What is Bullit (BULT) crypto coin? Facts, risks, and why it’s not what it claims
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There’s a coin called Bullit (BULT) floating around crypto forums and sketchy exchange lists. It claims to be a decentralized data storage solution - something like Filecoin or Arweave - but with a twist: it says you don’t need to be a tech expert to use it. Sounds promising, right? Except almost everything about it is broken, contradictory, or outright fake.
It’s not clear what blockchain Bullit even runs on
One source says Bullit is built on Solana. Another says it’s on Ethereum. CoinMarketCap lists an Ethereum contract address: 0xb97c...fc36e5. CoinSwitch says it’s on Solana. Solana doesn’t use Ethereum-style addresses. That’s like saying your car runs on gasoline but then showing you a diesel pump. This isn’t a mistake - it’s a red flag. If the most basic technical detail is conflicting across platforms, what else are they lying about?
There’s no whitepaper. No GitHub repo. No developer activity. No team members named. No roadmap. No blog. No Twitter updates since 2022. If this were a real project trying to compete with Filecoin or Storj, you’d see code commits, technical docs, community calls. Instead, you get silence - and a price chart that makes no sense.
The price data is nonsense
On November 27, 2023, CoinMarketCap listed Bullit at $0.001469. Binance had it at $0.00101. Coinbase? $3.38. But Coinbase also said “0 in circulation.” How can something have a price if nothing is circulating? That’s not a glitch - it’s a sign the data is either being manipulated or pulled from a fake trading pair.
Even worse: CoinMarketCap claims Bullit hit an “all-time high” of $492.47 on August 9, 2025. That’s a date that hasn’t happened yet. It’s 2025. We’re in November. That number is impossible. This isn’t a data lag. This is garbage data being fed into a system that’s supposed to be trustworthy. Real coins don’t have prices from the future.
Trading volume is almost zero
Bullit’s market cap was around $727,000 in late 2023. But its 24-hour trading volume? $3.04. That means less than $4 changed hands in a full day. For comparison, Filecoin trades over $20 million daily. Even tiny coins like Dogecoin move $50 million. Bullit’s volume is so low, you couldn’t buy $10 worth without the order failing. One user on Bitgur wrote: “Tried to buy $10 worth but order never filled - looks like no liquidity.”
That’s not a coin. That’s a ghost. A token with no buyers, no sellers, and no real market. If nobody’s trading it, why does it have a market cap? Because someone listed it and inflated the numbers. That’s how pump-and-dump schemes start.
No one in the industry recognizes it
Check CoinDesk. Cointelegraph. The Block. Messari. Delphi Digital. None of them mention Bullit. Not once. Not even as a warning. Meanwhile, Filecoin, Arweave, and Storj are covered regularly - their tech, their partnerships, their network usage. Filecoin has stored over 10 exabytes of data. Arweave has 85,000 active apps. Bullit? Zero verifiable data. Zero storage nodes. Zero proof of use.
Even on Reddit, the r/Solana community labeled Bullit “unverified with conflicting blockchain information.” That post got 47 upvotes and only 12 downvotes - meaning most people who saw it knew something was off.
Users are warning each other to stay away
There are barely three reviews on CoinGecko and Bitgur. Two are negative. One says: “Can’t find any actual project website or team info - steering clear.” The other: “Tried to buy $10 worth but order never filled.”
The lone positive review? “Low market cap means potential for 100x if they deliver.” That’s not a review - that’s a gamble. And a dangerous one. You’re betting on a project that doesn’t exist. No code. No team. No infrastructure. Just a ticker symbol and a fake price.
Why does this even exist?
There’s a pattern here. A low-cap token with no real use case, conflicting technical data, zero liquidity, and a price that makes no sense. That’s the textbook setup for a rug pull. Someone creates a token, lists it on small exchanges, pumps the price with fake volume, then disappears. The “all-time high” from 2025? That’s likely a bot-generated fake to lure in new buyers.
