What is InpulseX (IPX) crypto coin? The truth about this low-liquidity BNB Chain token

If you’ve seen InpulseX (IPX) pop up on a crypto tracker and wondered if it’s worth buying, you’re not alone. But here’s the reality: IPX isn’t a project. It’s a warning sign wrapped in a token symbol.

What exactly is InpulseX (IPX)?

InpulseX (IPX) is a cryptocurrency token that launched in 2023 on the BNB Smart Chain, using the BEP-20 standard. That means it runs on the same network as Binance Coin (BNB) and thousands of other small tokens. Its total supply is fixed at 6 billion tokens. But here’s where things get strange - while the total supply is set, Coinbase reports a circulating supply of zero. That’s not a typo. Zero tokens are listed as being in circulation, even though over 6 billion were created. CoinCodex says the market cap is $65,504. Coinbase says it’s $0.00. LiveCoinWatch and CoinGecko give conflicting numbers too. That kind of inconsistency doesn’t happen with legitimate projects. It suggests either a massive reporting error - or something far more concerning.

Price history: A sharp fall from a tiny peak

IPX briefly reached an all-time high of $0.001644 in March 2024. That might sound like a lot until you realize that’s less than one-tenth of a cent. Within a year, it lost over 93% of that value. As of late January 2026, it’s trading between $0.000016 and $0.000056 - down 97% from its peak. That’s not a market correction. That’s a collapse. And the worst part? There’s no clear reason why it ever rose in the first place. No product. No team. No roadmap. Just a token with a name and a contract address: 0xCDB96d3aEf363a036c6CF6c9b5736d79f0E404e2is the contract address for InpulseX (IPX) on the BNB Smart Chain.

Where can you trade IPX?

You won’t find IPX on Binance, Coinbase, or Kraken. It’s only available on decentralized exchanges - mostly PancakeSwap v3is the primary decentralized exchange where InpulseX (IPX) is traded. That’s a red flag. Legitimate tokens get listed on major exchanges after meeting strict criteria. IPX didn’t. It’s stuck on a DEX where anyone can list a token for a small fee. Trading volume is microscopic. CoinGecko reports just $42.29 traded in 24 hours. Coinbase says $8,910. Either way, it’s not enough to support real buying or selling. If you try to sell a large amount, you’ll likely crash the price. If you try to buy, you’ll pay far more than the listed price. That’s called slippage - and it’s dangerous.

No whitepaper. No team. No tech.

Every serious crypto project releases a whitepaper. It explains how the tech works, who’s behind it, and what problem it solves. IPX has none. There’s no official website. No GitHub repository. No Twitter account with real updates. No Telegram group with active users. No developer commits. No team members listed. No LinkedIn profiles. Nothing. It’s like buying a car with no engine, no keys, and no owner’s manual. The only thing you have is a contract address and a price chart that looks like a rollercoaster designed to trick new investors.

Why does IPX even exist?

There are thousands of BEP-20 tokens on BNB Smart Chain. Most die within months. A few survive because they offer real utility - like DeFi protocols, gaming platforms, or payment systems. IPX offers none of that. It doesn’t pay rewards. It doesn’t let you stake. It doesn’t unlock access to any service. It’s just a number on a screen. Its only purpose seems to be to attract people who see a price spike and think they’ve found the next Bitcoin. But that spike? It’s likely artificial. Low liquidity + no real demand = easy to manipulate. Someone buys a few million tokens, pushes the price up, and sells to newcomers before it crashes again. That’s a classic pump-and-dump. And IPX fits the pattern perfectly.

Who’s buying it?

Hard to say. There are no real discussions about IPX on Reddit, Bitcointalk, or major crypto forums. No YouTube reviews. No analyst reports. No news articles from CoinDesk, Cointelegraph, or The Block. The only mentions are from low-quality crypto blogs pushing affiliate links or bot-generated social media posts. If no one’s talking about it seriously, it’s because there’s nothing to talk about. The token has no community. No users. No adoption. Just a price chart that moves randomly.

Market position: Bottom of the barrel

IPX ranks between #6,388 and #9,161 by market cap across different trackers. That puts it among the 0.1% of cryptocurrencies with the smallest presence. For context, the entire crypto market is worth about $2.5 trillion. IPX’s fully diluted valuation - meaning if all 6 billion tokens were in circulation - is just $297,749. That’s less than 0.00001% of the total market. You’d have more chance of winning the lottery than seeing IPX become meaningful. Even among other obscure tokens, it’s considered a ghost project.

Should you buy InpulseX (IPX)?

No. Not because it’s illegal. Not because it’s a scam in the traditional sense. But because it’s a dead end. You’re not investing. You’re gambling on a token that has no foundation, no liquidity, and no future. If you buy IPX, you’re not funding innovation. You’re funding someone else’s exit strategy. The price might go up for a day. But when it drops - and it will - you won’t be able to sell without losing 80% or more. There’s no safety net. No support. No recovery plan. And if you lose money, no one will care.

What to do instead

If you’re looking for BNB Chain tokens with real potential, look at projects with: a published whitepaper, a verified team, active development on GitHub, liquidity on major DEXs like PancakeSwap with over $1 million in trading volume, and listings on at least one centralized exchange. Examples include PancakeSwap itself, SafeMoon (despite its issues), or newer projects with transparent tokenomics. Don’t chase hype. Don’t follow influencers. Don’t buy tokens because the chart went up yesterday. Do your homework. If you can’t find a single credible source talking about a token’s technology or team, walk away.

Final thought

InpulseX (IPX) isn’t a cryptocurrency. It’s a cautionary tale. It’s what happens when the crypto market becomes a free-for-all with no rules, no oversight, and too many people chasing quick wins. The price might tick up again. Someone might hype it on TikTok. But unless a team shows up, a whitepaper appears, and real trading volume grows - it’s just digital dust. And dust doesn’t last.