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View ChartBitCone (CONE) is a decentralized community utility token built on the Polygon Network. It was designed as a parallel to the 608 Cone Head – Reddit Collectible Avatar NFT, which inspired a broader meme culture known as the "Conemunity." The token operates on the ERC20 standard and features a smart contract with no mint function, ensuring that the total supply can never exceed 608 billion CONE. This fixed supply mirrors the 608 Cone Head NFTs that served as the project's original inspiration. BitCone is governed democratically, with every decision subject to community voting through Conemunity Polls. It positions itself as a utility token made by Cones, for Cones, emphasizing grassroots participation over centralized control.
All BitCones were distributed for free, with no ICO, presale, or token fundraising. Initially, owners of the Cone Head Reddit Collectible Avatar NFT could claim 1 billion BitCone tokens for each Cone Head NFT owned. Following the final claim deadline, 486 out of 608 Cone Heads had claimed their distribution, leaving 122 billion CONE to be governed by the Conemunity through polls. It was determined via these polls that the remaining tokens would be distributed in a manner decided by community voting.
BitCone was created by cones for cones, originating from the Reddit community. The token was initially deployed by Reddit user u/ecobuddies. Since its inception, it has evolved into a democratic community project developed by Conemunity Volunteers from around the world, alongside the dedicated Moderation Team of r/ConeHeads. The project does not rely on a traditional corporate team or foundation. Instead, its direction is shaped by community polls and volunteer contributions. Detailed public information about individual team members beyond the initial deployer is currently limited, reflecting the project's decentralized and community-driven nature.
BitCone operates on the Polygon Network as an ERC20 token. Its smart contract contains no mint function, which permanently caps the supply at 608 billion CONE. This design choice ensures scarcity and prevents inflationary pressure from additional token creation. The token is used within the r/ConeHeads subreddit and other partnered subreddits for tipping, engagement rewards, and community activities. Governance is conducted through Conemunity Polls, where token holders and community members vote on decisions regarding token distribution, ecosystem development, and other matters. The project also features BitCone Mining, described as an automated content monetization platform that incentivizes user engagement on partnered subreddits by rewarding participants with CONE tokens.
BitCone distinguishes itself through its entirely community-driven origins and its direct connection to the Cone Head Reddit Collectible Avatar NFT. The fixed supply of 608 billion tokens, with no mint function, creates a verifiable scarcity model. The absence of an ICO, presale, or fundraising means the token was distributed freely to NFT holders and the broader community, aligning with its grassroots ethos. Governance via Conemunity Polls gives every participant a voice in the project's direction. The token's integration with Reddit communities, tipping mechanisms, and the AvatarMate.xyz marketplace provides practical utility. Additionally, BitCone Mining introduces a novel way to reward content engagement, bridging social media activity with tokenized incentives.
BitCone serves multiple functions within its ecosystem. It is used for Post 2 Earn through BitCone Mining, rewarding engagement with CONE tokens on partnered subreddits. It facilitates tipping on Reddit.com/r/ConeHeads and other subreddits, allowing users to reward each other for quality content. The token can be used for trading Reddit NFT Avatars on the AvatarMate.xyz Avatar Marketplace. Holders can earn liquidity rewards, mint NFTs with CONE tokens, and bid on auctions using CONE. Additional utilities are in development as the ecosystem expands. These use cases position BitCone as a versatile utility token within the Reddit and Polygon communities.
The BitCone ecosystem is evolving through community-led initiatives. It includes BitCone Mining for content monetization, tipping functionalities on Reddit, and the AvatarMate.xyz marketplace for trading Reddit NFT Avatars. Liquidity rewards and NFT minting capabilities further expand its utility. The project is governed by Conemunity Polls, which determine how remaining tokens are distributed and which new features are prioritized. The ecosystem is supported by Conemunity Volunteers and the moderation team of r/ConeHeads. As a community utility token, its development relies on active participation and voting from its holders. More utilities are continuously being explored and developed based on community feedback and democratic decision-making.
BitCone does not use traditional mining with computational hardware. Instead, BitCone Mining refers to an automated content monetization platform that rewards user engagement on partnered subreddits. Participants earn CONE tokens by contributing content, commenting, and engaging with the community. This mechanism is designed to incentivize positive participation and reward active community members. Additionally, users can earn Liquidity Rewards by providing liquidity to trading pairs on decentralized exchanges, primarily Quickswap.exchange. The token was also initially distributed via airdrops to Cone Head NFT holders, who could claim 1 billion BitCone per NFT owned. The remaining tokens are distributed based on community polls, ensuring a fair and democratic allocation process.
To keep your BitCone tokens safe, store them in a reputable wallet that supports ERC20 tokens on the Polygon Network. Hardware wallets provide an extra layer of security by keeping private keys offline. Always verify the official contract address before interacting with any token or platform. Be cautious of phishing attempts, fake websites, and unsolicited messages asking for your private keys or seed phrase. Never share your seed phrase with anyone. Since BitCone is traded on decentralized exchanges like Quickswap, ensure you are using the correct and verified liquidity pools. Regularly update your wallet software and use strong, unique passwords. As with any cryptocurrency, only invest what you are willing to lose and stay informed about the project through official community channels.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for CONE are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of BitCone (CONE) is $0.000000226841025330.062268. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated CONE to USD rate at the top of BTCC’s price page. In terms of market scope, BitCone records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $127.678169K. Its current circulating supply stands at 562.11B out of a maximum supply cap of 608B.
The price volatility of BitCone (CONE) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (562.11B) to max supply (608B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, BitCone (CONE) hit an all-time high (ATH) of $0.439537 on 2022-11-02 06:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.0000000200217501660.072002 on 2022-11-07 20:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading CONE futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s CONEUSDT perpetual contracts support two-way trading. If you anticipate a price decline for BitCone, simply log into your BTCC account with USDT margin available, navigate to the CONEUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for CONEUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000000226841025330.062268), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for CONEUSDT with zero financial risk.
Trading BitCone (CONE) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for CONEUSDT, and review its live price ($0.000000226841025330.062268) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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