Damoon Coin (DAMOON) Explained: Full Overview of the Meme Token on Cronos
Damoon Coin (DAMOON) Token Calculator
Token Information
Burn Mechanism: When any VVS-whitelisted meme token on Cronos hits $10M market cap or $3M daily volume, 1% of total supply is burned (up to 20% of reserve).
Calculator
Enter your DAMOON holdings to see potential burn impact and projected value changes.
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Quick Takeaways
- Damoon Coin (DAMOON) is a meme‑style token launched in 2024 on the Cronos blockchain.
- Fixed total supply of 100million, with about 70million currently circulating.
- Price data is fragmented - prices range from $0.03 to $0.11 across major trackers.
- Liquidity is extremely thin; most trading occurs on Cronos‑based DEXs.
- Deflationary burn kicks in when any VVS‑whitelisted meme token on Cronos hits $10M market cap or $3M daily volume, burning up to 20% of the reserve supply.
What is Damoon Coin is a space‑themed meme cryptocurrency that debuted in 2024. The branding revolves around a cartoon character named “Mr. Damoon” who claims to have “nerves of steel and a heart full of adventure.”?
In plain English, DAMOON is a digital token that lives on the Cronos blockchain a layer‑1 network built by Crypto.com that offers low fees and fast finality.. The project markets itself as a fun, community‑driven meme coin, borrowing the whimsical tone you see in Dogecoin or Shiba Inu. Its official literature intentionally sprinkles misspellings (“steal” instead of “steel,” “hart” for “heart”) to reinforce a playful brand identity.
Tokenomics: Supply, Burn Mechanism, and Distribution
The Damoon Coin tokenomics are straightforward on paper. The protocol caps the total supply at 100,000,000 DAMOON no additional tokens can ever be minted.. As of October2025, roughly 70,000,000 DAMOON are reported as circulating on major trackers.. The remaining 30million sit in a burn reserve.
The burn function is tied to the health of the broader VVS Finance a DeFi platform on Cronos that hosts a suite of meme‑token swap pools. ecosystem. Whenever any VVS‑whitelisted meme token on Cronos reaches a $10million market‑cap milestone or pushes $3million in daily trading volume, the protocol automatically destroys 1% of the total DAMOON supply, up to a maximum of 20% of the reserve pool. The idea is to create a deflationary pressure that rewards holders regardless of DAMOON’s own price movement.
Market Data: Prices, Volumes, and Valuations
Pricing for DAMOON is a textbook case of low‑liquidity volatility. Different aggregators show wildly disparate numbers:
- CoinMarketCap lists DAMOON at $0.09701 with a 24‑hour volume reported as $0.
- Binance quotes $0.108861, down 1.62% in the last day, also with $0 volume.
- Coinbase shows $0.0363 per DAMOON and explicitly states the token is not tradable on its platform.
- CoinGecko records a tiny $151.47 24‑hour volume, representing a 44.40% spike.
Market‑cap estimates swing between $4.5million and $6.5million depending on the source, while the fully diluted valuation (FDV) sits in the $4.3-$5.9million range. The token’s all‑time high, according to Coinbase data, was $0.12, meaning the current price sits well below that peak.
How to Acquire and Store DAMOON
If you decide to dip your toes in DAMOON, you’ll need a wallet that supports the Cronos network - for example, MetaMask configured for Cronos or the native Crypto.com DeFiWallet. Because major centralized exchanges do not list DAMOON, the practical route is to use a Cronos‑based decentralized exchange (DEX) such as VVS Swap, TraderJoe, or CakeSwap.
- Set up a Cronos‑compatible wallet and fund it with CRO (the native Cronos token) to pay gas fees.
- Navigate to your chosen DEX and connect the wallet.
- Search for the DAMOON contract address (you’ll find it on the project’s official docs) and add it to the token list if it doesn’t appear automatically.
- Swap CRO (or another supported token) for DAMOON, confirm the transaction, and store the tokens in your wallet.
Remember that thin liquidity means price slippage can be extreme. A modest trade might shift the market price dramatically, so consider using limit orders where the DEX permits them.
Risks and Red Flags
Every meme token carries a high‑risk profile, but DAMOON raises a few specific concerns:
- Liquidity scarcity: Reported 24‑hour volumes of $0 to $151 highlight the difficulty of entering or exiting positions without moving the market.
- Price reporting inconsistencies: Conflicting quotes across CoinMarketCap, Binance, and CoinGecko suggest data‑feed gaps that can confuse traders.
- External burn dependency: The deflationary mechanism hinges on other meme tokens hitting certain thresholds, which may never happen if the broader Cronos meme ecosystem stalls.
