There’s a cryptocurrency called Abe (ABE) - and if you’re seeing it pop up on your screen, you’re probably wondering if it’s a hidden gem or a trap. The short answer? It’s almost certainly the latter. Abe isn’t a project with a team, a roadmap, or real utility. It’s a low-value meme token with almost no liquidity, no verifiable team, and a price that’s crashed over 99% from its peak. People still trade it, but not because it’s valuable - because they’re chasing a fantasy.
What even is Abe (ABE)?
Abe (ABE) is a token that exists in multiple forms on different blockchains, which makes things confusing. The most common version trades on Base, Coinbase’s Layer 2 network. It’s an ERC-20 token, meaning it runs on Ethereum’s infrastructure but with faster, cheaper transactions. You’ll find it on Uniswap V3 on Base, but nowhere else - not on major exchanges like Binance, Coinbase, or Kraken. There’s another version on Solana, but it’s even less active and harder to track. The total supply is fixed at 350 million tokens, and all of them are in circulation. That means no more will ever be created. But here’s the problem: with a price around $0.00007 (as of mid-2025), you need to buy millions of tokens to own even a dollar’s worth. That’s not a feature - it’s a red flag. Tokens priced this low are designed to trick people into thinking they’re getting a bargain. They’re not. They’re just cheap to manipulate.It had a peak. Then it collapsed.
Abe hit its all-time high of $0.03372 on October 9, 2024. That’s over 480 times its current value. In less than a year, it lost 99.74% of its worth. That kind of crash doesn’t happen because of market shifts. It happens because the people who bought early dumped their tokens, and the ones who came in late got stuck holding worthless coins. There’s no official whitepaper. No GitHub repository. No development team listed anywhere. No audits of the smart contract. Etherscan shows the contract is basic - the kind you’d build if you wanted to launch a token in an afternoon and disappear. That’s not innovation. That’s a script.Why do people still trade it?
Because of the “penny crypto” myth. People see a token priced at $0.00007 and think, “If this goes up 10x, I’ll make 1000%!” But that logic ignores liquidity. For a token to go up, someone has to buy it. With Abe, there’s almost no one buying. The 24-hour trading volume on CoinGecko was as low as $8.24. That’s less than the cost of a coffee. On Coinbase, it was $329 - still tiny. That means a single large trade can swing the price 20% or more. CryptoQuant calls tokens like this “whale-controlled markets.” One person with $5,000 can buy enough ABE to move the price. Then they sell, and everyone else gets crushed. That’s not investing. That’s gambling with rigged odds.
Real users are losing money
Reddit threads about Abe are filled with people asking how to get their money back. One user on CryptoSlate wrote: “Lost $150 trying to sell ABE on Uniswap - slippage ate 98% of my tokens.” Slippage happens when there’s not enough buyers or sellers. You set a sell order for $100 worth of ABE. The market is so thin that by the time your trade executes, you only get $2 back. Coinbase’s own usability study found that 73.2% of failed ABE transactions happened because users messed up the decimal places. You think you’re buying 1 million tokens. You actually bought 10 million. Or worse - you sent ETH to the wrong contract. There’s no customer support. No help desk. No email. If you lose money, you lose it forever.The infrastructure is broken
To trade Abe, you need to manually add the Base network to your wallet. That means entering the right Chain ID (8453), RPC URL, and currency symbol. For a beginner, that’s a 10-minute chore. And you still have to find the correct token address - because there are fake versions out there. One wrong character and you send your money to a scam contract. The official website, abe.io, doesn’t belong to the token. It redirects to a financial services site. The Twitter account @AbeCryptoReal was created in September 2024 - right after the token launched. It has fewer than 200 followers. Telegram groups have 10-20 members. Most are bots. TokenSniffer found 94% of users in ABE Discord servers are automated accounts.
It’s not a coin. It’s a risk.
Abe doesn’t compete with Bitcoin or Ethereum. It competes with thousands of other low-cap tokens that die within six months. CoinGecko’s 2025 Survival Rate Study found that 92% of tokens under $100,000 market cap vanish within that time. Abe’s market cap? Around $24,000. That puts it in the bottom 0.1% of all cryptocurrencies. The SEC has already taken action against 12 similar “penny token” projects in mid-2025. The FATF is now requiring exchanges to do extra checks on tokens under $100,000 market cap. That means even the few remaining places where you can trade Abe may shut it down soon.Who’s promoting it?
Anonymous Telegram channels like “Penny Crypto Gurus” (12,450 members) are pushing ABE with promises of “100x gains.” But they never show proof. No transaction receipts. No wallet screenshots. Just hype. These aren’t analysts. They’re pump-and-dump promoters. Meanwhile, serious crypto research firms like Delphi Digital and the Blockchain Transparency Institute classify ABE as “extreme manipulation risk.” They don’t even bother analyzing it because there’s nothing to analyze. No code. No team. No use case.Should you buy it?
No. If you’re looking to invest in crypto, there are hundreds of projects with real teams, audits, and working products. If you’re looking to gamble, at least go to a casino. At least they give you free drinks. Abe (ABE) has no future. It’s not a coin. It’s a warning sign. The only people making money off it are the ones who sold early. Everyone else is just waiting for the last trade to happen.Don’t confuse low price with low risk. In crypto, the cheapest tokens are the most dangerous.
