General Characteristics

Dollar on Solana ($DOLLAR) is a meme coin project launched in July 2024. It was created via the Solana-native meme coin generator, Pump.fun. Touting itself as “the original memecoin,” this token taps into what it calls the ultimate meme: the United States dollar. Why call the U.S. dollar a meme? The project’s website explained that since the currency broke free from the gold standard, it has become a fiat currency – a piece of paper with no intrinsic value. $DOLLAR mimics this narrative, introducing itself as a meme token with no inherent value or guarantees of financial returns. The face of the first U.S. president, George Washington, has been adopted as the mascot for the $DOLLAR ecosystem. The project’s creators are poised to bring laughter and fun to the community by sharing numerous memes. And who knows, maybe earn some profits along the way.

Roadmap

Although $DOLLAR has no outlined roadmap, the meme coin’s creators are poised to see the meme token soar to the same value as the U.S. dollar - $1.

Functionality and Utility

$DOLLAR primarily aims to bring fun and vibe to the community. The Solana meme coin also aims to bring degenerate wealth to its holders. Aside from these, $DOLLAR has no other utility at the time of writing. Still, the project could add additional functionality in the future.

Market Performance and Dynamics

$DOLLAR has a total supply of 1 billion tokens. The meme coin’s contract has been renounced to boost investors' confidence, and its liquidity has been burnt. Unlike the U.S. dollar, which is inflationary, the Solana meme token embraces a deflationary path, birthing scarcity and increased demand. The Solana meme coin has secured a listing on various price-tracking platforms, like CoinMarketCap and CoinGecko. At the time of writing, $DOLLAR has a market capitalization of $3 million and a 24-hour trading volume of $239.01K. Its price also exchanged hands with $0.001819 at press time, representing a 12% increase in 24 hours.

Community

$DOLLAR boasts a vibrant community of meme lovers across five prominent social platforms. It has 5.5K+ followers on X, 1.4K+ subscribers on Telegram, and 23K followers on Facebook. It also has a sizeable number of community members on YouTube and Instagram.

Pros

• Contract renounced.
• Harnesses the speed and efficiency of the Solana network.
• Has an established social presence.
• Has secured listing on multiple price-tracking websites.
• Has a low entry price.

5 Questions to the Dollar on Solana Team

1) You refer to $DOLLAR as "The Original Memecoin" on Solana. Can you elaborate on what makes $DOLLAR original in the crowded memecoin space, and how you aim to differentiate the project from other memecoins? $DOLLAR being the "original memecoin" is more than just a playful nod—it’s rooted in a fundamental truth about fiat currency. Since 1971, when the dollar was unpegged from gold, it became, in essence, a memecoin—something with no intrinsic value but held up by trust and belief. $DOLLAR was created to celebrate and satirize this. While many memecoins are based on fleeting trends or characters, $DOLLAR is tied to the most universally recognized currency in the world. We play on that cultural and financial significance, making our project immediately recognizable to everyone, from crypto veterans to "normies." 2) One of the standout features of $DOLLAR is the meme-making tool that allows users to generate custom dollars with an X username or a custom uploaded image. What inspired the development of these interactive features, and how do you envision them enhancing user engagement? Our meme generator was born from the community's creative energy. Early on, there was a strong demand for dollar memes, with users swapping out George Washington’s face for their own or those of others. To simplify this, we built a tool allowing everyone to participate in the fun. We’ve recently enhanced the generator, making it even more accessible by integrating a Telegram bot, so now users can create memes directly in chat. We’ve also added a new feature to generate X profile banners, which is a unique way to show support for $DOLLAR. These tools keep our community engaged and help spread our brand across social platforms, ensuring that everyone can contribute to the $DOLLAR narrative. 3) With the ability to create memes, $DOLLAR seems to prioritize creativity. How do you plan to foster a culture of creativity within the community, and how important is user-generated content to the growth of the project? Creativity is the lifeblood of $DOLLAR, and we’ve designed our ecosystem to nurture it. Whether it’s through raids, memes, or our growing collection of tools, we’ve put the power of content creation directly into the hands of our community. We constantly encourage users to share their creations, and this has fueled our raids and meme campaigns across X. User-generated content is everything—it’s what propels our visibility and keeps $DOLLAR top-of-mind in the meme culture. By giving the community the tools they need to create, we foster a sense of ownership that goes beyond just holding the token. 4) Beyond meme creation, do you have any plans to expand the $DOLLAR project with additional utilities, such as DeFi or NFTs, that might further engage the community or provide more use cases for the token? While the focus of $DOLLAR remains on memes and fun, we’ve already introduced an NFT collection called "Georgies," pixel-art representations of George Washington. These NFTs act as badges of honor for our community and add to the unique identity of $DOLLAR. You’ll see them in profile pictures, memes, and during raids. However, our focus isn’t on complicating the project with DeFi or other utilities. We want to stay true to the memecoin ethos—keeping it light, fun, and accessible. Simplicity is part of the charm that keeps $DOLLAR relatable and easy to jump into for anyone, whether they’re deep into crypto or just getting started. 5) What’s your long-term vision for $DOLLAR? Is the goal to become a recognized symbol in the broader crypto and meme world, or do you foresee $DOLLAR evolving into something more substantial over time? Our vision for $DOLLAR is to solidify its place as a blue-chip memecoin on Solana, while continuing to embrace the cultural significance of the dollar itself. The US Dollar is arguably one of the most referenced and idolized objects in modern culture, appearing in everything from films and music to art and literature. $DOLLAR taps into that same cultural narrative, giving it a timeless relevance that other memecoins can’t easily match. Celebrities and influencers are already engaging with $DOLLAR memes, and as we continue to grow, our presence will only get stronger. Ultimately, our goal is simple: $DOLLAR to $1—an homage to reversing inflation in the most humorous way possible. 6) What sets $DOLLAR apart from other memecoins in an increasingly crowded market? Several things set $DOLLAR apart. First, we’re based on one of the most universally recognized and desired objects in modern history—the US dollar. Since it was unpegged from gold in 1971, it became the original memecoin, something of intrinsic value only because we all believe in it. $DOLLAR, our token, taps into that same psychology. It’s instantly recognizable and doesn’t need any explanation. Everyone knows what the dollar is, and everyone wants more of it. Beyond the cultural ties, $DOLLAR stands out with its unique tools and features. We’ve built a meme generator that lets users create custom dollar memes, X banners, and even interact with a Telegram bot to generate memes on the fly. Recently, we’ve also added a hidden game on our website that adds a layer of fun you won’t find with most memecoins. This combination of cultural relevance, interactivity, and engagement tools makes $DOLLAR more than just a token—it’s a movement that people can rally behind and actively participate in.

Official links

CA: 5AnPDx9GposBi9jSW2dFfE5QQD3FmXbudoquMNDxpump Website Twitter Telegram Facebook YouTube Instagram

Where to buy

Raydium Jupiter This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space. We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public. While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.