It’s also possible Bullit is just a data error - a typo in a blockchain explorer that got copied everywhere. But even then, the fact that multiple platforms are running with the same bad data shows how little oversight exists in the crypto space. If you’re not careful, you’ll end up buying a coin that doesn’t exist - and losing money because no one will take it off your hands.
What should you do?
If you’re thinking about buying Bullit: don’t.
Even if you believe it’s “undervalued,” there’s no way to verify that. No one is building it. No one is using it. No one is talking about it. The only people promoting it are the ones who already own it - and they’re the ones who stand to profit if you buy in.
Real decentralized storage projects have open code, public metrics, active developers, and real users. Bullit has none of that. It’s a shell. A ticker. A ghost in the machine.
If you’re looking for decentralized storage, go with Filecoin, Arweave, or Storj. They’re real. They’ve been around for years. You can see their networks running. You can check their GitHub. You can read their docs. You can trust them.
Bullit? You can’t trust anything about it. Not the price. Not the blockchain. Not the team. Not the future. The only thing certain is this: if you invest in Bullit, you’re not investing in a project. You’re betting on a glitch - and the odds are stacked against you.
19 Comments
priyanka subbaraj
November 30 2025This is the exact kind of scam that ruins crypto for everyone else.
Zero transparency. Fake prices. No code. Just greed.
Don't invest. Just delete it.
George Kakosouris
December 1 2025Let’s break this down technically: the Ethereum contract address 0xb97c...fc36e5 is non-compliant with EIP-55 checksum standards on-chain, and the Solana claim is invalid because Solana uses base58-encoded public keys, not hex addresses. This isn’t a data error-it’s a deliberate obfuscation tactic to bypass automated detection systems. The ‘$492.47 ATH’ from 2025? That’s a bot-generated timestamp injection, likely from a shell exchange scraping API with spoofed timestamps. The market cap-to-volume ratio is 239,000:1. That’s not illiquidity-that’s a dead asset with pump-and-dump fingerprints all over it.
Real DeFi projects don’t hide their contract code. They publish audit reports. This? It’s a honeypot.
Tony spart
December 2 2025Man these crypto scams are getting worse. I mean, come on, a coin that doesn't even know what blockchain its on? And a price from the FUTURE??
That's not a coin, that's a cartoon.
USA out. Stay away from this trash.
Mark Adelmann
December 2 2025Thanks for laying this out so clearly. I’ve seen a lot of sketchy tokens, but this one takes the cake.
It’s wild how easy it is for these fake projects to get listed on exchanges with zero due diligence.
Just remember: if you can’t find a GitHub repo, a team, or even a blog post from 2023, it’s not a project-it’s a lottery ticket with a ticker symbol.
Stick to the big names. Filecoin, Arweave, Storj-they’ve earned their place. This? It’s just noise.
ola frank
December 2 2025One must interrogate the epistemological foundations of crypto asset valuation. If a token’s market cap is derived from non-existent liquidity, fabricated price feeds, and temporally incoherent data points (e.g., an ATH from a future date), then its ontological status as a ‘currency’ collapses.
It becomes a semiotic phantom-an empty signifier in a hypercapitalist feedback loop. The absence of technical documentation, developer activity, and verifiable infrastructure indicates not merely negligence, but a systemic failure of accountability mechanisms in decentralized finance.
What we’re witnessing is not market inefficiency, but the commodification of ignorance.
imoleayo adebiyi
December 2 2025I appreciate how thorough this breakdown is. It’s sad how many people still fall for this stuff.
I’ve seen friends lose money on tokens like this because they thought ‘low market cap = high potential.’
But potential without substance is just a dream.
Thanks for being the voice of reason.
Real projects don’t need hype-they just need to build.
Angel RYAN
December 3 2025Yeah this is wild. I checked Binance and CoinMarketCap just to be sure and the numbers really are all over the place.
Kinda makes you wonder how many other coins are like this.
Maybe we need a community-driven watchdog for these tiny tokens.
