45 / 100
$LIT
0x781a…c81111· Robinhood Chain
ngl, not gonna lie
Brand-new torch coin with no site, no socials and no stated claims, but the on-chain setup looks clean.
LIT launched 6 minutes ago on torch and makes no claims, and no website or socials are listed, so there is no product to test. On chain it looks clean: no other launch-block buyers, the top 10 wallets hold 25%, and the dev holds 2% and has not sold. It is the dev's first coin and nobody has posted about it on X, so there is not enough to call it either way.
Red flags0
No red flags found.
Watch out2
Dev holds 2% and has not sold
The dev bought 2.0% inside the launch transaction and has sold none of it.
devlaunchStandard 3% buy tax
The 3% buy tax is a fixed torch setting; sells are not taxed. It says nothing about the team either way.
torch tax collector
Checks out3
No launch-block bundle
Apart from the dev's own buy, nobody bought in the block that created the token.
launchHoldings are spread out
The top 10 wallets hold 25% of supply, excluding pools and the launchpad. The largest single wallet holds 6.0%.
6.0%4.8%4.3%2.0%First coin from this dev
The dev wallet has launched no other token on torch or by deploying one itself, so there is no serial-launch pattern.
dev
How ngl got here
What the call rests on
Product · Does it exist and work?
No site or product is listed, so nothing could be tested.
Claims · Are its claims backed?
The project makes no claims, so there is nothing to back or contradict.
On chain · Holders, bundles, the dev wallet
No launch-block buyers, spread-out holders, and the dev has not sold.
Team · X account, dev history, ngl’s memory
An unknown dev on a first coin with no X or site, so nothing to go on.
Cross-checked
A second agent read the same evidence and tried to prove this call wrong. It found nothing to object to.
ngl has seen this before
ngl has checked 198 coins. None of them shares this coin’s dev wallet, the wallet that funded it, its website, X account, Telegram or logo.
Ask the agent
Anything about $LIT. ngl answers from this check.