What Is Ping (PING): The First Memecoin on Coinbase’s x402 Powering Agent-to-Agent Payments
What is Ping (PING)? Ping (PING) is not just another token; it symbolizes the experimental and rebellious spirit of the early crypto internet. In the realm of AI-driven and onchain payments, it merges meme culture with Coinbase’s groundbreaking x402 protocol, opening a new era for internet-native, agent-to-agent transactions.
With the mission to stress-test x402 in production, Ping (PING) stands as the first memecoin minted entirely via x402 — no frontend, no team, no utility — just pure on-chain innovation. This article will guide you through everything about Ping (PING), from its origin and tokenomics to its cultural impact on Web3 degens.
Key Takeaways
- First memecoin ever launched on Coinbase’s x402 protocol, symbolizing the rise of agentic payments.
- 1 billion $PING minted through 100k x402 transactions, each worth 1 USDC — 100% of USDC automatically used for liquidity on Uniswap.
- No team, no utility, no allowlist — the liquidity is locked, making $PING a pure community-driven experiment.
- Coinbase’s x402 booms 8,000% after $PING debut, proving how one memecoin can ignite an entire onchain movement.
What is Ping (PING)?
Ping (PING) is a memecoin built on the Base blockchain, designed to stress-test Coinbase’s x402 payment protocol — an open standard for internet-native payments and AI-to-AI commerce.
The project embodies the following values:
- On-chain experimentation: every mint happened fully via x402scan, without a hosted frontend.
- Decentralized liquidity: all USDC from minting was locked into Uniswap pools, ensuring transparency.
- Community over speculation: no team allocation, no presale, no utility — only early adopters defining its culture.
Ping (PING) captures the ethos of early Web3: testing, breaking, and rebuilding. It bridges the world of memes, payments, and AI agents — a tribute to the “ping” command that checks connectivity across the internet.
Source: Ping on X
Coinbase’s x402 Booms 8,000% After $PING Debut
The launch of $PING, the first-ever memecoin built on Coinbase’s x402 protocol, has triggered an explosive wave of onchain activity. According to x402scan data, protocol transactions soared by over 700%, trading volume skyrocketed 8,200%, and new buyers jumped an astonishing 1.5 million percent, driving x402’s strongest week since inception.
Within days, $PING reached a $20M+ market cap, validating Coinbase’s open-source strategy of empowering developers through x402 and Base. The surge in PING-driven transactions has positioned x402 as one of the fastest-growing ecosystems for experimental token launches — proving how a single community-driven memecoin can ignite an entire onchain movement.
Ping (PING) Price Prediction 2025
Predicting the price of any cryptocurrency relies on market trends, project fundamentals, and community adoption. With its viral origin as the first memecoin launched on Coinbase’s x402 protocol, Ping (PING) is expected to stabilize within the range of $0.04–$0.05 in the short to mid term.
If the project maintains its momentum as a cultural phenomenon within the x402 and Base ecosystems, the value of Ping (PING) could rise to around $0.12 by 2026 and potentially $0.14–$0.15 by 2030, reflecting sustained community interest and onchain growth.
Source: Bitget Wallet
Key Features of Ping (PING)
The standout features of Ping (PING) include:
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First Memecoin on x402 Protocol
Ping is the first-ever memecoin launched on x402, Coinbase’s open protocol for internet-native payments. It represents a pioneering experiment that merges onchain culture with payment infrastructure designed for AI agents and machine-to-machine transactions.
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Onchain-Only Mint via x402scan
The entire mint process of $PING occurred fully onchain, without any frontend. Degens executed over 100,000 mint transactions, each worth 1 USDC, directly via x402scan — showcasing the protocol’s ability to handle real production traffic.
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Fair Launch & Locked Liquidity
A total of 1 billion $PING was minted. 100% of the USDC collected was automatically used to provide liquidity on Uniswap, with no team allocation, no allowlist, and liquidity permanently locked in the smart contract. This ensures transparency and fair participation for all holders.
How Does Ping (PING) Work?
The operation of Ping (PING) is based on its mission to stress test x402 in a live production environment while embracing the spirit of open, decentralized memecoin culture.
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x402 Payment Integration
x402 extends the old HTTP 402 “Payment Required” code into a programmable standard for onchain payments. Through this, agents or users can send microtransactions (e.g., 1 USDC) that trigger smart contract functions like minting or transfers directly inside web requests.
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Smart Contract-Based Minting
Each 1 USDC transaction through x402 automatically triggered the mint function of the $PING contract, distributing tokens to senders without intermediaries. This mechanism made the launch fully transparent and verifiable on BaseScan.
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Automated Liquidity Deployment
After minting, all collected USDC was routed to Uniswap liquidity pools, paired with $PING to establish market depth. The liquidity remains locked, ensuring no central entity can withdraw or manipulate it.
