What is Poopcoin (POOP)?

7/29/2025, 9:41:27 AM
Beginner
Quick Reads
Poopcoin positions itself as a potentially worthless token, even going so far as to self-deprecate that it may be less useful than hot feces. Yet, this extreme minimalism perfectly reflects the fundamental power of Web3.

What is Poopcoin?

Poopcoin is a meme token launched on the Base blockchain. Unlike many projects that use complex IDOs or Launchpad offerings, Poopcoin was simply airdropped directly to holders within the Doodles NFT ecosystem.

From the outset, Poopcoin made no promises: it may be worth nothing, or even less useful than a novelty item. However, this directness contributes to its genuine nature. It openly acknowledges its lack of a commercial roadmap or inherent value. Through radical transparency, it challenges everyone’s assumptions about what an on-chain token can be worth.

POOP On-Chain Metrics

According to on-chain data as of now (July 2025), POOP’s key metrics are:

  • Market Cap: approximately $218,540 USD

  • Circulating Supply and Total Supply are the same: all 1 billion POOP tokens have been fully issued and are in circulation

  • Holders: over 19,800 unique addresses

  • 24-hour Trading Volume: nearly $0 USD

  • Fully Diluted Valuation (FDV): Matches the market cap at around $218K, due to the full issuance of tokens

POOP Tokenomics

  • Total Supply: 1,000,000,000 POOP

  • Maximum Supply: 1,000,000,000 (no additional minting)

  • No pre-mining, no team allocation, and no investor shares

  • All tokens airdropped to Doodles NFT ecosystem holders

  • No lockup or vesting schedule; all tokens are immediately liquid and tradable

This minimalist on-chain token model demonstrates, in the purest form, that the true power of Web3 isn’t about code or capital—it’s about participation.

For further information about Web3, visit: https://www.gate.com/

Summary

Web3 encompasses more than just tech stacks, protocol integrations, zero-knowledge proofs, and Layer 3 solutions. It also includes humor, satire, experimentation, and critical thinking. While Poopcoin probably won’t make you rich—and there may not be buyers—it will help you appreciate that the essence of on-chain culture is participation, collective humor, and unconventional thinking.

Author: Allen
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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