Morfey Value Calculator
Calculate how much your Morfey investment would be worth today after its 99.99998% drop from its April 2024 peak.
Note: Morfey has near-zero liquidity. Selling your tokens may result in massive slippage (over 70%). This calculator shows theoretical value only.
Morfey (MORFEY) isn't a cryptocurrency you buy to hold. It's not a project with a roadmap, team, or real utility. It's a meme coin that exploded briefly in April 2024 and then collapsed into near-total obscurity. If you're wondering what Morfey is, the honest answer is this: it's a digital token built on the TON blockchain that briefly rode the wave of Telegram founders' pet cat hype - and then vanished into the void.
What Morfey actually is (and isn't)
Morfey (MORFEY) is a meme token launched on The Open Network (TON) blockchain in early 2024. Its entire identity is built around a single joke: it's labeled as "the ton founders cat (nikolai and pavel durov)" on CoinMarketCap. That’s it. No whitepaper. No team. No roadmap. No development. Just a cat meme turned into a token with a 100 billion maximum supply. Unlike real cryptocurrencies that solve problems or enable apps, Morfey does nothing. It doesn't power a decentralized app. It doesn't offer staking. It doesn't have governance. Its only function is to be bought and sold - and even that’s becoming harder. The token’s contract address is EQB64Q...QU2-yv, and it uses the standard TON token format. That means you can store it in any TON wallet like Tonkeeper or OpenMask. But beyond that, there’s no substance. No code updates. No website changes since April 2024. No GitHub commits. No community announcements. It’s frozen in time - a digital ghost.The rise and catastrophic fall of Morfey
Morfey hit its all-time high of $0.4664 on April 11, 2024. That was its only moment of real attention. For a few days, traders jumped in, chasing the viral cat narrative tied to Telegram’s founders. The hype was pure emotion - not analysis. By December 5, 2025, Morfey’s price had crashed to around $0.00000008. That’s a 99.99998% drop from its peak. To put that in perspective: if you bought $100 worth of Morfey at its peak, you’d now have less than one cent left. Even the worst-performing crypto projects from the 2017 ICO boom didn’t fall this hard. Its market cap has shrunk to just $15,190. That’s less than the cost of a decent used laptop. For comparison, Dogecoin has a market cap of over $15 billion. Morfey doesn’t even register on the same scale.Where you can trade Morfey - and why you shouldn’t
Morfey trades almost exclusively on STON.fi, a decentralized exchange on the TON blockchain. According to CoinGecko, STON.fi handles 98.7% of all MORFEY trading volume. That’s not because it’s popular - it’s because there’s literally nowhere else to trade it. But here’s the problem: liquidity is dead. The 24-hour trading volume hovers around $0 to $20. On December 5, 2025, Kriptomat reported just 18.520 € in volume. That means if you try to sell even 10 million tokens, you’ll face slippage of 78.3% on average. Your order won’t fill. Or if it does, you’ll lose 80% of your expected value. Coinbase lists the circulating supply as 0. CoinMarketCap says it’s 100 billion. Neither makes sense. The token’s supply is so poorly tracked that even the data providers can’t agree on it. That’s a red flag for any serious investor.
Why no one holds Morfey anymore
There are only about 1,842 unique wallets holding Morfey as of December 2025. Over 97% of those wallets hold less than $1 worth. That’s not investment - that’s accidental ownership. CryptoQuant found that 99.87% of Morfey holders only own this one token and have never traded anything else. They bought it once, got stuck, and never moved again. These aren’t active traders. They’re victims of impulse buys. Reddit threads in r/TonCommunity are full of complaints. One user tried to sell 50 billion MORFEY for $0.50 - and the order sat unfilled for 72 hours. Another said they paid $5 to buy it and lost $4.37 when trying to sell. Trustpilot reviews for STON.fi mention Morfey slippage issues 12 times. The sentiment is overwhelmingly negative. The only positive stories are outliers. One person on CryptoTwitter claimed they turned $5 into $12.50. That’s not a strategy - that’s lottery luck. And it’s not repeatable.Expert opinions: Is Morfey a scam?
Experts don’t call Morfey a scam - they call it irrelevant. Bitget’s technical analysis shows 12 sell signals and only 1 buy signal. They label it "extremely oversold but with no reversal signals." That means even though the price is low, no one wants to buy it back. Dr. Elena Petrova, Chief Analyst at Blockchain Research Institute, called Morfey "an example of the speculative excesses of the TON ecosystem" in her November 2025 newsletter. She noted its decline is worse than any 2017 ICO. Delphi Digital’s "Meme Coin Graveyard" report predicts Morfey will hit zero trading volume within six months. Messari’s December 2025 report says tokens like this face "near-certain obsolescence" without active development. There’s no conspiracy. No rug pull. Just total abandonment. The community moved on. The hype died. And Morfey was left behind.Can you still trade Morfey? Should you?
