Introduction to Taiko Token (TAIKO)
Taiko operates as a fully open-source, permissionless ZK-Rollup solution designed to be equivalent to Ethereum. This design allows users to interact with Taiko just as they would with the Ethereum network, maintaining a similar user experience. A key feature of Taiko is its decentralized nature; the network is entirely community-operated without any centralized control.
Key Market Data for TAIKO/USDT
The TAIKO/USDT trading pair is currently active on the Uniswap V4 platform, operating on the Binance Smart Chain (BSC) network. Here are the essential statistics:
- Current Price: The live price is approximately $0.54 per TAIKO token.
- 24-Hour Change: The price has remained stable with a 0% change over the past day.
- Trading Volume: The recorded 24-hour trading volume is $0.00 across 0 transactions.
- Pool Liquidity: The current liquidity for the pool is also reported at $0.00.
- Trading Fee: A notably low fee of 0.01% is applied to swaps on this pool.
The specific contract address for this TAIKO/USDT liquidity pool is 0xdc9c89e36caf11dedb802872d14d27a4352de1907f4a9e53cadb5aa7d33f4054.
Tokenomics and Market Valuation
Understanding the broader financial metrics provides context for the token's market position.
- Fully Diluted Valuation (FDV): The FDV for TAIKO is currently estimated at $9.11 million.
- Exchange Rate: As of the latest data, the exchange rate is 1 TAIKO for $0.5402 USDT. Conversely, 1 USDT can be exchanged for approximately 1.8517 TAIKO tokens.
- Token Holders: The TAIKO token has a growing community with around 1,130 distinct holders.
A significant holder, identified by the contract address 0xbe77ac86750fb0359fa623e63e7f009979bb701c, holds a large portion of the supply. This address contains 6.03 million TAIKO tokens, valued at over $2.2 million.
Trading and Pool Information
This particular TAIKO/USDT liquidity pool is a relatively new market, having been created 24 days ago. Activity within the pool has been recent, with the last transaction occurring within a 24-hour window.
For traders looking to execute a swap, this pool offers a verified contract. Initial checks indicate no honeypot detection, though a proxy was identified within the contract's code. The pool has been assigned a GT Score of 44.46, which can be a factor for investors to consider when evaluating opportunities. 👉 Explore more trading strategies
Where to Trade TAIKO Tokens
While this analysis focuses on the Uniswap V4 (BSC) pool, the TAIKO token is available on other decentralized exchange platforms. Users can also access it through various trading bots and swap services, providing multiple avenues for engagement.
Frequently Asked Questions
What is a ZK-Rollup?
A ZK-Rollup is a layer-2 scaling solution that bundles numerous transactions off-chain and then submits a single cryptographic proof to the main chain (like Ethereum). This greatly increases transaction throughput and reduces fees while maintaining security.
Why is the trading volume and liquidity showing as $0.00?
A display of $0.00 in volume and liquidity typically indicates a very new or inactive trading pool. It can mean that no trades have been executed recently or that the pool is just beginning to attract participants.
Is it safe to trade in a pool with a proxy contract?
A proxy contract is a common design pattern that allows for future upgrades and fixes. Its presence alone is not a red flag, especially since the contract is verified. However, users should always conduct their own due diligence before connecting their wallet and trading.
What does the GT Score represent?
The GT Score is a metric that evaluates a liquidity pool based on various factors like liquidity, age, volume, and safety indicators. A score of 44.46 suggests there is room for growth and development compared to more established pools.
How does the 0.01% fee compare to other pools?
A 0.01% fee is extremely competitive and is among the lowest fee tiers available on decentralized exchanges. It is designed to attract high-volume traders and arbitrageurs looking to minimize transaction costs.
Can I use any wallet to trade TAIKO on Uniswap V4?
You will need a Web3 wallet that supports the Binance Smart Chain network, such as MetaMask or Trust Wallet, correctly configured to interact with the Uniswap interface for swapping tokens.