Wrapped TRX (WTRX)

Analysis

WTRX needs caution (60/100). The main concern: a few of the biggest holders could crash the price by selling: exit risk is high. On the plus side, no one can change the rules: code cannot change, no owner, no owner powers found. This reading comes only from on-chain facts and lowers the risk; it never removes it.

• ⚠ A few of the biggest holders could crash the price by selling: exit risk is high.
• ⚠ Ownership is concentrated: the 10 biggest wallets hold 90% of the supply (pools and burns not counted).
• ✓ No one can change the rules: code cannot change, no owner, no owner powers found.
• ✓ The pools hold $91.58M, which is deep enough for normal trades.
• ✓ It has traded for 6.6 years.

Summary

Some warning signs. Read them before you buy.

• Top 10 wallets hold 90% of the supply
• No sell test on Tron yet
• One wallet holds 42%
• Hard to exit: a few sells would crash the price

• Code cannot change
• No owner
• No owner powers found
• Deep liquidity ($91.58M)

Not checked: The sell test has not run yet · Source code is not checked · Whether the liquidity is locked · No trades seen in the last 24 hours

Every check

• Code cannot change. Not an upgradeable proxy: the token code is fixed.
• No owner. The contract has no owner (or it was renounced): owner-only switches are locked.
• No owner powers found. No mint, blacklist, tax or pause functions in the contract code.
• 0% of liquidity burned. The rest of the pool tokens are in other wallets or lockers we cannot read yet.
• No sell test on Tron yet. DexGrade can't simulate a sale on Tron yet, so this grade uses fewer checks than on Ethereum or Solana. Real sells by different wallets are counted instead.
• No description or project links. We found no description, website or social links for this token. Not a risk on its own, but it gives buyers less to check.

How it can improve

• Top 10 wallets hold 90% of the supply: Spread the supply: avoid big single wallets, and lock team tokens in vesting.
• Hard to exit: a few sells would crash the price: Add liquidity and spread the supply, so a few sells can not crash the price.