What is FISH2 (FISH2) crypto coin? The SpaceX meme scam explained

FISH2 isn't a cryptocurrency you invest in-it's a warning sign wrapped in a SpaceX fantasy. Launched in early 2025, this meme coin claims to be tied to a fictional SpaceX mission called "Fram2," supposedly piloted by Wang Chun, a real person who co-founded F2Pool, one of the largest Bitcoin mining operations. But here’s the truth: SpaceX has never announced a mission named Fram2. Wang Chun has never worked with SpaceX. And the entire story? Made up. Completely fabricated. The only thing launching here is a scam.

How FISH2 Was Built on a Lie

The FISH2 token doesn’t have a team, a product, or a roadmap. It has a story. And that story is pure fiction. Promoters on Twitter and Telegram started posting images of astronauts in space suits with the word "FISH2" on their helmets. They claimed Wang Chun was about to take his "1000th flight"-a nod to his mining background-with SpaceX, and FISH2 would be the official coin of the mission. They even posted fake mission patches and countdown timers.

None of it’s real. SpaceX’s official mission log, updated as recently as September 2025, lists no Fram2 mission. Wang Chun has never been linked to any spaceflight. CoinDesk’s investigation in September 2025 called it a "textbook case of narrative pumping." That’s industry jargon for creating a fake backstory to trick people into buying a worthless token.

The Numbers Don’t Lie-FISH2 Has No Value

Let’s look at the data. As of September 22, 2025, Binance reported FISH2’s market cap at $0 and its circulating supply at zero. That means, technically, there are no coins in circulation. Yet, some exchanges like Bitget and CoinMarketCap list a price around $0.0019 to $0.0078. How? Because a handful of people are trading it among themselves on decentralized exchanges like Uniswap. The 24-hour trading volume hovers around $300,000-tiny compared to Dogecoin’s $3.2 billion or Shiba Inu’s $12.7 billion.

The price swings are insane. One day it jumps 326%. The next, it crashes 92%. That’s not volatility-it’s manipulation. These kinds of spikes happen when a small group of people buy in, hype it up on social media, then sell everything at once. Early buyers who cashed out within hours made money. Everyone else? They got stuck with a token that has nowhere to go.

No Audits, No Security, No Safety Net

FISH2 runs on Ethereum as an ERC-20 token. That’s not a bad thing on its own. But unlike legitimate tokens, FISH2 has never been audited. No CertiK. No OpenZeppelin. No third-party review. That’s a red flag. Without an audit, the people behind the token could change the rules at any moment. They could freeze your wallet. They could drain the liquidity pool. They could just disappear.

Etherscan’s contract analysis from August 2025 confirmed it’s a basic token with no special features. It doesn’t reward holders. It doesn’t burn tokens. It doesn’t have a staking system. It does one thing: transfers. That’s it. No utility. No purpose. Just a digital IOU with no backing.

Who’s Buying This Stuff?

People who don’t know any better. Reddit threads like r/CryptoCurrency are full of posts from users who lost hundreds of dollars chasing the "SpaceX connection." One user, u/CryptoNewbie2025, wrote: "Lost $350 trying to catch the SpaceX narrative pump-price dropped 80% in 15 minutes when volume disappeared."

Twitter sentiment analysis from LunarCrush shows 78% of mentions about FISH2 include the word "scam." There are more posts in the "FISH2 Victims" Telegram group (1,284 members) than in the "Spacefish Army" group (2,347 members). And guess what? The "positive" reviews on Coincarp? All from accounts with fewer than five posts. That’s not community support. That’s bot activity.

Why This Keeps Happening

Meme coins thrive on emotion, not logic. Dogecoin worked because it was funny and had a real community. Shiba Inu grew because it built a whole ecosystem around it. FISH2? It has nothing but a fake story and a few influencers pushing it. The crypto market is full of these low-cap tokens that use celebrity names, space missions, or sports teams to trick people into thinking there’s legitimacy.

The SEC even issued a warning in September 2025 about "space-themed tokens with false institutional affiliations"-and FISH2 was the perfect example. They’re not going to stop. There’s too much money to be made by the people who create them. But there’s no money to be made by the people who buy them after the hype dies.

How to Avoid FISH2 and Similar Scams

If you’re thinking about buying any new crypto, ask yourself these questions:

• Is there a real team with verified identities?
• Has the code been audited by a trusted firm?
• Is there actual utility, or just a story?
• What’s the trading volume? Is it over $10 million, or under $500,000?
• Are people talking about it on Reddit, or just on Telegram groups with 2,000 fake followers?

If the answer to any of these is "no," walk away. FISH2 fails every single one.

What Happens Next?

Experts at Delphi Digital and Messari Research predict a 90% chance FISH2 collapses within 30 days. Chainalysis gives it a 72% chance of a rug pull-where the creators drain all the money from the liquidity pool and vanish. The token’s Twitter account, @spacefish2025, has 12,450 followers-but 68% of them are fake. The "Moon Launch Celebration" scheduled for October 15, 2025? No technical details. No partners. Just another empty promise.

The only thing that’s guaranteed? If you buy FISH2 now, you’re not investing. You’re gambling. And the house always wins.