Most people think Dogecoin was the first memecoin. It wasn’t. The real story starts years earlier-with a joke that refused to die. Enter LOLCOIN, the world’s first memecoin, born in 2011, two years before Dogecoin even existed. This isn’t just another crypto joke. It’s a time capsule of early internet culture, wrapped in blockchain code.
How LOLCOIN Started as a Satirical Joke
In August 2011, Bitcoin was still a fringe experiment. Miners were hobbyists. Forums were full of wild theories. That’s when a user named Mitsubishi Goldstein-a fake name mocking Satoshi Nakamoto-posted on a crypto forum: "Bitcoins are backed by their intrinsic comedy value, which will never go down." That line wasn’t meant to be taken seriously. But it stuck. People started making memes. Graphics showed Bitcoin miners laughing in front of giant piles of coins labeled "LOLCOIN." Someone even created a fake Twitter account: @lol_coin. The joke spread across Reddit, 4chan, and early crypto blogs. It wasn’t about making money. It was about poking fun at the whole idea of digital money being taken seriously.
For years, it faded. The Twitter account went quiet. No one traded it. No one mined it. It became a ghost story in crypto circles-"Remember that thing from 2011?"
LOLCOIN’s Unexpected Return in 2025
Then, in early 2025, something strange happened. A group of crypto historians and meme lovers revived LOLCOIN. Not as a scam. Not as a pump-and-dump scheme. But as a tribute. They built it on Solana and Ethereum, keeping the original 2011 spirit alive. The total supply? 999,613,448 tokens. Almost exactly one billion. A nod to the original joke: "a billion laughs, not a billion dollars." The official project description still says: "A currency backed by laughs, not farts." That’s not a typo. That’s the whole point.
Unlike Dogecoin, which became a cultural phenomenon with Elon Musk tweets and celebrity endorsements, LOLCOIN never chased fame. It stayed underground. Its community calls itself "The LOLCOIN Vault," a loose network of collectors, artists, and historians who archive old memes, forum posts, and screenshots from 2011. They don’t care if the price goes up. They care if the joke still lands.
What LOLCOIN Is (and Isn’t) Today
Today, LOLCOIN trades on decentralized exchanges. You can buy it. You can hold it. You can send it. But its value isn’t in utility. It’s in meaning.
- Market cap: $1.9 million
- Price range (24h): $0.0018 to $0.0022
- All-time high: $0.004048 (June 25, 2025)
- All-time low: $0.0006584 (July 6, 2025)
- Rank on CoinMarketCap: #2951
It’s not a top 100 coin. It’s not a DeFi powerhouse. It doesn’t have smart contracts for staking or lending. It doesn’t promise returns. What it does have is history.
Compare it to Dogecoin. Dogecoin became big because it was funny, then it became big because people made money. LOLCOIN stayed small because it never stopped being funny. Its users don’t buy it to get rich. They buy it to say: "I remember when crypto was weird."
Why LOLCOIN Matters More Than You Think
Most people treat memecoins as noise. LOLCOIN proves they’re part of the story.
Cryptocurrency wasn’t just invented by engineers in garages. It was shaped by trolls, jokesters, and internet weirdos who saw the whole thing as a giant social experiment. LOLCOIN was the first to say: "What if money was a meme?" And now, years later, that idea powers billions in market value.
It’s not just about LOLCOIN. It’s about what it represents: that crypto’s soul isn’t in code. It’s in culture. In inside jokes. In the fact that a coin with no real use case can still have a community that cares.
The LOLCOIN community doesn’t talk about price targets. They talk about the original 2011 tweet. They post new memes. They make art. They call each other "Vault Keepers." They’ve even created a digital museum of early crypto humor-hosted on IPFS, with links to archived forum threads and forgotten Twitter posts.
That’s not just nostalgia. That’s resistance. In a world where crypto is all about yields, APYs, and VC-funded tokens, LOLCOIN says: "Remember when we laughed?"
Can You Still Buy LOLCOIN? Here’s How
Yes. And it’s easier than you’d think.
Since its 2025 relaunch, LOLCOIN runs on both Solana and Ethereum. That means you can buy it on any wallet or exchange that supports those chains.
- On Solana: Use Phantom or Solflare wallet. Connect to Raydium or Jupiter DEX. Search for "LOLCOIN" (ticker: LOL).
- On Ethereum: Use MetaMask. Connect to Uniswap or SushiSwap. Search for "LOLCOIN" (contract address: 0x7a...8f2).
There’s no official website. No KYC. No app. Just a Twitter account (@lol_coin) with 12,000 followers who still post memes every day. The community trusts the blockchain, not the brand.
As of now, you can get around 450,000 LOLCOIN for $1. The price is low. But that’s not the point. The point is: you’re holding a piece of crypto history.
Is LOLCOIN a Good Investment?
If you’re looking for returns? Probably not. The market cap is tiny. Liquidity is thin. It’s not listed on Coinbase or Binance. It won’t make you rich.
But if you’re looking for meaning? It’s priceless.
LOLCOIN is the only crypto project that openly says: "We’re here because we think this whole thing is hilarious." And in a world full of serious blockchain startups, that’s rare.
Some call it a joke. Others call it a monument. Either way, it’s the first memecoin. And it’s still alive.
Was LOLCOIN really the first memecoin?
Yes. While Dogecoin (2013) became popular, LOLCOIN was created in 2011 as a parody of Bitcoin. It was the first cryptocurrency to merge internet meme culture with blockchain, predating Dogecoin by two years. Archived posts from 2011 confirm its existence, and the project’s revival in 2025 preserved its original identity.
Who created LOLCOIN?
The original creator used the pseudonym Mitsubishi Goldstein, a satirical take on Satoshi Nakamoto. Their real identity is unknown. After years of silence, the project was revived in 2025 by a group of crypto historians and meme enthusiasts who preserved its original spirit without claiming ownership.
Can LOLCOIN be mined?
No. LOLCOIN is not mineable. It was launched with a fixed supply of 999,613,448 tokens. All tokens were pre-minted. The project relies on community adoption, not mining incentives. You can only acquire it through decentralized exchanges on Solana or Ethereum.
Is LOLCOIN listed on major exchanges like Coinbase?
Yes-but only on Solana. According to Coinbase, LOLCOIN was officially added to its platform in 2025 as part of its Solana token support. It is not listed on Binance, Kraken, or other major exchanges. Trading is mostly done on decentralized platforms like Jupiter (Solana) and Uniswap (Ethereum).
Why does LOLCOIN still exist if it has no real use?
Because its value isn’t financial-it’s cultural. LOLCOIN serves as a living archive of early crypto humor. Its community treats it like a museum piece: something to preserve, share, and laugh about. People hold it not to get rich, but to remember when crypto was about fun, not finance.
How do I verify LOLCOIN is real and not a scam?
Check the contract addresses on Etherscan (Ethereum) and Solana Explorer. The original 2011 Twitter account (@lol_coin) still has archived posts. The community runs "The LOLCOIN Vault," a public IPFS archive of memes and forum threads from 2011-2013. No anonymous team, no whitepaper, no promises-just transparency and humor. If it looks like a joke, that’s because it is. And that’s why it’s real.
LOLCOIN didn’t change the world. But it reminded us that the world of crypto doesn’t have to be serious. Sometimes, the most powerful thing a coin can do is make you laugh.