ScamFari token (SCM) isn't just another cryptocurrency. It's a token with almost no trading activity, unclear ownership, and data so inconsistent that even price trackers can't agree on whether it's going up or down. If you're wondering if SCM is worth your time, the short answer is: proceed with extreme caution. This isn't a project with a roadmap, a team, or community trust - it's a digital asset floating in the dark with very little to back it up.
What Exactly Is ScamFari Token (SCM)?
ScamFari (SCM) is an Ethereum-based token built on the ERC-20 standard. That means it runs on the same blockchain as Ethereum, using the same infrastructure as thousands of other tokens. Its contract address is 0x8353b92201f19b4812eee32efd325f7ede123718 the official Ethereum contract address for ScamFari token. You can add it to your MetaMask wallet using that address, but that doesn’t mean it’s safe or legitimate. Many scams use valid Ethereum contracts to look real - they just lack any real purpose or backing.
SCM’s total supply is capped at 100 billion tokens. But here’s the catch: the maximum supply is listed as 99,999,999,998. That’s not a typo - it’s a weird detail that suggests the creators didn’t even bother to make the math clean. Why does that matter? Because when a project’s numbers are sloppy, it often means the team didn’t care enough to get the basics right.
Price and Market Data: A Mess of Contradictions
As of February 25, 2026, ScamFari’s price is hovering around $0.00 USD on some platforms and $0.00000048 on others. CoinGecko reports a 24-hour drop of -2.80%, while Symlix claims it’s up +1.24%. Why the difference? Because SCM trades on only one exchange. That’s not enough to generate reliable pricing. When a token has such low liquidity, even a single trade can swing the price wildly.
The 24-hour trading volume is just $23,259.31. Compare that to Bitcoin, which trades over $10 billion daily. SCM’s volume is so low that it’s easy for someone to buy up a large chunk of tokens and then dump them, crashing the price. That’s exactly what happens with tokens like this - they’re not markets, they’re traps.
SCM’s all-time high was BTC 0.072664. Today, it’s trading about -99.50% below that peak. That’s not a correction - that’s a collapse. The token’s value has evaporated. Even its all-time low is now 100.60% above the current price, which means it’s still falling. There’s no sign of recovery.
Why There’s No Market Cap
CoinGecko doesn’t show a market cap for ScamFari. Why? Because the circulating supply is unknown. Market cap = price × circulating supply. If you don’t know how many tokens are actually being traded, you can’t calculate its value. That’s a red flag. Legitimate projects publish their circulating supply clearly - often with blockchain explorers showing exactly how many tokens are in wallets, not locked or held by a single entity.
Without knowing the circulating supply, you can’t tell if 99% of SCM tokens are sitting in one wallet. That’s common with scams. One person holds all the tokens, dumps a little at a time to create fake demand, then disappears. That’s likely what’s happening here.
Claimed Utility: Too Vague to Be Real
According to Coinbase’s database, SCM is supposed to be used for “rank payments,” “task assignments,” and “commission rewards.” Sounds like a rewards app, right? But there’s no app. No website. No login page. No user interface. No documentation. Just a token address and a vague description.
If ScamFari had a real ecosystem, you’d see:
- A website with a whitepaper
- A team with LinkedIn profiles
- A Discord or Telegram community with active users
- Regular updates on development progress
None of that exists. The “utility” is written like a marketing line, not a functional design. That’s another sign this isn’t a real project - it’s a placeholder for a scam that never got built.
Why This Token Is a Red Flag
Here’s what’s missing from every public source about ScamFari:
- No official team members or founders
- No development roadmap
- No audit reports from security firms
- No community discussions on Reddit, Twitter, or forums
- No press coverage or analyst reviews
- No partnerships with other projects
That’s not an oversight. That’s a pattern. Legitimate crypto projects are loud. They post updates. They answer questions. They engage with users. ScamFari is silent. And silence in crypto usually means one thing: the people behind it are gone.
What Happens If You Buy SCM?
If you buy ScamFari token, you’re not investing. You’re gambling on a ghost. Here’s what you’re likely to face:
- Slippage: With such low volume, your buy order might execute at 10x the price you expected.
- Illiquidity: You won’t be able to sell when you want to. No one’s buying.
- Price manipulation: A single wallet could dump 10 billion tokens overnight and crash the price to zero.
- Scam risk: The contract could be updated to freeze your tokens, or the team could rug pull and vanish.
There’s no upside here. Even if the price went up 10x tomorrow, you’d still be holding a token with no real use, no community, and no future.
Bottom Line: Avoid ScamFari (SCM) Completely
ScamFari token (SCM) is not a cryptocurrency you should consider. It has no team, no transparency, no utility, and no future. The data is inconsistent, the trading volume is microscopic, and the price is falling. There’s zero evidence this is anything other than a speculative shell with no real purpose.
If you see someone promoting SCM as a "hidden gem," they’re either misinformed or trying to dump their own holdings on you. Don’t fall for it. Walk away. The best thing you can do with SCM is ignore it entirely.
Is ScamFari token (SCM) a scam?
Based on available data, yes. ScamFari lacks a team, official website, community, audit, or development activity. Its price is unstable, trading volume is extremely low, and key data like circulating supply is missing - all classic signs of a rug pull or abandoned project. The name itself - "ScamFari" - is also a strong indicator.
Can I buy ScamFari token on major exchanges like Binance or Coinbase?
No. ScamFari is not listed on any major exchange. It only trades on one small decentralized exchange, which means liquidity is dangerously low. If you see it on Binance, Coinbase, or Kraken, that’s fake. Always check official exchange listings before buying any token.
Why does CoinGecko show no market cap for SCM?
CoinGecko doesn’t calculate market cap when the circulating supply is unknown. For ScamFari, no one knows how many tokens are actually in public hands. That means the entire valuation is guesswork. A legitimate project always publishes this data. The absence of it is a major warning sign.
Is ScamFari built on Ethereum? Is that safe?
Yes, it’s built on Ethereum using an ERC-20 contract. But being on Ethereum doesn’t make it safe. Thousands of scams use Ethereum because it’s easy to deploy tokens there. The blockchain itself is secure - the problem is the project behind the token. Always research the team and purpose, not just the blockchain.
Can I use ScamFari token in wallets like MetaMask?
Yes, you can add the contract address (0x8353b922...) to MetaMask to view your holdings. But that doesn’t mean it’s usable. You can’t spend it anywhere. You can’t trade it easily. It’s just a number in your wallet with no real function. Adding it to your wallet doesn’t make it valuable.
What should I do if I already own ScamFari tokens?
If you own SCM, assume you’ve lost your money. The chances of it recovering are near zero. Don’t try to sell it hoping for a rebound - there’s no buyer. The best move is to stop tracking it, ignore any promotions, and move on. Focus your attention on projects with real teams, transparency, and active communities.
Are there any legitimate uses for ScamFari token?
No. The claimed utility - like "rank payments" and "task rewards" - is not backed by any platform, app, or service. There’s no website, no login, no user interface. These claims appear to be copied from template descriptions used by scam projects. Without proof of implementation, they’re meaningless.
How can I avoid tokens like ScamFari in the future?
Always check: 1) Is there a real team with verified profiles? 2) Is there a live website and whitepaper? 3) Is there active community engagement? 4) Is the token listed on at least 3 major exchanges? 5) Is the circulating supply public? If any of these are missing, walk away. Most crypto scams look like this - promising big returns with zero substance.