Crypto & Blockchain What is LoveBit (LB) crypto coin? ESG memecoin explained

What is LoveBit (LB) crypto coin? ESG memecoin explained

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LoveBit (LB) isn’t another Dogecoin clone. It doesn’t just ride memes or hype. It claims to be the first ESG-focused memecoin - mixing environmental, social, and governance principles with the wild, unpredictable world of cryptocurrency. Launched on January 16, 2024, it’s built on the Binance Smart Chain as a BEP-20 token, meaning it works with wallets like MetaMask and Trust Wallet. But unlike most memecoins that vanish after a pump, LoveBit says it’s here to do something real: help kids.

What makes LoveBit different from other memecoins?

Most memecoins - Dogecoin, Shiba Inu, Pepe - live off internet jokes and viral trends. Their value swings wildly based on Twitter trends or Elon Musk tweets. LoveBit tries to break that mold. Its team says the coin was created to honor Satoshi Nakamoto’s original idea: decentralized finance for everyone, not just speculators. So instead of just printing tokens and hoping for a moonshot, they launched real-world projects.

The biggest one? The "Save the Children" campaign. From December 2024 to March 2025, LoveBit diverted a portion of trading fees to fund child welfare programs. No vague promises. No PR fluff. They reported donations publicly. That’s rare. Most memecoins don’t even track where their money goes. LoveBit did.

Then came the Telegram Tap Game. Launched in February 2025, it’s a simple click-to-earn game where players earn LB tokens just by tapping. It’s not a full blockchain game like Axie Infinity, but it’s designed to pull people in - not with promises of riches, but with engagement. The idea? Make crypto fun, social, and meaningful. Whether it worked? Nobody knows. There are no public numbers on how many people played, how many tokens were earned, or if users stuck around.

LoveBit’s numbers: huge supply, tiny value

LoveBit has a maximum supply of 210 trillion tokens. That’s 210,000,000,000,000. For comparison, Bitcoin’s total supply is 21 million. That’s 10,000 times smaller. A supply this massive means each token is worth almost nothing. As of October 2025, one LB token trades for about $0.0000005714. You’d need over 1.7 million LB to buy a single dollar.

Its market cap sits around $119.3 million, which sounds big - until you realize that’s from a coin worth less than a fraction of a penny. It’s ranked #6832 among all cryptocurrencies. That’s near the bottom. The price has been all over the place. It hit an all-time high of $0.00009989 in July 2024. That’s almost 175 times higher than its current price. Then it dropped to a low of $0.0000062141 in March 2025. Since then, it’s bounced back 428% from that low. That’s not growth. That’s volatility.

Trading volume? Around $220,000 a day. That’s tiny. For reference, Dogecoin trades over $1 billion daily. LoveBit trades on just two exchanges. That means low liquidity. If you try to sell a large amount, you’ll likely crash the price yourself.

A fox with a blockchain tail gives LB tokens to children under a crumbling 'ESG MEMECOIN' sign, with shadowy figures vanishing behind.

Is LoveBit a good investment?

Let’s be blunt: no one can say LoveBit is a "safe" investment. It’s a memecoin. Memecoins are gambling with extra steps. But here’s what the data shows:

  • Price over 7 days: up 18.9%
  • Price over 30 days: up 104.1%
  • Price over 1 year: up 77.3%

Those numbers look great - until you remember the crash from its peak. It’s a rollercoaster. The RSI (a momentum indicator) is at 54.41 - neutral. That means no strong buying or selling pressure. But the price is below both its 50-day and 200-day moving averages. That’s a classic bearish signal. Price prediction models from late 2025 said it would drop to $0.0000007143. It’s already there. And the Fear & Greed Index is at 64 - "Greed." That means people are buying because they fear missing out, not because they believe in the project.

There’s no institutional analysis. No major crypto research firm has covered it. No Wall Street analyst is watching. It’s all retail traders and Telegram groups. That’s a red flag.

Can you buy LoveBit? How?

