Understanding 1783DAO (1783): A Comprehensive Token Overview

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1783DAO (1783) is an ERC-20 token built on the Ethereum blockchain, designed to function within decentralized financial ecosystems. This guide provides a detailed look at its key characteristics, market performance, and essential information for potential investors and enthusiasts.

What Is 1783DAO (1783)?

1783DAO is a cryptocurrency token operating on the Ethereum network under the ERC-20 standard. It aims to support decentralized finance (DeFi) applications and programmable payments. The token has a fixed total supply, with all tokens already in circulation.

Key Token Details

The token was deployed on January 23, 2024, and currently has 22 holders. The contract creator and owner address is identical: 0x71a4f5c43c2772e0b8abcf9a3fb8a116627513b3.

1783DAO Market Performance and Statistics

As a relatively new token, 1783DAO's market activity is still developing. Here is a snapshot of its current market stats:

The token's liquidity pools currently hold $0.00, indicating limited market activity at this early stage. For those interested in tracking real-time price movements and liquidity metrics, ๐Ÿ‘‰ view advanced market analytics tools can provide deeper insights.

Where to Trade 1783DAO

1783DAO is available on several decentralized exchanges (DEXs), with ParaSwap Ethereum currently being the most active platform for trading this token. Other exchanges where the token is listed include:

Always ensure you're using verified contract addresses when trading to avoid scams and impersonator tokens.

Token Holder Distribution

The distribution of 1783DAO tokens is concentrated among a small number of holders, which is common for new projects. The top 10 holders control approximately 92.58% of the total supply:

  1. 61.43% held by one address (0x71a4f5...27513b3)
  2. 8.65% held by the second-largest holder
  3. 7.27% held by the third-largest holder
  4. 5.38% held by the fourth-largest holder
  5. 3.15% held by the fifth-largest holder

The remaining holders control smaller percentages of the total supply, with the bottom 12 holders dividing the remaining 7.42% of tokens.

Understanding the 1783DAO Project

According to available information, 1783DAO intends to function as a decentralized financial payment network that rebuilds traditional payment systems on blockchain technology. The project reportedly aims to utilize "a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency 1783, to facilitate programmable payments and open financial infrastructure development."

However, potential investors should note that detailed information about the project's development roadmap, team background, and specific use cases remains limited at this early stage.

Research and Due Diligence Considerations

When evaluating relatively new tokens like 1783DAO, conducting thorough research is essential. Consider these factors:

๐Ÿ‘‰ Explore more strategies for evaluating new cryptocurrency projects to make informed investment decisions.

Frequently Asked Questions

What is the current price of 1783DAO (1783)?
The current price of 1783DAO is $0.00, with no recent trading activity reported on major exchanges.

How can I purchase 1783DAO tokens?
You can purchase 1783DAO on decentralized exchanges like ParaSwap Ethereum, Uniswap V2, Uniswap V3, Saddle, and Pionex using the official contract address: 0x81085cf1987ac75ef79a2f7aa9c0ee55e4111e17.

What is the total supply of 1783DAO?
1783DAO has a fixed total supply of 100,000,000,000 tokens, all of which are currently in circulation.

How many people hold 1783DAO tokens?
There are currently 22 addresses holding 1783DAO tokens, with the top holder controlling approximately 61.43% of the total supply.

Is 1783DAO a scam token?
While we cannot definitively label any project, investors should exercise caution with tokens that have concentrated ownership, limited liquidity, and minimal trading activity. Always conduct thorough research before investing.

Where can I find the official 1783DAO contract address?
The official ERC-20 contract address for 1783DAO is 0x81085cf1987ac75ef79a2f7aa9c0ee55e4111e17 on the Ethereum blockchain.

Conclusion

1783DAO represents an emerging Ethereum-based token project with ambitions in the decentralized finance space. While its technical specifications are clear as an ERC-20 token, its market presence remains limited with no established trading value or significant liquidity. Potential investors should approach with caution, conduct extensive due diligence, and only invest funds they can afford to lose in such early-stage projects. The cryptocurrency market is highly volatile, and new tokens carry substantial risk alongside potential opportunity.