Ping 

PING Price

What is the Ping (PING) meme coin?

Ping (PING) is a meme token on Base, Coinbase's Ethereum layer-2 network. It is widely reported as the first token minted through the x402 protocol, Coinbase's open standard for internet-native USDC payments. PING has no intrinsic utility — the stated ethos is purely meme-driven, and the token rides the AI-agent-payments theme built around x402. DropsTab classifies PING under Meme, with Base Ecosystem and x402 Ecosystem categories.

Why is the PING token linked to Coinbase's x402 protocol?

The x402 protocol is an open standard, built by Coinbase, for instant USDC micropayments over HTTP. The standard revives the long-unused HTTP 402 "Payment Required" status code and targets AI-agent commerce. The PING token was minted through this x402 payment flow in October 2025, widely reported as the first token the protocol minted. The mint doubled as a pay-to-mint demonstration of x402's mechanism.

Who created the PING token, and is PING an official Coinbase token?

The third-party Ping Observer project created PING — Coinbase did not. Ping Observer focuses on monitoring AI-agent activity. Coinbase built the x402 protocol itself, but Coinbase did not create, back, or fund PING. No named team and no official website are disclosed. The token's identity is anchored to the on-chain contract on Base.

Is Ping (PING) on Base, and what is the PING contract address?

PING is a token on Base, Coinbase's Ethereum layer-2 network, with 18 decimals. The contract address is 0xd85c31854c2b0fb40aaa9e2fc4da23c21f829d46, verifiable on Basescan. Multiple same-name PING tokens exist on other chains. Those tokens are unrelated assets, so verifying the Base contract address before any transaction is essential.

What is the total supply of the PING token?

PING has a fixed supply of 1,000,000,000 tokens — per DropsTab data, maximum and total supply both equal 1,000,000,000 PING. The launch was a fair mint through the x402 flow on October 24, 2025: buyers paid 1 USDC per 5,000 PING. All USDC collected was placed as liquidity on Uniswap on Base. No team, private, or insider allocations exist.

Does PING have a vesting schedule or token unlocks?

PING has no vesting schedule — none exists by design. The fair launch released 100% of the 1,000,000,000 PING supply openly at mint in October 2025, with no team, investor, or treasury allocations. No cliff periods or scheduled unlocks apply. Insider-unlock sell pressure therefore does not exist for PING; the entire supply has circulated since day one.

Where can I buy the PING token?

PING trades on both centralized and decentralized venues. Spot centralized-exchange pairs include KuCoin PING/USDT — listed on October 24, 2025, the first centralized-exchange listing — HTX PING/USDT, listed in HTX's Innovation Zone on October 27, 2025, and Poloniex PING/USDT. On-chain, PING trades in Uniswap V3 and V4 pools on Base, with PING/USDC and PING/WETH as the main pairs. Per DropsTab data, PING trading is spot-only — no derivatives markets are recorded.

What are the liquidity risks of trading the PING meme coin?

PING is a micro-cap meme asset with no utility and no revenue accrual. Value depends entirely on speculative and narrative demand around the x402 and AI-payments theme. Liquidity concentrates in a small number of pairs and Base DEX pools. CEX order books run thin, DEX swaps can carry meaningful slippage, and same-name tokens on other chains add misdirection risk — verify the Base contract address before trading.