Bucket Token (BUT): Uses, Supply and Risks

Bucket Token, ticker BUT, is a crypto asset issued on the Sui blockchain. Public sources do not explain who created it, what product or service it supports, or what holders can do with it. Its name should not be taken as evidence that it is related to the software “token bucket” rate-limiting algorithm; that is a separate technical concept. the public information available also do not identify BUT as the native token of a blockchain. In particular, being issued on Sui does not make it Sui’s network gas token. Treat its purpose and any claimed benefits as unconfirmed unless the project publishes verifiable documentation. Without clear information about governance, access, fees, or other token functions, it is not possible to describe a specific use case for BUT. This limited public description makes it important to verify the exact asset and its issuer before interacting with it.

The reported maximum and total supply of BUT are both 1 billion tokens. Circulating supply is listed as about 422.4 million, meaning that roughly that amount is reported to be available in circulation; circulating-supply estimates can vary by source and may change. The difference between the total and circulating figures does not, on its own, explain whether or when additional tokens might enter circulation. Public sources do not specify a release schedule, allocation among founders or other holders, burn policy, or token distribution method. Do not assume that the uncirculated portion is locked, unavailable, or destined for a particular use without evidence from the project. Supply figures are one part of assessing a token, not a measure of demand or value. Check current, verifiable token information before making decisions, and keep in mind that a large supply figure alone does not indicate how easily BUT can be bought or sold.

As of 2026-11-05, the listed price was about $0.000519, with a market capitalization of about $219,000 and a fully diluted valuation of about $519,000. These are snapshots, not fixed values, and can change quickly. Reported 24-hour trading volume was only about $27 on that date. Such low reported activity can mean that it is difficult to trade a token at a quoted price, and a small transaction may have a disproportionate effect on the displayed price. BUT was reported about 74% below its all-time high of $0.05549, recorded on 2025-05-25, and above its all-time low of $0.0004635, recorded on 2026-09-16. Historical prices do not indicate what will happen next. Market figures can differ across services, especially for assets with limited trading. Do not treat market capitalization, past performance, or a displayed price as a guarantee that you can sell at that value.

BUT is reported as issued on Sui, so use a wallet that supports Sui assets and confirm that it can display and send this specific token. Before receiving or transferring it, verify the token identity and network using reliable project or wallet information; a matching name or ticker alone may not be enough to distinguish assets. Sending a token through the wrong network or to an incompatible address can result in permanent loss. Self-custody also means you are responsible for protecting your recovery phrase and private keys. Keep them offline and private, and never share them with a person or site claiming it needs them to unlock, verify, or recover tokens. The lack of clear public information about BUT’s utility, issuer, and distribution adds uncertainty. Low reported trading volume can also make it harder to exit a position at a desired price. These are general risks, not a prediction of what the token will do.