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Bellscoin (BELLS)

BELLS price chart

Bellscoin ranks #229 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1792: 1563 of the 1791 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 2074 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 33% are claims on other assets, 5% are memecoins and 1% are NFT collections.

CoinSpectrum Grade	A · 70/100 · provisional, B to A
Rank among cryptocurrencies	#229
Rank counting claims	#1792
Market capitalisation	$1M
Price	$0.0204
Circulating supply	61,482,591 BELLS
Maximum supply	no fixed cap
Consensus family	Proof of Work
Consensus mechanism	Scrypt
Own hashrate	1.96 PH/s
Ledger type	Single-asset ledger
Launch distribution	No premine

Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

A — 70 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 61 to 70 (B to A).

Section and criteria	Score	Basis
Consensus	10	average of 2 criteria
By leader (its largest chain's market cap) (Source)	10	Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
By family (all its chains' market cap) (Source)	10	Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Supply	8.6	the supply scale times 0.9, and a point for a fixed cap that holds
Supply (21 million scores 10)	9.5	no fixed maximum; 61.5 million in circulation
Distribution	10	average of 3 parts
Holder concentration (Source)	–	Not yet measured
Active addresses	–	Not yet measured
Premine (allocated at launch)	10	0% of today's supply allocated at launch to founders, a company, a foundation or investors. Current chain was re-mined from the original 2013 'Nintondo' genesis starting 2023-12-06 (block 1 at 21:19 UTC); first 100 blocks paid 2 BELLS, then random 'lucky' rewards for open miners. The 88-BELLS genesis output is negligible and no allocation, instamine or sale is documented; block 1,000 took ~12 h and block 10,000 ~7 days, consistent with open mining. source
Fundraising (share sold) (Source)	10	No sale of the coin source
Developer share (after launch)	10	No developer share: every new coin goes to the miners or validators who produce blocks. GetBlockSubsidy pays the whole subsidy (now a flat 2 BELLS per block after height 518,400) to the miner; no developer or treasury output in consensus code. source
Decentralisation	10	average of 3 parts
Governance (Source)	10	No authority can halt the chain or freeze funds: No protocol key can freeze or claw back coins or halt the chain. source
No central team (Source)	10	No central team: Bells Core (MIT) is maintained in the BellsChain GitHub organisation by community developers associated with the revival (e.g. Nintondo wallet/explorer builders); the project describes itself as having no formal team, and no controlling company or foundation was identified. source
Who can mint (Source)	10	Open to anyone with hardware: anyone can produce blocks by mining, no permission needed
Nodes (Source)	–	Not yet counted
Security	4	3.2 of 8 points source
Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points)	1.9	largest 44.6%, largest three 82.2%
Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points)	0	about 113 transactions a day
Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point)	1	merge-mined: its blocks are found by another chain's miners, 1
Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point)	7	one client, latest version Oct 2026
Open source (Node software)	✓
No 51% attack (Nor a deep reorganisation, five years)	✓
Scalability	7.6	average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)	10	typical fee $5e-7
Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5)	5	about 118 simple transactions a second
Block time (10 minutes 10, less either side)	6.4	a block every 1 minute
Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth)	10	4 MB limit, 40 MB per 10 minutes
Features (3 checks)	6.7	2 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11)	✗	One-minute blocks; Bells Core (Bitcoin Core-derived) honours opt-in BIP125 replace-by-fee by default (full-RBF off), so zero-confirmation payments are not network-protected.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)	✓	Bellscoin v3 keeps Bitcoin Core's -prune.
Light clients (Payments verified from headers · Whitepaper §8)	✓	Bitcoin Core-based node serves BIP37 merkleblocks and BIP157 compact block filters.
Privacy	7	7 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 1 not yet researched source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)	10	Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus rules.
UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9)	10	Coins are separate unspent outputs: a payment spends whole outputs and sends the change to a new address, so the coins in one wallet need not share a history.
HD addresses (A new address for each payment, unlinked · Whitepaper §10)	–
Hidden amounts (Amounts confidential)	0	Transparent UTXO amounts; no confidential-transaction or shielded feature.
Hidden parties (Sender and receiver hidden)	0	Transparent addresses; no ring signatures, ZK proofs or stealth addresses.
Network privacy (Origin hidden by default)	0	Bitcoin-derived node relays its own transactions over clearnet by default; Tor (-proxy/-onion) needs user setup and there is no Dandelion.
Programmability	4.4	4 of 9 points source
Token issuance (Through a metaprotocol)	1	Ordinals inscriptions / BEL-20: read by indexers, not validated by the chain's nodes
Smart contracts (Scripting for spending conditions)	1	Bitcoin/Dogecoin-codebase Script with spending conditions only.
Multisig and time locks (Without a third party)	✓	OP_CHECKMULTISIG, OP_CHECKLOCKTIMEVERIFY and OP_CHECKSEQUENCEVERIFY in its script interpreter.
Atomic swaps (With other chains)	✓	Script can express HTLCs (hash check plus CLTV/CSV refund).
Native DEX (Trades the coin itself, not a claim)	✗	No DEX found trading the coin itself: none on its own chain (DefiLlama), and not on THORChain, Maya, Chainflip, Komodo DeFi, BasicSwap, Bisq or Haveno (checked 2026-11-04).
Cross-chain messaging (Verified by the chain itself)	✗	No cross-chain feature in the protocol.
NFTs (Carried by the chain's rules)	✗	No NFT type in the protocol; Ordinals-style inscriptions are read by indexers only.
Demand	4.4	average of 7 measures
Exchanges (10 or more: 10)	3	3 exchanges
Daily volume ($10K 0, $1B or more 10)	1.6	$56,284 traded in 24 hours; #1826 by volume on the exchanges the site reads (scored on the median day of the last 30, $59,755)
Turnover (volume ÷ market cap, 5% a day: 10)	9.5	4.1% of its market cap a day, median of the last 30 days
Order-book depth (±2% of the price ÷ market cap, 1%: 10)	5.4	$535 within 2% of the price on 2 exchanges, 0.04% of its market cap, median of the last 15 days
Market cap ($1M 0, $10B or more 10)	0.2	$1.3M, 0.2 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)	10	no futures, options or margin on the exchanges read
Wallet support (wallets that hold it, 10 or more: 10)	1	its own node and wallet, counted as 1: no wallet in the site's directory lists it yet
Record	4.2	average of 3 criteria
Age (years since genesis) (Source)	2	2 full years since 2023-12-15, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, fixes, vulnerabilities)	1.5	1 positive, 1 negative source
Positive
Steady work, 2.5 of 6	✓	36 commits in 5 of the last 12 months (github.com/BellsChain/bellscoin); BellsChain/bellscoin: Bells Core v3.1.1-rc2 (October 2026) and v3.1.0-rc1 (November 2025) are the only mainnet releases in the last 24 months, both release candidates; v3.0.0-rc2 was September 2024.
Negative
Unfixed vulnerability, disclosed 2026-05-05, −1	✗	CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in Bellscoin v3.0.0-rc2. bitcoincore.org raw.githubusercontent.com
Conduct (origin, claims, halts)	9	2 positive, 1 negative source
Positive record
No claims by its founders that contradict its own design	✓
No halt, freeze or reversal in five years	✓
Negative record
Launched as a joke, its founders saying it has no purpose	✗	Created by Billy Markus in November 2013 as a tribute to Animal Crossing's 'bells' currency; the project's own site (bellscoin.com) calls it 'the ancient meme coin born in 2013' and says Dogecoin was forked from it. bellscoin.com bitcointalk.org

Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Proof of Work coins

Proof of Stake coins

Supply

61,482,591 BELLS are in circulation, against no fixed cap — issuance has no defined end.

Launch and allocation

Premine (allocated at launch)	0% of today's supply
Sold by the issuer or insiders	0% of today's supply
Developer share received since launch	0% of today's supply
Developer share of new coins today	0%
Fundraising	No sale and no investor round

Current chain was re-mined from the original 2013 'Nintondo' genesis starting 2023-12-06 (block 1 at 21:19 UTC); first 100 blocks paid 2 BELLS, then random 'lucky' rewards for open miners. The 88-BELLS genesis output is negligible and no allocation, instamine or sale is documented; block 1,000 took ~12 h and block 10,000 ~7 days, consistent with open mining.

Community revival of Billy Markus's 2013 Animal Crossing-themed coin; no fundraising found.

No sale, ICO or investor round documented.

GetBlockSubsidy pays the whole subsidy (now a flat 2 BELLS per block after height 518,400) to the miner; no developer or treasury output in consensus code.

The 2013 chain's later blocks were not carried over: the explorer shows block 1 dated 2023-12-06, so the revived chain is effectively a December 2023 launch on the 2013 genesis. Merged mining (AuxPoW) began at height 144,000 (August 2024), followed by 1,000 low-reward (2 BELLS) blocks. No crawler publishes a node count.

Sources: github.com · raw.githubusercontent.com · raw.githubusercontent.com · bells.quark.blue · bellscoin.com. Researched 2026-10-26, medium confidence.

The work behind it

Bellscoin is secured by 1.96 PH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks Bellscoin

Bellscoin is #229 among cryptocurrencies and #1792 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 1563 places between Bellscoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).