Wrapped AyeAyeCoin
WAAC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
WAAC (Wrapped AyeAyeCoin) functions primarily as a static ERC-20 wrapper for a 2015 historical Ethereum memecoin. The project exhibits virtually zero active development, no identified team or roadmap, and no governance framework. Community engagement is negligible, with only ~1,550-1,590 holders and no verified official social channels or active community platforms. While the tokenomics benefit from a fixed supply cap (6 million tokens) and full initial distribution with no team allocations or vesting cliffs, the asset lacks tangible utility beyond speculative DeFi composability. Market liquidity is severely thin across Uniswap V3 pools, accompanied by near-zero daily trading volume and an unrecovered ~87% drawdown from its all-time high. Furthermore, the wrapper contract is unaudited, leaving underlying custody and mint/burn mechanisms unverified. No qualifying red-flag exploits, hacks, or fraudulent actions were identified, but structural neglect and market illiquidity present severe risks.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Wrapped AyeAyeCoin (WAAC)
Wrapped AyeAyeCoin (WAAC) is an ERC-20 token on the Ethereum blockchain that serves as a wrapped version of AyeAyeCoin, an early meme coin originally deployed in August 2015. The wrapper was designed to provide ERC-20 compatibility and basic decentralized finance (DeFi) composability for the historical token. WAAC features a fixed supply cap of 6 million tokens that were distributed through an in-contract faucet, with no initial team allocations, premines, or vesting schedules.
The project maintains no active software development, no accountable team leadership, and no active roadmap. There are no governance mechanisms, decentralized autonomous organizations (DAOs), or official community communication channels associated with the asset. WAAC functions strictly as a static, unmaintained historical token with a small holder base of approximately 1,550 to 1,590 addresses and minimal organic engagement.
WAAC exhibits significant structural and market risks. The token's wrapper contract is unaudited by professional security firms, leaving its mint, burn, and custody mechanisms unverified. Market data indicates thin liquidity across decentralized exchange pools, near-zero 24-hour trading volume, and an unrecovered price crash of approximately 87% to 88% from its October 2024 all-time high of roughly $4.51 to $4.56.