Cockroach Janta Party traded near $0.00001438, down 17.5% in 24 hours, with roughly $14,768 market capitalization and 790 holders, underscoring the volatility and liquidity risks common in small-cap meme tokens.
Cockroach Janta Party, a Solana-based meme coin tied to India-themed online political messaging, has dropped about 90% from its May high of $0.000245 even after gaining more than 102% over the past week. Coinbase data showed the token trading around $0.00001438, down about 17.5% in the last 24 hours, after a session marked by brief spikes and sharp pullbacks, including momentary moves near $0.0003. Solscan listed the token with a market capitalization of roughly $14,768, a supply of about 999.9 million tokens and 24-hour volume of around $24,835. Its small holder base of 790 and low liquidity point to elevated price risk and speculative trading conditions. The token presents itself as a political party-themed meme asset with grassroots references related to India, but there is no confirmed evidence linking it to political activities, protests or other outside events that may be cited in market speculation. CJP previously surged more than 400% within 24 hours on May 21, lifting its market capitalization toward $250,000 and pushing trading volume above $400,000 after launching on Pump.fun. The report advises caution, saying the token’s limited holder base and recent creation date fit the profile of a speculative instrument with substantial downside risk, including further drawdowns or a complete loss of value.