Fofar0x71Price

(FOFAR)

Fofar0x71, often referred to simply as FOFAR, is a digital token that positions itself as "the last character from The Boys Club." It identifies as "the pig so grand" and is recognized as an integral part of the broader Pepe 0x69 and Frens ecosystem. This identity helps define its context and association within a specific niche of the Web3 landscape.

The tokenomics of Fofar0x71 specify its total and circulating supply. The total supply of FOFAR tokens is 420,690,000,000 FOFAR. This figure also represents the self-reported circulating supply. This fixed and fully circulating supply indicates a straightforward distribution model, ensuring transparency regarding the number of tokens available in the ecosystem from its inception.

Fofar0x71 (FOFAR) tokens can be acquired primarily on decentralized exchanges (DEXs). Uniswap V2, operating on the Ethereum network, is noted as a popular platform for trading these tokens. Users can also purchase FOFAR through Web3 Wallets that integrate with decentralized exchanges, allowing for direct swaps. However, it is important to note that direct trading on centralized exchange platforms might not be available.

Users should be aware of specific characteristics identified in the Fofar0x71 token contract. According to analyses, the contract creator retains certain capabilities. These include the ability to potentially modify aspects of the token's functionality, such as disabling selling mechanisms, altering transaction fees, minting additional tokens, or transferring existing tokens. Such features advise caution, as they imply a degree of centralized control over the token's operational parameters by the creator.

Fofar0x71 (FOFAR) tokens can be securely stored using compatible Web3 Wallets. These wallets provide a secure environment for managing digital assets by giving users control over their private keys. Choosing a reputable Web3 Wallet that supports Ethereum-based tokens (given FOFAR's presence on Uniswap V2 on Ethereum) is crucial for safeguarding holdings. It is always recommended to follow best practices for digital asset security, including backing up recovery phrases and enabling two-factor authentication where available.

Based on recent community discussions, specifically a Reddit post from June 2024, the Fofar0x71 contract has been renounced. This action typically means that the contract creator has relinquished ownership and control, preventing future modifications to the contract code. Furthermore, the liquidity for the token is stated to be burnt. Burning liquidity generally locks it permanently, which is often seen as a measure to ensure the long-term stability and security of a token's trading pair, signaling a full community takeover.