Reading the chain…
Reading the chain…
Transfers can be blocked by the token program; selling may fail.
Weft looks like a normal token from the outside, but its token program lets someone else move or block holders' tokens.
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$WEFT uses a token-program feature (non-transferable, pausable or frozen-by-default accounts) that can stop holders from selling.
source · on-chain · mint account
Any holder's token account can be frozen, which blocks selling. Legit launches revoke this before trading opens.
source · on-chain · mint account
The rest of the LP can be withdrawn. Pulling it would drain the pool and leave the price near zero.
source · LP position
A Token-2022 transfer fee is taken on every transfer, including buys and sells.
source · on-chain · Token-2022 extension
Wallets from the first trades after launch haven't sold. They bought at the lowest price and can dump on later buyers.
source · on-chain · first trades
Of 7 earlier coins from this deployer that we've checked, 12 scored below 30.
source · dev history
The linked site didn't respond.
source · http
Supply is concentrated in a few wallets.
source · on-chain · holders
| # | Wallet | Tag | Supply |
|---|---|---|---|
| 1 | 7XPxA…NoMwS | pool | 26.12% |
| 2 | CZLe6…gduNn | insider | 15.19% |
| 3 | XtzXv…7t91Z | sniper | 12.14% |
| 4 | 92jfQ…oycEf | insider | 9.29% |
| 5 | SB3ia…w8TwT | — | 8.23% |
| 6 | 7r1qM…izCbJ | — | 5.92% |
| 7 | d1vwU…LLW9e | — | 5.06% |
| 8 | G7Ujd…VinRf | — | 3.77% |
| 9 | kLMGY…ZrWyJ | — | 3.27% |
| 10 | 6dTed…5GGfj | — | 2.65% |
| 11 | LjwvK…B998a | — | 2.47% |
| 12 | UMcMc…BT2ax | dev | 1.89% |