Goon, Goon more, Goon forever
Gooncoin ($GOONC), a Solana-based meme coin with a contract address of ENfpbQUM5xAnNP8ecyEQGFJ6KwbuPjMwv7ZjR29cDuAb, has hit an all-time high (ATH) market capitalization of $23.1 million as of May 13, 2025. The coin also registered a 24-hour trading volume of $26.1 million, reflecting intense market activity.
The token’s run began with an enigmatic post on X account @basedalexandoor, which is owned by user Pata van Goon. On 10th May 2025, the account simply posted a dot “.”without stating the rationale behind the launch of $GOONC. This cryptic action, dubbed a “total goon move” by some, is consistent with the brand of the token that is founded on the internet-themed, anarchic “GOONiverse” narrative based on prior web discussion of the GOON token on CoinGecko. The cryptic nature generated speculation and curiosity among the crypto community and assisted the token’s swift surge.
Reigniting speculation is @basedalexandoor, a speculation that began when the account mentioned applying for a job at OpenAI in its bio. It reignited speculation that account holder Pata van Goon is an OpenAI employee, with the “Gooncoin” on X igniting a blazing debate. It has since been revealed that the “applied @openai” post is precisely that – an application and not a sign that they work there, so the OpenAI link remains speculative.
Despite the lack of known originator, $GOONC’s overnight popularity is the result of market maker support that has tremendously improved its market performance. The $26.1 million 24-hour trade is indicative of the aggressive trade activity, and the $23.1 million all-time high market capitalization is indicative of the token’s popularity amid the craze. $GOONC supply is estimated at 1 billion of its tokens, a practice of Solana-based meme coins that saw its price surge in such a short time.
$GOONC’s rise is a demonstration of the potential for narrative speculation within the world of meme coins, especially when coupled with premier partners such as OpenAI even if they have not officially confirmed. While the market maker support that has propelled its meteoric rise puts its destination into question as well as the genuine association of Pata van Goon with OpenAI,
