Hey Meme Insiders! 👋 Let’s break down ElonRWA, a meme token that’s been buzzing around the Base chain. If you’re scratching your head wondering what it’s all about, you’re in the right place. We’re going to explore everything from its contract to market sentiment.

What’s the Deal with ElonRWA?

ElonRWA, with the ticker $ElonRWA, is a digital token hanging out on the Base blockchain. Given its name, it’s pretty clear this is a meme coin inspired by none other than Elon Musk, mixed with a dash of Real World Assets (RWA) narrative. It’s part of the Base Meme ecosystem, which is where you find other tokens fueled by internet culture and community vibes.

Key Details:

• Token Symbol: ElonRWA
• Token Address: 0xaa6cccdce193698d33deb9ffd4be74eaa74c4898
• Blockchain: Base

Diving into the Contract

Let’s get technical for a sec. The token’s contract address, 0xaa6cccdce193698d33deb9ffd4be74eaa74c4898, is your gateway to understanding ElonRWA. If you pop over to BaseScan, you can see it all:

• ERC-20 Standard: It’s a standard token, meaning it does what most tokens do: transfer, balance, and approvals.
• Creator Address: Checking who created the contract might give us a clue about its origins.
• Transaction History: We’re talking about number of trades, unique traders, and the trading volume.
• Holders: This shows how spread out the token is—if it’s concentrated in a few wallets or shared among many.

Tokenomics: How Many and Where?

Here’s the lowdown on what makes ElonRWA tick:

• Total Supply: A whopping 100 billion tokens.
• Circulating Supply: About 36.85 billion tokens are out there in the wild.
• Distribution: This is shaped by how people trade and hold the token.
• Use Case: It’s mostly a meme coin, meaning it doesn’t have a specific utility beyond trading. It’s more about community and the buzz around the token.

Market Watch: Price and Trading

When it comes to trading, here’s what you should keep an eye on:

• Price History: The price of ElonRWA is a rollercoaster, just like any meme token.
• Trading Volume: This shows how much action is happening with the token, and gives an idea of how much market interest there is.
• Market cap: Currently sits around $7.24 million.
• Liquidity: Liquidity is key for easy buying and selling on DEXes.
• Listings: You can mainly find it on decentralized exchanges like Uniswap V3 (Base), Raydium (CLMM), and Aerodrome SlipStream.

As of the latest data, ElonRWA is priced at $0.000197, with a 24-hour trading volume of $604,730. It reached its all-time high of $0.000849 back on November 15, 2024, but has since dropped by about 76.8%. The most active trading pair is ELONRWA/WETH on Uniswap V3 (Base).

Semantic Triples:

• ElonRWA (Token) - Has a (Symbol) - $ElonRWA
• ElonRWA (Token) - Located on (Blockchain) - Base Chain
• ElonRWA (Token) - Contract Address - 0xaa6cccdce193698d33deb9ffd4be74eaa74c4898
• Base Chain (Blockchain) - Used for (Token) - ElonRWA
• ElonRWA (Token) - Type - Meme Token
• ElonRWA (Token) - Total Supply - 100 Billion
• ElonRWA (Token) - Circulating Supply - 36.85 Billion
• ElonRWA (Token) - Trading On (DEX) - Uniswap V3 (Base), Raydium (CLMM), Aerodrome SlipStream
• ElonRWA (Token) - Market Cap - $7.24 Million
• ElonRWA (Token) - Price - $0.000197
• ElonRWA (Token) - All Time High - $0.000849
• Uniswap V3 (Base) (DEX) - Primary Trading Pair - ELONRWA/WETH
• ElonRWA (Token) - Holder Count - 50,911
• ElonRWA (Token) - Liquidity - $951K on Uniswap V3 (Base)

Community Buzz and Sentiment

What do people think about ElonRWA? Here’s a peek:

• Social Media: Check out platforms like X (formerly Twitter), Telegram, and Discord for conversations about it.
• Sentiment: Is the community pumped, worried, or just chilling?

The community has been buzzing about potential real-world asset (RWA) connections to Elon Musk, though it’s mostly speculation at this point. Remember, meme tokens often rely on hype.

Risks to Keep in Mind

Alright, let’s talk risks:

• Meme Coin Volatility: Meme tokens can be wild, with prices swinging dramatically.
• Rug Pull Risk: There’s a risk of project abandonment.
• Lack of Utility: Many meme coins don’t have much use, relying on hype alone.

The Bottom Line

ElonRWA is a meme token on the Base chain that’s trying to catch some hype. With a total supply of 100 billion tokens and about 36.85 billion circulating, its market cap is around $7.24 million. You can find it trading on decentralized exchanges like Uniswap V3 (Base).

While there’s community buzz around its link to Elon Musk and the RWA narrative, it’s a meme token at heart. Its price is volatile, and there’s no real-world utility to hold it up.

So, if you’re thinking about diving into ElonRWA, do your research. It’s like a rollercoaster ride—thrilling, but you need to buckle up and know what you’re getting into.

Disclaimer: This isn’t financial advice. Always do your own research and never invest more than you can afford to lose.

Stay tuned for more updates right here at Meme Insider!