Meme Insider
As meme tokens proliferate across chains, name collisions are getting common—and the ICELAND token is a textbook example. Here’s a straightforward breakdown of what exists on Ethereum vs BNB Chain, how to tell them apart, and the practical checks you should run before you trade.
Quick take
- There is a widely referenced ICELAND token on Ethereum with a different contract address than the BNB Chain token covered here.
- A similarly named token exists on BNB Chain at 0x3d31…cd3ff, but it shows minimal on-chain activity, very few holders, and an unverified contract.
- Always verify the exact contract address before taking action. Name alone is not enough.
The Ethereum ICELAND token (the one most people refer to)
- Chain and standard: Ethereum, following the ERC-20 standard.
- Contract address: 0x420fbb6006fb251318414ffa530590c3d7618e33.
- Launch: June 2024.
- Theme and origins: Leans into “0x420 culture” and meme aesthetics; references Matt Furie’s Boys Club universe and the Landwolf persona.
- Supply: Self-reported total/max supply of 420,690,000,000,000 (420.69 trillion) ICELAND.
- Trading venues: Debuted on Uniswap and later appeared on BitMart. It can be accessed via wallets like MetaMask.
- Liquidity and price: Historically volatile with inconsistent reporting across data sources; volumes can be thin. Treat data with caution and double-check live liquidity before market orders.
- Narrative threads: Some community chatter ties the “Iceland” theme to renewable energy and sustainability, but the core appeal is meme-culture-driven.
Learn more about Ethereum basics here: What is Ethereum?
The BNB Chain ICELAND token (the address you asked about)
- Chain and standard: BNB Smart Chain (BEP-20), compatible with EVM and ERC-20 patterns. Learn more about BNB Chain here: BNB Chain.
- Contract address: 0x3d31bfb3177612d386d54c2ae13f8ac769ccd3ff.
- Supply: 1,000,000,000,000,000 (1 quadrillion).
- Holders and activity: Extremely small holder base (around 9 holders at last check) and no confirmed price or meaningful trading volume on-chain.
- Transparency: Contract is not verified on BscScan, which prevents public code review and increases risk.
- Trading status: No clear evidence of established pairs or liquidity. If any pool exists, it would likely be on a BNB DEX such as PancakeSwap, but you must verify the pool and slippage before attempting a trade.
Why this discrepancy matters
Two tokens can share the same ticker/name and live on different chains with entirely different contracts, liquidity, and risk profiles. Confusing one for the other can lead to buying the wrong asset—or worse, interacting with an illiquid or unsafe contract.
How to verify you’re looking at the right ICELAND
- Match the exact contract address:
- Ethereum ICELAND: 0x420fbb6006fb251318414ffa530590c3d7618e33
- BNB Chain ICELAND: 0x3d31bfb3177612d386d54c2ae13f8ac769ccd3ff
- Check contract verification: Verified contracts on explorers let you review source code and read functions. Lack of verification is a red flag.
- Inspect holders and liquidity: Few holders and no active pools usually signal high execution risk and potential illiquidity.
- Confirm official links: Find a canonical website, X (Twitter), Telegram, or GitHub from a trusted source. Be wary if none exist.
- Watch for similarly named tokens: For instance, IcelandToken (ICT) is a different asset altogether.
Where to check and trade
- Monitoring and trading hub: You can review the ICELAND token data via GMGN.AI here: https://gmgn.ai/eth/token/fV1R5sZ5_0x3d31bfb3177612d386d54c2ae13f8ac769ccd3ff
- Ethereum ICELAND:
- BNB Chain ICELAND:
- Decentralized: If a pool exists, it would likely be on PancakeSwap. Add the exact BNB contract address and check the pool’s depth before any swap.
- Wallet and gas:
- Ethereum: Use a wallet like MetaMask and ETH for gas.
- BNB Chain: Configure MetaMask or Trust Wallet for BNB Smart Chain and hold BNB for gas.
Tip: Thin-liquidity meme coins can turn a market order into a costly slippage event. Use small test buys, limit orders where available, and verify liquidity depth before committing size.
Tokenomics snapshot (at a glance)
- Ethereum ICELAND (ERC-20):
- Supply: 420.69 trillion tokens (self-reported).
- Theme: Meme-first, “0x420 culture,” with comic references.
- Availability: Uniswap and a CEX listing history on BitMart.
- BNB Chain ICELAND (BEP-20):
- Supply: 1 quadrillion tokens.
- Holders: ~9 (very limited distribution).
- Transparency: Unverified contract on BscScan; no clear public docs or official site.
Key risks to consider
- Contract risk: Unverified contracts make it impossible to audit code easily. That’s a major red flag.
- Liquidity risk: Few holders and no visible pools mean you might not be able to enter or exit positions without severe price impact.
- Market data inconsistency: Meme tokens can show conflicting prices across trackers. Always cross-check live pools and recent trades on-chain.
- Name confusion: Same ticker across chains (or similar names like ICT) can mislead traders into the wrong asset.
Practical checklist before you trade
- Confirm chain and contract address character-by-character.
- Verify the contract on the chain’s explorer when possible.
- Check live liquidity: pool size, recent volume, and slippage.
- Start small, then scale if the market structure looks healthy.
- Follow official channels for updates and contract clarifications.
Bottom line
- The Ethereum ICELAND token (0x420f…e33) is the one most commonly referenced in public data and meme token circles.
- The BNB Chain ICELAND at 0x3d31…cd3ff shows minimal adoption, an unverified contract, and no clear trading footprint—treat with extreme caution.
- If you decide to engage, validate everything (address, liquidity, and legitimacy) and consider using specialized trackers and DEX tools to minimize execution and contract risk.
