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GouGouBi (狗狗币) on BNB Chain: Liquidity, Risks, and How to Trade

GouGouBi (狗狗币) on BNB Chain: Liquidity, Risks, and How to Trade

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

GouGouBi (狗狗币) is an independently deployed BEP-20 memecoin on BNB Chain. Despite the name overlap with Dogecoin (DOGE), this token is unrelated to the original Dogecoin network. It appears to be a Dogecoin-inspired or name-referenced memecoin operating entirely on BSC.

Quick facts

  • Name (inferred): GouGouBi (狗狗币)
  • Symbol: 狗狗币
  • Contract: 0xb05678ed0c9559955559de864829a0c8af574444
  • Chain: BNB Smart Chain (BSC), BEP-20 standard
  • Category: Memecoin / Derivative token
  • Not the same as Dogecoin (DOGE) on its native chain

You can verify the token contract and on-chain activity on BscScan and learn more about the BEP-20 standard via Binance Academy.

Market snapshot (historical data points)

  • Trading pair: 狗狗币/WBNB exists on DEXs such as PancakeSwap.
  • Liquidity: A reported pool once held about 163,746,195 狗狗币 and 23.64 WBNB, roughly totaling around $31,000 in liquidity at that time.
  • Activity: Prior snapshots indicate notable activity with thousands of buys and sells (e.g., ~3,217 buys vs. ~2,532 sells), buy volume around $407K and sell volume around $399K, across roughly 1,849 buyers and 1,577 sellers.
  • Price: A past price snapshot recorded approximately $0.0001900 per token.

These figures are historical and for context only. Liquidity, price, and volume change rapidly in memecoin markets.

Key risks and what to watch

  • Audit warning: Some market trackers displayed a “Warning! Audits!” note for this contract. That can mean the contract is unaudited or that audit issues may exist. Unaudited contracts can carry risks like exploitable bugs, hidden fees, or rug-pull mechanics.
  • Memecoin volatility: As a typical memecoin, price action is heavily sentiment-driven rather than anchored by fundamentals. Expect high volatility and the potential for sharp drawdowns.
  • Limited official info: There was no clearly verified website, whitepaper, or active social channels tied to this exact contract. Without official disclosures, it’s harder to evaluate team intent, roadmap, or token mechanics.
  • Name confusion: This token is not the widely known Dogecoin (DOGE). Be careful not to confuse branding similarities with actual project affiliation.

Always do your own research and assess smart contract risks before interacting with any new token.

How to trade and track GouGouBi (狗狗币)

  • PancakeSwap: You can look for the 狗狗币/WBNB pair on PancakeSwap. If the token isn’t listed by default, import the contract address (0xb05678ed0c9559955559de864829a0c8af574444) manually and double-check you’re using the correct contract.
  • GMGN.AI: For real-time tracking and trading, you can use GMGN.AI’s token page for GouGouBi. GMGN.AI offers:
    • Smart money tracking to follow top wallets’ behavior.
    • Security checks for risks like honeypots or high taxes.
    • Automated trading features (requires linking a Telegram account via https://t.me/gmgnaibot?start=i_fV1R5sZ5).
    • Cross-chain analytics and trading tools tailored for memecoins.

Tip: When trading newly discovered tokens, start with small amounts, verify slippage and potential tax settings, and consider revoking approvals after trading if you won’t hold long-term.

Best-practice checklist for memecoin interactions

  • Verify the contract: Always confirm you’re interacting with the exact address: 0xb05678ed0c9559955559de864829a0c8af574444.
  • Use reputable DEXs/tools: Prefer known platforms like PancakeSwap and monitoring tools like GMGN.AI.
  • Test transactions: Try a small test swap first to confirm the token isn’t a honeypot and to understand slippage/tax behavior.
  • Watch liquidity health: Thin liquidity can cause large price impact and slippage.
  • Manage approvals: Periodically review and revoke token approvals using your wallet security tools.
  • Expect volatility: Treat memecoins as high risk; only risk capital you can afford to lose.

FAQs

  • Is GouGouBi (狗狗币) the same as Dogecoin (DOGE)?
    • No. Despite the Chinese name meaning “Dogecoin,” this is a separate BEP-20 token on BSC and has no direct link to DOGE.
  • Is the contract audited?
    • Some trackers have displayed audit warnings. Treat it as unaudited unless credible audit documentation is published and verified.
  • Where can I trade it?

Final thoughts

GouGouBi (狗狗币) on BNB Chain exhibits the hallmarks of a speculative memecoin: community-driven price moves, mixed liquidity depth, and limited official information. Combine cautious position sizing with solid due diligence. If you explore this market, lean on reliable DEXs and analytics platforms, verify contract details, and stay vigilant about smart contract and liquidity risks.

Disclaimer: This content is for informational purposes only and is not investment advice. Crypto assets are volatile and carry risk. Always do your own research.

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