Taxa Network
Weekly token report
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Executive Summary
Taxa Network (TXT) is a low-risk token currently priced at $0.000320, with no market capitalization reported. Despite its low risk score of 19/100, the project exhibits several critical data discrepancies and unusual metrics, including an unexplained difference between new and total holders, and a significant holder concentration at 86.2%. The project's core contract security is strong at 10/100.
The primary concerns for TXT revolve around its liquidity, financial sustainability, and transparency. The reported DEX liquidity of $185,000,000 is extremely low compared to the implied $2,000,000,000 market cap, coupled with a negligible 24-hour volume of $508, indicating very poor liquidity depth. Furthermore, the project demonstrates an unsustainable model with token emissions exceeding revenue by $45 over the last 30 days. Significant transparency issues persist, with an "Unknown" team size and headquarters for a protocol foundation established in 2020, and no public GitHub repository or active partnerships.
Despite these challenges, Taxa Network shows some positive signals. It maintains a moderately low compliance risk with a Regulatory Score of 80/100, and no mentions of SEC or CFTC issues. The project also boasts a large community for a token with no market cap, suggesting a level of early-stage interest, even if sentiment is lukewarm at 55/100.
Moving forward, investors should closely monitor the resolution of the significant data discrepancies, particularly regarding holder metrics and the reported market cap versus liquidity. Key areas to watch include the establishment of a public GitHub repository, the development of active partnerships, and a clear strategy to improve financial sustainability by addressing the negative net revenue. The project's ability to transition from 0% circulating supply to a liquid, publicly traded token will be a critical determinant of its future viability.
Live market data
Price Chart
Risk score
A top holder has reduced their position by 1.1% in the past 24 hours
Holder concentration remains moderately high at 34%
Early signs of distribution imbalance observed across wallets
Liquidity has increased by 12% this week, improving market depth
Active wallets
+2.3%
Liquidity
+$1.2M
Trading volume
+8.4%
Holder count
-6.8%
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