Yes - if you know how. You need:

  1. A crypto wallet that supports BEP-20 tokens (MetaMask, Trust Wallet, etc.)
  2. BNB (Binance Coin) to pay for network fees
  3. Access to one of the two exchanges where LB trades (exact names aren’t widely publicized)

You can’t mine LoveBit. You can’t earn it staking. You can only buy it on exchange or through peer-to-peer trades. The process is simple for experienced crypto users. For someone new? It’s confusing. You need to understand gas fees, token contracts, and how to verify a token address. A wrong copy-paste and you lose your money.

And don’t trust random links. LoveBit’s official site is lovebit.org. Anything else - a Telegram group, a YouTube video, a Twitter ad - is likely a scam.

A dragon made of trillions of LB tokens rests on empty wallets, a single glowing leaf above it, with 'lovebit.org' shining in the distance.

The bigger picture: Is ESG crypto even real?

LoveBit’s biggest claim - being ESG-focused - is also its biggest question mark. What does "Environmental, Social, Governance" even mean for a token?

Environmental? Binance Smart Chain uses proof-of-stake, which is way greener than Bitcoin’s energy-hungry mining. So yes, technically, it’s low-carbon. But that’s not LoveBit’s doing - it’s the blockchain.

Social? The "Save the Children" campaign sounds noble. But was it a one-time PR stunt? Or is there a long-term plan? No public reports show ongoing donations. The campaign ended in March 2025. Since then? Silence.

Governance? There’s no public roadmap for token holder voting. No decentralized governance structure. The team in Hong Kong runs everything. That’s centralized. That’s the opposite of what crypto promises.

LoveBit uses ESG as a marketing tool. And it works - for now. But without transparency, accountability, and long-term action, it’s just branding.

What’s next for LoveBit?

The team says they’re working on "major exchange listings." That could mean better liquidity and more visibility. But no names. No dates. Just promises. Without new exchange listings, LoveBit will stay stuck in low-volume trading. Without more real-world projects beyond one charity campaign and a simple game, it’ll fade like every other memecoin that tried to be "different."

Right now, LoveBit is a gamble with a conscience. It’s not a revolution. It’s not a financial tool. It’s a meme with a mission statement. And in crypto, that’s enough - for now.

Is LoveBit (LB) a scam?

LoveBit isn’t a scam in the traditional sense - there’s a real team, a real website, and a real donation campaign. But it’s extremely high-risk. The token’s value is based on hype, not utility. The team hasn’t proven long-term commitment beyond one campaign. If you’re buying LB hoping to get rich, you’re likely to lose money. Treat it like a lottery ticket, not an investment.

Can you mine LoveBit tokens?

No, you cannot mine LoveBit. It’s not a mineable coin. All 210 trillion tokens were created at launch. The supply is fixed. You can only buy LB on exchanges or receive it through the Telegram Tap Game.

What wallet should I use for LoveBit?

Use any wallet that supports BEP-20 tokens on the Binance Smart Chain. MetaMask and Trust Wallet are the most popular. Never send LB to a wallet that doesn’t support BEP-20 - you’ll lose your tokens forever. Always double-check the contract address on the official LoveBit website before sending.

Why is LoveBit’s price so low?

LoveBit has a supply of 210 trillion tokens. That’s enormous. Even if the market cap is $119 million, dividing that by 210 trillion means each token is worth less than half a microcent. Low price doesn’t mean low value - it just means each unit is tiny. The real question is whether demand can grow enough to raise the price meaningfully.

Is LoveBit listed on Coinbase or Binance?

As of October 2025, LoveBit is not listed on Coinbase, Binance, or any other major exchange. It trades only on two smaller platforms, which limits access and liquidity. If it ever gets listed on a major exchange, that could change its trajectory - but there’s no official confirmation of this happening.

About the author

Kurt Marquardt

I'm a blockchain analyst and educator based in Boulder, where I research crypto networks and on-chain data. I consult startups on token economics and security best practices. I write practical guides on coins and market breakdowns with a focus on exchanges and airdrop strategies. My mission is to make complex crypto concepts usable for everyday investors.