Elephant Money (TRUNK)
TRUNK #1701Project Safety Score: 32%
Updated 8 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
Elephant Money TRUNK is a cross-chain deflationary utility token of the Elephant Money protocol that is used as collateral in various DeFi ecosystems. Elephant Money Trumpet is a store of value backed by TRUNK that only goes up in value. Trumpet has zero transfer or dev fees, a low 5% fee is charged on minting and redemption. EMT grows in value linearly and is fully backed by the TRUNK deposited with zero reliance on third party liquidity. Bridge TRUNK to Solana and borrow USDC to maximize your gains.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.