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Ramda AI (RAMDAI) on Ethereum: What We Know, Risks, and How to Verify

Ramda AI (RAMDAI) on Ethereum: What We Know, Risks, and How to Verify

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

Ramda AI (symbol: RAMDAI) is tied to contract address 0xdac32deb60c817ee1cd8fc2bb2a7cda2ce1732d0 and is primarily associated with the Ethereum blockchain. While some posts around the web reference BNB Chain, multiple reputable sources map this exact address to Ethereum. Confusion likely stems from mirrored or mistaken listings.

Snapshot

  • Name: Ramda AI (RAMDAI)
  • Chain: Ethereum (per the provided address)
  • Contract: 0xdac32deb60c817ee1cd8fc2bb2a7cda2ce1732d0
  • Positioning: “The smart sheep” project combining AI with automated financial management and arbitrage tooling
  • Status: Very low activity; several third-party warnings urge caution

Quick note on terms:

  • Arbitrage refers to buying and selling the same asset across different markets to capture price differences. It typically requires speed, liquidity, and robust tooling.

What the project claims to do

Ramda AI markets itself as blending artificial intelligence with automated financial management, hinting at the ability to run models locally and “catch arbitrage opportunities.” However, there’s no easily discoverable, detailed whitepaper or technical documentation tied to this specific contract. Many AI-crypto concepts (like decentralized AI protocols or proof-of-compute) are sector-wide ideas and not necessarily implemented here.

Tokenomics (as reported by third-party trackers)

  • Total supply: ~420,690,000 RAMDAI
  • FDV: Reported inconsistently
    • CoinGecko: ~$8.39M FDV (based on an assumed maximum of 1B tokens)
    • CoinStats: ~$44.9K FDV
  • Circulating supply: Not consistently reported

The wide FDV disparity signals data quality issues and low market confidence. Treat any valuation figures with skepticism and verify fresh data before acting.

Market activity and key risks

  • Low activity and potential delisting: CoinStats flagged RAMDAI for deletion due to inactivity. That often correlates with thin liquidity, poor data availability, and minimal community traction.
  • Explicit scam cautions: Bitget Wallet has warned users to “be wary of scams!” regarding Ramda AI. Always treat such flags seriously.
  • Volatility and slippage: Illiquid tokens can swing wildly, and swaps may incur significant price impact. Use tight slippage only if you fully accept the execution risk.

Where to trade and track RAMDAI

Tip: Always verify that the token you interact with matches the Ethereum address above. Do not rely solely on ticker symbols.

About the “BNB Chain” claims

Some sources frame RAMDAI as a BEP-20 or an algorithmic stable-like asset on BNB Chain. However:

  • The specific address 0xdac32deb60c817ee1cd8fc2bb2a7cda2ce1732d0 is recognized as an Ethereum token address by several data platforms.
  • Separate checks referencing BscScan have failed to surface a live, verified BEP-20 token under this exact address, suggesting the BNB Chain narrative for this contract is likely incorrect or unverified.

Bottom line: For this address, treat RAMDAI as an Ethereum token unless you find an auditable, chain-specific contract deployed on BNB Chain with verifiable metadata.

Practical verification steps (before you interact)

  • Confirm the contract: Search the address on a reputable Ethereum explorer like Etherscan. Verify token details (decimals, holders, contract code, social links).
  • Inspect liquidity: Check pool sizes and historical volume on DEXs. Thin pools mean higher slippage and easier price manipulation.
  • Cross-check listings: Compare multiple aggregators (e.g., CoinGecko, CoinMarketCap). Inconsistent or missing data is a red flag.
  • Watch for warnings: Wallets and scanners that flag “honeypot,” nonstandard transfer fees, or admin privileges should prompt extra caution.
  • Test with small amounts: If you proceed, start small to validate transfers, taxes, and sell-ability.

Who might consider RAMDAI?

  • Highly risk-tolerant traders who specialize in low-liquidity microcaps and understand the dangers of data-poor tokens.
  • Analysts seeking to track AI-labeled tokens for research purposes rather than capital deployment.

Final take

  • The RAMDAI token at 0xdac32deb60c817ee1cd8fc2bb2a7cda2ce1732d0 appears to be on Ethereum, not BNB Chain, despite some conflicting mentions.
  • Documentation is scarce, market activity is minimal, and third-party cautions exist. Treat this token as high risk.
  • If you engage at all, verify the contract carefully, use a reputable DEX like Uniswap V2, and consider tracking via GMGN.AI for additional on-chain context.

Disclaimer: This article is for informational purposes only and is not financial advice. Always do your own research and never risk funds you cannot afford to lose.

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