Forest Protocol FOREST

What FOREST actually is on-chain

Forest Protocol is an ERC-20 deployed on Ethereum, at contract address 0x8D33F0Ae6d111212D9d64B0821c7Cf09E6270C27. That address, not the ticker FOREST, is what uniquely identifies this asset: anyone can deploy a second token calling itself FOREST, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, FOREST is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in FOREST itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

Another asset tracked on this site also uses the ticker FOREST: FOREST (Solana, BoAQay…pump). The asset on this page is specifically the Ethereum deployment at 0x8D33…0C27. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For FOREST the project publishes a whitepaper and an active account as @ProtocolForest. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where FOREST sits in the market

Ranked #1156, Forest Protocol falls in the upper small-cap band. The order book absorbs size poorly at this depth: one meaningful market order can reprice the tape by several percent before it retraces minutes later. A lone static price target therefore fires on noise, and what you want is a condition built to survive that wick. Venue coverage is narrow, which makes volume-based delisting a concrete risk rather than a theoretical one.

CryptoPingAi is currently streaming 1 live FOREST order book (Gate.io). That is thinner coverage than a #1156 ranking would normally imply — a move on one of these books is close to the whole market for FOREST, with no deep second venue to arbitrage it back. None of the books we see for FOREST are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

FOREST against its all-time high

FOREST is 84.5% off its $0.2288 high (on 2026-05-08). At this depth the arithmetic turns against a recovery narrative: getting back to the record takes 6.45x, not a rebound. The high is better read as the marker of a completed cycle than as a target — most of the holders above spot are underwater by enough that their behaviour on the way up is supply, not demand. The high is recent — within the last six months — so the price action around it is still live market memory and the levels are being actively traded.

FOREST across its historical range

The recorded range runs 13.8x, from $0.0166 to $0.2288 — wide by the standards of traditional assets, moderate for this one's class.

FOREST trades roughly 2.13x above its record low of $0.0166 (on 2026-04-22). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

FOREST supply and valuation data

Forest Protocol sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for FOREST but not an audited token count. What we do have is a fully diluted valuation of $165.4 million as of 2026-05-12. That is in the top 5% of the assets tracked on this site by fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset FOREST is

Forest Protocol is a decentralised exchange token. The economics are unusually legible for crypto: the protocol generates fees from trading volume, and the token's value proposition rests on whether it captures any of them. Volume on the underlying venue, the fee switch status and competitive pressure from other venues are the variables that actually matter — and DEX volume is itself highly cyclical, so revenue is not a stable base.

CoinGecko files FOREST under 6 categories, including Automated Market Maker (AMM), BNB Chain Ecosystem, Launchpad, Ethereum Ecosystem, Binance Alpha Spotlight. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading. Worth flagging from the metadata: FOREST has been featured in Binance Alpha Spotlight.

How to set a Forest Protocol alert that is worth receiving

Forest Protocol is the ERC-20 at 0x8D33…0C27 on Ethereum — quoted on 1 venue we stream — high dated 2026-05-08 — rank #1156. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →