What is All Street Bets (BETS) crypto coin? 26 Feb
by Danya Henninger - 0 Comments

All Street Bets (BETS) isn’t just another meme coin. It’s a cryptocurrency built on a clear mission: fighting human trafficking. Launched on the Base blockchain, BETS uses every transaction to fund real-world anti-trafficking efforts. That’s not a marketing gimmick - it’s coded into the smart contract. Every time someone sends BETS, 3% of that transaction is automatically redirected to charities working to rescue and support victims of human trafficking. This isn’t charity by donation. It’s charity by design.

How BETS Works: The 3% Tax That Makes a Difference

Most crypto tokens have transaction fees. Some are for network costs. Others are for team wallets or marketing. BETS takes a different approach. Its 3% fee isn’t kept by developers or investors. It’s sent directly to vetted nonprofit organizations focused on ending human exploitation. No middlemen. No delays. The blockchain handles it automatically.

This mechanism is called a charitable tax. It’s not optional. It doesn’t require users to opt in. Every transfer - whether you’re buying, selling, or sending BETS to a friend - triggers the tax. The funds go to organizations that have been vetted by the project’s team, though exact partner names aren’t publicly listed in available data. That lack of transparency is a red flag for some, but the structure itself is verifiable on-chain. You can check any transaction on the Base blockchain and see the 3% being diverted.

Tokenomics: Fixed Supply, No Inflation

All Street Bets has a hard cap of 10 billion tokens. That’s it. No more will ever be created. This fixed supply is intentional. It mirrors how public companies issue shares - once the total is set, it doesn’t change. That makes BETS more predictable than tokens with inflationary models, where new coins are constantly minted and dilute value.

With 10 billion tokens in circulation, each BETS token is worth a tiny fraction of a cent. As of February 26, 2026, prices vary slightly depending on the exchange. CoinGecko shows it trading around $0.00002924, while Coinbase reports $0.000021. These differences aren’t errors - they’re normal. Prices shift between exchanges because of how much buying and selling is happening on each platform. On a good day, you might get 34,198 BETS for $1. On a bad day, you might get 30,000. That’s the nature of small-cap crypto.

Trading Activity and Market Volatility

BETS has seen wild swings. Its all-time high was $0.002777, according to CoinGecko - over 99% higher than its current price. That means early buyers saw massive gains, but most people who bought after the peak are underwater. The 7-day price range shows the coin swinging between $0.00002449 and $0.00003125. That’s a 27% swing in just a week. One day it jumps 19%, the next it drops 16%. This level of volatility is typical for low-market-cap tokens with small trading volumes.

Over the last 24 hours, trading volume hovered around $140,000 across major platforms. That’s not huge. For comparison, Bitcoin moves over $20 billion in the same time. BETS is still a niche asset. Its price is driven by a small group of traders, not institutional investors. That makes it risky. A single large sell order can crash the price. A single influencer post can spike it. There’s no safety net.

A girl holds a glowing BETS token as rescued figures walk toward a distant village, surrounded by cherry blossoms and mist.

Why Base Blockchain? The Coinbase Connection

BETS runs on Base - a layer-2 blockchain built by Coinbase. That’s important. Base offers fast transactions and low fees, which matters when you’re doing small, frequent transfers. If BETS were on Ethereum mainnet, each transaction could cost $5-$10. On Base, it’s under $0.01. That makes it practical for everyday use.

Being on Base also means BETS is accessible through Coinbase Wallet and other apps that support the network. You can’t buy BETS directly on Coinbase’s main exchange yet, but you can send it to your Coinbase Wallet and trade it on decentralized exchanges like Uniswap or SushiSwap connected to Base. This gives it a quiet advantage: it’s tied to one of the most trusted names in crypto, even if it’s not listed on the main platform.

The Charitable Mission: Real Impact or Just a Pitch?

The idea of a crypto token funding anti-trafficking work sounds powerful. And it could be. But here’s the problem: no public list of charities, no audit reports, no proof of payments. The project claims the funds go to anti-human trafficking organizations, but we don’t know which ones. Are they local NGOs? International nonprofits? Are the funds being tracked and reported? Without transparency, it’s hard to trust.

Compare this to other charitable crypto projects. Some, like the $RALLY token, have public dashboards showing exactly how much was sent to which charity and when. BETS doesn’t. That’s a gap. It’s not necessarily a scam - but it’s not fully verified either. If you’re buying BETS because you care about human trafficking, you should ask: How do I know my money is helping? The answer, right now, is: you don’t.