- Community size: Only about 2,300 wallet addresses hold DAMOON, a modest number for a token that aims to foster a viral community.
- Exchange accessibility: Absence from major centralized platforms limits exposure to casual investors who prefer familiar interfaces.
Potential investors should treat DAMOON as a speculative, high‑volatility asset and only allocate funds they can afford to lose.
Future Outlook: Development and Market Position
At the moment, the project’s roadmap is vague. Apart from the burn rule, there are no publicly announced upgrades, partnerships, or utility expansions. The Cronos ecosystem continues to grow, and if VVS Finance gains broader adoption, DAMOON’s burn schedule could activate more frequently, gradually reducing supply. However, the token’s survival still depends on community engagement and the ability to attract liquidity providers.
In a crowded meme‑coin landscape, novelty alone rarely sustains long‑term value. Tokens that add functional use cases-such as gaming, NFTs, or staking rewards-tend to endure longer. Until DAMOON announces concrete utility, its price will likely remain tied to meme hype cycles and the health of the Cronos DeFi scene.
Key Metrics at a Glance
| Metric | Value |
|---|---|
| Total Supply | 100,000,000 DAMOON |
| Circulating Supply | ~70,000,000 DAMOON (Oct2025) |
| Current Price (avg.) | $0.07‑$0.11 (varies by tracker) |
| Market Cap | $4.5M‑$6.5M (est.) |
| Fully Diluted Valuation | $4.3M‑$5.9M |
| Blockchain | Cronos (Crypto.com) |
| Token Type | Meme cryptocurrency |
Frequently Asked Questions
Is Damoon Coin listed on major exchanges?
No. As of October2025, DAMOON is not available on centralized platforms like Coinbase, Binance (spot), or Kraken. Trading is limited to Cronos‑based DEXs such as VVS Swap and TraderJoe.
What wallet should I use for DAMOON?
Any wallet that supports the Cronos network works. Popular choices include MetaMask (configured for Cronos), Crypto.com DeFiWallet, and Trust Wallet. Ensure you have CRO for gas fees.
How does the burn mechanism work?
When any VVS‑whitelisted meme token on Cronos reaches a $10million market cap or $3million daily trading volume, the DAMOON contract automatically destroys 1% of the total supply, pulling tokens from a reserve pool. This can happen up to 20% of the reserve, creating a gradual deflationary effect.
Why do price quotes differ so much across sites?
DAMOON’s trading volume is minuscule, so a single trade can shift the market price noticeably. Different aggregators pull data from separate DEXs and may apply different weighting formulas, leading to the observed gaps.
Is Damoon Coin a good long‑term investment?
It’s highly speculative. The token lacks clear utility, has thin liquidity, and depends on external market conditions for its burn. Treat it as a high‑risk, purely speculative play and only allocate money you can afford to lose.
manika nathaemploy
Wow, that token math looks interesting. Gotta say, the burn mechanism could really shake things up if it triggers.
Brian Lisk
Reading through the specifications, it's clear that Damoon Coin tries to blend meme appeal with a structured supply model. The total supply of 100 million with a circulating portion of 70 million gives room for growth, especially if the community embraces the burn events. Those 1% burns at $10M market cap thresholds could act as a deflationary pressure, potentially rewarding long‑term holders. On the other hand, the reliance on VVS‑whitelisted tokens for the trigger might limit exposure to broader market dynamics. Still, the price range of $0.07 to $0.11 suggests there's a sweet spot for early adopters. If volume picks up and the token crosses the $3M daily threshold, we could see a cascading effect on price stability. Overall, the tokenomics are thoughtfully laid out, though the true test will be community participation and real‑world adoption.
EDWARD SAKTI PUTRA
The calculator looks like a handy tool for anyone holding DAMOON.
Jack Stiles
Honestly, the whole burn thing is kinda cool, but idk if people will actually watch the market caps.
Ritu Srivastava
It's pretty reckless to hype a meme token without addressing the underlying utility. The community should be skeptical about any project that leans heavily on burn mechanics as a gimmick rather than delivering real value.
Liam Wells
While the previous comment raises concerns, one must consider that meme tokens have historically thrived on speculative interest; moreover, the burn protocol, when activated, introduces a scarcity factor which, ceteris paribus, should elevate perceived value; nonetheless, the dependency on external VVS‑whitelisted tokens may constrain autonomous growth, thereby rendering the token's trajectory contingent upon broader market sentiment, which, as is well‑known, is notoriously volatile.
Caleb Shepherd
Don't you think the whole system is secretly controlled by hidden algorithms? The burn triggers could be manipulated, and the token might be a front for larger financial schemes.
