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{"actor":"system:backfill","investigation_id":"6e6d83f0-9fb9-4fee-a5dd-a32f291c6c42","kind":"publish","page_slug":"waygu","published_at":"2026-05-30T13:03:58.026Z","sequence_num":3,"snapshot":{"content_type":"investigation","entity_name":"WAYGU CASH","sections":[{"content":"WAYGU CASH is a Solana-based memecoin launched in 2024–2025 under the ticker WAYGU. Its stated mission, as described on its CoinMarketCap and CoinGecko listings, is to serve as a 'memetic movement of strength, honor, and conviction on a mission to flip the $25B vegan market.' The project website is waygu.cash, and the token trades primarily on the Raydium decentralized exchange. The official marketing channels include a Telegram group (t.me/waygucash) and a YouTube channel (@WAYGUCASH). The project self-categorizes under 'Memes' and 'Solana Ecosystem' on CoinMarketCap. WAYGU CASH is a distinct token from the unrelated WagyuSwap (WAG) DEX on the Velas network and from Wagyu Protocol (WAGYU) on Ethereum. Multiple YouTube videos published between April and May 2025 promoted the token with language such as 'The Next 1000X MEMECOIN' and 'Early Gem Just Dropped (Actual 1000x Potential),' consistent with coordinated promotional activity.","heading":"Project Overview","severity":"medium","sources":[{"credibility":2,"name":"WAYGU CASH on CoinMarketCap","type":"other","url":"https://coinmarketcap.com/currencies/waygu-cash/"},{"credibility":2,"name":"WAYGU CASH on CoinGecko","type":"other","url":"https://www.coingecko.com/en/coins/waygu-cash"},{"credibility":3,"name":"WAYGU CASH - The Next 1000X MEMECOIN! (YouTube)","type":"social_media","url":"https://www.youtube.com/watch?v=ZfDFcFsqUJ8"},{"credibility":3,"name":"Waygu Cash Live Now! Early Gem Just Dropped (YouTube)","type":"social_media","url":"https://www.youtube.com/watch?v=MhcWlsCIY88"}]},{"content":"No individual team members, founders, or developers are publicly identified for WAYGU CASH. The project's official listings on CoinMarketCap and CoinGecko contain no team disclosures. The project's website (waygu.cash) requires a sign-in to access content, obscuring any project documentation from public view. CoinMarketCap's listing is marked as a preview page that 'does not meet full listing criteria per CoinMarketCap's Listings Review standards,' and notes the absence of team information, launch date, and detailed tokenomics. CoinGecko describes the team only as 'experienced developers' — an unverifiable, boilerplate claim. Complete team anonymity in micro-cap memecoins is a recognized risk factor associated with exit scams and rug pulls.","heading":"Team Anonymity and Lack of Disclosure","severity":"high","sources":[{"credibility":2,"name":"WAYGU CASH on CoinMarketCap (preview listing, no team disclosed)","type":"other","url":"https://coinmarketcap.com/currencies/waygu-cash/"},{"credibility":2,"name":"WAYGU CASH on CoinGecko","type":"other","url":"https://www.coingecko.com/en/coins/waygu-cash"}]},{"content":"WAYGU CASH is deployed on the Solana blockchain. The token's mint address is Amt5VWsJyZcfeort8WP76SUGxHUdkGQ9ybotZLhtTQSP, as listed on CoinMarketCap. The maximum supply is 999.9 million WAYGU, with self-reported circulating supply of approximately 990 million to 1 billion WAYGU. At the time of investigation, the live price was approximately $0.0000373 per token, with a market capitalization of roughly $29,700 USD — an extremely low 'micro-cap' valuation. The 24-hour trading volume on Raydium (WAYGU/SOL pair) was approximately $8,396, indicating extremely thin liquidity. WAYGU CASH had declined approximately 93.3% from its all-time high, suggesting a significant price collapse since peak. The CoinGecko ranking was approximately #3137. No smart contract audit has been publicly disclosed. The token is accessible via Solflare, Phantom, Backpack, and Binance Web3 Wallet. Solscan and Dexscreener explorers are referenced in official listings for on-chain verification, but detailed holder distribution and liquidity lock status could not be verified from public sources at the time of this investigation.","heading":"On-Chain Data and Token Metrics","severity":"high","sources":[{"credibility":2,"name":"WAYGU CASH on CoinMarketCap — contract address and supply","type":"other","url":"https://coinmarketcap.com/currencies/waygu-cash/"},{"credibility":2,"name":"WAYGU CASH on CoinGecko — price and market cap","type":"other","url":"https://www.coingecko.com/en/coins/waygu-cash"},{"credibility":2,"name":"Waygu Cash on Moralis — on-chain metrics","type":"on_chain","url":"https://moralis.com/chain/solana/token/price/waygu-cash-1"}]},{"content":"Multiple YouTube videos promoting WAYGU CASH used hyperbolic language — 'The Next 1000X MEMECOIN' and 'Actual 1000x Potential' — consistent with coordinated promotional campaigns documented extensively in the Solana memecoin ecosystem. The video titles and timing (April–May 2025) align with patterns of pre-launch and early-launch promotional pushes common to pump-and-dump schemes. The token's approximate 93% decline from its all-time high is consistent with the post-pump collapse phase. Broader research published by Solidus Labs has documented that approximately 98.7% of tokens on Pump.fun and 93% of liquidity pools on Raydium have exhibited characteristics of pump-and-dump schemes or rug pulls. No specific confirmed evidence of a deliberate rug pull by the WAYGU CASH team was located in publicly available sources at the time of this investigation; however, the promotional pattern and price trajectory are consistent with such activity. The team's anonymous status prevents any accountability verification.","heading":"Promotional Activity and Alleged Pump-and-Dump Patterns","severity":"high","sources":[{"credibility":3,"name":"WAYGU CASH - The Next 1000X MEMECOIN! (YouTube — April 2025)","type":"social_media","url":"https://www.youtube.com/watch?v=ZfDFcFsqUJ8"},{"credibility":3,"name":"Waygu Cash Live Now! Early Gem Just Dropped (YouTube — May 2025)","type":"social_media","url":"https://www.youtube.com/watch?v=MhcWlsCIY88"},{"credibility":3,"name":"Could Waygu Cash be the NEXT 10X Meme Coin?! (YouTube)","type":"social_media","url":"https://www.youtube.com/watch?v=eIulu4xoMCQ"},{"credibility":2,"name":"Solidus Labs: Solana Rug Pulls and Pump-and-Dumps Report","type":"research","url":"https://www.soliduslabs.com/reports/solana-rug-pulls-pump-dumps-crypto-compliance"}]},{"content":"No regulatory warnings, enforcement actions, or legal proceedings involving WAYGU CASH were identified in searches of SEC, CFTC, DOJ, or DFPI databases. As a micro-cap Solana memecoin with no named team and minimal trading volume, the project is unlikely to have attracted formal regulatory attention. Memecoin tokens on Solana are generally not classified as securities under current regulatory guidance, though promotional activity involving undisclosed paid promotion by influencers may attract FTC scrutiny. No specific warnings from ZachXBT or comparable blockchain investigators were identified for this specific token at the time of investigation.","heading":"Regulatory and Legal Status","severity":"low","sources":[{"credibility":1,"name":"DFPI Crypto Scam Tracker (California)","type":"regulatory","url":"https://dfpi.ca.gov/consumers/crypto/crypto-scam-tracker/"}]},{"content":"WAYGU CASH maintains active social channels: a Telegram group (t.me/waygucash), a YouTube channel (@WAYGUCASH), and a Twitter/X account (@waygucash). Community activity is present but could not be independently assessed for organic versus coordinated engagement at time of investigation. The tokeny.pl article (a Polish-language crypto blog, Tier 3 credibility) described the project optimistically, citing alleged staking rewards of 25–40% APY and a roadmap item for Q2 2025 Shopify integration with vegan brands — claims that could not be verified against any primary sources. No audit of smart contract security or tokenomics was cited in any found sources. No evidence of meaningful organic community formation, developer activity, or product delivery was identified.","heading":"Community Sentiment and Social Presence","severity":"medium","sources":[{"credibility":3,"name":"WAYGU CASH Telegram channel","type":"social_media","url":"https://t.me/waygucash"},{"credibility":3,"name":"WAYGU CASH YouTube channel","type":"social_media","url":"https://www.youtube.com/@WAYGUCASH"},{"credibility":3,"name":"Waygu Cash review on Tokeny.pl (Polish crypto blog)","type":"community_report","url":"https://tokeny.pl/waygu-cash/"}]},{"content":"Three other projects share the 'Wagyu' brand and should not be confused with WAYGU CASH: (1) WagyuSwap (WAG) is a decentralized exchange on the Velas blockchain, incubated by BlueZilla in partnership with BSCPad, ETHPad, and Velas — a