Beenz Token ($BEENZ) on Solana: Reviving Web1's Digital Currency Pioneer
The crypto world has witnessed the revival of a Web1 pioneer through the launch of $BEENZ on Solana, a meme token paying homage to one of the internet’s first digital currencies. Let’s explore how this nostalgic project is making waves in the modern crypto landscape.
What is Beenz Token?
$BEENZ is a community-driven cryptocurrency built on the Solana blockchain, drawing inspiration from the original Beenz currency launched in 1998 by Charles Cohen in London. While the original Beenz was a pioneering online currency that rewarded users for web activities, today’s $BEENZ reimagines this concept for the Web3 era.
Token Details:
- Symbol: $BEENZ
- Contract Address:
9sbrLLnk4vxJajnZWXP9h5qk1NDFw7dz2eHjgemcpump
- Blockchain: Solana
Market Performance
As of January 22, 2025, $BEENZ shows promising market activity:
- Current Price: $0.010366
- Market Cap: $10.37 million
- 24h Trading Volume: $10.23 million
- All-Time High: $0.014018 (Jan 21, 2025)
- All-Time Low: $0.008075 (Jan 21, 2025)
Tokenomics
The token features a straightforward supply structure:
- Total Supply: 1 billion tokens
- Circulating Supply: ~999.99 million tokens
Why Beenz Matters
Advantages
- Built on Solana’s high-performance blockchain
- Low transaction fees
- Strong nostalgic appeal
- Active community engagement
Risk Factors
- High price volatility common in meme tokens
- Limited utility beyond speculation
- Potential liquidity constraints
- Market manipulation risks
How to Buy $BEENZ
- Set up a Phantom Wallet
- Purchase SOL from an exchange
- Connect your wallet to a Solana DEX
- Swap SOL for $BEENZ
Looking Ahead
While $BEENZ capitalizes on nostalgia and community engagement, investors should approach with caution. The token’s success will likely depend on its ability to build sustainable community interest while navigating the volatile meme token landscape.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry significant risks, and you should never invest more than you can afford to lose.