What is Zippie (ZIPT) crypto coin? The truth about a dormant ERC-20 token with 0 circulating supply

Zippie (ZIPT) is a cryptocurrency that looks like a ghost. It has a blockchain address, thousands of wallet holders, and a price you can check on exchanges-but not a single token is in circulation. If you're wondering whether ZIPT is a real crypto you can buy, trade, or use, the answer isn’t simple. It’s not a scam in the traditional sense, but it’s not alive either. It’s stuck in between.

What Zippie (ZIPT) actually is

Zippie, or ZIPT, is an ERC-20 token built on the Ethereum blockchain. It launched in March 2018 after raising $19 million in a crowdsale in November 2017. That’s a lot of money for a crypto project back then. The total supply was fixed at 1 billion ZIPT tokens, and that number hasn’t changed. The contract address is 0xedd7c94fd7b4971b916d15067bc454b9e1bad980, and it’s verified on Etherscan. So technically, it’s real. The code exists. The tokens were minted.

But here’s the twist: every major exchange-Coinbase, Binance, CoinMarketCap-reports that the circulating supply of ZIPT is exactly zero. That means none of the 1 billion tokens are available to trade. Not one. Yet Etherscan shows 2,753 unique wallets holding ZIPT. So where are they? Locked up. Forgotten. Or maybe never released.

Why does circulating supply matter?

Circulating supply is the number of tokens actually available to the public. If a token’s supply is locked, it can’t be traded. If it’s not traded, it has no real market value. ZIPT’s price of around $0.00022 isn’t based on real buying and selling-it’s a theoretical number. Exchanges calculate it by taking the last trade price from tiny, inactive markets and applying it to the total supply.

That’s why ZIPT’s market cap is listed as $0 on most platforms. But if you multiply $0.00022 by 1 billion tokens, you get a fully diluted valuation (FDV) of about $218,730. That’s not a market cap-it’s a fantasy number. It’s like saying a house is worth $1 million because that’s what the owner paid for it 15 years ago, even though no one’s tried to buy it since.

What happened to Zippie after its launch?

Zippie hit its all-time high of $0.1114 in May 2018-just two months after launch. That’s a 500x jump from its initial price. Investors who bought early made massive gains. But then it vanished. No major updates. No new features. No team announcements. The official website, zippie.org, doesn’t load properly today. No GitHub activity. No Twitter posts since 2019. No Reddit threads with more than a few comments.

It’s not unusual for crypto projects to die. But ZIPT is unusual because its tokenomics are broken. Most dead projects have tokens in circulation before they fade. ZIPT’s tokens were never released. That suggests the team either never intended to launch the product, or they froze the tokens after raising money. Either way, the 2,753 holders are likely people who bought during the ICO and never moved their tokens. They’re sitting on digital ghosts.

Can you still buy or trade ZIPT?

Technically, yes-but not practically. Three exchanges still list ZIPT trading pairs, mostly against ETH or USDT. The 24-hour trading volume? Around $200 to $280. That’s less than a single Bitcoin transaction. You might find someone willing to sell you a few ZIPT tokens for a few cents. But who would buy them? There’s no utility. No wallet integration. No apps. No way to spend them.

Some wallet services like Noone.io still support ZIPT. You can add it to your MetaMask or Trust Wallet by pasting the contract address. But once you do, you’ll see the balance. And that’s it. You can’t send it to anyone because no one wants it. You can’t swap it because the liquidity is nonexistent. You’re holding a digital receipt for a service that was never delivered.

Why is there a discrepancy between holders and circulating supply?

This is the biggest mystery. Etherscan shows 2,753 wallets with ZIPT. But exchanges say zero tokens are circulating. The only explanation? The tokens are locked in contracts that haven’t been unlocked. Maybe the team set up a vesting schedule that never activated. Maybe they used a multi-sig wallet and disappeared. Or maybe the smart contract was designed to release tokens only under certain conditions-and those conditions were never met.

There’s no public documentation explaining this. No one from the Zippie team has spoken since 2019. The lack of transparency is the red flag. If you raised $19 million, you owe your investors more than silence.

Is Zippie a scam?

Not in the way most scams work. A scam usually involves fake technology, fake team members, or stolen funds. Zippie had a real contract, real funding, and real holders. But it’s a failure disguised as a project. It’s what happens when a crypto team raises money, builds nothing, and vanishes. It’s not fraud-it’s abandonment.

Compare it to other projects from 2017-2018. Many died. But most of them had at least a token launch, a website, or a whitepaper. Zippie had all of that-and then nothing. The $19 million didn’t go to a Ponzi scheme. It went into a black hole. And now, years later, we’re left with a token that exists on paper but not in practice.

What’s the current value of ZIPT?

Right now, ZIPT trades at around $0.00022 per token. That’s down 99.8% from its peak. It hit a low of $0.0001343 in late 2021, and it’s barely budged since. The price you see is meaningless. It’s not based on demand. It’s based on a few tiny trades between wallets that haven’t moved in years.

The on-chain market cap (calculated from Etherscan data) is about $219,000. But since no tokens are circulating, that number has no impact on the real market. It’s like saying your old Xbox 360 is worth $500 because someone listed it on eBay once. If no one’s buying, it’s not worth anything.

Should you invest in Zippie today?

No. Not even as a speculative play.

There’s no roadmap. No team. No development. No community. No future. Even if you bought ZIPT at $0.00001, you’d have no way to sell it. Exchanges might list it, but there’s zero liquidity. You’d be stuck with it forever. And if the project ever gets revived-if someone wakes up and releases the tokens-there’s no guarantee it will have value. The market has moved on. ZIPT is a relic.

Some people buy dead coins hoping for a rebrand or airdrop. That’s a gamble. ZIPT has no chance of that. No one’s watching it. No one’s talking about it. It’s not on any crypto radar. If you’re looking for a hidden gem, this isn’t it. It’s a tombstone.

What can you do with ZIPT now?

Nothing. Seriously.

You can add it to your wallet. You can see your balance. You can even send it to another wallet. But that’s it. There’s no DApp to use it on. No exchange to trade it on meaningfully. No merchant that accepts it. No staking. No yield. No utility. It’s digital wallpaper.

If you already hold ZIPT, you’re better off ignoring it. Don’t waste time trying to sell it. The market is dead. If you’re thinking of buying it now, don’t. You’re not investing. You’re just collecting a digital artifact.

Where does Zippie stand in the crypto world today?

ZIPT is ranked #5817 by market cap on CoinMarketCap. That’s near the bottom of the list. It’s not even in the top 1,000. It’s buried under thousands of active projects. No news site covers it. No analyst writes about it. No YouTuber makes videos on it. It’s not just inactive-it’s forgotten.

Its only legacy is the $19 million raised in 2017. That’s a cautionary tale for investors: just because a project raised a lot of money doesn’t mean it will deliver. And just because a token exists on the blockchain doesn’t mean it’s alive.