With a market value of 70 million in 24 hours, will GOONC be the next billion-dollar gold mine on the Believe platform?

Bitcoin has broken through 100,000 and Ethereum has reached 2,500. Is Solana’s popularity about to return again?

The current market is in the macro-emotional bliss zone, and GOONC is at the top of the wave today. It has skyrocketed 10 times in just a few hours, with a market value of tens of millions of dollars and a trading volume of over 50 million. There are also rumors that the developer may be from OpenAI (although it has not been confirmed, it is eye-catching enough).

The "gooning" culture in the forum

A Solana meme that is so absurd that people actually buy into it.

GOONC is a meme coin that grew out of the "gooning" subculture. It does not provide any technological innovation and has no practical use. Its only function: speculation.

It was inspired by the NSFW word "gooning", which refers to a person who is addicted to certain content for a long time (you know what I mean) and finally enters a nearly religious psychedelic state.

On Reddit (such as r/GOONED, r/GoonCaves) and some subculture media (such as MEL Magazine's report in 2020), "gooning" has gradually evolved from an adult label to a synonym for obsession with memes, digital content, and virtual self-entertainment. It can be said to be the ultimate expression of the Degen spirit.

GOONC is using this concept to create something. It packages the obsession, futility and irony of gooning into a tradable financial product. The project owner directly stated: "We don't solve blockchain problems, we only trade absurdity." It's sincere without any burden.

GOONC was launched on May 13, 2025, using the LaunchCoin module of Believe App, a memecoin launch platform on Solana. This tool is very Degen: 0 technical threshold, and you can issue coins in a few clicks, which is suitable for projects like GOONC that can be done at the snap of a finger.

The person behind GOONC is no simple figure, and is also the most discussed person. The KOL @basedalexandoor (nickname "Pata van Goon") on the X platform personally participated in the discussion. His profile also attracted the attention of a16z co-founder Marc Andreessen, which made the onlookers wonder whether GOONC has some OpenAI ancestry.

Although this "OpenAI endorsement" is currently just community speculation, it is definitely a good card to promote speculation. On the one hand, they say "we are pure speculation" and on the other hand, they put in a few "AI + a16z" tags.

From the wasteland to the moon overnight

GOONC took off as soon as it went online. After its launch on May 13, 2025, its market value reached 22 million US dollars within 4 hours, and its 24-hour trading volume exceeded 25.6 million. According to platform data, the increase on the first day of launch was as high as + 41,100%, from 0.0000001 US dollars to 0.02 US dollars, which was directly a speed of "too late to get on board".

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 the 292x return signal provided by DeBot). Liquidity pools on exchanges such as Raydium and Meteora grew rapidly, supporting high trading volumes and price increases.

The real climax was between May 13 and 14, when the market value reached 5.5 million in the morning and broke through 55 million in the afternoon. On the 14th, the market value was close to 70 million, and the trading volume soared to 59 million US dollars. Someone in the community even posted a picture saying that it had increased by + 85,000%, like a new myth of ruins.

As of 1:30 pm on May 14, the price was stable at around $0.039. The total market value and FDV were both around $39.6 million, and the 24-hour trading volume was still $5.43 million. Active platforms include XT.COM, LBank, Meteora, etc.

Although it has slightly retreated from its high ($0.07), the currency is still hot. For a currency that is purely supported by "satire + community + X posts", this performance is already at the Star Glory level.

The background of the token’s development team is currently opaque, which also increases the potential risk of rug pulls. Rugcheck.xyz warns that the creator of GOONC’s contract may have the authority to modify the contract (for example, change fees or issue additional tokens), which poses certain security risks.

Community netizens analyzed that the surge in GOONC may be the "last carnival".