Elephant Money

Elephant Money PriceELEPHANT

$0.000000042840178230.074284
$0.000000000309289290.093092+0.73%

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Elephant Money Price Today

Current ELEPHANT/USD real-time price is $0.000000042840178230.074284, with a 24-hour change rate of +0.73% and a 7-day change rate of -3.11%. ELEPHANT currently ranks #5271 globally by market cap, with a total market cap of $21.140315M, a fully diluted valuation (FDV) of $21.309997M, and a 24-hour trading volume of $0. In terms of supply, ELEPHANT has a maximum supply of ∞, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

About Elephant Money

What is Elephant Money (ELEPHANT)?

Elephant Money (ELEPHANT) is a decentralized finance protocol built on the BNB Smart Chain (BEP20) that describes itself as the first global decentralized community bank of its kind. The project positions itself as a permissionless system that accumulates wealth through on-chain growth assets, implementing a voluntary, sustainable, and permissionless global economic engine on top of a collection of blue chip assets, a core rewards token (ELEPHANT), and a stable coin (TRUNK).

ELEPHANT serves as the store of value on the Binance Smart Chain. The project describes itself as a "100% complete and finished product" that provides yield and price appreciation in any market cycle; these are the project's own claims, and crypto assets carry significant price and smart-contract risk. The ELEPHANT token has a maximum supply of 1,000 trillion and a current total supply of about 495.7 trillion. A 10% transfer fee is charged on all ELEPHANT transfers, split evenly between payments to existing holders and locked liquidity. The protocol is open source and audited, with a CertiK rating of 1.5 and over 21,650 holders.

Key Specifications & Tokenomics

  • Name: Elephant Money
  • Ticker / Symbol: ELEPHANT
  • Blockchain / Platform: BNB Smart Chain (BEP20)
  • Contract Address: 0xe283d0e3b8c102badf5e8166b73e02d96d92f688
  • Launch Date: 2021
  • Total Supply: 495.7T ELEPHANT
  • Max Supply: 1,000T ELEPHANT
  • Circulating Supply: 496.69T ELEPHANT
  • Transfer Fee: 10% on all transfers
  • Holders: 21.65K
  • CertiK Rating: 1.5
  • Category: BNB Chain Ecosystem
  • TRUNK Contract (BSC): 0xdd325c38b12903b727d16961e61333f4871a70e0
  • TRUNK Contract (Solana): 9mV4WUukVsva5wYcYW4veo34CNDiF44sh3Ji65JNdvh5
  • Official website: https://elephant.money
  • Whitepaper: https://elephant.money/media/elephant-wp.pdf
  • Contracts page: https://elephant.money/contract

Who created Elephant Money?

The founder of Elephant Money is referenced as Bankteller in a Medium article published on Coinmonks. The project is described as "A Bankteller Production" on the ELEPHANT.MONEY website. The Medium article notes that Elephant Money founder Bankteller and the rest of the elephant.money crew do extremely well. Detailed public information about the broader core team is currently limited.

How does Elephant Money work?

Elephant Money operates as a permissionless global economic engine built on the BNB Smart Chain. The protocol revolves around three core components: the ELEPHANT rewards token, the TRUNK stable coin, and the TRUMPET store of value token. TRUNK is a cross-chain deflationary utility token used as collateral in various DeFi ecosystems. It can be bridged to Solana via Wormhole from BNB Chain.

TRUMPET (EMT) is a store of value backed by TRUNK. TRUMPET is designed so that its price, computed as the TRUNK backing it divided by its total supply, rises as fees accrue; this design does not guarantee future value. It has zero transfer or dev fees, with a low 5% fee charged on minting and redemption. The TRUMPET price is computed by dividing the balance of TRUNK backing TRUMPET by the total supply of TRUMPET. It grows in value linearly and is fully backed by the TRUNK deposited with zero reliance on third-party liquidity. The ELEPHANT token charges a 10% transaction fee on all transfers, with fees split evenly between payments to existing holders and locked liquidity.

What makes Elephant Money unique and valuable?

The project describes itself as a "100% complete and finished product" that provides yield and price appreciation in any market cycle; these are the project's own claims, and crypto assets carry significant price and smart-contract risk. The protocol is described as a future-proof way to compound profits made on BSC and is built for both bull and bear market conditions, designed to gracefully rise in price over time.

The TRUMPET token features 100% open source and MIT licensed code, is verified on chain, fully audited, and has passed 100% of all known security vulnerabilities in the SWC Registry. It is backed by a built-in single-sided liquidity pool of TRUNK, with the supply of TRUNK stored in the TRUMPET contract always larger than the total supply of TRUMPET. This surplus is built using 5% fees on minting and redemption. Single-sided liquidity is locked in the contract, making it 100% immutable with zero administrative functions. The Elephant Treasury is described as battle tested through bull and bear market conditions.

What is Elephant Money used for?

ELEPHANT functions as the core rewards token and store of value on the Binance Smart Chain. It is used to compound profits made on BSC and serves as the primary asset within the Elephant Money ecosystem. TRUNK operates as a stable coin and cross-chain deflationary utility token used as collateral in various DeFi ecosystems, and can be bridged to Solana for use in borrowing USDC to maximize gains.

