Mascot of the Trenches
RUG #9626Project Safety Score: 27%
Updated 1 week, 3 days ago& Market
Credibility
Behavioral
Mechanics
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Mascot of the Trenches is a memecoin operating on the Solana blockchain, identified by the token symbol $RUG. It was developed to address the frequent occurrences of rug pulls in the cryptocurrency market. The project's strategy includes utilizing creator rewards for buybacks, aiming to accumulate 20% of the total supply over time, which will be locked until a market cap of $1 billion is reached.
Upon achieving this threshold, the accumulated supply will be burned. The project promotes itself as a representation of resilience within the cryptocurrency community, appealing to those who have endured market volatility. No specific founding year or individual founders are mentioned in the provided description, and details about the governance model are not specified.
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.