PERPSPAD Coin Price, Rug Risk & On-Chain Analysis

PERPSPAD Coin Price and Market Data

Assessment: PERPSPAD is a 64-day-old Solana memecoin with a $589K market cap and $75K in DEX liquidity, trading at $0.0008 after a -15.6% six-hour drawdown. Holder concentration is high — the top 10 wallets hold ~35.5% and 28 whale wallets collectively hold ~60% of supply — but mint and freeze authorities are both revoked, removing the most severe structural controls. A confirmed three-wallet cluster (HLnp…LcC, 8GYb…AFe, 9sZR…NQs) sharing ~11.7% of supply via direct token transfers is the primary risk: wallet 9sZR…NQs is actively distributing, having shed ~12.9M tokens over 30 days and continuing to sell in the last 1-hour window. The dev wallet (FN1x…yxH) holds a small residual (~0.17%) and shows zero selling activity, which is a mild positive, but the cluster dynamic and net negative whale flow of -10.6M tokens over seven days materially offset that. Volume is healthy in absolute terms ($311K/24h) and buys slightly outpace sells over the full observed window, but the most recent 12-hour window flipped decisively sell-led (-8.9M net), suggesting momentum is deteriorating.

Reason: A confirmed three-wallet cluster holding ~11.7% of supply with active, ongoing token distribution — combined with accelerating negative whale flow over the most recent 12 hours — creates structural sell pressure that offsets revoked authorities and marginal buy-side flow.

PERPSPAD Rug-Pull Risk Analysis

• Three wallets linked by direct token transfers hold a combined ~11.7% of supply; one of them (9sZR…NQs) has sold ~12.9M tokens over 30 days and continued selling in the most recent one-hour window, a textbook slow-distribution pattern.
• Net whale flow is -10.6M tokens over seven days and -4.0M in a single day, with the 12-hour window showing a -8.9M net sell imbalance; the sell-side is dominated by larger wallets (big+whale categories account for over 78% of 12-hour sell volume).
• 28 whale wallets (each >1% of supply) collectively hold ~59.7% of total supply; the top holder alone controls ~7.98% and has distributed nearly 7.8M tokens over 30 days, suggesting gradual exit from the largest position.

PERPSPAD Coin Health Signals

• The identified dev wallet holds only ~0.17% of supply and has not sold a single token in the last 30 days, removing one major structural rug vector.
• Both mint and freeze authorities are null and inactive, meaning the token supply is fixed and no wallet can freeze holders — the strongest on-chain safety baseline for a token this age.
• The data flags the decentralisation trend as 'improving', suggesting supply is gradually spreading to more wallets even as whales distribute, which could structurally improve distribution over time if sustained.

PERPSPAD Holder Distribution

Holder concentration: The top 10 non-pool holders control 35.5% of supply.

Is PERPSPAD Coin Safe?

• Creator risk check: no blacklist match found.
• Wash-trading check: no suspicious activity detected.
• Copycat check: no match detected.
• Sellability check: a sell route was observed.
• Smart-money check: no tracked participation was observed.