Crypto exchange Indodax has officially added a new asset option for traders. Each new token is undoubtedly a highly anticipated moment, opening up new opportunities for portfolio diversification or simply keeping up with the latest trends.

The token added this time is Dupe (DUPE), a Solana-based project that has been a hot topic in the crypto community.

This raises an interesting question: is DUPE just a meme coin or does it hold greater potential? To find out the answer, read the full review below.

What is Dupe (DUPE)?

Dupe (DUPE) is an SPL token that runs on the Solana network. This token is directly connected to the Dupe.com project, a generative marketplace known for one of the most viral shopping tricks on the internet.

This platform was featured on “The Today Show” and is used by over 1,000,000 shoppers each month. Dupe.com’s main concept is to provide a more economical and convenient shopping experience.

In seconds, the system can search the internet for similar products, giving users the feeling of a treasure hunt while saving time and money.

Interestingly, Dupe also benefits brands. Products that are usually hard to find can instantly appear in front of potential buyers with high purchase intent, thanks to its generative marketplace mechanism.

Therefore, although DUPE is categorized as a meme coin in the Solana ecosystem, this token carries a unique story. Its branding combines the lighthearted feel of meme coins with an e-commerce narrative relevant to current digital shopping trends.

Latest Market Data (September 2025)

According to coinmarketcap.com data on Monday (September 22, 2025), the price of Dupe (DUPE) was around $0.005929, not far from its daily low of $0.005657 and its high of $0.006278 in the last 24 hours.

This price has indeed fallen significantly compared to its All-Time High (ATH) of $0.03072 on June 20, 2025, a correction of more than 70%.

However, considering its lowest point (All-Time Low/ATL of $0.004078 on August 21, 2025), DUPE has still recorded a recovery of around 44%.

This indicates that DUPE is in a consolidation phase after a previous period of volatility.

In terms of market fundamentals, DUPE’s current capitalization is around $5,920,000, with a daily trading volume of $4,370,000.

The volume-to-market cap ratio is over 70%, indicating that trading activity for this token remains quite active compared to its market size.

In terms of supply, DUPE has a total and maximum supply of 999,990,000 tokens, with a circulating supply reported to be around 1,000,000,000 DUPE.

To date, there are approximately 6,500 wallet addresses in the Solana ecosystem registered as token holders.

Why is DUPE Attractive?

It’s important to emphasize that DUPE is not just a meme coin. Several factors make this token stand out among other Solana projects, including the following:

1. Active Liquidity

DUPE demonstrates quite high trading activity with stable daily volume. This signals that the market for this token is still vibrant, unlike many new meme coins, which often quickly become quiet after the initial hype subsides.

Strong liquidity also makes it easy for traders to enter and exit positions without worrying about wide price fluctuations.

2. Growing Community

The Solana ecosystem is known for its solid community base, and DUPE has benefited from this trend. The growing number of holders in Solana wallets demonstrates sustained interest, not just fleeting speculation.

An active community is fundamentally a crucial foundation for the sustainability of a meme token.

3. E-commerce Narrative

Unlike other meme coins like BONK, WIF, or POPCAT, which rely more on humor and community, DUPE brings a unique twist by connecting the meme coin’s branding to the world of e-commerce.

This narrative could open the door to wider adoption, especially among internet users attracted to online shopping trends.

4. CEX & DEX listing

DUPE’s presence on centralized exchanges (such as LBank) and popular DEXs on Solana (Meteora, Raydium) broadens investor access.

Listing on major platforms typically also enhances a project’s credibility, while increasing its potential liquidity and market reach.

Risks & Challenges

Despite its appeal, DUPE still carries a number of risks that should be understood before diving in. Here are some things to consider:

1. High Volatility

DUPE’s price movements are quite extreme, with declines of more than 70% from its all-time high (ATH).

This situation represents a significant risk for traders and short-term investors, as the asset’s value can fluctuate drastically within hours or days.

This type of volatility is common in the meme coin category, so entering DUPE requires a more stringent risk management strategy.

2. Unclear Tokenomics

Currently, the circulating supply is limited to internal reports (self-reported supply), with no detailed transparency regarding the vesting schedule, initial distribution, or who the major token holders (whales) are.

