Project Positioning and Mechanism
TUPAN Coin is a cryptocurrency project aimed at promoting global social and environmental maintenance and transitioning to a regenerative circular economy. Its core narrative links the token to carbon certificates, claiming that one TUPAN token represents one cubic meter of protected forest. The project plans to invest part of its proceeds into an investment fund called ForestAu Green.
The project was launched in 2023, initially issued on the Waves blockchain, then migrated to the Zeniq blockchain, and also has contracts deployed on the BNB Chain (BEP20 standard). According to information released by the project team, the old TUPAN tokens have been replaced by a new smart contract, and all partners and customers will migrate to the new system.
Development Plans and Tokenomics
According to the project team's FAQ, TUPAN Coin is planned to be listed on PancakeSwap after the presale ends (expected in October 2024). Subsequently, the project team also plans to seek listings on major exchanges such as Kraken, Coinbase, and Binance.
In terms of tokenomics, the project team claims to plan monthly buybacks and burning of tokens funded by ecosystem companies to enhance token value. Additionally, the project plans to issue 100 exclusive NFTs.
Market Status and Risk Warning
Multiple mainstream cryptocurrency data platforms (e.g., CoinMarketCap, Coinbase) label TUPAN's market capitalization and circulating supply as "insufficient data" or display zero. Its 24-hour trading volume is contradictory across different sources, with some showing zero or unavailable, indicating that the token's current trading market is almost depleted, lacking effective transactions.
Some industry analysis platforms (e.g., CoinCodex) have issued risk warnings for the TUPAN project, pointing out its low transparency, potential association with multi-level marketing (MLM) schemes, and lack of publicly disclosed team members and other key information. Although the project team has provided a whitepaper (last updated on May 31, 2023), its accessibility and completeness of information are questioned by external parties.
Currently, the token has no active trading market. Major trading platforms like Binance have explicitly stated that TUPAN is not listed, while other platforms that only list price information (e.g., Crypto.com, Coinbase) do not provide actual tradable channels.
Conclusion
TUPAN Coin is a cryptocurrency project conceptually focused on environmental protection, but its market performance is extremely sluggish, and trading channels are almost stagnant. Although the project team has a series of listing plans, as of October 2026, these plans have not materialized, and the project itself has received risk warnings due to transparency issues. Investors should exercise extreme caution and verify all information independently when engaging with such projects.
