Basenji
BENJI
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BENJI (Basenji) is a dog-themed meme coin on the Base Layer-2 network. The evaluation is constrained by significant data gaps: Active Development and Team and Governance both scored as Insufficient Data (-1.0) due to search noise and lack of verifiable project documentation, requiring their weights to be redistributed proportionally. Among the evaluable areas, Tokenomics (3.5/10) reflects a fully circulating 1-billion token supply with no dilution or vesting overhang and a renounced contract, yet suffers from a >95% price drawdown from all-time highs and severe liquidity decline. Market and Use Case (3.0/10) notes zero inherent utility or revenue model in an oversaturated meme sector. Community Support (1.5/10) is weak, marked by minimal verifiable social engagement and thin trading volume (~$20k daily). Security and Audit History (4.5/10) shows no protocol exploits, hacks, or regulatory actions, but lacks independently verified audits. No qualifying red-flag events were established.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Basenji (BENJI)
Basenji (BENJI) is a dog-themed meme coin launched in early 2024 on the Base Layer-2 blockchain. The project was created without functional protocol utility, governance mechanisms, or underlying revenue models, operating purely as a speculative, sentiment-driven asset within the Base network ecosystem.
The tokenomics of BENJI feature a fixed maximum supply of 1,000,000,000 tokens, all of which are reported to be in active circulation, leaving no remaining token vesting schedules or supply overhang. The token's underlying smart contract has been renounced. However, public information regarding the project's developers, governance framework, and ongoing software development remains unavailable, and claims of third-party smart contract audits cannot be independently verified on recognized security platforms.
Following its initial launch period, BENJI experienced a severe market downturn, suffering a price crash exceeding 95% from its all-time high. The token currently operates with thin liquidity and subdued daily trading activity. While security records show no instances of smart contract exploits, hacks, or regulatory actions, the asset carries structural risks common to utility-free meme tokens with anonymous leadership.