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FLOP on Base vs Flopcoin: How to Verify the Correct Token

FLOP on Base vs Flopcoin: How to Verify the Correct Token

Editor's Pick: Check FLOP's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

Quick overview

There’s a known mismatch in search results for “FLOP.” The most visible “Flopcoin” is a separate Layer-1 Proof-of-Work chain meme project, while the address you provided, 0x247791b19f6e14271440ac25689bb04796ec5bcb, points to a token on Base, an EVM-compatible network. Ticker collisions like this are common in crypto, especially with memecoins.

  • The prominent Flopcoin listed on some trackers is its own PoW blockchain focused on “celebrating the failed, the forgotten, and the downright hilarious.” See CoinPaprika’s Flopcoin page.
  • The Base-chain token at 0x247791b19f6e14271440ac25689bb04796ec5bcb may not be widely indexed under the FLOP ticker on major databases, which is why cross-referencing is crucial.
  • Base is part of the Base ecosystem and supports ERC-20 tokens via the EVM.

If you’re aiming to interact with the FLOP token on Base, use the contract address above as your single source of truth.

Why this confusion happens

  • Ticker reuse: Memecoins often reuse symbols across different chains.
  • Indexing gaps: New or niche tokens on Base might not be picked up quickly by major data aggregators.
  • Different tech stacks: A Layer-1 PoW project is fundamentally different from an ERC-20 token on an EVM chain, even if they share a name.

In short, “FLOP” can refer to two very different things: a standalone PoW blockchain project and a token deployed on Base.

How to verify the Base-chain FLOP token

Use these steps to confirm you’re looking at the right asset:

  1. Check the contract on BaseScan:
  2. Review contract details:
    • Confirm the contract source is verified.
    • Look for ownership information (is the owner renounced?), and whether there are functions that can change taxes or blacklist wallets.
  3. Validate liquidity:
    • Inspect liquidity pools on Base DEXes and check whether LP tokens are locked or burned.
  4. Cross-check social links:
    • If the contract or community pages reference X/Telegram/website, make sure they’re active and consistently pointing back to the same contract address.
  5. Compare with external trackers:
    • Some trackers may list “Flopcoin” as the PoW chain; treat those references as unrelated to the Base token unless they explicitly show the same Base contract address.

Trading options on Base

If you decide to trade after verifying the contract address, you can use:

Always verify the contract address (0x247791b19f6e14271440ac25689bb04796ec5bcb) before swapping. Beware of lookalike tickers or unofficial wrappers.

Safety checklist before you buy

  • Honeypot protection: Run a quick buy/sell simulation. GMGN.AI’s security checks can flag common traps.
  • Taxes and permissions: Check if the contract has adjustable tax parameters or blacklist functions.
  • Ownership and minting: Is the owner renounced? Are mint functions disabled? Any hidden backdoors?
  • Liquidity status: Is LP locked or burned? What’s the depth of liquidity?
  • Activity quality: Look for normal transfer patterns rather than scripted bursts.
  • Community signals: Consistent messaging across X/Telegram and active dev communication.

GMGN.AI offers tools like smart money wallet tracking, real-time analytics, and automated trading (Telegram integration required) to help navigate memecoin volatility. Use these features to complement your due diligence.

L1 Flopcoin at a glance (not the Base token)

  • It’s a separate Layer-1 Proof-of-Work blockchain project, not an ERC-20 on Base.
  • Technical and community details differ entirely from EVM tokens.
  • Learn more via CoinPaprika’s Flopcoin listing.

Final thoughts

The “FLOP” name now spans two distinct assets: a Base-chain token at 0x247791b19f6e14271440ac25689bb04796ec5bcb and a PoW Layer-1 project. To avoid mistakes, anchor every action to the verified Base contract address, confirm liquidity and ownership details, and use reputable tools and DEXes. When in doubt, pause and re-verify.

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