separate, established project unrelated to WAYGU CASH. (2) Wagyu Protocol (WAGYU) is an Ethereum-based token launcher (wagyuprotocol.io) whose highest price was recorded in March 2024 — also unrelated to WAYGU CASH. (3) The GitHub repository 'wagyu' by Howard Wu is an open-source cryptocurrency wallet library — entirely unrelated. Searchers should carefully distinguish these entities by contract address and chain.","heading":"Related and Distinct Entities","severity":"low","sources":[{"credibility":2,"name":"WagyuSwap on CoinGecko","type":"other","url":"https://www.coingecko.com/en/coins/wagyuswap"},{"credibility":2,"name":"Wagyu Protocol on CoinGecko","type":"other","url":"https://www.coingecko.com/en/coins/wagyu-protocol"},{"credibility":1,"name":"wagyu GitHub repository (Howard Wu)","type":"official","url":"https://github.com/howardwu/wagyu/blob/master/README.md"}]}],"sources_used":[{"credibility":2,"name":"WAYGU CASH on CoinMarketCap","type":"other","url":"https://coinmarketcap.com/currencies/waygu-cash/"},{"credibility":2,"name":"WAYGU CASH on CoinGecko","type":"other","url":"https://www.coingecko.com/en/coins/waygu-cash"},{"credibility":2,"name":"Waygu Cash on Moralis — on-chain metrics","type":"on_chain","url":"https://moralis.com/chain/solana/token/price/waygu-cash-1"},{"credibility":3,"name":"WAYGU CASH - The Next 1000X MEMECOIN! (YouTube)","type":"social_media","url":"https://www.youtube.com/watch?v=ZfDFcFsqUJ8"},{"credibility":3,"name":"Waygu Cash Live Now! Early Gem Just Dropped (YouTube)","type":"social_media","url":"https://www.youtube.com/watch?v=MhcWlsCIY88"},{"credibility":3,"name":"Could Waygu Cash be the NEXT 10X Meme Coin?! (YouTube)","type":"social_media","url":"https://www.youtube.com/watch?v=eIulu4xoMCQ"},{"credibility":3,"name":"WAYGU CASH Telegram channel","type":"social_media","url":"https://t.me/waygucash"},{"credibility":3,"name":"WAYGU CASH YouTube channel","type":"social_media","url":"https://www.youtube.com/@WAYGUCASH"},{"credibility":3,"name":"Waygu Cash review on Tokeny.pl (Polish crypto blog)","type":"community_report","url":"https://tokeny.pl/waygu-cash/"},{"credibility":2,"name":"Solidus Labs: Solana Rug Pulls and Pump-and-Dumps Report","type":"research","url":"https://www.soliduslabs.com/reports/solana-rug-pulls-pump-dumps-crypto-compliance"},{"credibility":2,"name":"WagyuSwap on CoinGecko (distinct project)","type":"other","url":"https://www.coingecko.com/en/coins/wagyuswap"},{"credibility":2,"name":"Wagyu Protocol on CoinGecko (distinct project)","type":"other","url":"https://www.coingecko.com/en/coins/wagyu-protocol"},{"credibility":1,"name":"wagyu GitHub repository (Howard Wu, unrelated open-source library)","type":"official","url":"https://github.com/howardwu/wagyu/blob/master/README.md"},{"credibility":1,"name":"DFPI Crypto Scam Tracker (California)","type":"regulatory","url":"https://dfpi.ca.gov/consumers/crypto/crypto-scam-tracker/"}],"summary":"WAYGU CASH (ticker: WAYGU) is an anonymous, micro-cap Solana memecoin that self-describes as a 'memetic movement' targeting the vegan market. The project has no disclosed team, no verified audit, operates at an extremely low market capitalization with minimal liquidity, and has declined approximately 93% from its all-time high — patterns consistent with speculative pump-and-dump dynamics common to low-grade Solana memecoins.","timeline":[{"date":"2025-04-17","event":"YouTube video titled 'WAYGU CASH - The Next 1000X MEMECOIN!' published, indicating early promotional phase","source":"YouTube (@WAYGUCASH)","source_url":"https://www.youtube.com/watch?v=ZfDFcFsqUJ8"},{"date":"2025-05-10","event":"YouTube video titled 'Waygu Cash Live Now! Early Gem Just Dropped (Actual 1000x Potential)' published, indicating token was live and trading","source":"YouTube","source_url":"https://www.youtube.com/watch?v=MhcWlsCIY88"},{"date":"2025-07-01","event":"Token listed on CoinGecko (ranked approximately #3137) and CoinMarketCap as a preview listing that does not meet full listing criteria","source":"CoinGecko / CoinMarketCap","source_url":"https://www.coingecko.com/en/coins/waygu-cash"},{"date":"2026-05-09","event":"At time of investigation: WAYGU trading at approximately $0.0000373, market cap ~$29,700, down approximately 93.3% from all-time high, 24h volume ~$8,396 on Raydium","source":"CoinGecko / CoinMarketCap","source_url":"https://coinmarketcap.com/currencies/waygu-cash/"}]},"v":1}