What is Fofar (FOFAR) Crypto Coin? The Truth Behind the Meme Token

Meme Coin Risk Calculator

WARNING: Low-Liquidity Coin Risk

This tool simulates potential losses for coins like FOFAR (FOFAR) with extremely low trading volume. Based on real reports from the article:

Slippage up to 80% reported when selling on low-volume exchanges
Price can drop 50% from a single large buy order
No major exchange support for USD pairs

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Based on real FOFAR examples from article:

50% Price Drop -50%

70% Slippage Loss -70%

80% Slippage Loss -80%

Important: Real-world data shows FOFAR users have reported 70-80% losses when trying to sell due to extremely low liquidity. This tool simulates the risk you might face.

If you’ve seen Fofar (FOFAR) pop up on your crypto tracker and wondered if it’s the next big thing, you’re not alone. But here’s the raw truth: Fofar isn’t a project with a roadmap, a team you can verify, or real utility. It’s a meme coin wrapped in confusion, conflicting data, and a story that doesn’t quite add up.

What Exactly Is Fofar (FOFAR)?

Fofar (FOFAR) is a cryptocurrency that claims to be part of the Boys Club universe - the same art collective behind Pepe the Frog, created by artist Matt Furie. According to its website, fofar.com, it’s marketed as "the last official Boys Club member memecoin," with a rebel pig as its mascot. Sounds fun, right? But there’s no public confirmation from Matt Furie or his team that they’re involved. That’s a red flag. Meme coins often borrow pop culture imagery to attract attention, but legitimacy matters.

Technically, FOFAR is supposed to be an ERC-20 token on the Ethereum blockchain. But here’s the first twist: some sites say it’s on Tron. CoinGecko, CoinMarketCap, and CoinCodex all list conflicting information. One says Ethereum. Another says Tron. Both give you the same total supply: 420.69 billion tokens. That’s not a typo - it’s a meme number, chosen to match the infamous 420 culture. But if the blockchain is unclear, how can you trust anything else?

Price Chaos: Why No One Agrees on FOFAR’s Value

FOFAR’s price is a mess. On CoinMarketCap (as of mid-2024), it was trading at $0.0000006748. On CoinCarp, it was $0.000158 - over 200 times higher. CoinCodex had it at $0.000001451. These aren’t minor differences. They’re impossible to reconcile.

Why? Because FOFAR is listed on tiny, unregulated exchanges like Dex-Trade, CoinW, and Hotcoin Global. None of them are major platforms like Binance or Coinbase. That means there’s almost no real trading volume. CoinMarketCap reported $0 in 24-hour volume. CoinCarp claimed $202.41. That’s not liquidity - that’s a handful of people moving tokens around in circles.

And here’s the scary part: with such low volume, one person buying 10 million FOFAR can spike the price by 50%. Then they sell. That’s called a pump-and-dump. And there are dozens of Reddit and Twitter posts from people who tried to sell and lost 80% of their value to slippage.

The Meme Arcade Promise - And Why It Doesn’t Exist

FOFAR’s website talks about a "Meme Arcade" - a decentralized gaming platform where you can play games and earn tokens. Sounds cool? It’s fiction. No one has seen it. No developers have built it. No GitHub repo. No beta test. No screenshots. Just a line on the homepage.

Other meme coins like Dogecoin or Shiba Inu have real communities, real use cases, and even real partnerships. FOFAR? Its entire "utility" is based on a fantasy. The same goes for its "Meme Super Community" - a term thrown around by some review sites. But if you join its Telegram group (2,831 members as of mid-2024), you’ll find mostly hype posts, memes, and zero updates on any platform development.

Faceless figure holding a fading contract as a ghostly Meme Arcade sign glows dimly in the background.

Who’s Behind Fofar? No One Knows

There’s no whitepaper. No team page. No LinkedIn profiles. No Twitter account linked to verified founders. MEXC’s analysis says there’s "an active team," but doesn’t name them. That’s not normal. Even the most chaotic meme coins like Pepe have known developers or at least pseudonymous leads.

And the contract? FOFAR claims to have "burned liquidity and renounced ownership." That means the creators can’t just drain the wallet and run. But Etherscan - Ethereum’s public blockchain explorer - shows no clear evidence of this. The contract address is live, but no one has verified the renouncement. That’s like buying a car with no title. You think it’s yours, but the real owner could show up at any time.

Market Reality: FOFAR Is a Tiny Fish in a Big Ocean

As of mid-2024, FOFAR ranked #7,915 by market cap on CoinMarketCap. Its market cap hovered around $720,000. Compare that to Dogecoin at $24 billion or Shiba Inu at $9.8 billion. FOFAR is 33,000 times smaller. It has only 2,810 token holders. Shiba Inu has over 1.2 million.

It’s not just small - it’s irrelevant in the broader crypto market. It doesn’t appear in any major wallet apps. It’s not supported by any payment processors. No one uses it to buy coffee, games, or NFTs. It exists only as a speculative bet on a future that may never come.

What Do Experts Say?

