Dot Finance (PINK) Crypto Coin Explained: History, Tokenomics, and Why It Failed

If you’ve ever scrolled through a crypto forum and seen the name Dot Finance (PINK) pop up, you probably wondered what it actually was and why it vanished from every exchange. Below you’ll get the full story - from its launch on the BNB Chain, through the hype of its IDO, to the hard facts that now label it a classic rug‑pull.

What is Dot Finance (PINK)?

Dot Finance (PINK) was a BEP‑20 token created as part of an Initial DEX Offering (IDO) on the BNB Smart Chain. The project presented itself as a decentralized finance (DeFi) protocol, but never released a working product, whitepaper, or any verifiable team information.

Launch and IDO Details

The token went live on BNB Smart Chain a high‑throughput blockchain built by Binance on June 18, 2021. It raised roughly $1.3million across three sale phases: a private/pre‑sale, a public sale, and a seed round. Prices ranged from $0.05 to $0.0825 per PINK token, and the total raised was reported at about $1million.

Initial hype drove the price to an all‑time high of $1.39039938 on June 23, 2021, a 1,645% jump from the IDO price. That spike, however, was short‑lived.

Technical Specifications

The contract address is 0x9133049fb1fddc110c92bf5b7df635abb70c89dc. It follows the BEP‑20 token standard on BNB Smart Chain similar to ERC‑20 on Ethereum specification, meaning it can be stored in any BEP‑20‑compatible wallet such as MetaMask (with the BSC network added).

Two conflicting data sources report slightly different total supplies: CoinGecko lists 120million PINK tokens, while CryptoRank.io lists 128.54million. The discrepancy does not change the bottom line - the token’s market cap is effectively $0 today.

Tokenomics Breakdown

According to CryptoRank.io, the allocation looked like this:

• Private/Pre‑sale: 15.95% (≈20.5million tokens) @ $0.065 each - $877,500 raised.
• Public sale: 1.79% (≈2.3million tokens) @ $0.0825 each - ~$100,000 raised.
• Seed round: 5.45% (≈7million tokens) @ $0.05 each - $350,000 raised.

Early investors therefore owned over 23% of the total supply before any community tokens were released, a red flag for many analysts. No clear utility for the PINK token was ever demonstrated - the promised staking rewards of 150% APY were never implemented.

Market Performance and Price History

After the June2021 peak, the price began a rapid decline. By August2025, CoinGecko listed the token at roughly $0.000092 USD, a 99.92% drop from its ATH. All major exchanges - Binance, KuCoin, and even the launchpad platforms - have delisted PINK, leaving it with zero liquidity.

Trading metrics paint a bleak picture:

• 7‑day price change (Oct2025): -1.60% vs. global crypto market +1.30%.
• Current market cap: effectively $0 (no circulating supply).
• Last on‑chain activity: a single token transfer on Jan142022.

Price‑prediction models still spit out optimistic numbers (e.g., a 1,448% rise to $0.009279), but those figures ignore the reality of zero trading volume and no exchange listings.

Why Dot Finance Failed - The Core Risk Factors

Multiple independent analyses converge on the same failure points:

1. Anonymous Team - No verifiable founders or corporate entity; the team vanished after the IDO.
2. Unrealistic ROI Promises - Marketing material highlighted a 1,645% jump to ATH, a classic pump‑and‑dump trigger.
3. Excessive Early Allocation - Over 23% of tokens given to private investors, creating sell‑pressure once the market opened.
4. No Working Product - Whitepaper and technical docs were never published; the promised staking platform never launched.
5. Zero Community Support - Telegram, Twitter, and Discord channels fell silent by Q32021.

Regulatory bodies have cited projects like Dot Finance as examples of high‑risk securities. The U.S. SEC’s 2022 report warned that tokens promising >1,000% returns are likely to be classified as illegal securities offerings.

Spotting Similar Rug‑Pulls - Practical Tips

Understanding the Dot Finance collapse can help you avoid future scams. Keep an eye on these signals:

• Anonymous or hidden team - Search for LinkedIn profiles, corporate registrations, or audited code.
• Unrealistic profit claims - Anything promising >1,000% returns is a red flag.
• Heavy pre‑sale allocation - If a handful of wallets control >20% of supply, expect dumps.
• Lack of audited smart contracts - Verify the contract on BscScan and check for audit reports.
• No clear product roadmap - A vague or missing roadmap often means no real development.

Tools like CoinGecko crypto data aggregator that tracks price, volume, and project status and CryptoRank.io platform that evaluates IDO risk and token health can provide early warnings.

Current Status and What to Do If You Still Hold PINK

As of October2025, the token is listed as “inactive” on CoinGecko with a red warning icon. No reputable exchange lists it, and the contract shows no recent activity. If you still have PINK in a wallet, the only realistic options are:

1. Transfer the tokens to a private address you control - this prevents accidental loss.
2. Consider a token swap on a decentralized aggregator if a liquidity pool ever appears (unlikely).
3. Accept the loss and use the experience as a learning case for future investments.

Because the token holds virtually no value, tax authorities in many jurisdictions treat it as a capital loss, which can offset gains on other crypto assets. Check local tax guidance if you want to claim that loss.

Comparison of Tokenomics: Dot Finance vs. Typical Successful DeFi Token

Final Takeaway

Dot Finance (PINK) serves as a textbook example of how an unnamed team, inflated ROI promises, and a tokenomics design that favors insiders can lead to a complete collapse. By studying its timeline, you can sharpen your due‑diligence checklist and keep your crypto portfolio safer.