CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

TownsTOWNS

An on-chain group-chat app where creators run paid membership 'Spaces' and the protocol takes fees.

Rank #2061Since August 2025
Price on 31 Oct 2026
C$0.00199 -29.3% since 31 Jul 2026 · 97.9% below its all-time high

The short version

Towns is a group-chat protocol on Base where creators launch Spaces with on-chain memberships and earn from membership sales and tips, with fees going to the protocol. Ben Rubin is co-founder and CEO, and a16z led US$61M of funding. On 31 Oct 2026 one TOWNS cost C$0.00199. From 31 Jul 2026 to 31 Oct 2026 its price changed -29.3% in Canadian dollars, and it was 97.9% below its all-time high of C$0.0967 set on 5 Aug 2025.[1]

Checked 31 Oct 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.0169 (10 Nov 2025) · low C$0.00187 (30 Oct 2026) · -86.6%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.00197US$0.00141
30 Sep 2026C$0.00289US$0.00203
31 Aug 2026C$0.00341US$0.00246
31 Jul 2026C$0.00273US$0.00195
30 Jun 2026C$0.00269US$0.00189
31 May 2026C$0.00437US$0.00316
30 Apr 2026C$0.00434US$0.00320
31 Mar 2026C$0.00466US$0.00335
28 Feb 2026C$0.00454US$0.00332
31 Jan 2026C$0.00815US$0.00604
31 Dec 2025C$0.00862US$0.00629
30 Nov 2025C$0.0114US$0.00810

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$0.00199[1]
3-month change
-29.3% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
97.9% below its high of C$0.0967 (5 Aug 2025)[1]
Market rank
#2061, market value about C$4.2M[1]
Kind
Token · Base (ERC-20); also on Ethereum and BNB Chain
Started
August 2025

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoEthereum contract mints only coded yearly inflation (8% falling to 2%); Base copy mints only via bridges[2, 3]
Can anyone freeze or take coins from holders?NoNo blacklist, pause or seize function in the Ethereum or Base token code[2, 3]
Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy[4]
Is the supply capped?NoContract inflation falls from 8% to a permanent 2% a year after 20 years; no hard cap[2]
Any scheduled unlocks in the next 12 months?Not disclosedAbout 79% of total supply not circulating; release schedule not published[5, 6]
Does a team or foundation hold over 10% of supply?YesTeam 21.46% and investors 13.74% allocated at an Aug 2025 launch; most supply not circulating[6, 5]
Do network fees reach coin holders?Not disclosedProtocol fees exist; where they go is not published[7]
Main network hacked or halted in the past 2 years?NoNo Towns entry in DefiLlama's hacks list[8]
Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found[9]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

CEO
Ben Rubin (co-founder and CEO)[10]
Backers
a16z led; Framework, Coinbase Ventures and Benchmark joined; US$61M raised 2023-2025[6]
Contracts
Ethereum contract mints only coded yearly inflation; the Base contract is an upgradeable proxy minted by bridges[2, 3]

Supply

In circulation
2.11B TOWNS of a 15.33B maximum (13.8%)[1]
Fully diluted value
4.80 times its current market value[1]
Allocation
Community reserve 43.14%, team 21.46%, investors 13.74%, airdrop 9.87%, nodes 9.17%, public investors 2.62%[6]
Inflation
New tokens start at 8% a year, declining over time[7]
Circulating
About 2.11B of 10.13B total on 17 Oct 2026; release schedule not published[5]

Use and fees

Main use
Delegating to node operators (30-day lockup) and to Spaces; governance votes[7]
Fees
The protocol takes fees on memberships and tips; no fee or user data found[7, 11]

Trading

Daily trading
About C$5.2M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 67.22% of its market value changes hands each day[1]
20-week average
30.6% below its 20-week average price[1]
1-year change
-86.6% in C$[1][12]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins (this coin ranks below 500, so the nearest group is shown)

33% were higher a year later[13]

Typical result
Median -38% after a year; 33% higher after two years
Lost half or more
44% within a year
Against Bitcoin
11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Nothing found for this period.

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. Blockscout (Towns Ethereum token code), 1 Nov 2026
  3. Sourcify (Towns Base token code), 1 Nov 2026
  4. GoPlus token security (Ethereum), 1 Nov 2026
  5. CoinGecko markets snapshot, 17 Oct 2026
  6. DropsTab (Towns allocation and rounds), 31 Oct 2026
  7. CoinMarketCap AI (what is Towns), Oct 2026
  8. DefiLlama hacks, 31 Oct 2026
  9. CoinMarketCap AI (Towns updates), Oct 2026
  10. CryptoRank (Towns team), 31 Oct 2026
  11. DefiLlama fees, 31 Oct 2026
  12. Bank of Canada USD/CAD rate, 31 Oct 2025
  13. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.