Technical analysts are bearish. CoinCodex’s June 2024 report predicted a 25% price drop in the next 75 days. CryptoQuant’s survival model gave FOFAR just a 38.7% chance of still being tradable by early 2025. That’s not a prediction - it’s a warning.

Independent crypto analysts on Twitter and Reddit have called it a "wash trading experiment" and a "multi-contract scam." One user on r/CryptoCurrency shared: "I bought FOFAR because it looked cheap. Sold 10 minutes later at 70% loss. Slippage ate my profits before I even clicked confirm."

And here’s the kicker: the website fofar.com was last updated in March 2024. The Telegram channel hasn’t posted anything meaningful since June 2024. The Twitter account has been quiet for weeks. That’s not a project in development. That’s a project in hibernation - or worse, abandoned.

Investor sees their reflection as a laughing pig holding a 'Pump & Dump' bag while prices crash into a void.

Should You Buy FOFAR?

If you’re looking for a long-term investment? No. FOFAR has no fundamentals, no team, no utility, and no real liquidity.

If you’re looking for a high-risk gamble? Maybe - but only if you treat it like buying a lottery ticket. Put in $5. Not $500. Not $5,000. And know this: if the price goes up, it’s because someone else is buying, not because the coin has value. When the hype dies - and it will - you’ll be stuck with tokens no one wants.

There’s no way to cash out without massive losses. Exchanges don’t support USD pairs. You can’t trade it for Bitcoin or Ethereum without paying huge fees and slippage. Even MetaMask can’t help you if the market doesn’t exist.

Final Verdict

FOFAR isn’t a crypto coin. It’s a meme wrapped in technical noise and marketing fluff. It uses Pepe the Frog’s image to look legit. It uses blockchain jargon to sound smart. But behind it? Nothing.

There’s no innovation. No community. No future. Just a bunch of numbers on a screen, hoping someone will pay more for them tomorrow.

If you’re curious, go ahead and check fofar.com. But don’t invest anything you can’t afford to lose. And if you already own it? Don’t wait for the moon. Sell small, if you can. The longer you hold, the harder it gets to get out.

What to Do Instead

If you like meme coins, stick to ones with real volume, real listings, and real communities: Dogecoin, Shiba Inu, or even newer ones like Bonk or PEPE - all of which are on Binance, Coinbase, and Kraken. They’re still risky, but at least you know where you stand.

Don’t chase hype. Don’t follow Telegram influencers. Don’t buy a coin because it "feels right." Crypto isn’t luck. It’s research. And FOFAR? It doesn’t pass even the most basic test.

16 Comments

Jennifer MacLeod
November 24, 2025 AT 03:50

I saw this coin pop up on my tracker and thought it was some new Pepe spinoff. Turned out it's just a ghost town with a fancy website. Bought 5 bucks worth out of curiosity and sold it 2 hours later. Zero liquidity. Slippage ate my whole investment before I even saw the price move.

Don't chase memes that don't even have a Discord server with more than 3 active users.
Julissa Patino
November 24, 2025 AT 06:21

FOFAR is just another crypto scam trying to ride the pepe wave. They use the same 420.69b supply as every other joke coin. No team no whitepaper no roadmap. Just a pig with a hoodie. If you think this is legit you’re gonna lose everything. I’ve seen this movie before and the ending is always the same - rug pull and silence.
Omkar Rane
November 24, 2025 AT 15:21

I live in India and I’ve seen so many of these meme coins come and go. FOFAR is just another one of those projects that looks cool on paper but has zero substance. The website is barely updated. The Telegram group is full of bots and people posting memes. No real devs. No code commits. Just hype. I used to trade these back in 2021 and learned the hard way - if you can’t find the team on LinkedIn, don’t touch it.

Stick to DOGE or SHIB. At least they have communities that actually talk about something besides price charts.
Daryl Chew
November 25, 2025 AT 03:26

This isn’t even a coin. It’s a surveillance experiment. The FOFAR contract is controlled by a shell company registered in the Caymans that’s linked to a dark web marketplace. They’re using it to launder crypto from ransomware attacks. The ‘Meme Arcade’? That’s a front for a phishing botnet. I’ve tracked the wallet addresses. They’re all tied to the same 3 wallets that move funds every 47 minutes. This isn’t a scam - it’s a cyberwarfare operation disguised as a meme.
Kathy Alexander
November 26, 2025 AT 08:24

I love how people still fall for this. You think you’re getting in early? Nah. You’re the last sucker. The top 10 wallets hold 89% of the supply. The ‘liquidity burn’? It’s fake. The contract isn’t renounced - Etherscan shows the owner key is still active. And the price discrepancies? That’s because the same addresses are buying and selling on 5 different exchanges to inflate volume. Classic wash trading. You’re not investing. You’re funding a casino run by bots.
Soham Kulkarni
November 27, 2025 AT 23:46

Hey everyone, just wanted to say if you're new to crypto, please don't get discouraged by stuff like FOFAR. It's easy to get fooled when you see a cool logo and a flashy site. But remember - real projects have GitHub, real teams, and real updates. FOFAR has none of that. If you want to try meme coins, start with ones that have been around for years. Learn how to read a blockchain explorer. Check the contract. Look at the holders. It’s not hard. You just gotta take your time.

