What is CENTER COIN (CENT)?

What is CENTER COIN (CENT)?

CENTER COIN (CENT) is a small-cap cryptocurrency that has appeared on multiple blockchains. Its official narrative is that it's a "payment/digital cash/DeFi platform," but it's currently a marginalized small-cap coin with weak liquidity and low visibility, making it a typical high-risk speculative coin.

Basic Information & Issuance

On CEX and market data websites, the token name is CENTER COIN, and the code name is CENT. The maximum supply is 5,000,000,000 CENT. It was launched around 2022, and some information indicates it currently runs on the KAIA chain (formerly the Klaytn ecosystem).

On-chain records show that it also issued an ERC-20 version on Ethereum: the Ethereum contract address corresponds to a total supply of 5 billion CENT, with a few thousand transactions, and very few holding addresses (around a hundred), a typical small-cap coin structure.

Official Narrative & Objectives

Different sources generally position it as a "digital cash/chip/symbolic currency management solution," providing a platform for users to freely exchange USD with various currencies, while also acting as a bridge between cryptocurrency and traditional transactions.

Some website introductions use a more templated description: based on blockchain, supports DApps, emphasizes scalability and smart contracts, and aims to become "payment + DeFi infrastructure."

It sounds like: aiming to create a universal token for "cross-border payments/multi-currency settlement + DeFi platform," but currently, its actual implementation and adoption are very limited.

Market Status: Extremely Small Market Cap + Poor Liquidity

Multiple market data sites reveal some common characteristics: intraday volatility can be extremely high. Trading volume is very low: daily trading volume is in the tens to hundreds of dollars range, making it very easy for a small amount of capital to drive the price.

Multiple data sources show a circulating market capitalization of 0 (i.e., undisclosed circulating supply), indicating that the project team has not transparently provided the true circulating supply.

Another detail: some on-chain analytics (such as tokens with similar names on BSC) show that with a single-digit market capitalization and virtually no trading activity, it's close to being an "on-chain zombie coin."

Overall conclusion

This is a small coin that claims to be a payment/cross-currency settlement platform, but in reality, it has very weak trading activity and insufficient transparency. It carries extremely high risk and is more like a speculative investment than "serious infrastructure."