Fuzzybear

FUZZY Price

About Fuzzybear (FUZZY)

Fuzzybear is a community-driven memecoin on the XRP Ledger created to commemorate a historical address and celebrate the spirit of decentralization.

• The project honors the legacy of the 'Fuzzybear' wallet, a notable early address in the XRP ecosystem.
• It operates as a neutral, zero-tax digital asset with a fixed total supply.
• The token focuses on organic community growth and engagement through meme culture and interactive events.

What Is Fuzzybear

Fuzzybear is a meme token issued on the XRP Ledger (XRPL). The project's narrative is built around the historical legacy of the 'Fuzzybear' XRPL address, which was activated by Opencoin (now Ripple) in February 2013. The project specifically highlights a 2014 event where this address placed a decentralized exchange (DEX) order of 1 XRP for 1 Bitcoin.

Value in the Fuzzybear system moves through community engagement and peer-to-peer transfers on the XRPL. The token does not have a formal technical utility mechanism like staking or revenue distribution; instead, it is designed to grow naturally as supporters join the movement. The project emphasizes the speed, cost-efficiency, and environmental benefits inherent to the XRP Ledger compared to older blockchain networks.

Key Differentiators

• Historical Narrative: Unlike many newer memecoins, Fuzzybear is rooted in the early history of the XRP Ledger, referencing specific wallet activations and DEX orders from 2013 and 2014.
• XRPL Native: Being issued on the XRP Ledger, it inherits the network's high throughput and deterministic finality, which allows for near-instant transactions.
• Burned Liquidity: The project documentation states that 100% of the liquidity pool (LP) tokens have been burned, effectively locking the liquidity permanently.
• Zero Tax Policy: Fuzzybear does not impose any buy or sell taxes on transactions, distinguishing it from projects that use transaction fees for marketing or development funds.

Ecosystem and Integrations

The Fuzzybear ecosystem includes several community-focused initiatives and integrations:

• NFT Collections: The project has launched Fuzzybear-themed non-fungible tokens (NFTs) to expand its digital footprint.
• Fuzzy Cards: A dedicated feature within the ecosystem that provides interactive or collectible elements for holders.
• Meme Infrastructure: The project provides a meme generator and a 'Meme Bank' to facilitate community content creation.
• Wallet Compatibility: The token is supported by native XRPL wallets including Xaman and Joey Wallet, and it is tradable on various XRPL-based decentralized exchanges such as First Ledger and Sologenic.

Origins and Launch

Fuzzybear was launched as a fair-market token on the XRP Ledger. The total supply was set at 321 billion tokens, a number referencing the Ripple genesis wallet's activation time (3:21:10 UTC) on January 1, 2013. The launch followed a decentralized model with no pre-sale or team allocation specified in the source. The project maintains an anonymous team structure, common among community-led memecoin projects.

Notable Burn/Buyback Events

The project documents that 100% of the initial liquidity was burned at launch to ensure the long-term security of the pool. No subsequent token buyback or additional burn schedules have been formally announced in the available documentation.

Risk Disclosure

As with all memecoins, Fuzzybear is a highly speculative asset with substantial volatility. Its value is primarily driven by community sentiment and meme culture rather than traditional utility. The project is managed by an anonymous team, and prospective participants should exercise caution and perform their own research before engaging with the asset.

Where can you buy Fuzzybear?

FUZZY tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Fuzzybear is First Ledger, where the most active trading pair FUZZY/XRP has a trading volume of $30,663.58 in the last 24 hours.

What is the daily trading volume of Fuzzybear (FUZZY)?

The trading volume of Fuzzybear (FUZZY) is $30,663.58 in the last 24 hours, representing a 168.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Fuzzybear (FUZZY)?

Fuzzybear (FUZZY) reached an all-time high of $0.0001186 and an all-time low of $0.0₅1408. It’s now trading -71.80% below that peak and 2,279.40% above its lowest price.

What is the market cap of Fuzzybear (FUZZY)?

Market capitalization of Fuzzybear (FUZZY) is $10,114,056 and is ranked #1127 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FUZZY tokens (320 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Fuzzybear (FUZZY)?

The fully diluted valuation (FDV) of Fuzzybear (FUZZY) is $10,216,828. This is a statistical representation of the maximum market cap, assuming the maximum number of 320 Billion FUZZY tokens are in circulation today. Depending on how the emission schedule of FUZZY tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Fuzzybear compare against its peers?

With a price decline of -20.00% in the last 7 days, Fuzzybear (FUZZY) is underperforming the global cryptocurrency market which is down -6.20%, while underperforming when compared to similar XRP Ledger Ecosystem cryptocurrencies which are up 0.00%.