When you hear the name Degen Zoo, you might think it’s just another meme coin trying to ride the wave of crypto hype. But Degen Zoo ($DZOO) isn’t here to make you rich. It was built to call out fraud.
Created in March 2023, Degen Zoo was a direct response to Logan Paul’s Crypto Zoo project - a token many in the crypto community called a scam. The creators didn’t just launch a coin. They built a protest. Their message? If you’re going to make money off animals, at least do something real with it. So Degen Zoo promised to give 100% of its profits to charities saving endangered species. That’s not a marketing gimmick. That’s the entire point.
How Degen Zoo was born
Logan Paul’s Crypto Zoo launched in late 2022 with flashy NFTs of animals and promises to fund wildlife conservation. But within weeks, people started asking: Where’s the money? Who’s managing the donations? Was any of it real? The answer, for many, was no.
Enter Degen Zoo. A group of anonymous developers built the token in exactly 30 days. They didn’t hire marketers. They didn’t pay influencers. They didn’t even build a fancy website. Their only goal: prove that a charity token could be real when others were faking it. They launched with an ICO from March 7-10, 2023, raising $1.65 million at $0.006 per token. That money went straight into a wallet to be distributed to animal charities.
What kind of token is DZOO?
Degen Zoo runs on the Ethereum blockchain as an ERC-20 token a standard for fungible tokens on Ethereum that allows easy integration with wallets and exchanges. That means you can store it in MetaMask, Trust Wallet, or any wallet that supports Ethereum-based tokens. You can buy it on exchanges like KuCoin and Gate.io, but don’t expect big trading volumes.
Here’s the messy part: nobody agrees on the numbers. Some sources say there are 1 billion DZOO tokens total. Others say 800 million. CoinLore says 1 billion, KuCoin says 1 billion with 334 million in circulation, and Cryptorank says 800 million with 270 million circulating. The confusion isn’t a bug - it’s a feature. Degen Zoo was never meant to be a financial instrument. It was meant to be a statement.
Price and market performance: A ghost coin
If you look at DZOO’s price today, you’ll see wild swings. As of October 2025, prices ranged from $0.001673 on CoinMarketCap to $0.00172565 on Stoic AI. That’s down more than 98% from its all-time high of $0.0867 (KuCoin) or 68% from $0.0280 (CoinLore). That’s not a crash. That’s a collapse.
Trading volume? Barely exists. CoinMarketCap shows $0. CoinGecko says $1.16 in 24 hours. Stoic AI says $2. For comparison, even the smallest legitimate charity tokens like Pinkcoin trade $50,000+ daily. Degen Zoo’s market cap hovers around $700,000 - barely enough to buy a single Tesla. It ranks #6879 on CoinLore and #7332 on CoinMarketCap. In a $4 trillion market, it’s invisible.
And yet, the price goes up sometimes. In late 2025, CoinLore reported a 197% monthly gain. But that wasn’t because more people were buying. It was because a few wallets moved tokens around, creating artificial spikes. This is classic pump-and-dump behavior - the exact thing Degen Zoo was created to fight.
Charity claims: Where did the money go?
The project’s biggest selling point was transparency. All profits would go to animal charities. But there’s no public ledger showing where the funds were sent. No press releases. No partnership announcements. No updates from the charities themselves.
KuCoin’s documentation says the funds were distributed, but doesn’t list recipients. The official website links to a Twitter account with 2,348 followers - last active in 2023. Reddit has 12 mentions in a year. No one’s talking about it. No one’s tracking it.
That’s the irony. Degen Zoo was built to expose fraud, but now it’s the one under suspicion. Did the team donate? Maybe. Did they do it publicly? No. That lack of transparency undermines the whole mission.
Is Degen Zoo still alive?
Technically, yes. The token still trades. The contract still exists. But there’s no development team. No roadmap. No GitHub updates since 2023. No new features. No mobile app. No community growth.
Compare it to World Food Chain or Pinkcoin - both charity tokens with active teams, public donation reports, and real partnerships with NGOs. Degen Zoo has none of that. It’s a relic. A digital protest that never turned into a movement.
Some call it a failed experiment. Others call it a cautionary tale. Either way, it’s not a crypto investment. It’s a digital artifact - a snapshot of a moment when the crypto community tried to do the right thing, but forgot to follow through.
Should you buy DZOO?
If you’re looking to make money - don’t. The odds are worse than flipping a coin. The liquidity is near zero. The price is unstable. There’s no team to support it. No future updates. No reason to believe it’ll ever grow.
If you’re curious about crypto activism - maybe. You could buy a few tokens just to see how the system works. But don’t expect anything back. Not in money. Not in impact. The project’s legacy isn’t in its price. It’s in the conversation it started: Can a crypto project be ethical if it’s not transparent?
Most people who bought DZOO in 2023 lost money. But maybe they got something else: a lesson. Not every token needs to go to the moon. Some are meant to burn bright, then fade - so others learn from the smoke.
What is Degen Zoo (DZOO)?
Degen Zoo ($DZOO) is an Ethereum-based ERC-20 token created in March 2023 as a protest against Logan Paul’s Crypto Zoo project. Its creators claimed the original project was fraudulent and built DZOO to prove that a charity-focused crypto token could be real - by donating all profits to endangered animal charities.
Is Degen Zoo a good investment?
No. DZOO has extremely low trading volume, minimal market liquidity, and no active development team. Its price is volatile and largely driven by speculation or manipulation, not real demand. It’s not a viable investment - it’s a historical footnote in crypto activism.
Where can I buy DZOO tokens?
DZOO is listed on a few exchanges, including KuCoin and Gate.io. However, trading volume is near zero, and liquidity is extremely low. You’ll need an Ethereum-compatible wallet like MetaMask to hold it, and you’ll pay standard Ethereum gas fees to trade it.
Did Degen Zoo actually donate to animal charities?
The project claimed 100% of profits went to animal charities, but there is no public record of donations, recipients, or verification. No charity has publicly acknowledged receiving funds from Degen Zoo. This lack of transparency has led many to question whether any donations were made at all.
Why does Degen Zoo have conflicting supply numbers?
Different data aggregators report different total and circulating supply figures - from 800 million to 1 billion tokens. This inconsistency exists because Degen Zoo was never designed with financial transparency in mind. It was built as a protest, not a financial product, so detailed accounting was never prioritized.
Is Degen Zoo still being developed?
No. There has been zero development activity since its March 2023 launch. No GitHub commits, no social media updates, no team announcements. The official website and Twitter account have been inactive for years. It’s a dead project in all but name.