What is Poopcoin (POOP)?

Beginner
Quick Reads
Last Updated 2026-04-03 16:06:52
Reading Time: 1m
Poopcoin positions itself as a potentially worthless token, even going so far as to self-deprecate that it may be less useful than hot feces. Yet, this extreme minimalism perfectly reflects the fundamental power of Web3.

What is Poopcoin?

Poopcoin is a meme token launched on the Base blockchain. Unlike many projects that use complex IDOs or Launchpad offerings, Poopcoin was simply airdropped directly to holders within the Doodles NFT ecosystem.

From the outset, Poopcoin made no promises: it may be worth nothing, or even less useful than a novelty item. However, this directness contributes to its genuine nature. It openly acknowledges its lack of a commercial roadmap or inherent value. Through radical transparency, it challenges everyone’s assumptions about what an on-chain token can be worth.

POOP On-Chain Metrics

According to on-chain data as of now (July 2025), POOP’s key metrics are:

  • Market Cap: approximately $218,540 USD

  • Circulating Supply and Total Supply are the same: all 1 billion POOP tokens have been fully issued and are in circulation

  • Holders: over 19,800 unique addresses

  • 24-hour Trading Volume: nearly $0 USD

  • Fully Diluted Valuation (FDV): Matches the market cap at around $218K, due to the full issuance of tokens

POOP Tokenomics

  • Total Supply: 1,000,000,000 POOP

  • Maximum Supply: 1,000,000,000 (no additional minting)

  • No pre-mining, no team allocation, and no investor shares

  • All tokens airdropped to Doodles NFT ecosystem holders

  • No lockup or vesting schedule; all tokens are immediately liquid and tradable

This minimalist on-chain token model demonstrates, in the purest form, that the true power of Web3 isn’t about code or capital—it’s about participation.

For further information about Web3, visit: https://www.gate.com/

Summary

Web3 encompasses more than just tech stacks, protocol integrations, zero-knowledge proofs, and Layer 3 solutions. It also includes humor, satire, experimentation, and critical thinking. While Poopcoin probably won’t make you rich—and there may not be buyers—it will help you appreciate that the essence of on-chain culture is participation, collective humor, and unconventional thinking.

Author: Allen
Disclaimer
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

Related Articles

AI-Native Settlement Layers: How United Stables Is Building the Next Financial Rail
Beginner

AI-Native Settlement Layers: How United Stables Is Building the Next Financial Rail

Stablecoins were originally designed as dollar substitutes within exchanges, primarily used for asset pricing and trade settlement. As on-chain financial ecosystems have matured, their role has expanded beyond simple payments to include collateral assets, cross-chain liquidity mediums, and unified settlement units. In particular, as AI systems and automated agents begin to participate directly in economic activity, demand has risen sharply for programmable value units capable of instant settlement. This shift is pushing stablecoins toward the role of foundational financial infrastructure.
2026-03-25 03:16:17
The ve(3,3) Flywheel Explained: How AERO Tokenomics Powers Aerodrome’s DeFi Economy
Beginner

The ve(3,3) Flywheel Explained: How AERO Tokenomics Powers Aerodrome’s DeFi Economy

In the competition for DeFi liquidity, high-inflation mining alone is no longer enough to build lasting advantages. Aerodrome applies the ve(3,3) economic model to redesign token emissions, voting mechanisms, and revenue distribution, creating a liquidity flywheel centered on governance and cash flow. This article examines AERO tokenomics, the veAERO locking mechanism, and protocol revenue models to explain how Aerodrome builds a sustainable DeFi economic system.
2026-03-25 06:41:58
Aerodrome Tokenomics: How ve(3,3) Powers Base's Most Profitable DEX
Beginner

Aerodrome Tokenomics: How ve(3,3) Powers Base's Most Profitable DEX

AERO is the native token of Aerodrome Finance, a core decentralized exchange and liquidity protocol in the Base ecosystem. It is primarily used for liquidity incentives and ecosystem operations. veAERO is a governance NFT that users receive by locking AERO, representing both voting power and the right to share protocol revenue. Through a dual track structure of AERO as a utility token and veAERO as a governance credential, Aerodrome separates liquidity usage value from long term governance power, allowing participants to act as liquidity providers, governance decision makers, and revenue sharers within the same system.
2026-03-25 06:40:31
DePIN Identity Network and Real World Applications: How Humanity Protocol Brings on-chain Identity Into the Physical World
Beginner

DePIN Identity Network and Real World Applications: How Humanity Protocol Brings on-chain Identity Into the Physical World

Most Web3 identity systems remain confined to on-chain environments and struggle to achieve meaningful adoption in real world settings. Through a DePIN architecture and physical verification hardware, Humanity Protocol aims to bring decentralized identity into access control systems, hospitality, public services, and offline events, allowing on-chain identity to function not just as a digital credential, but as foundational infrastructure for real world access.
2026-03-25 07:40:53
How is the price of PAXG determined? Pegging mechanism, trading depth, and influencing factors
Beginner

How is the price of PAXG determined? Pegging mechanism, trading depth, and influencing factors

PAXG (Pax Gold) is a tokenized asset backed by physical gold reserves, launched by fintech firm Paxos and issued as an ERC-20 token on the Ethereum blockchain. The core concept is to digitally represent real-world gold assets, allowing investors to hold and trade gold via the blockchain network. Because each PAXG token corresponds to a specific quantity of physical gold, its price is theoretically expected to closely track the global gold market.
2026-03-24 19:11:40
How Does PAXG Work? In-Depth Overview of the Physical Gold Tokenization Mechanism
Beginner

How Does PAXG Work? In-Depth Overview of the Physical Gold Tokenization Mechanism

PAXG (Pax Gold) is a tokenized asset backed by physical gold, issued by the fintech company Paxos and traded on the Ethereum blockchain as an ERC-20 token. The core concept is to tokenize physical gold on-chain, with each PAXG token representing ownership of a certain amount of gold. This structure enables investors to hold and trade gold in the form of a digital asset.
2026-03-24 19:12:51