How a Meme Coin Got Popular?
In the fast-paced and often unpredictable world of cryptocurrency, meme coins have found a unique and powerful place. These digital items are all about internet culture, jokes, and making you feel like you belong. They can go from being funny to being very well-liked in the market. People are talking a lot about a new token on the Base blockchain called BeromesButt ($BUTT) because of its weird name and the way its price changes. There are a lot of animal-themed tokens in the crypto market, but $BUTT is different because it has a fun name and wants to do more than just make people happy.
This article gives an honest and complete review of the BeromesButt token. We will talk about its main parts, how it has done in the market since it came out, its active community, and the risks and chances it offers. This in-depth look at $BUTT will give you all the information you need to understand it, no matter how long you’ve been interested in cryptocurrency. It will also follow the important rule to “Do Your Own Research” (DYOR).
BeromesButt ($BUTT) Token Overview: It’s Not Just a Name
People will probably laugh and raise their eyebrows when they first hear the name “BeromesButt.” But there is a digital asset behind the funny surface that needs clear technical help. You need to know these things before you can really analyze crypto.
- Token Name: BeromesButt
- Symbol/Ticker: $BUTT
- Blockchain/Ecosystem: Base
- Type: Meme Coin
- Contract Address: 0xcba6fabf7df8ada1995d1f57acaf520198289ca9.
- Launched Date: September 15, 2024
Choosing the Base ecosystem is a big choice that will have an impact on your business. Base, an Ethereum Layer-2 scaling solution made by Coinbase, has quickly become a popular place for meme coins and decentralized apps (dApps). It has lower gas fees and faster transaction times than the Ethereum mainnet. This makes it easier for high-frequency trading, which is often linked to meme coins. Launching on Base puts $BUTT in a tech-savvy ecosystem that is growing, which could make it easier to find and use.
Important Numbers: Learning About the $BUTT Market Data
A professional analysis must be based on facts. The table below shows how well BeromesButt’s economy is doing right now. It’s important to remember that this information can change quickly when it comes to meme coins, which can be very unstable.
Table 1: A quick look at the market data for BeromesButt ($BUTT)
| Data Point | Value | Notes |
|---|---|---|
| Current Price | $2,754.59 | This figure appears to be an anomaly; see analysis below. |
| Market Cap | Not Available | Typically calculated as (Circulating Supply x Price). |
| Fully Diluted Valuation (FDV) | $2,754.59 | Based on Total Supply; also appears anomalous. |
| Total Supply | 5,000,000 $BUTT | Fixed supply can influence scarcity. |
| Circulating Supply | Not Available | Key metric for accurate market cap calculation. |
| 24h Trading Volume | $50.45 | Indicates low recent trading activity. |
Be Careful with the Price Data:
The current price and FDV of $2,754.59 are very strange for a new meme coin that only has 5 million tokens in circulation. The market cap would have to be in the trillions if the price were in the thousands of dollars. The source’s data is probably wrong, or the price is being reported wrong (for example, the decimal point is in the wrong place). The All-Time Low (ATL) of $0.0004529 shows a wider range of prices. For the rest of this analysis, we will only look at performance metrics that can be checked, like ATH and ATL. These help us understand more.
A Ride Through the Past of Prices and Performance
The price chart for any new meme coin is usually very unstable, and BeromesButt is no different. You can learn a lot about how the market works and how people feel about it by looking at its all-time highs and lows.
All-Time High (ATH) and All-Time Low (ATL)
- The price hit an all-time high of $0.3935 on December 6, 2024.
- The price hit its lowest point ever on September 26, 2024, when it dropped to $0.0004529.
The ATH and ATL are very different from each other, which shows how unstable this type of asset can be. In early December 2024, the token reached its highest point, but then it lost a lot of value. Prices are still being set because the ATL was only recorded four days after it came out. The excitement at first may be wearing off. Coins in the meme coin world often fall from their all-time high (ATH) to their current trading range, which is close to their all-time low (ATL), in a short amount of time.
A Look Back at How Things Have Gone in the Past Week
- The price has been between $0.0004529 and $0.0005381 in the last week.
The seven-day range shows that $BUTT has been trading in a very small range, with its ATL acting as the bottom limit. There isn’t much trading or liquidity right now because not much trading has happened in the past day. This could be a good thing or a bad thing:
- Risk: Trading is risky because there isn’t much liquidity, so even small buy or sell orders can cause prices to change a lot (slippage).
- Opportunity: Some people might think this is a good time to get their act together before doing something, but that’s just a guess.
We can’t say how well the token will work over the next 30 days or year because it’s still new. In the next few months, it will be very important to know what the long-term trend is.
How to Get BeromesButt ($BUTT) and Wallets That Work with It?
Right now, big centralized exchanges (CEXs) like Binance, Coinbase, and Kraken don’t have $BUTT. The information you gave me shows that it is on the “global cryptocurrency market.” This usually means that it is traded on decentralized exchanges (DEXs). You would probably need to use a DEX that works on the Base network to get $BUTT. For example:
- Uniswap on Base
- BaseSwap
- Cash for the Aerodrome
You can trade $BUTT for another token, like ETH or stablecoins on Base, by connecting a Web3 wallet that works with the DEX and using its contract address, 0xcba6fabf7df8ada1995d1f57acaf520198289ca9.To avoid being scammed, always double-check the contract address with official sources.
