Welcome to Meme Insider! Today, we're taking a look at a meme token making waves (or perhaps just tiny ripples) on the BNB Chain: $419INU, also sometimes called COCKPOT. This token draws inspiration from some rather... unique places in internet culture and cryptocurrency's wild side.

Operating on the BNB Chain, known for its relatively low transaction fees and faster speeds compared to other networks, $419INU is a BEP-20 token. You might also see it referred to with the symbol "$419INU" or even as "420Inu" on some platforms like BscScan.

Let's break down what we know about this intriguing meme coin.

The Basics: What is $419INU?

At its core, $419INU (COCKPOT) is a meme coin. If you're new to crypto, meme coins are cryptocurrencies inspired by internet memes, jokes, or cultural phenomena. They often gain popularity through social media hype rather than underlying technology or utility, which means they can be extremely volatile.

This token's theme is quite specific, blending elements of the infamous "419 scam" emails (the kind that promise huge sums of money if you just send a small fee first) with the often absurd and playful nature of crypto communities. The project brands itself as "419INUCOCKPOT" and uses humorous, sometimes irreverent, language and metaphors (like "The Great Broth") in its communications, primarily on platforms like X (formerly Twitter).

The contract address for $419INU on the BNB Chain is 0x89f4e8011c35831130c4c3ab95e53de9411d2fcc. This is the unique identifier for the token on the blockchain.

Market Snapshot

Looking at recent data, $419INU shows some signs of trading activity, though figures can fluctuate.

• Current Price: Reports have shown the price hovering in the range of $0.0002 to $0.0003 USD. As is typical with meme coins, this price can change rapidly.
• Market Cap: The market capitalization has been reported around $926,000 USD.
• 24h Trading Volume: The 24-hour trading volume is roughly around $102,000 USD.

These figures suggest some level of engagement and trading, but it's still a relatively small market cap compared to larger crypto assets.

Tokenomics and Supply

According to details shared by the project on X, the total supply of $419INU is 4,190,000,000 tokens. (Note: While BscScan might show a larger figure like 419 Trillion, the tokenomics breakdown provided by the team points to the 4.19 Billion figure being relevant for allocation).

The tokenomics reportedly include:

• DEX Liquidity (45%): A significant portion is allocated to providing liquidity on decentralized exchanges (DEXs). The project claims this amount is locked for 100 years in a liquidity pool (LP) to help prevent rug pulls and ensure trading availability.
• Free Soup Pot (9%): Allocated for community rewards, airdrops, or promotional events.
• The remaining percentage is likely for other purposes like marketing or development, though specific details aren't always made public for meme tokens.

The claimed 100-year liquidity lock is a noteworthy point, as it suggests a commitment to long-term trading availability. However, without a publicly verified contract, independent confirmation of this lock can be difficult.

Where to Find and Trade $419INU

If you're looking to buy or trade $419INU, it's primarily available on decentralized exchanges on the BNB Chain.

• Trading Platforms: PancakeSwap V2 is a key DEX where $419INU can be traded. You can often find charting and trading information on platforms like DEXTools and DEX Screener. ApeSpace might also show additional statistics.
• Wallet Support: Wallets like the Web3 Bitget Wallet support $419INU, allowing you to store, send, or swap the token.

For tracking meme tokens, including $419INU, specialized platforms can be helpful. GMGN.AI is one such platform designed for analyzing and trading meme tokens quickly across various chains. It offers features like smart money tracking and real-time analytics. You can potentially find a dedicated page for $419INU on GMGN.AI to see its performance and trading options.

Things to Consider: Risks and Red Flags

As with any meme token, investing in $419INU comes with significant risks you absolutely need to be aware of:

• High Volatility: Meme coins are notoriously volatile. Their price can skyrocket or plummet based on sentiment, social media trends, or lack of liquidity, not necessarily on project fundamentals.
• Meme-Driven: The value is tied more to community hype and cultural trends than practical use cases.
• Unverified Contract: The lack of a publicly verified contract on BscScan means the source code isn't available for independent review. This is a major transparency concern.
• Low Liquidity: While some liquidity is allocated, low liquidity can lead to significant price slippage during trades, especially for larger amounts.
• Honeypot/Rug Pull Risk: Although the project claims a liquidity lock, the unverified contract status means there's always a potential, however small, for malicious code that could prevent selling or allow developers to drain funds (a "rug pull").
• Small Community/Adoption: A low number of holders (as reported on BscScan) suggests the project hasn't gained widespread adoption yet.
• Controversial Theme: Drawing inspiration from scams, even satirically, could potentially attract negative attention or regulatory scrutiny.

Conclusion

$419INU (COCKPOT) is a meme token on the BNB Chain with a distinct and humorous theme. It has a specific contract address, shows some market activity on DEXs like PancakeSwap, and the team highlights a long-term liquidity lock in their tokenomics.

However, like many meme coins, it's a high-risk, speculative asset. The unverified contract, potential for volatility, and reliance on community hype are significant factors to consider.

If you're interested in $419INU, proceed with extreme caution. Do your own thorough research (often called "DYOR" in crypto), understand the risks involved with meme tokens, and only invest what you can afford to lose. Monitoring its activity on platforms like BscScan, X, and tracking tools like GMGN.AI is essential if you choose to engage.

Stay informed and trade safely!