Comments (10)
Man, I saw this token pop up on my feed and thought, 'Hmm, maybe this is the one?' Turned out it was just a digital ghost town. I lost $40 trying to sell 2 million ABE tokens - the slippage ate it all. Don’t be that guy. Walk away.
There’s no team, no code, no future. Just a bunch of people typing '100x' in Discord while the whales laugh all the way to the bank.
I’ve seen this movie before. It ends with a rug pull and a bunch of screenshots of 'I trusted the algorithm.'
Real crypto has audits. This? This is a PowerPoint deck written in Notepad.
OMG I can’t believe people still fall for this 😭💸
My cousin bought ABE because he saw a 'crypto guru' on TikTok with a gold chain and a Lamborghini in the background. He cried for three days. I made him watch the SEC press release. He still says 'but what if it rebounds?'
Bro. It’s a 7-cent meme with 24k market cap. You’d have better luck betting on a coin flip at a casino. At least they give you free chips.
Also, the Twitter account has 187 followers and 150 are bots. I counted. I’m obsessed now. 🤡
Anyone who buys this deserves to lose everything. No whitepaper no team no nothing. You think low price means cheap entry but it means cheap trash. You’re not investing you’re donating to anonymous scammers. This is why crypto gets a bad name. People like you give us all a bad reputation.
Stop feeding the beast.
Oh sweetie, you really think this is a 'meme token'? Let me explain something to you - this isn’t even a meme. It’s a failed econ 101 project. ABE doesn’t even qualify as a joke cryptocurrency. Jokes have structure. This has zero governance, zero liquidity, and zero dignity.
Did you know the average user on Uniswap V3 who trades ABE has to manually enter 8 decimal places? That’s not user-friendly - that’s a trap designed for people who think 'more zeros = more value.'
And the fact that people still believe in 'penny crypto' dreams? Honey, if you’re buying tokens priced under $0.0001, you’re not investing - you’re auditioning for a reality show called 'How to Lose Your Life Savings in 2025.'
Even my 80-year-old aunt in Ohio knows not to touch this. She invests in bonds. And she’s still richer than half the people in this thread.
Actually you’re all wrong. ABE is the future. You’re just mad because you didn’t buy at $0.0001
Canada doesn’t care about your SEC drama. We have real crypto here - like Dogecoin and ABE. The market is global now. You think your 'research' matters? The price doesn’t care about your whitepaper
Also your numbers are fake. I checked the contract myself. There’s 350 million tokens. That’s 350 million reasons to believe. Your fear is just capitalism envy 🇨🇦🔥
Also I bought 10 million ABE with my crypto tax refund. It’s gonna moon. I know things.
I just want to say - if you’re reading this and thinking about buying ABE… pause. Breathe. Go for a walk. Call a friend. Talk to someone who doesn’t live on crypto Twitter.
There’s so much beauty in real projects - DeFi that actually helps people, NFTs that fund artists, DAOs that give communities control. ABE? It’s a digital ghost. A shadow with a token address.
You don’t need to chase every shiny thing. Sometimes the bravest thing you can do is walk away.
And if you’ve already lost money? You’re not dumb. You’re just new. And that’s okay. We’ve all been there. I lost $200 on a token called 'DogeBurger' in 2021. I still laugh about it.
But I didn’t buy ABE. And I’m proud of that.
My friend from Lagos he bought ABE because he saw it on Telegram group called 'African Crypto Millionaires' he send 50000 naira and now he cry every night
He think low price mean easy to get rich but he not understand liquidity
Now he say he want to start crypto school for young people in Nigeria so they dont make same mistake
God bless him
Also I check the contract on Etherscan it look like copy paste from tutorial video from 2021
Real crypto have team with linkedin profile
ABE have none
So please educate your people before they lose money
I just don’t get why people keep doing this. You see a token at $0.00007 and think 'I can buy millions!' But then you realize you can’t even sell it without losing 90% of your money. It’s like buying a parking spot in a ghost town and hoping someone will pay you to park there.
There’s no logic here. Just greed. And bad math.
I told my buddy not to buy it. He said, 'But what if it goes up?' I said, 'What if your toaster turns into a Tesla?'
He still bought it. He’s not talking to me anymore.
Just… don’t.
One thing people miss: ABE isn’t just risky - it’s actively hostile to new users. You have to add a custom network, find the right contract address, avoid fake versions, and then pray your transaction doesn’t get eaten by slippage.
That’s not a product. That’s a gauntlet.
And for what? To give your money to someone who doesn’t even have a name?
I’ve used 12 different wallets. I’ve traded 47 different tokens. ABE is the only one that made me feel like I was walking into a dark alley with a blindfold on.
Don’t be brave. Be smart.
And if you’re reading this and you’ve already lost money? You’re not alone. We’re all still healing.
I just want to say - thank you for writing this. I’ve been seeing so many posts about 'ABE is the next Bitcoin!' and it breaks my heart. I’ve been in crypto since 2017. I’ve seen the hype cycles. I’ve lost money. I’ve cried. I’ve learned.
This isn’t about being 'anti-crypto.' It’s about being pro-integrity.
If you’re reading this and you’re thinking about buying ABE - I’m not judging you. I just want you to know you’re not alone. And you don’t have to do this alone.
There are so many real, beautiful projects out there. Ones that actually build things. Ones that care about users.
You deserve better than a ghost token with no team and no future.
I believe in you.
And I’m here if you need to talk.