Basenji (BENJI): What It Is, Uses and Risks

Basenji (BENJI) is a dog-themed meme token issued on Base, an Ethereum layer-2 network. Its name refers to the Basenji dog breed, and the project description identifies it as a token deployed on Base. Public sources do not establish a broader product, service, or technical role for BENJI, so it is best understood as a community-oriented crypto asset rather than a token with a stated utility.

BENJI is one of several crypto assets that use the same ticker. A ticker alone is not enough to identify a token: other projects, including a fund-related token, may also use “BENJI.” Check that the asset is the Basenji token on Base before trading or sending it. As of 2026-11-05, BENJI was priced at about $0.00108, with a market capitalization of about $1.1 million and reported 24-hour trading volume of about $1,865. These are dated figures, not current quotes.

No specific use for BENJI beyond its identity as a Base-based, dog-themed meme token is established. It does not specify access to an app, governance rights, staking rewards, or a claim on revenue or assets. Do not assume that holding BENJI gives you any of those benefits unless the project clearly documents them.

Like other meme tokens, its price may be influenced by community attention, trading activity, and sentiment rather than by cash flows or a clearly defined service. That can make demand difficult to assess and prices highly volatile. The dated market figures offer only a snapshot: on 2026-11-05, its market cap was about $1.1 million and its 24-hour volume was about $1,865. Trading volume can change quickly, and a small market may make it harder to trade at a preferred price. These figures do not indicate what BENJI will be worth later.

The stated supply is 1 billion BENJI, with 1 billion in circulation, 1 billion total, and a maximum supply of 1 billion. On those figures, the full stated supply is already circulating, and there is no additional supply above the listed maximum. This does not show how tokens are distributed among holders or whether large holders could affect trading.

BENJI is issued on Base; public sources do not list it as a native token of any chain. Base is an Ethereum-compatible network, so a Base wallet can hold supported tokens there. Transactions on Base generally require ETH for network fees. Make sure your wallet is set to Base before receiving or sending BENJI. Sending it to an address or network that does not support the token could leave the funds inaccessible. Confirm the token’s contract address through a reliable project source before interacting; the name and ticker alone are not unique identifiers.

BENJI carries the risks common to small meme tokens: its price can fall sharply, demand may be limited, and low trading volume can make buying or selling difficult. The dated market figures show a modest amount of trading on 2026-11-05, but volume is variable and does not guarantee that a trade can be completed at a displayed price. The reported historical high was about $0.105 on 2024-06-09; a historical high does not imply a likely recovery. The token’s market value was about $1.1 million on 2026-11-05, and that estimate can move with the price.

Public sources do not establish whether the token’s contract has been audited or what administrative controls it may have. Treat those points as unknown rather than assuming the contract is safe. For storage, use a reputable wallet that supports Base, protect its recovery phrase offline, and never share that phrase or sign a transaction you do not understand. Verify the token identity and network before transferring funds.