What Is 1689COIN? Understanding the Risk and Vision of a Meme Coin

At 1689 Ventures, we experiment boldly and 1689COIN is one of those bold experiments.

1689COIN is a meme coin, which means it has virtually no utility right now. It's not tied to any product or service (yet). It’s a test, a conversation starter, and a toe dipped into the fast-moving world of crypto.

You’ll hear people like Marcus Pittman, owner of a fantastic cigar lounge in Moscow, Idaho, say things like “You need to be futuristic.” We agree. And this coin is part of our forward thinking approach.

What’s a Meme Coin, Anyway?

A meme coin is a kind of digital currency that gains value purely through community hype and momentum. It’s like a painting. It could be a Da Vinci masterpiece or something your grandma made with finger paint and passion.

The point is the value isn’t in what it does, but in what people think it’s worth. If a meme coin gains traction online or in a niche community, the price can surge. If it falls out of favor, the value can collapse just as quickly.

So Why Did We Make 1689COIN?

The launch of 1689COIN was a market test. A way to gauge interest from the crypto world, especially among Christians. What we discovered was surprising. There’s a real hunger for crypto engagement in our circles.

So now we’re taking the next step.

We’re going to begin marketing 1689COIN, not as a get rich quick scheme, but as the early phase of something more. The future plan is to give this coin utility within the broader 1689 brand family — cigars, coffee, gear, content, and more. When that utility is in place, 1689COIN won’t just be speculative. It’ll be functional currency inside our ecosystem.

But First, a Warning

We’re not here to sugarcoat anything.

Meme coins are extremely volatile. The value of 1689COIN can go to zero overnight. If you invest, you need to understand the risk. You could lose everything.

As of right now, I (Chance Summers) personally hold 282,183,838 of the 1689COIN. I’m not selling. Not because I expect to get rich, but because I see the long play.

If you look at the chart, we had a big pump early on. Then a sharp dip. Some early investors pulled out. Others got scared. That’s crypto. It moves fast. It's not for the faint of heart.

So here’s the honest truth
Do not invest anything into this coin that you’re not willing to lose
Don’t bet your rent. Don’t bet your family’s future. This is a speculative, high risk experiment

What’s the Difference Between Meme Coins and Backed Crypto?

If you're new to crypto, here’s a quick breakdown

Meme Coins

• Value is community driven and hype based

• Often have no real use case

• Think: Dogecoin, PEPE, Shiba Inu

• Price is determined by market buzz — like digital baseball cards or NFTs

Backed or Utility Crypto

These coins have actual use cases or are tied to real world systems

• Bitcoin (BTC)
  Digital gold. It’s not backed by a company, but by scarcity (only 21M will ever exist) and global trust in its network

• Ethereum (ETH)
  Powers smart contracts and decentralized apps

• Chainlink (LINK)
  Enables smart contracts to interact with real world data

• USDC / USDT (Stablecoins)
  Pegged to the US dollar. Used to reduce risk and stabilize trades

1689COIN is not one of these — yet. But that’s the goal. This is phase one.

Where to Buy 1689COIN

We’ve launched on Moonshot, a platform that makes it easy to discover and track early stage crypto projects

👉 Check out 1689COIN on Moonshot
(Use this link to support the project and grab your piece of the experiment)

Final Thoughts

1689COIN is just the beginning. It’s not the crown jewel. It’s the canvas. A placeholder. A test.

But if you’ve followed anything we do at 1689 Ventures, you know this
We don’t throw things at the wall. We build
This coin may one day fuel loyalty rewards, unlock exclusive access, or power the future of Christian owned platforms

For now? It’s a meme coin
A painting. A statement. A seed

And we’ll see what it grows into

Written by your favorite tobacconist
Chance Summers

📜 Crypto Disclaimer

1689COIN is a meme cryptocurrency with no guaranteed utility or value at this time. This content is for informational and entertainment purposes only and does not constitute financial advice. Cryptocurrency is speculative and highly volatile. The value of 1689COIN may increase, decrease, or become worthless at any time.

Do not invest more than you are willing to lose
Consult a licensed financial advisor before making any investment decisions

1689COIN is not registered with any financial authority and should not be treated as a security or investment product