Boop (boop.fun)
Summary
Boop.fun is a Solana-based memecoin launchpad launched in May 2025 that allows users to create community-driven tokens called 'cults,' backed by a native $BOOP token with staking rewards and an influencer-driven airdrop mechanism. The platform reached a $500 million market cap within 90 minutes of launch but declined sharply amid founder credibility disputes — including allegations by former Binance CEO CZ of insider trading and false credential claims — an airdrop mechanism that was terminated early for being 'exploited and manipulated,' and a ~99% collapse in BOOP token price from its all-time high. Founder Dingaling (alleged real name: Dinghua Xiao) stepped down in November 2025, and the platform's ongoing leadership and development trajectory remain uncertain.
Connected Entities
1 entities · 10 linked investigationsTimeline(8 events)
2025-04-01
Boop.fun announced; Dingaling reveals the Solana-based memecoin launchpad with airdrop incentives for traders and influencers.
PANews2025-05-01
Boop.fun launches on Solana. BOOP token reaches an all-time high of approximately $0.465, with a $500 million market cap and $63 million in volume within the first 90 minutes. Notable angel investors include Raj Gokal and Jupiter's Meow.
BeInCrypto2025-05-02
Bubblemaps on-chain analytics confirms BOOP token distribution aligns with official claims; token surges an additional 242% on the news.
Invezz2025-05-04
Daily token launches on boop.fun decline approximately 90%, falling from 10,877 on day one to approximately 1,072 by this date.
Cryptopolitan2025-05-05
BOOP listed on Binance Alpha. Former Binance CEO CZ posts on X referencing a 'former employee fired for insider trading' who falsely claimed executive titles; crypto community identifies this as a reference to Dingaling. Dingaling does not respond publicly. BOOP token drops approximately 15% before partial recovery.
NFT Evening2025-05-11
Boop.fun announces early termination of its airdrop program, citing exploitation and manipulation of the mechanism. Unclaimed tokens are redirected to a new rewards system.
PANews2025-11-25
Dingaling announces he is stepping back from active leadership at boop.fun to become an advisor; 'bakraparty' takes over day-to-day leadership.
KuCoin News2025-12-04
CZ announces predict.fun, a prediction market platform incubated by YZi Labs on BNB Chain, reportedly involving Dingaling — widely interpreted as a reconciliation between the two.
Bitget NewsDecision Log
- hash: 7pcwFWerk7ub988Gm3MBCWGrkKnBYfNZtwFPxEd2mnra
- hash: CTvzHpZr65nZhKmJk5KA51TXXq3SiCVweTe8cCV2Xbcs
- hash: 9ZxQLE5JC96PUzpaMCyjJ9ZZyKNjJJWdkyd3k63Xms9Q
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/31/2026, 8:28:06 PM
last updated: 6/1/2026, 12:21:10 AM
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