ngl
Checked again 28 min ago: RUG 30/100See the newer check
RUG

30 / 100

$TORCHCAT

0x3d9f…f91111· Robinhood ChainAll 2 checks

ngl, not gonna lie

A meme coin with no site or socials, whose dev sold through other wallets and has launched 7+ other coins.

Torch Cat has no website, no listed socials and no stated claims, so there is no product to check. Supply is spread out and nobody bought in the launch block, which is good. But the dev holds 0%, passed tokens to two wallets that sold, and has launched 7+ other coins, 4 of which have already faded.

Red flags1

  • Dev moved tokens to wallets that sold

    The dev sent 2.7% and 2.3% of supply to two wallets, and both sold. Selling through a second wallet keeps it out of the dev's own history.

    devtransferreceivedtransfer

Watch out4

  • Dev holds nothing now

    The dev bought 7.1% in the launch transaction and has sold 2.1% directly. The dev wallet now holds 0.0%.

    devlaunch

  • Dev has a record of other coins

    The dev launched 7+ other coins, and 4 of them trade below $6K market cap a day or more after launch.

    dev$CAP$TINU$TORCHY

  • Some organic attention on X

    13 accounts post the contract address, and 4 of them have 1K+ followers. This is chatter, not proof of a product.

    @BossKripto@donjuanz0@degen_CGx100@ABCat07340480

  • Active trading but small tax

    There were 624 buys against 392 sells in 24h. The 1.1% buy tax is a standard torch setting and sells are not taxed.

    $TORCHCATlaunchtorch tax collector

Checks out2

  • Holders are spread out

    The top 10 wallets hold 25% and the largest single wallet holds 3.3%, which is healthy for a launchpad coin.

    3.3%3.3%3.0%2.5%

  • No launch-block bundling

    Apart from the dev buy, nobody bought in the block that created the token.

    launch

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