An ancient stone tablet with smart contract symbols floats in a forest, surrounded by hands offering flowers and paper cranes.

Who Is Behind All Street Bets?

No one knows. The project has no public team. No LinkedIn profiles. No Twitter threads from founders. No whitepaper with technical specs beyond supply and tax. That’s unusual. Most crypto projects, even small ones, at least post a GitHub repo or a Telegram group. BETS doesn’t. That raises questions. Is this a community-driven project? A one-person experiment? A pump-and-dump?

The lack of information doesn’t mean it’s fake. But it does mean you’re investing blindly. You’re trusting a smart contract with no known developers behind it. That’s risky. If the contract has a hidden backdoor, or if the team walks away tomorrow, there’s no one to fix it. No one to update it. No one to answer your questions.

Should You Buy BETS?

If you’re looking for a safe investment - skip it. BETS is too volatile, too obscure, and too poorly documented to be a long-term hold.

If you’re a crypto enthusiast who believes in using blockchain for social good - and you’re okay with high risk - then it’s worth a small look. Put in a few dollars. See how the community reacts. Watch the transaction patterns on the Base blockchain. Check if the 3% tax is consistently being sent out. Look for updates on Twitter, Reddit, or Discord. If the project starts publishing charity receipts, naming partners, or releasing a roadmap, then it might be growing. If not, it’s just another token with a noble name.

Don’t buy BETS because it’s trending. Don’t buy it because someone on YouTube called it the "next big thing." Buy it only if you understand the risks - and if you’re okay with supporting a mission you can’t fully verify.

What’s Next for BETS?

Without a team, a roadmap, or transparency, the future of BETS is uncertain. It could fade into obscurity. Or it could gain traction if someone steps forward to lead it. Community-led projects have succeeded before - think of Dogecoin’s early days. But those projects had visibility. BETS doesn’t. Until it does, it remains a speculative experiment with a good heart but shaky foundations.

Is All Street Bets (BETS) a scam?

There’s no proof that BETS is a scam, but there’s also no proof that it’s legitimate beyond the smart contract code. The 3% charitable tax appears to be working on-chain, which suggests it’s not a pure pump-and-dump. But the lack of a public team, whitepaper, or charity partnerships makes it risky. Treat it like a high-risk bet - not a guaranteed investment.

Can I buy BETS on Coinbase?

No, you cannot buy BETS directly on Coinbase’s main exchange. But you can send it to your Coinbase Wallet and trade it on decentralized exchanges (DEXs) that support the Base blockchain, like Uniswap or SushiSwap. You’ll need to connect your wallet to one of these platforms and swap another crypto (like USDC or ETH) for BETS.

How does the 3% charitable tax work?

Every time a BETS token is transferred - whether you’re sending it to someone, selling it, or swapping it - 3% of the total amount is automatically pulled out by the smart contract and sent to a predefined wallet address controlled by the project. That wallet then distributes funds to anti-human trafficking charities. This happens without any user action. It’s built into the token’s code.

What’s the total supply of BETS?

The total supply of All Street Bets is fixed at 10,000,000,000 tokens. No more will ever be created. This makes it deflationary by design, unlike tokens that mint new coins over time. The entire supply is already in circulation.

Why is BETS priced so low?

BETS is priced low because it has a huge supply - 10 billion tokens - and low demand. With so many tokens available, each one is worth only a fraction of a cent. The price isn’t about value; it’s about supply and market interest. If more people start buying, the price will rise. If interest fades, it’ll keep dropping. Its low price doesn’t mean it’s cheap - it just means each unit is small.

Is BETS only on Base blockchain?

Yes, as of now, BETS exists only on the Base blockchain. It is not listed on Ethereum, Binance Smart Chain, Solana, or any other network. This limits its accessibility but also keeps transaction costs low and makes it easier to track on-chain activity.

Can I trust the charity claims?

You can’t fully trust the charity claims without public proof. The smart contract sends funds out, but we don’t know where they go. There are no published reports, charity names, or audit trails. If transparency improves - for example, if the project starts posting receipts or partnering with known NGOs - then trust may grow. Until then, treat the charity angle as a hopeful idea, not a verified fact.

Danya Henninger

Danya Henninger

I’m a blockchain analyst and crypto educator based in Perth. I research L1/L2 protocols and token economies, and write practical guides on exchanges and airdrops. I advise startups on on-chain strategy and community incentives. I turn complex concepts into actionable insights for everyday investors.

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