A plain meme coin that exists as described; the dev sold nearly all of the 11% it bought at launch.

✕Red flags0

No red flags found.

!Watch out3

• Dev bought 11% at launch, then sold 10%

  The dev's launch-transaction buy came before anyone else could buy and without the buy tax. The dev wallet now holds 0.0%, so most of that stake has been sold.

  devlaunch

• New, small X account

  @gigavladontorch is 2 days old with 19 followers. Three accounts posted the contract address and none has 1K+ followers.

  @gigavladontorch@Xx3snipe@KarolCordeiro_@jen_jackowski

• Site is only the launchpad's trade page

  The listed website is the torch trade page for this coin; it shows the right contract address and links to the coin's X. The agent signed in, but its Buy attempts failed because the page refs were stale, so no trade was tested.

  pagefirst screenwallet request

✓Checks out4

• Token exists as claimed on torch

  GLAD is a Robinhood Chain token launched on the torch launchpad with about $18.7K liquidity, as the page says. The market cap is $19.2K.

  $GLADlaunchclaim source

• Clean launch block

  Apart from the dev buy, no one bought in the block that created the token, so there is no sign of sniper bundles.

  launch

• Spread-out holders

  The top 10 wallets hold 12% (not counting pools, the launchpad and burned tokens), and the largest is 1.7%. There are 44 holders.

  1.7%1.5%1.3%1.2%

• First coin from this dev, with a small burn

  The dev wallet has no earlier launches. It burned 1.5% of supply, and 2.05% of supply sits at the burn address in total.

  devtransferburn