# WASTED review: Trust Score 40/100 (Caution)

Source page: https://vaultx.llc/reviews/wasted · independent VaultX review by Rex · updated 2026-11-08

Anonymous, days-old Solana meme coin with no roadmap, a concentration warning and extreme volatility

WASTED is described by trackers as a community-run Solana meme coin that began trading on 2026-10-30 and says it offers no utility and no roadmap. No named team, company or official tokenomics turned up in the research, so there is little to hold anyone accountable. Rug.Tools flagged a material launch-concentration warning, and DEX reports show one-day gains of 25,092% to 34,103%. No regulator warnings or lawsuits naming WASTED were found, but that is common for very new, small tokens and is not a clean bill of health.

**Red flags**
- No reliably identified founders, executives, company name or jurisdiction in the sources found.
- No official tokenomics (allocation, vesting, treasury) found; only market and holder data.
- Rug.Tools reports a material launch-concentration warning: sampled holder accounts held 24.7% of supply, and a launch-pattern cohort had reported historical exposure of 65.4%.
- Extreme volatility: DEX reports cite one-day gains of 34,103% and 25,092% on 2026-11-08, only about nine days after launch.
- Identity confusion: trackers list several different tokens called WASTED (different Solana and Ethereum addresses, conflicting listing dates), so people can easily buy or research the wrong one.
- No utility or revenue by the project's own description, and no independent audit found.

**Green flags**
- No regulator warnings, lawsuits, class actions or police/court cases naming WASTED were found (SEC, CFTC, FCA, VARA, FSA Seychelles, ASIC and others searched). This is absence of evidence only.
- The project is upfront that it has no utility or roadmap, rather than making grand promises.
- No presale or fundraising from an identifiable team was found, and no unrealistic return promises were found in the sources.
- Rug.Tools describes the token as actively trading on-chain.

**Sources**
- Bitrue – WASTED coin overview https://www.bitrue.com/blog/wasted-coin-price-prediction-ai
- CoinCarp – WASTED https://www.coincarp.com/currencies/wasted/
- Rug.Tools – WASTED token page https://www.rug.tools/token/solana/GexThZHgaswpAQ7Fi8QrHFubjPimUNSYhJiAA7XZpump/wasted
- Rug.Tools – WASTED safety check https://www.rug.tools/token/GexThZHgaswpAQ7Fi8QrHFubjPimUNSYhJiAA7XZpump
- TokenPost – DEX market report mentioning WASTED https://www.tokenpost.com/?rdUrl=/news/insights/22510
- X account @Wastedrespawned https://x.com/Wastedrespawned

Not financial advice. Nobody can pay for a VaultX review.

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