LOBO•THE•WOLF•PUP (LOBO): What It Is, Uses and Risks

LOBO•THE•WOLF•PUP, usually shortened to LOBO, is a meme coin that exists on Bitcoin's Runes Protocol. Runes is a token standard that records fungible tokens directly on the Bitcoin ledger, so LOBO is not a token on a separate smart contract chain. According to the project description, LOBO was created at block 840,000 and attached high transaction fees so miners would include it quickly. That approach helped it rank as Rune number 9 and place it among the top 10 runes. The token is tagged in our categories as a meme coin and a Bitcoin ecosystem token, and coingecko-style labels also list it under Runes and Bitcoin Meme. Its name is a playful nod to internet culture rather than a description of any product.

Public material describes LOBO as a community-based meme coin with no utility. A 2024 exchange listing announcement made the same point. In practice, that means the token is not presented as a payment method, a governance right, or a claim on any service. Its value, if any, comes from how many people want to hold or trade it at a given moment. Readers should not assume any use case beyond speculation and community interest unless the project publishes a clear, verifiable roadmap that says otherwise. We have not found such a roadmap available to us.

As of 2026-11-05, the data we have shows a price of about $0.00003605 per token and a market capitalization of about $31.5 million, with fully diluted value also about $31.5 million. The 24-hour trading volume was about $5,605, which is small. Over the past seven days the price was down about 6 percent, and over the past year it was down about 82 percent. The all-time high was about $0.00377702 on 2024-06-04, and the all-time low was about $0.00002569 on 2026-08-04. Circulating and total supply are both listed at 21 billion tokens, with no maximum supply given. Other sites show different prices at different times, so figures change by venue and by moment.

LOBO is issued on Bitcoin through the Runes Protocol and is not a native token of any other chain in the data we have. Meme coins of this type carry several risks. Prices can move sharply in either direction, and the thin trading volume shown in the data can make it hard to exit a position at a stated price. The token has no stated utility, so its price depends almost entirely on sentiment. Scam tokens often copy names like this one, so check the exact rune identifier and project details before trusting a listing. Holder concentration is not described publicly we have. For storage, use a Bitcoin wallet that supports runes and never share your seed phrase or private keys with anyone. This page is research, not advice to buy or sell.