Cryptocurrencies continue to evolve, with meme coins capturing significant attention due to their community-driven nature and viral potential. Among them, BOBO (BOBO) stands out as a unique ERC-20 token inspired by internet culture. Built on the Ethereum blockchain, BOBO has gained traction within niche online communities and decentralized exchanges. This article explores the price dynamics, market performance, supply metrics, and underlying concept of BOBO, offering a comprehensive overview for investors and crypto enthusiasts.
What Is BOBO?
BOBO is a meme-based cryptocurrency launched as an ERC-20 token on the Ethereum network. Inspired by Bobo the Bear, a fictional character popularized on 4chan’s /biz/ board—a forum dedicated to cryptocurrency discussions—BOBO embodies the playful and satirical spirit of internet-born digital assets. Unlike utility-focused tokens, BOBO thrives on community engagement, social virality, and decentralized trading.
The token was created without formal backing from developers or institutions, relying instead on grassroots adoption. Its presence on platforms like Uniswap and XT.COM highlights its integration into both decentralized and centralized ecosystems. While it doesn’t offer tangible utilities such as staking rewards or governance rights, its value stems from scarcity, meme culture relevance, and speculative interest.
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Supply Overview
One of BOBO’s defining characteristics is its fixed supply structure:
- Circulating Supply: 69.00 trillion BOBO
- Total Supply: 69.00 trillion BOBO
- Max Supply: Not applicable (effectively capped)
With no max supply limit formally defined but matching total and circulating figures, the token operates under a de facto capped issuance model. This high circulating volume may initially seem inflationary; however, in the context of meme coins, large supply numbers are common and often used to enable microtransactions and broad distribution.
A fully verified supply adds credibility, indicating transparency in tokenomics—a crucial factor for trust in decentralized finance (DeFi) environments. The absence of further minting capabilities reduces the risk of sudden dilution, supporting long-term price stability relative to other unregulated meme tokens.
Market Performance & Key Metrics
As of the latest update, BOBO holds a market capitalization of $30.49 million, positioning it at rank #635 among global cryptocurrencies. Despite its niche status, this valuation reflects consistent trading activity and investor interest.
Price History
- All-Time High (ATH): $0.0000347 (reached June 12, 2024)
- Current Price Trend: Down approximately 87.27% from ATH
While currently trading significantly below its peak, such volatility is typical for meme-based assets influenced by social sentiment rather than fundamental metrics.
Trading Volume & Liquidity
The 24-hour trading volume stands at $1.46 million, with a volume-to-market-cap ratio of 0.0478. This suggests moderate liquidity—sufficient for active trading but potentially susceptible to price swings during low-volume periods.
Fully Diluted Valuation (FDV)
At $30.49 million, BOBO’s FDV aligns closely with its current market cap due to the fully circulating supply. This narrow gap indicates minimal future sell pressure from unlocked tokens, a positive signal for market health.
Exchange Listings and Trading Pairs
BOBO is listed across nine exchanges, blending centralized and decentralized platforms:
| Exchange | Trading Pair | Volume (24h) |
|---|---|---|
| XT.COM | BOBO/USDT | $1.15M |
| LBank | BOBO/USDT | $474,492 |
| Uniswap v2 (Ethereum) | BOBO/WETH | $169,355 |
| Gate.io | BOBO/USDT | $72,349 |
| MEXC Global | BOBO/USDT | $20,644 |
XT.COM dominates trading volume, accounting for over 78% of total activity. High concentration on one exchange can pose risks related to liquidity fragmentation or platform-specific vulnerabilities. However, availability on Uniswap ensures censorship-resistant access through decentralized swaps.
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On-Chain Details
For transparency and verification purposes, the official contract address for BOBO on Ethereum is:
0xb90b2a35c65dbc466b04240097ca756ad2005295This address can be verified via Etherscan, where users can monitor transactions, holder distribution, and smart contract integrity. Always confirm contract details before engaging in trades to avoid phishing scams or counterfeit tokens.
Core Keywords
To enhance search visibility and align with user queries, the following core keywords have been naturally integrated throughout this article:
- BOBO price
- BOBO token
- BOBO cryptocurrency
- ERC-20 token
- Meme coin
- Ethereum blockchain
- Crypto price chart
- Decentralized exchange
These terms reflect common search intents related to price tracking, technical specifications, and investment considerations for BOBO.
Frequently Asked Questions (FAQ)
Q: Is BOBO built on the Ethereum blockchain?
A: Yes, BOBO is an ERC-20 token operating on the Ethereum network, ensuring compatibility with wallets and DeFi platforms that support ERC-20 standards.
Q: What is the total supply of BOBO?
A: The total supply is fixed at 69.00 trillion BOBO tokens, all of which are already in circulation.
Q: Where can I buy BOBO safely?
A: You can purchase BOBO on reputable exchanges such as XT.COM, LBank, and Uniswap v2. Always verify the contract address before trading.
Q: Does BOBO have real-world utility?
A: Currently, BOBO functions primarily as a meme coin with no intrinsic utility beyond speculative trading and community participation.
Q: How does BOBO compare to other meme coins like Dogecoin or Shiba Inu?
A: Unlike larger meme coins with established ecosystems, BOBO remains niche with limited use cases but benefits from strong community engagement within specific online circles.
Q: Can I stake BOBO for rewards?
A: No staking mechanism exists for BOBO at this time. It is primarily held or traded based on market sentiment.
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Final Thoughts
While BOBO may not rival major cryptocurrencies in terms of functionality or adoption, it exemplifies the cultural and speculative forces shaping today’s digital asset landscape. As a community-driven meme coin rooted in internet humor and decentralized principles, it appeals to traders seeking high-risk, high-reward opportunities.
Investors should approach BOBO with caution—its price is highly sensitive to social media trends and lacks fundamental backing. However, for those interested in exploring emerging tokens within the Ethereum ecosystem, monitoring BOBO’s price chart and exchange activity offers valuable insights into the dynamics of grassroots crypto movements.
Staying informed through reliable data sources and secure trading platforms remains essential when navigating volatile markets. Whether you're drawn by nostalgia, curiosity, or speculation, understanding the full picture behind tokens like BOBO empowers smarter decision-making in the ever-evolving world of cryptocurrency.