About Donut
Donut (DONUT) is the native token of r/EthTrader, a unique Ethereum-focused community on Reddit. It powers a SocialFi ecosystem by incentivizing contributions, promoting engagement, and enabling decentralized governance. Donuts are distributed based on user activity, such as posting, commenting, and participating in governance, creating a fair and transparent reward system for contributors. Additionally, DONUT holders have the ability to influence subreddit policies and ecosystem changes. The token also supports initiatives such as tipping, subreddit special memberships, and domain-based identity systems.
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Market Stats
Market Cap
$177,067.49
-3.67%
FDV
Not enough data
Circulating Supply
120,355,919.279 DONUT
Max Supply
Not enough data
Total Supply
120,355,919.279 DONUT
Diluted Valuation
$279,959.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$10.76
-0.94%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0939
Overall Price Change (1Y)
-0.9%
Additional info about Donut
Recent trends
The current price is $0.0015 per DONUT with a 24-hour trading volume of $10.76. Currently, Donut is valued at 98.43% below its all time high of $0.0939. This all-time high was the highest price paid for Donut since its launch. The current circulating supply of Donut is 120,355,919.279 DONUT which means that Donut has as total market cap of $177,067.49.
Market details
DONUT vs markets
↘ 91.19%
DONUT vs BTC
↘ 92.03%
DONUT vs ETH
↘ 79.38%
Tags
loyalty
social-token
reddit-points
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xC0F9bD5Fa5698B6505F643900FFA515Ea5dF54A9 | |
Gnosis | 0x524B969793a64a602342d89BC2789D43a016B13A | |
xDAI | 0x524b969793a64a602342d89bc2789d43a016b13a | |
Arbitrum | 0xF42e2B8bc2aF8B110b65be98dB1321B1ab8D44f5 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0015 | ↗ 16.09% |
1 Day | $0.0013 | ↗ 16.09% |
1 Week | $0.0014 | ↗ 4.81% |
1 Month | $0.0017 | ↘ 15.45% |
1 Year | $0.0142 | ↘ 89.67% |
FAQ
Donut (DONUT) is an ERC-20 token that signifies community points within the /r/ethtrader subreddit. It was the first cryptocurrency token to be distributed to subreddit participants based on the quality of their submissions and activity. Unlike Reddit karma, Donut tokens are distributed monthly based on the number of upvotes users receive when posting content. These tokens can be transferred directly from user to user within the subreddit as a tip. The Donut project is maintained by a pseudonymous individual or team, with the original developer of the community point system being Carl Larson, a moderator on the /r/ethtrader subreddit and an early hobbyist Ethereum developer.
Donut operates by rewarding users of the /r/ethtrader subreddit for their contributions. The tokens can be used to vote in governance polls, with more Donuts representing a greater weight in the vote. They can also be used to purchase limited edition loyalty badges and membership for the subreddit, which unlock exclusive features for the user. Additionally, Donuts can be used to purchase the banner at the top of the subreddit. Donuts initially exist as a simple community point token on the subreddit, but can also be converted into an ERC-20 token for moving and spending the token outside of the platform.
The potential use cases for Donut are primarily within the /r/ethtrader subreddit. Here, they can be used to vote in governance polls, buy limited edition loyalty badges and membership, and purchase the banner at the top of the subreddit. Outside of the subreddit, Donuts can be converted into an ERC-20 token and exchanged with other cryptocurrencies. The project is supported by a decentralized autonomous organization powered by Aragon, which is involved in the creation of Donut tokens and governance of the project.
Donut was first launched as a simple community point in October 2018, and has been available as an ERC-20 token on Ethereum from December 2019. The original developer of the community point system is Carl Larson, a moderator on the /r/ethtrader subreddit and an early hobbyist Ethereum developer. An internal development team at Reddit took an interest in the project, but the extent of their involvement in its further development remains unclear. The project has grown to become a source of Donut tokens for some users, who receive them as a result of producing popular content on the Ethtrader subreddit.
We update our Donut to USD currency in real-time. Get the live price of Donut on Coinbase.
The current market cap of Donut is $177.07K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Donut is $0.0939. This all-time high is highest price paid for Donut since it was launched.
Over the last 24 hours, the trading volume of Donut is $10.76.
Assets that have a similar market cap to Donut include MAGA AGAIN, Chainbing, LOCGame, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Donut is 120 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3870
Contributors
3,451
Posts
5,104
% About Donut
0.003%
Articles
4
Hold times
0 days
X (Twitter)
71.32% bullish
Sentiment
2.8 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
3,451 unique individuals are talking about Donut and it is ranked #3,870 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Donut has an average sentiment score of 56 out of 5. Finally, Donut is becoming less newsworthy, with 4 news articles published about Donut.
On Twitter, people are mostly bullish about Donut. There were 81.1% of tweets with bullish sentiment compared to 13.72% of tweets with a bearish sentiment about Donut. 18.9% of tweets were neutral about Donut. These sentiments are based on 618 tweets.
On Reddit, Donut was mentioned in 546 Reddit posts and there were 33212 comments about Donut. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.