Jason Derulo’s JASON Token Never Recovered From the Dump

Jason Derulo’s JASON token now trades at $0.00004679, 99.9% below its June 2024 peak, after he promised he would never sell. CoinGecko lists a $46,748 market cap, $189.49 in 24-hour volume, and rank 7,271. The Solana meme still carries his name. The singer does not.

Derulo, born Jason Desrouleaux, posted the Pump.fun contract to about 3.5 million followers on X on June 23, 2024, then spent a few weeks promising a moonshot, a cleanup crew, and homes in Dubai. Late July 2024 was the last time he posted about the coin. The chart did the rest.

JASON Trades at $46,748 After a 99.9% Fall

CoinGecko’s live page puts JASON at $0.00004679, with 999.821 million tokens circulating against a 1 billion max supply. That print sits 99.9% under the all-time high of $0.03536, logged June 26, 2024, three days after launch. At that high, a 1 billion supply implied a $35.36 million fully diluted cap. The same tracker shows the token 83.7% above an all-time low of $0.00002546.

JASON ON THE TAPE

• Live price: $0.00004679 on CoinGecko, with a $46,748 market cap and rank 7,271.
• Peak vs now: $0.03536 on June 26, 2024, which leaves the coin 99.9% below that high.
• Turnover: $189.49 in 24-hour volume, matching about 10 swaps on the main Raydium pool.
• Float still sitting there: 4,318 holders and $46,000 in liquidity on that pair, with 3 traders in the last day of prints.

DEX Screener’s main JASON/SOL pool on Raydium shows 4,318 holders on the Raydium pair and $46,000 in liquidity, split between about 500 million JASON and 204 SOL. Ten transactions and three traders moved $189 through that pool in the window we checked. A second Raydium pair under the same ticker is effectively empty, with a $2 fully diluted value, which is the copycat risk this launch left behind.

By September 2024 the market cap had already slid to $1.28 million, with the token near $0.00122. The listing did not die in one afternoon. It thinned out for two years until $189 days became a normal session.

Derulo Posted the Pump.fun Address on June 23

The launch was a contract paste, not a white paper. Derulo posted the Solana mint, tagged Pump.fun, and told followers to let him take them dancing. Trading hit Raydium the same day. The first-day book showed the familiar Pump.fun shape: a fast run, then a slide of more than 72% that forced the apology video.

THE FIRST WEEK ON JASON

1. June 23, 2024: Derulo posts the Pump.fun mint 6SUryVEuDz5hqAxab6QrGfbzWvjN8dC7m29ezSvDpump and trading opens on Raydium.
2. June 24, 2024: He says Sahil Arora “got me,” promises to send the coin to the moon, and analytics firm Bubblemaps publishes the wallet map.
3. June 26, 2024: CoinGecko records the $0.03536 all-time high.
4. Late July 2024: Derulo’s last JASON post says he is building a roadmap of partnerships to revive the project.
5. September 4, 2024: On-chain investigator ZachXBT notes the silence and a deleted promo for a different meme coin.
6. September 26, 2024: A community takeover claim is filed on the DEX Screener profile, after an earlier claim on June 24, 2024.

Hours after the first dump, Derulo posted that he had bought $20,000 of JASON and was in it for the long haul. He later told a Space that Arora had approached him about a gambling site, that he skipped basic checks, and that he then “tricked” Arora into selling so he could take the coin back. The clip of that Space made the round of trading chats because it sounded like a founder origin story, not a victim statement.

let me take you dancin @pumpdotfun 🔥

6SUryVEuDz5hqAxab6QrGfbzWvjN8dC7m29ezSvDpump 🕺

— Jason Derulo (@jasonderulo) June 23, 2024

Three Wallet Clusters and a $20,000 Sale

Bubblemaps mapped the token before Derulo’s first post and found the supply was already bunched. The largest holder had 11%. A red cluster held 18%. A yellow cluster held 22%. Those clusters that held 51% of supply were linked to Arora, funded from an exchange about three days earlier and filled on Pump.fun. After the celebrity tweet, they sold almost everything for about $180,000.

