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MINDFAK (Mindfak by Matt Furie) on Ethereum: Tokenomics, Trading Guide, and Risks

MINDFAK (Mindfak by Matt Furie) on Ethereum: Tokenomics, Trading Guide, and Risks

Editor's Pick: Check MINDFAK's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

What is MINDFAK?

MINDFAK (Mindfak by Matt Furie) is an ERC-20 meme token on the Ethereum blockchain. The project’s stated mission is to champion “community trust and meme glory,” positioning itself as an anti-scam movement in a market often plagued by rug pulls and hype. It leverages the cultural gravity of Matt Furie’s name (creator of Pepe the Frog) for branding, though there’s no verified evidence of his direct involvement.

  • Symbol: MINDFAK
  • Contract: 0x78cbec65c55f143a9178b63243119806a659d2ef
  • Chain: Ethereum
  • Standard: ERC-20
  • Total/Max Supply: 690,000,000 MINDFAK
  • Circulating Supply: Commonly reported as the full 690,000,000
  • Category: Meme, Ethereum ecosystem

Official links:

Note: Some platforms list alternate social links (e.g., twitter.com/mindfak or t.me/mindfak). Always verify through the project’s website or Etherscan profile.

Market Snapshot (context as of August 2025)

  • Price range reported: roughly $0.0074–$0.0088 (varies by data source and time)
  • Market Cap/FDV: about $5.4M–$5.7M (since total equals max supply)
  • 24h Volume: roughly $600k–$1.15M
  • All-Time High: ~$0.01208 (Aug 7, 2025)
  • All-Time Low: ~$0.001763 (Jul 28, 2025)
  • Liquidity (Uniswap V2 MINDFAK/WETH): reported around ~$314k
  • Holder count: ~1,100+ addresses (trend rising)
  • Volatility: High, as typical for meme tokens

These figures swing rapidly. Always double-check live data on trackers like CoinGecko, CoinMarketCap, GeckoTerminal, or Etherscan.

BNB Chain Lookalike: Important Note

There is a separate MINDFAK token on BNB Chain (BSC) with very low liquidity and minimal activity. It does not share the same contract as the Ethereum token above and may be a copycat. If you explore BSC, verify the exact contract on BscScan and be aware of elevated risks from thin liquidity and potential impersonations. The primary and most active MINDFAK project is on Ethereum.

Tokenomics and Design

  • Fixed supply: 690,000,000 MINDFAK
  • No complex emission schedule: supply is already minted
  • Narrative: anti-scam stance, community-first branding, meme culture emphasis
  • Airdrops: The team/community has used airdrop campaigns (e.g., via tools listed on platforms like DappRadar) to reward early supporters and drive awareness

Smart-Contract Notes (Plain English)

The Ethereum contract is a standard ERC-20 with some protective toggles often seen in new meme tokens:

  • Trading enable/disable controls: lets the team open trading once liquidity is set up
  • Transaction limits/cooldown: helps reduce bot activity and large dumps during early trading
  • Burn capability: the contract can support burns (no major burn events reported to date)

You can view the contract and recent transactions on Etherscan.

Where to Trade MINDFAK

Tip: If you’re browsing market structure, GeckoTerminal’s MINDFAK/WETH pool view can help visualize liquidity and recent trades.

How to Buy (Step-by-Step)

  1. Set up a wallet: Install MetaMask and fund it with ETH (for both the swap and gas).
  2. Go to a DEX: Open Uniswap.
  3. Import the token: Paste the contract 0x78cbec65c55f143a9178b63243119806a659d2ef to avoid fakes.
  4. Swap: Trade ETH (or WETH) for MINDFAK. Start with conservative slippage (e.g., 0.5–2%) and adjust only if necessary.
  5. Add token to wallet: In MetaMask, Add Token → Custom Token → paste the same contract. Symbol and 18 decimals should auto-fill.

Security reminders:

  • Always verify the contract address.
  • Beware of phishing links and fake tokens with similar tickers.
  • Test with a small amount before larger swaps.

Community and Resources

Community sentiment has skewed positive on some trackers, but sample sizes can be small—treat such signals cautiously.

Key Risks to Consider

  • Meme-token volatility: Large price swings (both up and down) are common. Tight risk management is essential.
  • Liquidity depth: While liquidity is better on Ethereum than BSC, it’s still modest compared to major tokens, which can amplify slippage.
  • Brand association vs. involvement: The project uses Matt Furie’s name for branding; there’s no confirmed direct involvement.
  • Copycats and impersonations: Especially on other chains (like BSC) with low liquidity. Double-check contracts.
  • Narrative vs. execution: The anti-scam ethos is compelling, but actions and transparency over time matter more than slogans.
  • General crypto risks: Smart-contract bugs, market shocks, and regulatory changes can impact price and access.

For a broader sense of common fraud patterns, review resources like the DFPI Crypto Scam Tracker.

Bottom Line

MINDFAK is an Ethereum-first meme token with a strong narrative and growing community visibility. Liquidity and volume have improved, but volatility remains high and the project is still early in its lifecycle. If you choose to engage, use reputable venues (e.g., Uniswap and analytics/trading tools like the MINDFAK page on GMGN.AI linked above), verify the contract, size positions conservatively, and stay plugged into official channels for updates.

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