Guide
How to read The Wall
Last updated 4 November 2026
This guide explains what each number and warning on The Wall Markets measures, how it is worked out, and what it cannot tell you. It is here to help you understand the data and ask better questions when you do your own research.
It is information only, not financial advice. Nothing here, or anywhere on the site, tells you to buy, sell or hold a token. Meme coins are extremely risky: most lose most of their value, and you can lose everything you put in. Only use money you can afford to lose. See our Terms.
1. The Wall Score
A number from 0 to 100, recalculated from public market data, the same way for every token. It is made of five parts:
- Liquidity
- How much money sits in the token’s trading pools compared with its size, and how steady that has been. Shallow pools mean a single sale can move the price a lot, and liquidity that swings around is less dependable.
- Trading
- How steady and widespread trading has been over several complete days, rather than one burst of activity. It is measured after the first 48 hours, because the first two days of a launch are unusually wild.
- Holders
- How many wallets hold the token, whether that number is growing, and how much of the supply the ten largest wallets hold (trading pools, burned supply and supply locked for a long time are left out). A few wallets holding most of the supply can sell together.
- Longevity
- How long the token has kept trading. It builds up day by day.
- Resilience
- How the price held up through falls compared with SOL, from hourly prices after the launch days.
The labels describe how a market has behaved: Excellent (90 to 100), Good (70 to 89), Moderate (50 to 69), Weak (40 to 49) and Poor (below 40). Pending, Initial or Early means some parts do not have enough history yet; a full score usually arrives when a token is about 5 to 6 days old.
What it cannot tell you. The score looks backwards. It cannot see the future, the team’s intentions, news, hype, paid promotion, or who controls which wallets. A high score does not mean a token is safe or will go up; a low score does not mean it will go down. Nobody can pay for a better score, and we never change scores by hand.
2. Warnings
Automatic checks run every few minutes (some hourly). A warning describes something that has just happened in the data. It is not a prediction and not an instruction. Each one stays visible for at least 24 hours so you can see what happened.
- Liquidity pulled
- The value in the token’s pools halved within an hour and the token itself was taken out of the pools too: the liquidity was removed. This is the pattern of a “rug pull”, though it can also be a team moving liquidity elsewhere.
- Liquidity drained by selling
- The same fall in value, but the pools still hold the token: holders sold into them and the SOL drained out. That is heavy selling, not liquidity being removed.
- Price crash
- The price fell sharply within an hour (more than 60% for small tokens; less for larger ones, where big falls are rarer).
- Heavy selling
- Over the last hour, sellers outweighed buyers by value at least three to one, the selling was large for the token’s liquidity, and the price fell at least 15%. It can be ordinary profit-taking, or large holders leaving.
- Selling pressure
- A lighter notice for the same one-sided selling with a 10% fall. Worth watching, nothing more.
- Creator wallet sold
- The wallet that launched the token held at least 1% of the supply and sold half or more of it between two checks. Many creators sell at launch; this warning is only for a meaningful holding sold later.
- Launch buyers sold
- The wallets that bought in the token’s first 3 minutes of trading held at least 3% of the supply together and sold half or more of it between two checks.
- Mint authority active
- Someone can still create new tokens, which can dilute every holder.
- Freeze authority active
- Someone can still freeze wallets, which can stop holders from selling.
- No trades in 6 hours
- A notice, not an alarm. Quiet spells are common for small tokens, but it can be an early sign a project has gone inactive or that selling is restricted.
- Large unlock soon
- At least 5% of the supply comes out of a lock within 7 days. Whoever receives it can sell it.
Warnings can occasionally be wrong or late: data providers can misreport or lag, and we cross-check prices across pools to limit that. No warning is ever a reason on its own to act. A warning never changes the Wall Score.
3. Holders, locks and the creator wallet
- Top-10 share
- How much of the supply the ten largest ordinary wallets hold. The higher it is, the more a few holders can move the price.
- Locked and burned supply
- Tokens held in a lock (Streamflow or Jupiter Lock) or sent to a burn address. Locked tokens can still be released later: the date matters as much as the amount.
- Creator wallet
- The wallet that paid for the token’s launch, and how much it still holds, checked by us on-chain. Holding nothing is common. A creator can also hold through other wallets we cannot link.
- Developer history
- How many tokens the creator wallet has launched. A very long list can mean a serial launcher.
4. Launch buyers
The Launch buyers tab shows who bought in a token’s first 3 minutes of trading (up to 500 trades), which can include bots and “bundles” (several wallets controlled by one person buying at the same time). For the 40 largest early buyers we show whether each was a new wallet, whether it was paid for by the creator or by the wallet that paid for the creator, and whether several were paid for by the same wallet. We check each token once, soon after it is added, then watch what those wallets still hold.
We show the facts without a verdict for now, while we compare our results with other tools.
We can only link wallets through what the blockchain shows, and wallets paid for by an exchange or a trading-bot service (which pay for thousands of unrelated wallets) are not counted as linked. Someone who funds wallets through an exchange or several steps will not show as linked, so finding no links is not proof that no bundle exists.
5. Wall members, Established and featured tokens
- Wall member
- The project’s team pays for its space on The Wall, so it is advertising. Before approval the team proved it controls the token’s creator wallet or official X account, and it confirms every 30 days that the project is active. It is not an endorsement, an audit or an identity check, and it does not affect the Wall Score.
- Missed check-in
- The team has not confirmed the project in time. The tile is marked, and later leaves The Wall until the team checks in again.
- Established
- A large, long-running token that meets published size and age requirements, with no serious warning. It describes size and history, not safety.
- Featured
- Tokens chosen by us to show how scoring works. They are not paid placements and their teams have not joined The Wall.
- Trending
- Ranked by recent market momentum. Trending is not the same as healthy, and is kept separate from the Wall Score.
6. Questions worth asking
The data cannot answer everything. These are the kinds of questions the site helps you look into; the answers, and any decision, are yours.
- Is the liquidity deep enough for the token’s size, and has it been steady?
- How much of the supply sits with a few wallets, the creator or the launch buyers, and is any of it locked? Until when?
- Are the mint and freeze authorities revoked?
- Are there active warnings, or a pattern of them in the history?
- Is the holder count growing, or is the price moving on a handful of trades?
- Who is behind the project, and what do sources outside this site say? Promotion and posts on social media can be paid for or faked.
- Could you afford to lose everything you are thinking of putting in?
7. Limits of the data
Figures come from third-party data providers and the Solana network. They can be delayed, incomplete or wrong, and the site may sometimes be unavailable. Scores and warnings are automatic: no person checks each token. We show when each figure was checked, and we leave a figure blank rather than guess.
Past behaviour does not predict future results. Crypto-assets are largely unregulated in the UK; you are unlikely to have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme if something goes wrong.
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