WHAT THE BUBBLE MAP SHOWED

• Pre-tweet bunches: 11%, 18%, and 22% of supply sat in linked clusters before Derulo posted the mint.
• The exit: Wallets tied to Arora dumped nearly all of that half of supply and locked in about $180,000.
• The second wallet: Address HtnZSBG, which Bubblemaps said belongs to Derulo, received tokens straight from Arora’s side and sold 161 SOL, about $20,000.
• The buyback: Derulo bought that $20,000 back after the wallet was posted on X, and called the original sale marketing.

He had already told followers the top wallet was his and that he would never sell, because this one was for the people. Selling from a different, undisclosed wallet is why the on-chain desk did not buy the “Sahil got me” line. SlumDOGE millionaire put the same objection in one sentence, saying Derulo made $1 million off the rug and put $20,000 back on the chart.

Top wallet in $JASON is mine, I will never sell. This one is for the people.

Jason Derulo, on X, quoted in Bubblemaps’ June 2024 note

Bubblemaps wrote that his next moves did not look like a man who had just been conned. He asked crypto influencer Ansem for a Space, hyped the chat, hinted at burns, and started buy competitions. Arora, asked about the map, said it was all orchestrated, that both men had skin in the game, and that anyone paying attention could see it. He also confirmed the wallet Bubblemaps tagged as Derulo’s.

1/ Jason Derulo (@jasonderulo) has sold $JASON 🚨

Despite his claims, we doubt Jason Derulo got fooled by Sahil

Let's look at the on-chain evidence 🧵 ↓ pic.twitter.com/e8PebBDRaO

— Bubblemaps (@bubblemaps) June 24, 2024

Sahil Arora Pitched a $200,000 Promo Tweet

The product being sold to Derulo was not a protocol. It was a tweet. On August 14, 2024, Bubblemaps posted a chat screenshot of a $200,000 tweet offer to Derulo, with Arora asking, “would u do a tweet for $200k, my g?” The firm’s write-up of that investigation said Arora typically sat on 25% to 40% of a new celebrity coin and sold into the first wave of fan buys.

ZachXBT later pegged Arora’s take from celebrity-linked insider dumps at $2 million to $3 million, after flagging that an earlier Bubblemaps total had misread a Poloniex wallet. Bubblemaps then revised its own figure to about $5 million across the run. Those are different tallies of the same trade, not a second fortune on JASON alone. JASON’s mapped exit on day one was the $180,000 cluster sale.

Derulo’s public version stayed simpler. Arora “got me.” He was rich, he had a brand to protect, and he had built billion-dollar companies, so he said he had no reason to cheat fans. He also wanted a “cleanup crew” for people spreading FUD, and he told critics they were keeping normal people out of crypto. In early July 2024 he posted that JASON was going “to a billy,” after the token had already fallen about 80% from its June 27 peak in that week’s tape.

The same pitch kept traveling. In February 2026 a video creator posted that Arora had just asked for a Telegram handle and listed Derulo with Caitlyn Jenner and Iggy Azalea among prior celebrity coins. Whether or not that inbox was Arora, the Derulo launch had become a reference in the sales script, not a cautionary slide he outran.

Jenner, Azalea, and Rich the Kid Ran the Same Script

JASON arrived at the end of a short celebrity-meme streak on Solana, not at the start. Jenner’s JENNER token, also tied to Arora and Pump.fun, ran to a $42.6 million market cap after she posted the address in May 2024, then later sat near $286,000. Rich the Kid said Arora used his name, dumped RICH, and blocked him. Azalea broke with Arora in public, launched MOTHER herself, and watched an IGGY presale Arora had been running collect about $380,000 that buyers said was not airdropped.