Not everyone’s a pro, but we can still help each other avoid traps.
stephen bullard
December 3 2025It’s kind of beautiful in a tragic way-how a simple ticker symbol can trick so many people into believing something exists when it doesn’t.
People aren’t buying a coin-they’re buying hope.
And hope, when it’s not grounded in reality, becomes a liability.
But hey, at least now we’ve got this post to warn others.
That’s the real win here.
Savan Prajapati
December 4 2025Why do people even try? No team. No code. Fake price.
Just stop. Go sleep.
Michael Labelle
December 6 2025I just checked CoinGecko. Still no real info. Zero reviews that aren’t either ‘100x’ or ‘don’t touch.’
It’s like watching a ghost try to buy groceries.
Just… don’t.
Joel Christian
December 6 2025Wait so the price is from the future?? 😱
Like… time travel crypto??
That’s so cool… wait no that’s not cool that’s a scam.
Also my phone autocorrected ‘Bullit’ to ‘Bullet’ and now I’m scared.
Stay safe everyone.
jeff aza
December 6 2025Let me just say, as someone who’s analyzed 472 tokens this year-this is textbook ‘no liquidity, no team, no whitepaper, no future.’ The fact that CoinMarketCap even lists it is a failure of their data pipeline. The $492.47 ATH? That’s not a typo-it’s a bot-generated hallucination. The 24h volume is $3.04? That’s not illiquidity-that’s a zombie asset. You can’t even trade it without triggering a ‘no market’ error. This isn’t a coin. It’s a digital ghost story. And the worst part? Someone’s still pumping it on Telegram.
They’re not trying to build. They’re trying to disappear.
Vijay Kumar
December 8 2025People still falling for this? Pathetic.
You think low cap = hidden gem?
No. It’s a trap.
And you? You’re the sucker.
Go read a book. Or better yet-go trade Bitcoin.
Stop wasting your life on ghosts.
Vance Ashby
December 10 2025Wow. This is wild. I just checked the contract address on Etherscan. No transfers. No interactions. Just… empty.
And the 2025 ATH? 😅
Guess I’m not buying this one.
👍
Brian Bernfeld
December 10 2025I’ve been in crypto since 2017. I’ve seen rug pulls, fake airdrops, and tokens that vanished overnight.
This? This is the most blatant one yet.
Zero team. Zero code. Zero history. A price from the future? That’s not a glitch-it’s a middle finger to every investor who’s ever trusted a platform.
And yet, people still buy it.
Don’t be one of them.
Real projects don’t hide. They show up. They commit. They build.
Bullit? It’s not a project. It’s a warning sign.
Christina Oneviane
December 12 2025Oh so now crypto is time-traveling?
Next thing you know, Dogecoin will be worth $1… in 2028.
And I’ll be rich. In a parallel universe.
Meanwhile, in this one? I’m cashing out my Bitcoin and buying a house.
Bye, Bullit. You were never real.
fanny adam
December 13 2025This is clearly part of a larger surveillance operation. The conflicting blockchain claims? A distraction. The future price? A predictive algorithm test. The zero volume? A honeypot to identify retail investors who still trust centralized exchanges. The fact that CoinMarketCap hasn’t removed it? They’re complicit. This isn’t a scam-it’s a controlled experiment in mass gullibility. The government, the exchanges, the ‘developers’-all of them are in on it. They’re using these fake tokens to train AI models on how humans react to financial deception. Don’t be a lab rat. Delete your wallet.
Eddy Lust
December 13 2025Man… this is like finding a ghost in your WiFi router.
It’s there. You can see the signal. But when you try to touch it? Nothing.
It’s got a name, a price, a ticker… but no soul.
And honestly? That’s kinda beautiful in a creepy way.
But also… don’t buy it.
Just… don’t.
It’s not worth the chills.
Casey Meehan
December 13 2025🚨 BULT = 💀
🚫 No team
🚫 No code
🚫 No volume
💰 Price from 2025?? 🤯
✅ DO NOT BUY
✅ USE FILECOIN
✅ USE ARWEAVE
✅ STAY SAFE 💪