Launched by a registered DAO with a known founder, TORCH is a multichain trading platform that has already executed its first supply burn of 1.2% within 3 hours of launch.
The Torch launchpad is live on Robinhood Chain, allowing users to deploy tokens with built-in fee mechanics.
card:verdict {"call":"Launched by a registered DAO with a known founder, TORCH is a multichain trading platform that has already executed its first supply burn of 1.2% within 3 hours of launch.","stance":"constructive","class":"Before the move · Undiscovered · catalyst ahead","why":"Launched by IgniteDAO, co-founded by Milan Shoukri (@ProofofMilan), a registered DAO in the Netherlands building Web3 products like Torch Wallet."}
card:stats [{"label":"Market cap","value":"$922K"},{"label":"Liquidity","value":"$428K"},{"label":"24h volume","value":"$543K"},{"label":"Age","value":"1d","note":"Robinhood Chain"}]
Why it's on the radar Launched by IgniteDAO, co-founded by Milan Shoukri (@ProofofMilan), a registered DAO in the Netherlands building Web3 products like Torch Wallet. The Torch launchpad is live on Robinhood Chain, allowing users to deploy tokens with built-in fee mechanics. Announced a burn of 1.2% of the supply worth $14,000 USD within hours of launch.
card:risks [{"text":"The platform's fee-sharing and buyback mechanisms are newly launched and have yet to be verified on-chain over a longer period.","level":"medium"}]
card:watch [{"signal":"Levels","trigger":"Consolidation above $850K market cap","means":"constructive"},{"signal":"Ignition","trigger":"First-hour volume above $50K, or holders up 10% in an hour"},{"signal":"Wrong if","trigger":"Break below $500K market cap or team token dumping","means":"broken"}]
card:sources [{"name":"X · @Torchpaddotfun","note":"The Torch launchpad is live on Robinhood Chain, allowing users to deploy tokens with built","url":"https://x.com/Torchpaddotfun/status/2109010803592495480"},{"name":"X · @Torchpaddotfun","note":"Announced a burn of 1.2% of the supply worth $14,000 USD within hours of launch.","url":"https://x.com/Torchpaddotfun/status/2109016756945596828"}]