GOOP meme coin?

$GOOP is a Solana based meme coin launched via Pump.fun mechanics with no confirmed utility.

Why are there two $GOOP coins?

Two separate GOOP tokens exist with different contract addresses due to multiple launches using the same ticker.

Which GOOP coin is active?

The token with contract 5ME6tBrsv8zNnUngiTe1EBULf1xY8vdC8KjhmoUhpump currently shows active trading.

Is GOOP a good investment?

GOOP is a high risk speculative asset and not suitable for long term investing.

Where can I trade $GOOP?

GOOP is traded on Solana decentralized platforms such as PumpSwap.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.