HANA Token on Base Chain: Unveiling the AI-Powered Virtuals Project

The HANA token, specifically the one with the address 0x1cfc22860fe46a622e3c2d1c9b036412467ef4c9, is stirring interest on the Base chain. This token is primarily associated with "Hana by Virtuals," a fascinating project built around an artificial intelligence (AI) agent named Hana. Imagine an AI character that's not just a chatbot but a transmedia personality, appearing in short films, manga, games, and even interacting directly with communities on social media. Hana's core mission is to help users develop their digital brands by generating personalized content—think videos, images, and text—all powered by its proprietary AI framework and fueled by NFT identity.

Hana also forms the backbone of Hana Studios, a platform offering "Agent-as-a-Service" tools. Access to these services is primarily facilitated through crypto payments, with the $HANA token being the native currency for the ecosystem.

Built on Base Chain

The HANA token is deployed on the Base chain, which is Coinbase's Layer 2 scaling solution for Ethereum. Base aims to provide a secure, cost-effective, and developer-friendly environment, making it an attractive network for decentralized applications and tokens like HANA. The token itself was created on February 7, 2025.

Token Information and Tokenomics

The HANA token linked to the address 0x1cfc22860fe46a622e3c2d1c9b036412467ef4c9 has a token name of "Hana by Virtuals" and a symbol of HANA. There's some conflicting information regarding its total supply: one report states a total supply of 1 Billion (1B) tokens, with a fully diluted valuation and market capitalization in the range of $713K to $850K as of June 17, 2025. However, data directly from BaseScan for this specific contract indicates a total supply of 100,000,000 (100 Million) HANA tokens and reports the token price as $0.00, suggesting extremely low liquidity or no recent trades. As of the latest BaseScan data, this particular HANA token has only 18 holders. Given this, it's crucial for potential users to understand that despite the project's vision, this specific token's market activity and liquidity are currently very limited.

Trading Insights

For those looking to trade HANA tokens, decentralized exchanges (DEXs) within the Base ecosystem are the primary venues. Uniswap V2 (Base) is noted as a common platform, with HANA/VIRTUAL being an identified active trading pair. You can also manage or trade HANA through various crypto wallets like Bitget Wallet, OKX Wallet, and Phantom. However, the 24-hour trading volume for this specific HANA token can fluctuate significantly, reflecting its low market activity as indicated by the $0.00 price on BaseScan.

Security and Contract Details

A security analysis by QuillCheck assigned HANA an overall score of 37.25%, classifying it as "Not a Honeypot" (meaning it is sellable). The token has a 1% buy tax, a 1% sell tax, and a 0% transfer tax.

Regarding contract permissions, there are no other addresses with special privileges, and while the token supply isn't fixed, tax rates are modifiable. The contract does not implement blacklisting or whitelisting of holders, nor does it have a self-destruct mechanism, and it's open source. Anti-whale measures are not modifiable. A proxy contract was detected, which could allow for future upgrades.

However, it's important to note that the contract for this HANA token has not been verified on BaseScan, and no security audit has been formally submitted. BaseScan also shows compiler-specific warnings (low-severity) related to potential vulnerabilities. These points raise caution for potential investors.

Use Cases and Utility

The HANA token on the Base chain, likely part of the broader Hana Network ecosystem, envisions enabling "Hypercasual finance with social network effects." The Hana Network aims to simplify crypto interactions by integrating them into everyday social applications like Twitter and Telegram via its Hana Gateway, a decentralized cross-chain portal.

While specific utility for this particular Base chain HANA token is limited given its current market status, generally, tokens within such an ecosystem are used for:

Utility: Facilitating transactions or fees within the Hana Gateway and accessing Agent-as-a-Service tools.
Governance: Allowing holders to participate in decision-making processes for the Hana Network.

Community Engagement and Sentiment

Social media platforms, especially X (formerly Twitter), show some activity around HANA tokens. Posts highlight its launch on Base and association with the Hana Network. However, it's worth noting that some X posts have also warned about potential rug pulls for different HANA token contracts, indicating mixed sentiment and the need for due diligence.

There have also been mentions of HANA airdrops, with some claims suggesting significant rewards. These claims, especially those referencing Binance backing, remain unverified and should be approached with skepticism, as no official Binance listing for this specific Base chain HANA token has been confirmed.

Navigating the HANA Ecosystem and Risks

It's crucial to understand that there are multiple HANA tokens across different blockchains (e.g., Ethereum, BNB Chain), which can create confusion. For instance, the Ethereum HANA token (0xb3912b20b3abc78c15e85e13ec0bf334fbb924f7) is described as a decentralized meme token with higher liquidity and active trading on exchanges like KCEX and Uniswap V2, boasting a market cap around $107,005 USD. There's also Hanacoin, a separate proof-of-work project from 2018.

The HANA token on the Base chain (address 0x1cfc22860fe46a622e3c2d1c9b036412467ef4c9) appears to be a smaller, less active project compared to its Ethereum counterpart. Key risks and considerations for this specific token include:

Unverified Contract: The lack of contract verification and a formal security audit increases the risk of vulnerabilities.
Low Liquidity: The reported $0.00 price and minimal holder count (18) suggest very low market activity, making it illiquid and potentially risky for trading.
Ambiguity: The existence of multiple HANA tokens necessitates careful verification to ensure you're interacting with the intended token.
Unconfirmed Claims: Unverified claims of Binance involvement or large airdrops should be treated with extreme caution.

For users interested in exploring and tracking meme tokens, including HANA, platforms like GMGN.AI offer comprehensive tools for analysis and trading. GMGN.AI provides features like smart money tracking, real-time analytics, automated trading, and security checks to help identify risks like honeypots or high transaction taxes. You can find detailed information on HANA's performance and trading options on GMGN.AI's dedicated page for the token. This kind of platform can offer valuable insights for navigating the volatile meme token market.