Technically, yes. You can still buy it on STON.fi for pennies. You need a TON wallet, a little TON coin for gas (about $0.00035 per transaction), and the willingness to accept extreme risk. But should you? Only if you’re treating it like a lottery ticket - not an investment. Experienced traders on Bitcointalk recommend allocating no more than 0.01% of your portfolio to tokens like this. That’s $1 out of $10,000. If you lose it, you won’t feel it. If you somehow win, it’s pure luck. There’s no long-term potential. No future upgrades. No institutional interest. No use case. Morfey is a relic - a digital artifact of a moment when meme culture briefly collided with blockchain hype.
What to do if you own Morfey
If you bought Morfey and still hold it, here’s your reality check:- You’re not investing. You’re holding a digital collectible with no value.
- Selling will be hard. Expect slippage over 70%.
- Don’t add more money. It won’t recover.
- Don’t wait for a "rebrand" or "announcement." None are coming.
- If you can sell even a fraction for a few cents, take it. It’s better than nothing.
How Morfey compares to other TON meme coins
Morfey isn’t alone. There are over 1,200 meme tokens on TON. But it’s among the worst. - TON Diamonds (rank #3200): Still has 0.005% of its peak value. Has minor community activity.Final verdict: Morfey is a cautionary tale
Morfey isn’t a crypto coin you should research to invest in. It’s a case study in how not to approach cryptocurrency. It shows how viral narratives can drive prices - and how quickly they vanish when there’s nothing behind them. It proves that a cute cat meme, even tied to famous founders, isn’t enough to sustain value. And it reminds us that in crypto, liquidity matters more than hype. If you’re looking for meme coins with potential, look at those with active teams, real use cases, or community-driven development. Morfey has none of those. It’s a ghost. And ghosts don’t appreciate.Is Morfey (MORFEY) a good investment?
No, Morfey is not a good investment. It has lost 99.99998% of its value since its peak in April 2024. There is no development, no utility, no team, and almost no trading volume. It’s a dead meme token with no path to recovery. Any money put into it now is highly likely to be lost.
Can I still buy Morfey (MORFEY) today?
Yes, you can still buy Morfey on STON.fi, the only major exchange where it trades. But you need a TON-compatible wallet like Tonkeeper, and you’ll need a small amount of TON coin to pay for gas fees. Be warned: selling is extremely difficult due to near-zero liquidity.
Why is Morfey’s price so low?
Morfey’s price collapsed because it had no real purpose beyond a meme. After its brief hype spike in April 2024, the community lost interest. No updates were made, no developers worked on it, and no one wanted to buy it anymore. With almost no trading volume and no demand, the price dropped to near zero.
Is Morfey listed on Coinbase or Binance?
No, Morfey is not listed on any major centralized exchanges like Coinbase or Binance. It only trades on decentralized platforms, primarily STON.fi on the TON blockchain. This limits access and makes it harder to buy or sell safely.
Does Morfey have a website or official team?
No, Morfey has no official website, team, or social media presence. The project was never developed beyond a token contract. All information comes from blockchain explorers and third-party sites like CoinMarketCap. The last update to any public record was in April 2024.
How many people still hold Morfey?
As of December 2025, only about 1,842 unique wallets hold Morfey. Over 97% of those wallets contain less than $1 worth of the token. Most holders bought it during the initial hype and are now stuck, unable to sell without massive losses.
Is Morfey a scam?
It’s not technically a scam because no one promised returns or built a fake product. But it’s a classic example of a pump-and-dump meme coin that exploited hype. The creators likely cashed out during the April 2024 spike and disappeared. What’s left is a token with no future - and no one to answer for it.
What’s the future of Morfey?
The future of Morfey is zero. Experts predict it will hit zero trading volume within six months. With no development, no community, and no liquidity, there’s no scenario where it recovers. It’s already in the graveyard of failed crypto projects.
I'm a blockchain analyst and crypto educator who builds research-backed content for traders and newcomers. I publish deep dives on emerging coins, dissect exchange mechanics, and curate legitimate airdrop opportunities. Previously I led token economics at a fintech startup and now consult for Web3 projects. I turn complex on-chain data into clear, actionable insights.