Thereās a coin called KodexPay (KXP) that shows up in some price trackers with numbers like $3.00. But if you try to buy it, youāll quickly realize somethingās wrong. Itās not on Binance. Not on Coinbase. Not on Kraken. No oneās trading it. No oneās talking about it. And yet, some websites say itās worth thousands of times more than it should be. Thatās not a mistake. Thatās a red flag.
What KodexPay claims to be
KodexPay launched in 2022 as a BEP-20 token on the BNB Smart Chain. Its website, which now returns a 404 error, once claimed it wanted to revolutionize global payments by using peer-to-peer systems and Distributed Journal technology. It promised secure, fast, multi-currency transactions with full user control. It even mentioned a Kodex Wallet and a merchant portal - tools that, to this day, donāt exist. The tokenās total supply is listed as 70 million KXP. But hereās the catch: according to LiquidityFinder and BscScan data, thereās zero circulating supply. That means none of those tokens are in anyoneās wallet. Not for trading. Not for spending. Not even for holding. If no one owns it, how can it have a price?The price chaos
The confusion around KodexPayās value isnāt just messy - itās dangerous. CoinMarketCap shows KXP at $0.00001 with $0 trading volume. LiveCoinWatch says $0.000016. But then Phemex and Symlix, two obscure platforms, list it at $3.00. Thatās 300,000 times higher than the real market price. And yet, both show $0 market cap and $0 volume. How can something be $3 but worth nothing? This isnāt a glitch. Itās a classic sign of a pump-and-dump scheme. These fake prices are generated by bots on low-traffic exchanges to lure in unsuspecting buyers. People see $3, think theyāve found the next Bitcoin, and rush to buy. But when they try to sell, thereās no one there. The token is worthless because no one wants it. And the platforms showing $3? Theyāre not real exchanges. Theyāre ghost listings.No oneās using it - and no oneās talking about it
If a cryptocurrency actually had a purpose, youād see traces of it. Developers pushing updates. Merchants accepting it. Users discussing it on Reddit or Twitter. None of that exists for KodexPay. Search r/CryptoCurrency, r/BitcoinMarkets, or r/altcoin. No threads. Not one. Not in the last two years. Check Trustpilot, CoinGecko reviews, CryptoSlate - zero ratings. Even obscure tokens with tiny communities have dozens of posts. KodexPay has nothing. Not even complaints. The official website is gone. The whitepaper? Not found. GitHub? Empty. Telegram and Discord? No official channels. Twitter? No verified account. The last on-chain transaction happened in March 2023 - and it was just the initial token deployment. Nothing since. No transfers. No swaps. No activity. Itās a dead address.
Why itās not like other payment coins
Compare KodexPay to real payment-focused cryptocurrencies. Bitcoin Cash processes millions of transactions monthly. XRP is used by over 100 financial institutions. Stellar handles over 7 million daily transactions. All of them have active developers, public roadmaps, and real partnerships. KodexPay has none of that. It doesnāt even rank in the top 10,000 coins by activity. Itās #7072 on CoinMarketCap - not because itās small, but because itās irrelevant. The entire crypto market is worth over $2.8 trillion. Payment tokens make up half a trillion of that. KodexPay? Zero. It doesnāt contribute anything. It doesnāt solve anything. Itās just a line of code with no users, no utility, and no future.Experts say: avoid it
Blockchain analysts donāt ignore KodexPay because theyāre lazy. They ignore it because thereās nothing to analyze. Dr. Elena Rodriguez from Delphi Digital called tokens like KXP āpotential scam indicators.ā The Crypto Integrity Project labeled it āCategory Dā - the highest risk category. Messari, CoinDesk, and Arcane Research have never published a single word about it. CoinDeskās chief analyst called it āmarket irrelevance.ā Even CoinMarketCap, which lists hundreds of dead coins, just says āNot enough data.ā Thatās their polite way of saying: āThis isnāt real.ā
14 Responses
OMG this is why you NEVER trust random coins on CoinMarketCap!!! I saw KXP on a Telegram group last week and thought, 'Hey, maybe it's a hidden gem!'... then I checked BscScan and nearly had a heart attack. ZERO circulating supply??? That's not a coin, that's a digital ghost story. š¤”
Oh sweet mercy. Another 'phantom coin' trying to trick retail idiots into buying nothing. š The fact that Phemex and Symlix still show $3.00 is criminal. These platforms are basically digital carnival booths with rigged wheels. If you buy this, you're not investing-you're paying for the privilege of being scammed. And yes, I'm mad. I've seen this movie before. Spoiler: the hero always loses.
It is, in fact, a textbook case of market manipulation via phantom liquidity. The absence of circulating supply, coupled with non-existent on-chain activity and the complete erasure of digital infrastructure (website, whitepaper, socials), constitutes a prima facie case of fraud. The $3.00 valuation is not an error-it is a deliberate deception engineered to exploit cognitive biases in retail investors. One must ask: why does such a token persist in any price aggregator at all? The answer lies not in technology, but in institutional negligence.
Bro. I swear, every time I think crypto can't get weirder, something like this pops up. š I checked KXP on CoinGecko just last night-$0.00001, $0 volume. Then I saw someone on Twitter saying they 'bought 10K KXP for $30' and are 'waiting for 100x.' I almost cried. Dude, you didn't buy a coin-you bought a spreadsheet cell. Please, for the love of Satoshi, stick to BTC and ETH. Or at least check BscScan first.
Dead coin. No team. No use. No future. Just numbers. Walk away.
Yikes. This is why I only look at coins with active GitHub repos and real community chatter. If no oneās talking about it, itās not worth your time. š”
so likeā¦ if no one owns itā¦ how does it even have a price?? like is it just magic?? š
so sadā¦ i thought maybe this is new chance for payment systemā¦ but noā¦ just fakeā¦ i feel bad for people who lost money on thisā¦ š
I remember when I first saw KXP on a random crypto forum. Thought it was a typo. Turned out it wasn't. The silence around it was louder than any hype. Honestly? It's creepy. Like a crypto ghost town.
They didn't just create a token-they created a haunted spreadsheet. The $3 price tag is the ghost whispering, 'I'm real, I'm real,' while the blockchain laughs in the background. This isn't a coin. It's a cursed .csv file with delusions of grandeur.
Okay, but letās be real-this is the crypto equivalent of buying a mansion that has no doors, no windows, no plumbing, and the land doesnāt even exist. šļøšø The fact that people still fall for this is wild. Iāve seen this script play out a hundred times. The bots donāt even try to hide it anymore. The only thing left is the hope of the gullible. And thatās the real scam.
It is a well-known fact that the American financial system has been infiltrated by these digital phantoms. The regulatory bodies are asleep. The exchanges are complicit. And the public? They are sheep. This token is not a failure of technology-it is a failure of civilization. We have allowed the sacred space of finance to be corrupted by charlatans.
...I just checked BscScan again. Still zero transactions since March 2023. Zero. Not even a single transfer. Not even a wallet address that holds even 0.0001 KXP. It's... almost poetic. A blockchain tombstone. šÆļø
Man, this is why I always tell my friends: if you canāt find a single Reddit thread or Twitter convo about a coin, itās probably trash. I donāt care if it says ā$3.00ā on some sketchy site. If no oneās using it, itās not money. Itās pixels with a fake decimal point.