KOGE (also referred to as 48 Club Token) is a governance and utility token connected to the BNB48 Club DAO and runs on the Binance Smart Chain (BEP‑20). This review covers KOGE’s role inside the DAO, tokenomics and market metrics, how the token works, typical use cases, risks to consider, and signals to watch for future performance.
What is KOGE / 48 Club Token?
BNB48 Club (often stylized as 48 Club) is a decentralized autonomous organization (DAO) focused on activities in the BNB ecosystem. KOGE is the DAO’s native governance and utility token — used for voting, ecosystem incentives, and certain infrastructure or investment activities within the group.
Note: This article uses market metrics and reference data reported by major crypto listing sites. Always confirm current figures on live market pages before making financial decisions.
Tokenomics & Key Market Metrics
Below are the primary token metrics commonly used by traders and researchers.
| Metric | Value (approx.) |
|---|---|
| Current Price (USD) | ~$48.04 |
| Market Cap | ~$162.77 million |
| Circulating Supply | 3,388,228 KOGE |
| 24h Volume | ~$1.16 billion |
| All-Time High (ATH) | ~$66.90 (May 28, 2025) |
| All-Time Low (ATL) | ~$7.06 (Oct 14, 2023) |
| Holders | ~53,530 holders |
| Blockchain / Standard | BNB Chain (BEP‑20) |
How KOGE Works
KOGE is implemented as a BEP‑20 token on Binance Smart Chain (BNB Chain). Its main mechanisms include:
- Governance: Token holders can vote on DAO proposals and influence allocation of resources.
- Buyback & Burn: The project has a buyback and burn design intended to reduce circulating supply over time.
- Infrastructure & Incentives: Used to encourage participation in node operations and other DAO-backed infrastructure projects.
Use Cases
- DAO governance and voting rights.
- Funding and investment within the DAO’s ecosystem projects.
- Potential integration with dApps and partner platforms for payments or services.
- Incentives for node operators or infrastructure contributors.
Risks & Considerations
Investors and participants should be aware of several typical crypto and DAO risks:
- Execution risk: Mechanisms like buyback & burn require consistent funding and governance will — otherwise promised supply reductions may not occur.
- Governance centralization: Large holders can sway votes and decisions.
- Market volatility: The token has experienced large price swings between its ATH and ATL.
- Regulatory risk: Jurisdictional changes can affect how governance tokens and DAO investments are treated.
- Smart contract risk: Bugs or exploits could result in financial loss.
Recent Performance & Trading Signals
KOGE has shown notable volatility historically: it traded near an all‑time low of roughly $7.06 in October 2023 and reached a peak near $66.90 in May 2025. Recent trading volume is high relative to market cap, indicating active liquidity and interest but also potential for rapid price swings.
What to Watch
If you follow KOGE, track these signals to assess future potential:
- Regularity and scale of buyback & burn announcements and execution.
- DAO proposal activity, voting turnout, and transparency of fund allocations.
- Partnerships, dApp integrations or listings on major exchanges.
- Smart contract audits and security disclosures.
- Regulatory developments affecting governance tokens.
References & Further Reading
Market listings, contract addresses and up‑to‑date metrics are available on major crypto listing sites and the token’s official pages. Example reference: CoinMarketCap — 48 Club Token (KOGE).