And if you lost money on this? It’s okay. We all did. Just don’t do it again.
Matthew Prickett
November 29, 2025 AT 13:42

The real story here is that FOFAR is being used as a honeypot. Every single person who buys it gets their wallet flagged. Then their MetaMask gets targeted with phishing links disguised as ‘FOFAR airdrops’. I know because my cousin got scammed. He thought he was getting free tokens. Instead, he lost $12k in ETH and SOL. The whole thing is designed to harvest private keys. The website? It’s just bait. The ‘meme arcade’? A fake UI to trick you into connecting your wallet. This isn’t crypto. It’s digital identity theft with a pig mascot.
Sky Sky Report blog
December 1, 2025 AT 03:52

While the concerns raised in this post are valid and well-documented, it's important to acknowledge that some early-stage projects do appear chaotic before gaining traction. That said, FOFAR exhibits none of the hallmarks of even a nascent initiative - no team, no code, no roadmap. The absence of transparency is not merely a red flag - it is a full stop. Investors should treat such assets not as speculative instruments, but as cautionary tales. The emotional appeal of memes should never override basic due diligence.
stuart white
December 2, 2025 AT 13:23

Let’s be real - FOFAR isn’t a coin. It’s a performance art piece by a group of bored devs who figured out how to exploit crypto’s collective delusion. They didn’t build a product. They built a psychological trap. The 420.69 billion supply? A joke. The ‘Boys Club’ connection? A copyright violation waiting to happen. The price chaos? Designed to make retail traders feel like they’re winning until they’re not. This isn’t finance. It’s a satire of capitalism with a side of crypto bros screaming into the void.
Jenny Charland
December 2, 2025 AT 21:06

I bought FOFAR because it was $0.0000001 and I thought I could flip it. Lost everything. Slippage was insane. Even my $10 trade cost me $3 in fees. Now I just laugh when I see people posting ‘100x soon!’ on Twitter. Bro, the coin doesn’t even have a trading pair on Binance. You’re not investing. You’re donating to a ghost.
preet kaur
December 4, 2025 AT 13:18

I’ve been in crypto since 2017 and seen hundreds of these. FOFAR is just another version of the same story. No team. No utility. Just a pig and a promise. But you know what? I still check it once a week. Not because I think it’ll moon, but because I want to see if anyone’s actually building something. So far? Nothing. Just silence. If you’re holding this, you’re not an investor. You’re a historian watching a dead project rot.
Emily Michaelson
December 5, 2025 AT 08:36

For anyone considering FOFAR, here’s a quick checklist: 1) Is there a verified team? No. 2) Is there a GitHub? No. 3) Is there real trading volume? No. 4) Is the contract renounced? Unclear. 5) Is the website updated? Not since March. If you answered no to more than two, walk away. This isn’t gambling - it’s a waste of time. Even if you win, you’ve lost hours of your life chasing something that doesn’t exist.
Amanda Cheyne
December 7, 2025 AT 02:48

I did deep research on this. The domain fofar.com was bought by a shell company registered under a fake name in Delaware. The same entity owns 3 other ‘meme coins’ that all vanished in 2023. The Ethereum contract address was created by a wallet that’s only ever interacted with 7 other addresses - all of which were created the same day. This isn’t a coin. It’s a multi-project exit scam. They’re recycling the same playbook. And yes, I’ve reported it to the FTC. They don’t care. But now you know.
Anne Jackson
December 7, 2025 AT 06:29

I can’t believe people still fall for this. It’s 2025 and we’re still letting random internet pigs with no team dictate our finances? This is why crypto gets a bad name. If you’re dumb enough to buy FOFAR, you deserve to lose it. And if you think the ‘Meme Arcade’ is real, you’re not just broke - you’re delusional. This isn’t innovation. It’s fraud. And the people promoting it? They’re not influencers. They’re con artists with Discord roles.
David Hardy
December 8, 2025 AT 19:11

I know it’s tempting to jump on anything that looks like it might explode. But FOFAR? Nah. I’ve got a buddy who dumped $5k into this last month. Said he was ‘riding the meme wave’. Two weeks later, he had $12 left. Slippage killed him. No one’s buying. No one’s selling. Just a bunch of bots spinning wheels. If you want meme coins, go for PEPE or DOGE. At least they’ve got actual people talking about them. FOFAR? It’s a graveyard with a website.
Caren Potgieter
December 10, 2025 AT 05:17

I’m from South Africa and I’ve seen so many of these projects come here because they think we’re easy targets. FOFAR? It’s the same story everywhere. No team. No updates. Just hype. I told my cousin not to touch it. He did anyway. Lost his rent money. Now he’s working double shifts to make it back. Don’t be him. If it doesn’t have a real team and real progress, it’s not worth your peace of mind.