By integrating onchain community energy and the emerging culture of agentic commerce, Ping (PING) demonstrates how decentralized memes can coexist with next-generation payment infrastructure like x402 — serving as both a cultural experiment and a stress test for the AI-driven economy.
Ping (PING)'s Team, Vision, and Partnerships
The Team
Ping (PING) has no official team or foundation — aligning with the pure meme ethos of decentralization. The token was launched permissionlessly, emphasizing community participation, early adopter culture, and the idea that anyone can contribute to the x402 ecosystem’s growth.
The Vision
At its core, Ping (PING) symbolizes connectivity, transparency, and experimentation. Its vision is to test the limits of x402 as a payment layer for internet-native and AI-agent transactions, while embracing the social energy of memecoins to drive adoption.
Partnerships
While Ping (PING) itself has no formal partnerships, its existence is deeply tied to the x402 protocol developed by Coinbase, and it indirectly benefits from the broader ecosystem working on agentic payments and onchain automation. Its launch also drew attention from early adopters and builders testing x402 infrastructure.
Use Cases of Ping (PING)
PING, having no defined utility, serves as a pure experimental memecoin to stress-test the x402 protocol, embodying the early adopter spirit exploring Coinbase’s open payment layer for internet-native transactions.
Roadmap of Ping (PING)
The roadmap for Ping (PING) outlines a clear path for growth and innovation:
| Quarter | Roadmap |
| Q3 2025 | NA |
| Q4 2025 | NA |
| Q1 2026 | NA |
| Q2 2026 | NA |
How to Trade and Manage Your New MemeCoin on-chain with Bitget Wallet?
Bitget Wallet is your ultimate Web3 hub for managing, trading, and earning with the newest meme and x402-based tokens. As a non-custodial, multi-chain wallet trusted by over 80 million users, it gives you full control of your crypto — from Base to Polygon — with one simple app.
Why Use Bitget Wallet for x402 or MemeCoin Projects?
Bitget Wallet stands out as a secure, cross-chain, beginner-friendly gateway designed for the next generation of on-chain traders and builders.
Core advantages include:
- Earn up to 10% APY through Stablecoin Earn Plus.
- Zero-fee trading on memecoins and RWA U.S. stock tokens.
- Global crypto card (Mastercard / Visa) — spend stablecoins or profits worldwide with zero fees.
Whether you’re testing payments on x402, minting your first $PING, or swapping community memecoins, Bitget Wallet gives you the tools to do it safely and seamlessly.
How to Use Bitget Wallet to Trade or Distribute Your MemeCoin
Follow these quick steps to go fully on-chain:
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Connect your Bitget Wallet to Base or Polygon network.
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Swap USDC or another stablecoin for your MemeCoin directly in-app.
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Track prices, yield, and portfolio in real time from your dashboard.
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Spend or distribute rewards globally using your integrated Bitget crypto card.
CTA:
“Trade and manage your MemeCoin on-chain with Bitget Wallet — the all-in-one gateway for stablecoin storage, cross-chain swaps, and seamless global payments.”
Conclusion
Ping (PING) has proven that a memecoin can be more than just a fleeting trend. It stands as living proof that open protocols like Coinbase’s x402 can turn ideas about onchain and AI payments into reality. As the first token ever minted entirely through x402, PING’s success comes purely from its community — an experiment showing that creativity can thrive without a team or roadmap, powered only by collective participation.
And when you’re ready to join such onchain experiments, Bitget Wallet is your perfect companion. The wallet not only lets you trade PING and other memecoins on Base easily with zero swap fees, but also integrates everything you need — from crypto cards to multi-chain support — while keeping you in full control of your assets. Simply put, if you want to explore Web3 safely and efficiently, Bitget Wallet is the gateway worth unlocking.
👉 Trade and manage your $PING with Bitget Wallet — your all-in-one gateway for x402, Base, and beyond.
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FAQs
1. What is Ping (PING)?
Ping (PING) is the first-ever memecoin launched on Coinbase’s x402 protocol, designed to stress-test real onchain payments between AI agents and users. It was minted entirely via x402 transactions, without a frontend, team, or utility — symbolizing pure decentralized experimentation.
2. How was $PING minted?
Over 100,000 transactions worth 1 USDC each were executed via x402scan, automatically triggering the mint function on Base. In total, 1 billion $PING was created, and 100% of the USDC collected was locked as liquidity on Uniswap.
3. How can I buy or trade Ping (PING)?
You can trade $PING directly through Bitget Wallet, which supports Base and cross-chain swaps. Simply connect your wallet, swap USDC for $PING, and monitor your portfolio in real-time.
Risk Disclosure
Please be aware that cryptocurrency trading involves high market risk. Bitget Wallet is not responsible for any trading losses incurred. Always perform your own research and trade responsibly.