Our Best Wallets
You need a wallet that works with the Base network and ERC-20 tokens to keep your $BUTT tokens safe. Here are some of the most common and easy choices:
- MetaMask is the most popular browser add-on and mobile Web3 wallet.
- The Base ecosystem works well with Coinbase Wallet, and it’s very easy to use.
- Trust Wallet is a secure mobile wallet that can store a wide range of tokens and blockchains.
You have to add the Base network yourself or through a trusted provider if you want to see and use your $BUTT tokens after you get one of these wallets.
People and Their Communities: Overall Reason for $BUTT Movement
A meme coin is only worth something if the whole community supports it. A token like $BUTT is worth a lot because it is culturally important, a lot of people use it, and it has a strong community. By itself, it doesn’t mean anything.
Talking to People and Being Active on Social Media
- Twitter/X (@BeromesButt): This is probably where most people in the $BUTT community hang out. The most important things to look at here are the number of followers, the engagement rate (likes, retweets, replies), and how often and well the content is posted. To keep the hype going and get new holders, your Twitter account needs to be busy and active.
- Linktree (linktr.ee/beromesbutt): This is the main place where people can find all the project’s important links, such as the Discord server, Telegram group, and other social media sites. A well-kept Linktree shows that professionals run the community.
- Website/Docs (docs.burrbear.io): The link takes you to a site with documentation, which is a good sign. It looks like they want to do more than just make a funny picture. They might also talk about the project’s past, how its tokens work, and what it hopes to achieve in the future. A clear, well-written “lite-paper” or “memepaper” can make things seem more real.
The Community’s Power
Dogecoin and Shiba Inu are two tokens that have shown how a dedicated, “grassroots” community can help them get to the top.
The $BUTT community does the following:
- Make and share memes: The best way to get the word out is to make things that are funny, real, and easy to share.
- Create a good culture: More people will want to join your community if it is friendly and fun.
- Community governance: If the project becomes a decentralized autonomous organization (DAO), the community will be able to choose what happens next.
The “BurrBear” branding in the docs link makes it sound like the token is part of a story. This is important for keeping people interested in it over time.
A Realistic Look at the $BUTT Ecosystem: Risks and Issues
Putting money into a cryptocurrency is always risky, but meme coins like BeromesButt are even riskier. We need to be honest about these things in order to get a fair picture.
Problems with cash flow
A lack of trading in 24 hours is a big red flag. What does it mean when there isn’t a lot of money available?
- Hard to Get Out: If you have a lot of tokens, it might be hard to get the price you want when you sell them.
- Market Manipulation: People who own a lot of $BUTT, also known as “whales,” can easily change the price with trades that aren’t too big.
Very shaky
The price of $BUTT can change a lot because its ATH and ATL are so far apart. Investors should be ready to lose a lot of money, if not all of it, very quickly. If you don’t want to take risks or can’t afford to lose money, you shouldn’t invest in this.
How Useful It Is and How to Use It
Many meme coins have this problem. The information says that there is no “Utility/Use Case” given. At the moment, $BUTT seems to be more of a cultural and speculative asset. There isn’t a clear plan for how the project will be useful (in games, NFTs, or DeFi protocols), so its long-term value depends only on how much the community grows and gets excited, which is hard to predict.
Concerns About the Rules
There are a lot of rules about cryptocurrencies, but they aren’t clear and they change all the time in different parts of the world. Regulators like the U.S. Securities and Exchange Commission (SEC) might pay more attention to meme coins because they don’t have a clear purpose and depend on community hype. If regulators make a mistake, it could have a big effect on the token’s value and how easy it is to get.
What will happen to BeromesButt in the future?
We don’t know what will happen to any cryptocurrency in the future, but we can look at the things that could change the course of $BUTT.
The Plan and What People in the Community Think
The information doesn’t include a public roadmap. There is a “docs” site, which is good, but to earn people’s trust and confidence over time, there needs to be a clear and ambitious plan for the future. Based on how the price has changed, it looks like the community is in “wait-and-see” mode after the first launch phase. The most important thing for the team to do is to get people to feel this way again.
The future of $BUTT will depend on how long memes last and how hard the crypto market is. It could end up being just another meme coin that nobody remembers and goes away, or it could beat the odds and become a brand that lasts and is owned by the community.
Opportunity to Grow
There is a chance for growth, but it depends on a lot of things:
- Exchange Listings: It would be very helpful to be listed on a big, central exchange like Coinbase or Binance because it would give you a lot of exposure and liquidity.
- Utility Development: The $BUTT team could turn the project into more than just a meme by adding real value, like a play-to-earn game, an NFT collection, or a way to stake.
- A shout-out from a famous person or a viral campaign that happens at the right time could start a new wave of buying.
Conclusion
BeromesButt ($BUTT) is a meme coin that is still around today and is a great example. Our research shows that the project is still in its early stages and is having trouble because it doesn’t have enough money or people to use it. The strange price data shows how important it is to get information from a lot of different sources.
This is more than just a “pump-and-dump” scheme because there are organized records and social media channels. The best way to get involved with $BUTT is to join the community, read the official documentation for a roadmap, and keep an eye on trading and liquidity. Instead of seeing it as a good investment, see it as a risky business that depends on cultural appeal. There is a very thin line between a meme coin that makes millions and one that costs millions.