CELEBRITY TOKENS AROUND THE JASON LAUNCH

Arora did not hide the method for long. Asked about the celebrity dumps, he said it took “a lotta brain pulling that off.” In February 2025 he used the old JENNER deployer wallet to launch a token on CZ’s dog Broccoli that printed a $9.57 billion market cap in two hours, then sold a cluster that on-chain desks said held more than 79% of supply. He told an interviewer he did not feel bad. Jenner’s management got a brag text about a $10 billion print from her wallet.

That later trade is why JASON reads as a template, not a one-off embarrassment. The celebrity supplies the first tweet. The clustered wallets supply the exit. The apology, if it comes, supplies a second day of volume. Derulo’s version added a never-sell caption and a buyback once the second wallet hit the timeline.

Why Did Derulo Stop Posting About JASON?

On September 4, 2024, ZachXBT wrote that Derulo had not posted about JASON since July, quoted the old line about being committed long term so everyone in the community could win, and said Derulo had promoted another Tron meme the day before and deleted it. Zach also said influencers were wrong to think this launch would differ from the 15-plus dubious coins Derulo had pushed before, a list Bubblemaps had already tied to names such as WorldfootballToken, RichDwarvesTribe, and Inuland.

During the promotional window Derulo talked up a Movement exchange tie-up so new buyers could get JASON more easily, and a deal that would let holders buy homes in Dubai with the token. Those hooks have not shown up as a working product. Token listing copy now describes JASON as inactive, with no utility and no official updates from his channels. He kept releasing music and touring. The coin kept the old profile picture and a community takeover note.

Holders who stayed did not inherit a team. They inherited a Raydium pool with $46,000 in it, 4,318 wallets, and a ticker a pop star no longer says out loud. The never-sell clip is still easy to find. The roadmap post from late July 2024 is the last time Derulo treated JASON as a live project on his own account.

The mint is still on Solana. The name is still Jason Derulo. The last honest number on the page is $46,748, 99.9% under the high he posted into, with $189.49 changing hands on a quiet day.

Frequently Asked Questions

What is the JASON token contract address on Solana?

The mint Derulo posted on June 23, 2024 is 6SUryVEuDz5hqAxab6QrGfbzWvjN8dC7m29ezSvDpump, a Pump.fun token that graduated to a Raydium pool at pair 4XmdX5Umx7qt3uvMapdXzWPQefx2WZf4tZ69XAmNyF3X. A second Raydium pair using the same ticker has almost no liquidity, so buyers who scan by name rather than mint can land on a dead copy.

Did Jason Derulo sell JASON after saying he would never sell?

Bubblemaps tied wallet HtnZSBG to Derulo, showed it receiving tokens directly from Arora, and showed a sale of 161 SOL (about $20,000) after the never-sell posts. Derulo said that sale was for marketing and bought the $20,000 back after the address was published, which left the public top wallet untouched while a second wallet did the selling.

Who is Sahil Arora in the JASON launch?

Arora is an Indian-born, Dubai-based promoter who deployed or shopped celebrity Pump.fun coins including JENNER, a fake IGGY presale, RICH, and JASON. Bubblemaps posted a chat in which he offered Derulo $200,000 for a tweet, and Arora later said the JASON episode was orchestrated with both men in the trade.

Did JASON holders get the Dubai homes or other utility?

Derulo floated a path for holders to buy luxury property in Dubai with JASON and talked about onboarding tools and a partnership roadmap. Those perks were never delivered as a live product, and current listing notes treat the token as a meme with no working use case.

Disclaimer: This article is news reporting and market analysis of a celebrity meme coin, and it is for information only. It is not investment advice, trading advice, or a recommendation to buy, sell, or hold JASON or any other token, and it is not legal advice about fraud, endorsements, or consumer claims. Speak with a licensed financial adviser and, if you think you were harmed, a qualified attorney before you make any decision about these assets. Prices, market caps, wallet labels, and project status are taken from CoinGecko, DEX Screener, and on-chain analytics as published on the dates named above and can change without notice.