TRUMPET (EMT) serves as a store of value backed by TRUNK. The ecosystem also references an Elephant Money Futures product; details and risks should be verified on the official site before use. Users can participate in liquidity farming on Solana through Raydium and Meteora, and can purchase TRUNK on BSC and Solana. The ELEPHANT token itself is used within the ecosystem for transactions, with the 10% transfer fee redistributed to existing holders and locked liquidity.

How Is the Elephant Money ecosystem developing?

The Elephant Money ecosystem encompasses multiple interconnected components. The core rewards token ELEPHANT, the stable coin TRUNK, and the store of value token TRUMPET form the foundation. The Elephant Treasury is described as battle tested through various market conditions. The ecosystem also references an Elephant Money Futures product; details and risks should be verified on the official site before use.

Cross-chain functionality has been developed, with TRUNK bridgeable to Solana via Wormhole from BNB Chain. Liquidity farming is available on Solana through Raydium and Meteora. Token trackers exist for both BSC and Solana, and price charting is available through DEXTools, DexScreener, and Birdeye. A contracts page on the official website provides a collection of contract addresses making up the currently running Elephant Money Ecosystem. The protocol is described as open source and audited, with the TRUNK audit available through Solidity Finance.

The ELEPHANT.MONEY community is described as a decentralized autonomous organization (DAO). Official community channels: Telegram (https://t.me/elephant_money) and Twitter/X (https://twitter.com/ElephantStatus).

How to mine Elephant Money?

Elephant Money does not operate on a traditional mining model. ELEPHANT has a maximum supply of 1,000T and a current total supply of about 495.7T; a 10% transfer fee is split between holder rewards and locked liquidity. Instead of mining, participants can earn returns through holding ELEPHANT, which generates payments to existing holders from the 10% transfer fee. Additionally, users can stake on TRUMPET, which functions as a store of value backed by TRUNK.

TRUMPET staking is available through the ELEPHANT.MONEY dashboard, requiring MetaMask for access. The TRUMPET token grows in value linearly and is fully backed by TRUNK deposited with zero reliance on third-party liquidity. Users can also participate in liquidity farming on Solana through Raydium and Meteora. The protocol implements a voluntary, sustainable, and permissionless global economic engine, with yield generated through the ecosystem's design rather than mining.

How to keep your Elephant Money Coin safe?

To keep ELEPHANT tokens safe, users should use MetaMask as the required wallet for accessing the ELEPHANT.MONEY platform. It is important to ensure you are logged in or have a wallet selected when using the dashboard. Always verify contract addresses before interacting with any token, using the official contract address 0xe283d0e3b8c102badf5e8166b73e02d96d92f688 for ELEPHANT and 0xdd325c38b12903b727d16961e61333f4871a70e0 for TRUNK on BSC.

Smart contract risk is real for any DeFi protocol; users should verify contracts on BscScan and review the available audit before interacting. CertiK assigns ELEPHANT a rating of 1.5 (on CertiK's own scale); readers should review the underlying audit report rather than rely on the score alone. Like all crypto assets, ELEPHANT's price is subject to significant volatility. TRUMPET is described as 100% immutable with zero administrative functions and has passed 100% of all known security vulnerabilities in the SWC Registry. Users should always conduct their own research, verify transactions on BscScan, and be cautious of high fixed returns. The TRUNK audit is available through Solidity Finance, and the protocol is described as open source and audited.

How to Buy and Use Elephant Money

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsElephant Money is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Elephant Money products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for ELEPHANT 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.

Elephant Money FAQs

What is the live price, market cap, and 24h volume of Elephant Money (ELEPHANT)?

As of right now, the live price of Elephant Money (ELEPHANT) is $0.000000042840178230.074284. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated ELEPHANT to USD rate at the top of BTCC’s price page. In terms of market scope, Elephant Money records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $21.140315M. Its current circulating supply stands at -- out of a maximum supply cap of ∞.

Why does the price of Elephant Money (ELEPHANT) fluctuate, and what drives its volatility?

The price volatility of Elephant Money (ELEPHANT) 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 (--) to max supply (∞), 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.

What are the all-time high (ATH) and all-time low (ATL) for Elephant Money (ELEPHANT)?

Looking at its historical price performance, Elephant Money (ELEPHANT) hit an all-time high (ATH) of $0.0000005926675582820.065926 on 2022-03-31 14:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -- on 2021-07-15 00:35. 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.

How to read the Elephant Money (ELEPHANT) price chart for futures trading?

When trading ELEPHANT 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.

How to profit from Elephant Money (ELEPHANT) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s ELEPHANTUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Elephant Money, simply log into your BTCC account with USDT margin available, navigate to the ELEPHANTUSDT 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.

Can I trade Elephant Money (ELEPHANT) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for ELEPHANTUSDT 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.

How to practice Elephant Money (ELEPHANT) futures trading with a free demo account?

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: $0.000000042840178230.074284), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for ELEPHANTUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Elephant Money (ELEPHANT) on BTCC?

Trading Elephant Money (ELEPHANT) 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 ELEPHANTUSDT, and review its live price ($0.000000042840178230.074284) 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.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.