🧩 What is KOGE?
- *48 Club Token (KOGE)* is a token on the *Binance Smart Chain*, functioning as a Governance Token for a DAO known as *BNB48 Club*, embodying a DAO that gathers around 500 members to participate in investment and research decisions within the Binance ecosystem [1].
- It relies on a *buyback & burn* mechanism to support the price by reducing the circulating supply over time [1].
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🏛 Market trading volume and technical information
- The market cap is estimated between *175M - 215M*, with the circulating supply around *3.38 million tokens* [2] [3].
- Liquidity in BSC markets (like PancakeSwap) is around *2M*, with the number of holders approximately *18–19 thousand wallets* [4] [5].
- Daily trading volume is increasing and reaches hundreds of thousands of dollars, according to various data [2] [6] [5].
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📈 Crazy movements – Pump Dump
- I noticed the token was released on *May 16, 2025*, and about a day later, its price skyrocketed from 8 to a peak of ~688 in minutes, then quickly dropped to 30 as shown in your images.
- A pattern of rise followed by a sharp drop is known as *Pump & Dump*, often returning to manipulation or temporary hype [4] [1].
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⚠️ Risks and recommendations
- *The project is still limited in clarity*: No clear whitepaper is available, and it lacks some transparency [1].
- The price is very volatile, increasing the risk of sudden manipulation.
- If you are considering investing, you should:
1. Verify official documents (whitepaper, project team).