Darren Belisle
Nice breakdown! If the community rallies around the burn events, it could create a positive feedback loop.
Mark Bosky
From a technical standpoint, the token's smart‑contract architecture appears sound; however, potential investors should audit the contract for any hidden functions before committing capital.
Melanie LeBlanc
The vibrant graphics on the site match the energetic vibe of the community, and that kind of visual flair can help attract new participants.
Don Price
Look, I've been tracking a lot of these meme projects, and there's a pattern: once the hype dies, the price collapses. The burn mechanism sounds nice on paper, but it's merely a band‑aid for an inherently unsustainable model. Every time these tokens hit a milestone, the team promotes the burn as a “win,” when in reality they're just masking the lack of real utility. If you dissect the token’s whitepaper, you'll notice vague language about future use‑cases, which is typical for speculative assets. I’d advise anyone considering entry to treat this as a high‑risk gamble, not an investment.
Jasmine Kate
Another day, another token promising the moon. Honestly, the drama around these burn events is just for the hype.
Dawn van der Helm
Super excited! 🚀🚀🚀 The community vibes are awesome! 😎
Monafo Janssen
Hey folks, just wanted to say that the token’s design feels straightforward, and if the community stays active, we might see some real movement.
Michael Phillips
Philosophically speaking, the notion of burning a portion of supply to increase scarcity raises interesting questions about value creation.
Jason Duke
First, the concept of a meme token such as Damoon Coin is inherently grounded in community sentiment rather than intrinsic utility, which means its valuation is highly volatile and susceptible to rapid sentiment shifts. Second, the burn mechanism, while theoretically deflationary, depends on external metrics like a $10M market cap and $3M daily volume, creating a conditional scarcity that may never materialize without substantial market participation. Third, the token’s circulating supply of 70 million units juxtaposed with a total supply of 100 million suggests a deliberate retention strategy, potentially limiting immediate liquidity for new investors. Fourth, the price range of $0.07 to $0.11 indicates a low entry point, yet this low price can be a double‑edged sword, attracting speculative traders while also deterring serious investors looking for stability. Fifth, the reliance on VVS‑whitelisted meme tokens adds a layer of interdependence that could propagate risk across multiple assets if one performs poorly. Sixth, the calculator tool on the site is useful for estimating potential burn impact, but it does not account for market dynamics such as slippage, order book depth, or external macroeconomic factors. Seventh, the token’s community engagement appears active, which is a positive sign, but community hype alone cannot sustain long‑term growth without solid use‑cases. Eighth, regulatory scrutiny on meme tokens is increasing, and any future compliance requirements could impose additional constraints on the token’s operation. Ninth, the smart contract should be audited thoroughly; any undisclosed vulnerabilities could be exploited, especially in a space where rapid token movements are common. Tenth, the tokenomics lack clear pathways for integrating the token into broader DeFi ecosystems, limiting composability. Eleventh, the burn event’s cap at 20% of reserve may limit the maximum deflationary effect, thereby capping potential price appreciation. Twelfth, the token’s branding and meme appeal could attract a younger demographic, which might foster rapid community growth but also increase turnover. Thirteenth, potential investors should assess the team’s transparency; anonymity can be a red flag in this arena. Fourteenth, the token’s market cap range of $4.5M‑$6.5M places it in the micro‑cap category, which typically exhibits higher risk‑adjusted returns but also greater volatility. Fifteenth, ultimately, while Damoon Coin presents an intriguing blend of meme culture and deflationary mechanics, prospective participants must weigh these attributes against the substantial risks inherent to speculative meme assets.
Franceska Willis
i think this token could be a great opportunity for new investors, but isnt it risky?
Bryan Alexander
Honestly, the excitement around the burn events is like watching fireworks; it's bright and mesmerizing, but once the spark fades, you're left wondering what the real value was.
Patrick Gullion
Well, if you think the burn is just a gimmick, then perhaps you're missing the point that scarcity can actually drive demand in crypto markets.
Mark Fewster
The token's design seems solid, though it's essential to monitor actual burn events before forming expectations.
Heather Zappella
From an analytical perspective, the integration of a burn mechanism tied to external market metrics introduces a dynamic feedback loop; however, thorough due diligence is advisable.
Kate O'Brien
Considering the hidden players behind many of these tokens, it's possible that the burn triggers are orchestrated to manipulate price.
Ricky Xibey
Quick take: keep an eye on volume, that's where the action's at.
Lara Decker
The token's potential is there, but without solid fundamentals, the hype could fade quickly.
Anna Engel
Oh great, another “revolutionary” meme token-just what the crypto world needed, said no one ever.