OSCAR (OSCAR): What It Is, Uses and Risks

OSCAR is an Ethereum-based meme token built around Oscar, a Shiba Inu pictured on a trampoline. The project’s origin story connects the image to Shiba Inu: it says Oscar appeared in an August 2020 Medium article by Shiba Inu’s pseudonymous founder, Ryoshi. The project describes OSCAR as a community-takeover, or CTO, token embraced by the Shiba community. It also highlights Paradox Designer, whom it credits with creating the Shiba Inu token logo.

That background is the project’s stated identity, not evidence that OSCAR is an official Shiba Inu project or has a formal relationship with Shiba Inu. Public sources identify it as a meme token and does not specify a separate product, service, or technical use. If you are considering OSCAR, treat its internet-meme and community narrative as central to what it is, rather than assuming it provides functionality beyond holding or trading the token.

The publicly described role of OSCAR is tied to its meme and community. The project’s description presents it as a token guided by the Shiba community, but does not set out a defined utility such as governance rights, payments, access to an application, or a share of project revenue. A community identity can be meaningful to holders, but it does not by itself create enforceable rights or guarantee ongoing development.

OSCAR is issued on Ethereum, so transfers and other token interactions use Ethereum’s network and require its native asset, ETH, for transaction fees. Public sources do not establish that OSCAR is native to another blockchain or that it has a documented bridge to other networks. Be cautious of similarly named tokens: public reporting includes unrelated tokens called Oscar on other chains. Before interacting, confirm that the token’s chain and contract address match information from the project’s official communication channels. The contract address is not included publicly summarized here.

As of 2026-11-05, OSCAR had about 889.4 million tokens in circulation and the same amount listed as total supply. Its stated maximum supply is 1 billion, leaving a difference of roughly 110.6 million tokens between the circulating amount and that ceiling. The figures describe supply, not how any remaining tokens are controlled or whether they can be issued; those details should be checked in the token contract and project disclosures.

On that date, the token’s price was about $0.000609 and its market capitalization was about $541,000. These are snapshots, not stable values: price, trading activity, and market capitalization can change quickly, and a quoted market value does not mean holders could sell all tokens at that valuation. The reported all-time high was about $0.02294 on 2024-10-21, while the reported low was about $0.0005505 on 2026-06-04. Past prices do not indicate what OSCAR may be worth in the future.

OSCAR carries the risks common to small, speculative meme tokens. Its value may depend heavily on community attention and trading demand, which can weaken quickly. The reported 24-hour trading volume was about $329 as of 2026-11-05, a relatively small amount that may make it harder to trade larger sums near a displayed price. Token prices can also fall sharply, and there is no assurance that buyers will be available when a holder wants to sell.

OSCAR is listed as issued on Ethereum, so use a wallet that supports Ethereum tokens and protect its recovery phrase offline. Check the exact contract address through official project channels before receiving or trading OSCAR; a matching name or ticker alone does not confirm a token’s identity. Never share your recovery phrase or approve a transaction you do not understand. Review contract permissions and transaction details carefully, and be alert to impersonation, phishing, and fake token listings. Only risk money you can afford to lose.