Is LOOM safe?
Loom (LOOM) · Solana · on-chain safety read, grade A (85/100)
Data snapshot: 2026-08-10 · source: Jupiter token API + on-chain flags · refreshed weekly · not financial advice
TrustDex score: higher = safer (0–100)
- thin liquidity — fragile, easy to move
- mint authority renounced
- freeze authority renounced
Re-scan LOOM live before you trade
On-chain state changes — verify the current read, then swap non-custodially if it clears.
What the data says about LOOM
LOOM starts from a genuinely strong place at the contract level. Minting is switched off for good, which makes the circulating supply a firm ceiling, and freeze has been renounced as well, so no one can hold your tokens in place. Clearing both of those in one go is a strong sign, and it's what puts LOOM at 85/100 as of the 2026-08-10 snapshot.
Here's where LOOM stands today: $24.59K of on-chain liquidity and 2,114 holders as of 2026-08-10. Encouragingly, that $24.59K pool is deep relative to a market cap of about $163.96K — the kind of ratio that lets real size move in and out without much slippage. A 2,114-holder base is a fair start, but distribution matters more than the count — check how much sits in the largest wallets before leaning on it.
Grades aren't set in stone — LOOM's can move as the data does. Steady growth in real liquidity past $24.59K is the simplest way up; and the downside would be a shrinking pool or the 2,114 holders clustering into fewer wallets. On-chain data shifts week to week, so it's always worth a quick live check on LOOM before trading.
Safety history of LOOM
Weekly snapshots — how LOOM’s market structure and grade have moved over time.
| Date | Liquidity | Holders | Grade |
|---|---|---|---|
| 2026-08-10 | $24.59K | 2,114 | A |
| 2026-08-09 | $24.38K | 2,119 | A |
Contract
CgnQ8a1u99Gk7qoySMd2wrGPMPm9bdcSJNhqMEkYpump
Verify LOOM by this address, never by name or ticker.
FAQ
Is LOOM a safe token?
As of the 2026-08-10 snapshot, LOOM scores 85/100 (grade A) on TrustDex's on-chain read — based on its renounced mint authority, renounced freeze authority, liquidity of $24.59K and 2,114 holders. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.
Can you sell LOOM, or is it a honeypot?
On Solana, the lever that can block a sale is the freeze authority, and LOOM's is renounced as of 2026-08-10 — no one can freeze your balance to trap you in. With $24.59K of liquidity there's a pool to sell into, though how cleanly depends on your size against that depth.
Who holds most of LOOM?
LOOM has 2,114 holders as of 2026-08-10. A headline count doesn't reveal how much the largest wallets control, so read it with the concentration figure on this page — broad distribution is a good sign, a few wallets owning most of the supply is not.
Can LOOM's supply be inflated?
No — the mint authority is renounced as of the 2026-08-10 snapshot, so no new supply can be created and the circulating figure is a ceiling.
What is the LOOM contract address?
The LOOM mint address on Solana is CgnQ8a1u99Gk7qoySMd2wrGPMPm9bdcSJNhqMEkYpump. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.
Where can you buy LOOM safely?
Run the live on-chain scan at the top of this page first; if LOOM clears, you can swap it here directly. Whatever venue you use, match the contract address (CgnQ8a1u99Gk7qoySMd2wrGPMPm9bdcSJNhqMEkYpump) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.