This lack of clarity raises concerns about the possibility of dumping, where large token holders massively sell their holdings and depress the market price.

3. Limited Utility

While the DUPE branding brings a new dimension by linking meme narratives and e-commerce, in practice, the token’s utility remains minimal.

Its value is largely driven by community hype and short-term trends. Without real feature development or usability, the risk of losing long-term appeal is significant.

4. Search Engine Optimization (SERP) Noise

The name “Dupe Solana” can be confusing when searched online because it is often mixed with other topics, including music artists with the same name.

This requires investors to conduct more thorough Do Your Own Research (DYOR) to avoid misinformation. Misreading data or sources can lead to incorrect investment decisions.

Indodax Listing Details

DUPE is confirmed to be available on the Indodax platform soon. This certainly provides new opportunities for local traders to participate in this token’s movement.

The usual trading pair is DUPE/IDR, allowing users to trade directly with Rupiah without having to convert to stablecoins first.

It’s important to note that for a complete schedule, including deposits, trading, and withdrawals, Indodax will release an official announcement through its official communication channels.

Essentially, this listing also opens up easier access for the crypto community in Indonesia, especially for those who want to try Solana-based assets without having to go through an international DEX.

How to Trade DUPE on Indodax

For those of you who want to explore the opportunities of listing DUPE on Indodax, the trading process is quite simple. Here are the steps you can follow:

1. Log in to your Indodax account

Make sure you have a KYC-verified account to be able to make full transactions. Verification is important for maintaining security and providing access to all trading features on the platform.

2. Deposit Rupiah

Topping up your account balance is done via bank transfer or an e-wallet supported by Indodax. The deposit process is usually fast, and the IDR balance can be used immediately to purchase DUPE.

3. Search for the DUPE/IDR market

Type “DUPE” in the crypto market search bar. Select the DUPE/IDR trading pair to buy directly using Rupiah without having to convert to USDT first.

4. Enter the order amount

Determine the amount of DUPE you wish to buy or sell. You can choose an instant order based on the market price, or set a limit order at your desired price. Once confirmed, click confirm to complete the transaction.

As a tip, always activate the 2FA (Two-Factor Authentication) feature to protect your account from unauthorized access.

Double-check the price in the order book before pressing the buy/sell button to avoid incorrect pricing. Avoid hasty decisions simply due to FOMO (Fear of Missing Out) and use a risk management strategy for more controlled trading.

Conclusion

So, that was an interesting discussion about Getting to Know Dupe (DUPE), the Solana Meme Coin soon to be available on Indodax. You can read more about it in the INDODAX Academy Crypto Academy.

In conclusion, DUPE is a Solana-based meme coin that stands out for its unique narrative and growing community.

Although its price has corrected quite sharply from its ATH, its listing on Indodax opens new opportunities for local traders to participate in this token’s movement.

However, before jumping in, traders are advised to DYOR (Do Your Own Research) and implement appropriate risk management strategies, given DUPE’s still a hype token with high volatility.

By the way, besides gaining in-depth insights through various popular crypto education articles, you can also broaden your horizons through a collection of tutorials and choose from a variety of popular articles that suit your interests.

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FAQ

1.What is Dupe (DUPE)?
The SPL token on Solana, linked to Dupe.com, features a meme and e-commerce narrative.

2.What is the total supply of DUPE?
±1,000,000,000 DUPE.

3.What is the current price of DUPE?
$0.005929 (data as of September 22, 2025).

4.When will DUPE be listed on Indodax?
Official details will be announced soon by Indodax.

5.Does DUPE have a community in Indonesia?
The global community is currently active on X/Telegram; an Indodax listing will attract local interest.

6.Can DUPE be staked/farmed?
There is no official staking mechanism yet, but it can be traded on the Solana DEX.

7.Is DUPE suitable for beginners?
It could be a diversification option, but it carries high risks because it is a meme coin.

8.What’s the difference between DUPE and BONK or WIF?
DUPE has the added benefit of being an e-commerce token, not just a community meme.

9.Where can I store DUPE?
All Solana wallets (Phantom, Solflare, Ledger via integration).

10.Does DUPE have the potential to rise again?
It depends on community hype, project utility, and additional exchange listings.

Author: Boy