Welcome to our comprehensive analysis of Trust The Process (TRUST), a token built on the Solana blockchain. Whether you're an investor or simply exploring, this guide covers everything from security features to risk assessment. Let’s dive in!
Key Details of Trust The Process (TRUST)
Here’s a quick overview of the token’s fundamentals:
Attribute | Details |
---|---|
Blockchain | Solana |
Token Name | Trust The Process (TRUST) |
Token Symbol | TRUST |
Total Supply | ~1 Billion (999,917,688.244252) |
Decimals | 6 |
Token Type | SPL Token |
Contract Address | EqeEBGHQhQy6SqeaJcnqAsNs3qaG19sdF89Xsarpump |
Creator Address | TSLvdd1pWpHVjahSpsvCXUbgwsL3JAcvokwaKt1eokM |
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Security Features of Trust The Process
1. Open-Source Code
- ✅ Yes, the project is open-source.
Transparency allows community audits, reducing risks of hidden vulnerabilities.
2. Fixed Token Supply
- ✅ Minting locked.
No new tokens can be created, preventing inflation and supply manipulation.
3. Immutable Metadata
- ✅ Unchangeable token details.
Core attributes like name and supply are permanently secured.
4. Freeze Authority Revoked
- ✅ No transaction freezes.
Users retain full control over their assets.
5. Liquidity Pool Burns
- 🔥 99.95% of LP tokens burned.
Minimizes rug-pull risks by locking most liquidity.
6. Holder Distribution
- ⚠️ Top 10 holders own 9.66%.
Moderate concentration could influence price volatility.
Liquidity Pools and Trading Activity
1. SOL-TRUST on Raydium
- Liquidity: $1.15M
- 24H Volume: $9.87M
- LP Burned: 99.95% (High security)
2. TRUST-SOL on Raydium Clamm
- Liquidity: $77.59K
- 24H Volume: $555.08K
- LP Burned: ❌ No protection (Higher risk)
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Risk Analysis: Is TRUST Safe?
Pros:
- Transparent, auditable code.
- Fixed supply prevents inflation.
- High liquidity burn reduces manipulation risks.
Cons:
- Unburned TRUST-SOL pool poses vulnerabilities.
- Holder concentration may lead to volatility.
Safety Score: 8.4/10 (Low Risk)
Recommendation: Suitable for cautious investors. Always DYOR.
FAQs
1. Can TRUST tokens be minted in the future?
No, the contract permanently locks minting capabilities.
2. What happens if the liquidity pool isn’t burned?
Unburned pools (like TRUST-SOL) are more susceptible to sudden liquidity withdrawals.
3. How decentralized is TRUST’s ownership?
The top 10 addresses hold 9.66%—moderate concentration but not extreme.
4. Is the project’s code audited?
Yes, its open-source nature allows independent audits.
5. Where can I trade TRUST?
Primary pools are on Raydium (SOL-TRUST and TRUST-SOL).
6. What’s the biggest risk with TRUST?
Price volatility due to holder concentration and unburned LP.
Final Verdict
Trust The Process (TRUST) offers robust security features but requires caution due to liquidity pool risks and holder distribution. For Solana enthusiasts, it’s a project worth monitoring.
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Disclaimer: This content is educational only. Conduct independent research before investing.