ngl
IFFY

56 / 100

↑ 1 since last

$TORCHY

0x701d…2d1111· Robinhood ChainAll 2 checks

ngl, not gonna lie

A clean, organically traded meme coin, but the 'official Torch mascot' claim isn't confirmed.

TORCHY launched cleanly on the torch launchpad with no bundlers, and the dev has not sold. Holders are spread out and the X following looks real. The headline claim of being Torch's official mascot is not backed by anything, and the market cap and ranking claims can't be checked. It is a meme coin with no product, so it can only be judged on its trading and team behaviour.

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Checked 1 h ago

Since the last check

The last check, 14 h ago: IFFY 55. This one: IFFY 56. See that check

  • ↓

    Market cap fell by more than half

    Market cap was about $440K then and is about $183K now, a drop of roughly 58%.

  • ↓

    Liquidity dropped sharply

    Liquidity was about $178K then and is about $98K now, a drop of roughly 45%.

MeasuredThenNow
Market cap$440.0k$183.4k
Liquidity$177.9k$97.7k
Holders461437
Top 10 holders25.9 %23.0 %

Red flags0

No red flags found.

Watch out3

  • 'Official mascot' claim is not confirmed

    The token is on the torch launchpad, but nothing shows Torch itself recognises this account or coin as its mascot.

    $TORCHYlaunch@torchylabs
  • Market cap and ranking claims can't be checked

    Current market cap is $183.4K. Nothing shows whether it hit 280K or 500K, or ranked #1 or #2 on Torchpad.

    $TORCHYlaunch
  • 1.5% buy tax, no sell tax

    The tax was fixed at launch and measured on recent buys. Sells are not taxed, so holders can exit.

    torch tax collector

Checks out4

  • Clean launch, no other buyers in launch block

    Apart from the dev buy, nobody bought in the block that created the token, so there is no sign of bundling.

    launch
  • Dev has not sold

    The dev wallet bought 3.2% in the launch transaction, still holds 3.1%, and has sold none of the supply.

    devlaunch
  • Supply is spread out

    The top 10 wallets hold 23% and the largest single wallet holds 3.6%, with 437 holders in total.

    3.6%3.1%3.1%2.7%
  • Following looks organic

    None of the 200 newest followers are empty accounts, and 18 accounts post the contract address, 6 of them with 1K+ followers.

    @torchylabs@umarasamaoffic1@cemolokk@RonnieIndicator

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