Overview
Dragonfly Meme emerged on Ethereum as a small creature meme token with microscopic trading volume. Like thousands of similar tokens, it was created with a standard token template, listed on a DEX, and promptly abandoned by its deployer. The project's entire identity is its name — there is nothing else to evaluate.
Market metrics paint a bleak picture for Dragonfly Meme. Daily volume rarely exceeds double digits in USD terms, and the liquidity pool has been slowly drained since launch. The holder distribution is heavily concentrated, with the top wallet controlling a disproportionate share of supply. This is a textbook example of an abandoned micro-cap memecoin with no recovery trajectory.
Risk Factors
- Price has declined over 95% from any recorded high
- The themed branding provides zero differentiation in an oversaturated market
- No active community channels — Telegram and Discord are dead or nonexistent
- Token contract has not been renounced — deployer retains admin privileges
- Trading volume is essentially zero on most days
- Deployer wallet shows signs of liquidity removal pattern
Conclusion
Dragonfly Meme is a dead-on-arrival memecoin with no redeeming qualities. The 0.7 score reflects a token that barely registers on any meaningful metric. There is no community, no development, no liquidity, and no reason to expect any of these will materialize. Avoid entirely.