What is 100¥?
100¥ is a meme-style token deployed on BNB Smart Chain (BSC), identified by its contract address 0xafc4867779e03b81bebe62ec587f55e00cd02dc1. Like many community-driven tokens on BSC, its appeal often comes from social narratives, community momentum, and DEX trading activity rather than a traditional product roadmap.
- Chain: BNB Smart Chain (BSC)
- Contract: 0xafc4867779e03b81bebe62ec587f55e00cd02dc1
- Explorer: BscScan token page
BSC is popular for fast confirmations and low fees, making it a common home for meme tokens and quick-moving on-chain traders.
Contract Essentials to Check on BscScan
Before interacting with any token, confirm the basics directly on BscScan:
- Name and Symbol: Confirm the token shows as “100¥” (or the creator-defined name) and matches what you expect.
- Total Supply: See how many tokens exist. Some contracts allow burning (permanently removing tokens), which reduces supply over time.
- Decimals: Most ERC-20-style tokens use 18 decimals, which simply defines how divisible the token is.
- Holders: Review the number of unique wallets holding 100¥. Broad distribution can signal healthier community spread.
- Transfers: Higher transaction counts can indicate active interest.
- Creator and Deployment Tx: Check the deployer wallet and creation timestamp for added transparency.
- Verified Contract: Look for the green “Contract Source Code Verified” badge; verified code improves transparency and helps rule out basic red flags.
- Profile Links: If available, follow the official website and socials to understand the project’s stated goals.
Tip: In the “Holders” tab, review how concentrated the supply is. Very high percentages in a few wallets (including liquidity pool ownership) can indicate centralization risk.
Where and How to Trade 100¥
Meme tokens on BSC typically start on decentralized exchanges (DEXs) with liquidity pools (LPs). An LP is a pool of two tokens (for example, 100¥ paired with BNB or a stablecoin) that enables trading without a centralized order book.
Common places to trade and track 100¥:
- PancakeSwap: The leading BSC DEX for swapping tokens. Visit pancakeswap.finance.
- GMGN.AI: Track and trade 100¥ with real-time analytics via gmgn.ai’s 100¥ page.
- Dex tracking: Use DexScreener or PooCoin to discover active pairs, charts, and LP details.
Note: If 100¥ is new or niche, it may not appear on big aggregators yet. Over time, you may see listings on CoinGecko or CoinMarketCap with price, volume, and market cap.
Step-by-Step: How to Buy 100¥ on BSC (General Flow)
- Set up a wallet: Use a BSC-compatible wallet (e.g., MetaMask, Trust Wallet). Ensure BSC network is added if using MetaMask.
- Fund with BNB: Acquire BNB on a centralized exchange and withdraw to your wallet (BEP-20), or bridge from another chain.
- Import the token: On PancakeSwap (or your preferred DEX), paste the 100¥ contract address: 0xafc4867779e03b81bebe62ec587f55e00cd02dc1 to import the token safely.
- Check slippage: Some tokens use taxes that require slightly higher slippage. Start low and only increase if a swap fails.
- Confirm details: Double-check you’re swapping the correct token address before executing.
- Manage approvals: You’ll first approve token spending, then confirm the swap. Keep approvals minimal and revoke later if you don’t plan to hold.
Due Diligence: A Quick Checklist
- Contract verification: Is the source code verified on BscScan?
- Ownership and permissions: Does the owner hold special privileges? Can fees be changed? Is trading pausible or blacklists enabled?
- Liquidity health:
- Is LP locked or burned? If LP is unlocked, the creator could remove liquidity.
- Is the token heavily concentrated in deployer or related wallets?
- Taxes and honeypots:
- Honeypot means you can buy but can’t sell. Use tools that simulate a sell before buying.
- Check buy/sell taxes; extreme taxes can make exiting costly.
- Socials and roadmap: Are official links present? Is there a clear narrative, active community, or development updates?
- DEX activity: Review recent trades, volumes, and price impact on DexScreener or PooCoin.
Why Traders Also Use GMGN.AI
For fast-moving meme markets, specialized tools help spot trends early:
- Real-time charts and alerts: Quickly gauge momentum and track unusual inflows/outflows.
- Smart money tracking: Follow wallets known for high-conviction meme trades.
- Safety checks: Automated flags for honeypots and high taxes help reduce common traps.
- Cross-chain coverage: Monitor activity across multiple meme-heavy chains.
Explore 100¥ directly on GMGN.AI’s 100¥ page for analytics and trading access.
Understanding Key Terms (Plain-English)
- Decimals: How many fractional units a token supports. With 18 decimals, 1 token equals 10^18 smallest units.
- Liquidity Pool (LP): A pair of tokens locked in a smart contract to enable swapping without traditional order books.
- Honeypot: A malicious token that lets you buy but blocks or penalizes selling.
- Slippage: The difference between the expected price and the executed price. Higher slippage tolerates bigger price moves during your swap.
Research Workflow You Can Reuse
- Start at the explorer: Open the BscScan page.
- Verify code and links: Confirm verification, then follow official links if present.
- Scan holder distribution: Look at top holders and LP ownership to assess concentration.
- Review recent transactions: Active addresses and steady volume can signal organic interest.
- Map trading venues: Check PancakeSwap, DexScreener, and GMGN.AI for pairs, routes, and liquidity depth.
- Iterate: Re-check periodically; meme tokens evolve quickly.
Useful Links
- BscScan (100¥): https://bscscan.com/token/0xafc4867779e03b81bebe62ec587f55e00cd02dc1
- PancakeSwap: https://pancakeswap.finance/
- GMGN.AI (100¥): https://gmgn.ai/bsc/token/fV1R5sZ5_0xafc4867779e03b81bebe62ec587f55e00cd02dc1
- DexScreener: https://dexscreener.com/
- PooCoin: https://poocoin.app/
- CoinGecko: https://www.coingecko.com/
- CoinMarketCap: https://coinmarketcap.com/
Disclaimer: This article is for informational purposes only and not financial advice. Always verify details on-chain and understand the risks before trading.