Meme Insider
If you’ve spent time browsing new tokens on the BNB Chain, you might have come across BINANTS (symbol: BINANTS, contract: 0xe00e6919895929090c2d5342ae8375c169cf8888). Here’s what you need to know about this meme token—especially if you’re considering participating or just want to stay informed about new launches in the BSC (BNB Smart Chain) ecosystem.
What is BINANTS?
BINANTS (sometimes referred to as "Binance Ants" on BscScan) is a token deployed on the BNB Chain. It follows the BEP-20 token standard (the equivalent of ERC-20 for BNB Chain), with a total supply of 1,000,000,000,000 BINANTS. According to on-chain data, the contract was created on July 20, 2024, and there are currently about 3,275 holders, with over 44,000 transactions logged as of late July 2025.
You can find trading pairs for BINANTS on PancakeSwap, typically against Wrapped BNB (WBNB). The most recent price data available pegs BINANTS at around $0.0006010, with roughly $86,000 in liquidity—a modest but notable presence for a newer meme token.
BNB Chain Ecosystem Recap
The BNB Chain is one of the largest blockchains for decentralized apps, DeFi, NFTs, and gaming. Its native token, BNB, is used for transaction fees (gas), staking, governance, and as a trading pair across various platforms. BNB also features a deflationary mechanism with regular token burns, aiming to boost long-term value.
Compared to BNB, which has a market cap of billions and is widely adopted, BINANTS is a niche player—largely unlisted on major tracking sites like CoinMarketCap and CoinGecko and primarily traded on DEXs.
What’s Known (and Unknown) About BINANTS
Transparency Concerns:
One of the biggest red flags is the absence of any official website, whitepaper, or verified social media channels for BINANTS. You won’t find links to an official project team or vision statement. This is unusual for any legitimate crypto project and should put you on alert for possible scams or projects with no long-term ambitions.Smart Contract Status:
BINANTS’s contract is verified on BscScan (see the code here), which means the source code is public and matches the on-chain bytecode. However, there’s no public audit from a reputable third party. Token review tools like Token Sniffer rate it at 70/100, and Honeypot.is flags no issues, but these are basic automated checks. For real peace of mind, a full audit report is crucial.Tokenomics and Use Cases:
With no whitepaper or community channels, the purpose of BINANTS is unclear. It appears to function primarily as a meme token, possibly inspired by BNB Chain or the Binance brand (which in itself could be a copyright concern). There’s no documentation of unique utility, DeFi integrations, NFT support, or GameFi mechanics.Market Data:
- Total Supply: 1 trillion BINANTS
- Holders: 3,275
- Transactions: 44,683
- Price & Liquidity: Price only tracked on DEXs; not available on major aggregators; liquidity around $86,000 as per latest DEX data.
- Major Exchanges: Not listed; DEX trading only.
Security and Risk Considerations
Unaudited Smart Contracts:
Without a formal audit, you run the risk of code vulnerabilities—anything from hidden minting functions to potential rug-pull mechanics. While the contract is verified and basic automated tools show no major issues, only a third-party audit truly ensures safety.Lack of Transparency:
The project’s absence from social media and lack of a website are major warning signs. Legitimate tokens nearly always have at least some form of documentation and a direct line to the community.Potential Scam Risk:
Using the “Binance” name (even indirectly as “Binance Ants”) might be an attempt to ride on the reputation of Binance or BNB Chain, which is a common tactic among scam projects.Market and Liquidity Risks:
With no centralized exchange listings and price only available on DEXs, there’s a risk of low liquidity, which can cause extreme price volatility and slippage. You might not be able to sell large amounts without moving the market.Phishing and Impersonation:
Since there are no official channels, be cautious with any third-party websites, Telegram groups, or X (formerly Twitter) accounts claiming to represent BINANTS. These are likely to be phishing scams.
Best Practices for Blockchain Practitioners
Do Your Own Research (DYOR):
Check BscScan for any contract updates, holder distribution, and transfer activity. Avoid relying on hype from unofficial sources.Use Trusted Wallets:
When interacting with new tokens, stick to well-established wallets such as Trust Wallet or MetaMask. Always double-check contract addresses to avoid copycat scams.Security First:
Don’t trust unaudited contracts with significant funds. If you’re experimenting with BINANTS, consider using a separate wallet with a small amount of BNB for gas fees.Monitor for Updates:
If official channels, audits, or a website emerge, reevaluate your risk. Until then, treat the token as extremely high risk.
Exploring Meme Tokens Safely
Want to analyze meme tokens like BINANTS without navigating the risks blind? Platforms like GMGN.AI can help. GMGN.AI offers smart money tracking, real-time analytics, automated trading, and built-in security checks, making it easier to spot scam tokens and find real opportunities. If you want to keep an eye on BINANTS, check its profile on GMGN.AI’s dedicated page.
Final Thoughts
BINANTS is a perfect example of why the “meme token” scene on BNB Chain is both exciting and fraught with risk. While it has some traction on-chain, the lack of transparency, audit, and clear utility means caution should be your top priority. For blockchain practitioners and meme token enthusiasts, staying informed—and secure—should always come first.
