1. DOPE Coin project overview

DOPE Coin, short for Department Of Propaganda Everywhere, is a Meme Coin based on the Ethereum network, aimed at combating misinformation and fake news. The project was launched on March 16, 2025, and debuted on Gate.io Pilot Zone on March 17, 2025, quickly attracting the attention of the community. It is considered a Meme Coin primarily because it possesses typical MEME characteristics such as humor, community engagement, and social media meme culture, while incorporating elements of satire on media propaganda and public issues.

The goal of DOPE Coin is not just to be a regular Meme Coin, but to leverage the power of the community to convey the concept of ‘opposing false advertising and resisting fake news’. Based on a series of statements made by Elon Musk on social media, the project team has incorporated the concept of ‘Department Of Propaganda Everywhere’ into the coin’s name, attempting to attract attention in an entertaining way and further fuel the discussion.

Source:$DOPE official website

2. DOPE Coin Development Background

2.1 Origin of Creation

In March 2025, former U.S. President Trump dissolved the U.S. Agency for Global Media, which was previously responsible for external communication and political propaganda, sparking widespread public attention. Musk, upon seeing this news, mocked the ‘political propaganda’ on a global scale and hinted on social media (X, formerly Twitter) that perhaps public dissatisfaction with false information could be expressed in a more ironic way. Subsequently, the concept of ‘Department of Publicity and Propaganda (DOPE)’ was proposed, evolving into a meme coin - DOPE Coin.

2.2 Technology and Community-Driven

In the wave of the rise of Meme Coins, many projects often rely on community-driven initiatives, rather than high-intensity corporate operations. DOPE Coin also continues this tradition by quickly accumulating influence through community consensus, social media marketing, UGC content creation, and other means.

• The community is on Telegram（https://t.me/Dope_ERC20_COINAndhttps://t.me/DOPE_ETH_CN）Waiting for social media platforms to become active.
• Official website ( https://dope.onl/）continuously updates project progress and news.
• However, as of April 2, 2025, DOPE Coin’s official account on X (Twitter)@dope_coin_eth) has been suspended (Account suspended), triggering some supporters to think about and pay attention to decentralized community building.

2.3 The Combination with the Current Cryptocurrency Market

In the 2025 crypto market, Meme Coin has become an undeniable force. DOPE Coin was born against this backdrop, with its core concept of ‘combating propaganda and fake news’ aligning well with the current social network’s demand for information authenticity, providing a good foundation for the later dissemination and development of DOPE Coin.

3. DOPE Coin economic model

DOPE Coin runs on the Ethereum public chain, following the ERC-20 standard, and its core contract address is:

0x43C5034469bCe262d32F64C5e7f9F359f5B1495F

Official data shows that the total supply of Dope Coin is 420.69B (42.69 billion), and the circulating supply issued is 404.58B (40.58 billion). This indicates that Dope Coin was not fully released at the initial launch, and some quantity is still reserved for subsequent ecological incentives or other purposes.

According to the data from Gate.io (as of April 2, 2025), the specific distribution structure of the currency is as follows:

According to official information, DOPE Coin currently does not implement a large-scale destruction mechanism, nor does it specifically mention transaction taxes or slippage fees. If the community proposes in the future, a mechanism of ‘destroying a certain proportion based on transaction volume’ may be introduced to maintain the level of inflation and enhance the stability of the coin value.

Source:Gate.io Innovation Trading Zone

4. DOPE Coin Market Performance

The following data is based on the latest statistics from the Gate.io Pilot Zone (as of 2025-04-02) and is for reference only. Investors should assess the risks themselves.

• DOPE/USDT Real-time Price: $0.000002821
• 24H Highest Price: $0.000003578
• 24H Lowest Price: $0.000002821
• 24H Trading Volume (DOP): 678.14M DOP
• 24H Trading Volume (USDT): $2.21K
• Current Market Cap: $1.14M
• Number of Holding Addresses: 3.10K
• Listed Time: March 17, 2025

According to the ranking on Gate.io, DOPE Coin is currently ranked No. 244 in the Pilot Zone, and its trading depth and market liquidity are still gradually accumulating. Due to the nature of Meme Coins, the price of this coin fluctuates greatly, and the volatility may still be significant in the short term.

4.1 Additional supplementary data for the DEX platform

According to statistics from some decentralized data websites (such as Dexscreener), the following indicators of DOPE Coin in April 2025 are also worth paying attention to:

• Liquidity: around $5.4K
• FDV（Fully Diluted Valuation）: $1.2M
• MKT CAP: $1.2M
• Pair Created: about 16 days ago (coinciding with the launch date of March 16, 2025)

Although there are certain differences between the data on Gate.io (mainly due to different statistical methods and price update mechanisms on different platforms), the overall reflection of DOPE Coin’s market capitalization is still in the initial expansion stage.

Source:Dexscreener

5. Summary

The emergence of DOPE Coin reflects the typical entertainment, social, high-risk, and high-return characteristics of Meme Coins, while also incorporating political satire elements such as ‘combating fake news’ and ‘mocking propaganda agencies,’ adding a unique level of topicality. From its official release on March 16, 2025, to April 2, 2025, DOPE Coin has attracted thousands of token holders, with its market capitalization briefly surpassing the million-dollar mark, driven by community efforts, humorous elements, and the Musk topic.

However, due to the natural fluctuations and uncertainties of Meme Coin, whether the project can make a breakthrough in practical applications will determine whether DOPE Coin can continue to lead the trend. For potential investors, it is crucial to have a deep understanding of its token economic model, technical security, and community development path. In any case, the popularity of DOPE Coin once again proves that even entertainment-oriented projects in the decentralized crypto world may give birth to value growth opportunities that attract the market’s attention.

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