WLOOP (contract 0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732) is a BEP‑20 token circulating on the BNB Smart Chain. Multiple third‑party tools and dashboards have flagged it with severe risk warnings, including “honeypot” behavior (where you can buy but may not be able to sell). Below is a plain‑English walkthrough of what we know, what’s uncertain, and how to verify claims before you touch the contract.
A quick reminder: Honeypot means a token looks tradable, but code or settings prevent selling, trapping your funds. Always test with tiny amounts and confirm you can both buy and sell.
Quick facts
- Symbol: WLOOP
- Address: 0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732
- Chain: BNB Smart Chain (BSC)
- Standard: BEP‑20
- Explorers/dashboards:
- BscScan: https://bscscan.com/token/0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732
- ApeSpace: https://apespace.io/bsc/0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732
- GeckoTerminal (selected pools): https://www.geckoterminal.com/bsc
Disambiguation: Workloop AI vs the WLOOP token
There is a legitimate software platform called Workloop AI that builds AI‑driven workflow automation for business users (see https://workloop.ai/). Based on the available evidence, the WLOOP token at the address above is not officially acknowledged or endorsed by that platform. The name overlap is likely coincidental or opportunistic. When a token borrows a well‑known brand without clear, verifiable ties, treat it as a red flag until proven otherwise.
What on‑chain and security tools are signaling
Several independent scanners and trackers have raised concerns:
- Honeypot or restrictive sells: Multiple sources categorize WLOOP as a honeypot or note restrictive sell logic. In practice, that can mean you can buy but can’t sell.
- Scanner discrepancies: Lightweight checks occasionally show “no issues,” while deeper audits have reported problems or low safety scores. Conflicting outputs are common with risky, newly deployed contracts and should push you to dig deeper.
- Illiquidity and inconsistent market data: Snapshots have shown extremely low liquidity and inconsistent market cap/volume figures across dashboards—classic hallmarks of manipulation, wash trading, or just very thin markets.
- Recent or short‑lived pairs: Observed pairs appeared newly created or short‑lived. New pools with unknown owners are higher risk, especially if trading is concentrated in one small pool.
If you’re new to these tools, start with BscScan to review holders, owner privileges, and recent transactions, and use multiple risk checkers (e.g., Token Sniffer, honeypot detectors) to cross‑validate findings.
Market structure and trading notes
Some third‑party dashboards reference Uniswap V2‑style liquidity pools for WLOOP and even show WLOOP/WETH pairings; however, links and chain labels are inconsistent. On BNB Chain, most trading of BEP‑20 tokens typically happens on Uniswap V2‑style DEXs such as PancakeSwap clones. Treat any single dashboard’s pairing data as tentative until you confirm:
- The pool address is actually on BNB Chain.
- The token address in the pair matches exactly: 0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732.
- There is meaningful, verifiable liquidity and recent two‑way trading (buys and sells).
If you’re purely monitoring or comparing quotes, you can use:
- BscScan token page: https://bscscan.com/token/0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732
- ApeSpace dashboard: https://apespace.io/bsc/0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732
- GeckoTerminal (BSC): https://www.geckoterminal.com/bsc
If you insist on interacting, always route through trusted interfaces, confirm slippage/tax settings, and start with dust‑sized tests. For discovery and monitoring, you can also reference the WLOOP page on gmgn.ai: https://gmgn.ai/eth/token/fV1R5sZ5_0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732
Important: Due to strong honeypot warnings, the safer choice is to avoid trading altogether.
Why the contradictory readings happen
- Evasive token logic: Malicious contracts often hide sell restrictions behind timing windows, per‑address flags, or owner‑controlled toggles. That can fool simpler scanners until a specific condition is met.
- Thin or recycled liquidity: Moving small amounts of liquidity across new pools can create the illusion of activity without allowing meaningful exits.
- Name confusion: Borrowing a known brand (e.g., “Workloop AI”) can trick casual checks and mislead dashboards that auto‑ingest project labels.
Step‑by‑step verification checklist
Use this checklist before you touch any funds:
Confirm the chain and address
- Chain should be BNB Smart Chain. Address must be exactly 0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732 on BSC.
- Check BscScan’s “Contract” tab for verified source, owner privileges, and any functions that can block sells or change fees: https://bscscan.com/token/0xc880245a69b4edd0b8b60fb8c8e2468d5a4d8732
Cross‑check risk scanners
- Use multiple tools (e.g., Token Sniffer, honeypot detectors, and contract analyzers). Don’t rely on a single “green” result if others show red flags.
Inspect liquidity and pool ownership
- Verify pool address and LP token ownership/locking. If the deployer controls the LP or can pull it at will, the rug risk is high. Tools like GeckoTerminal can help visualize pools on BSC: https://www.geckoterminal.com/bsc
Test real sellability with dust
- If you still proceed (not recommended), buy the smallest possible amount, then immediately try to sell a slice. If it fails or fees are extreme, stop.
Look for authentic project assets
- Does the supposed “Workloop AI” token link back to an official site that acknowledges the token? As of now, https://workloop.ai/ does not. Lack of official confirmation is a major red flag.
Monitor for known scam patterns
- Review regulator scam trackers (e.g., California DFPI’s listings: https://dfpi.ca.gov/consumers/crypto/crypto-scam-tracker/) and read primers on common BNB Chain scams and LP traps.
For additional context on verifying BNB Chain tokens before trading, see our guide: https://meme-insider.com/en/article/wcm-on-bnb-chain-what-we-know-about-0xa4a02d-and-how-to-verify-before-you-trade/
Context: BNB Chain security history
BNB Chain has seen high‑profile incidents (e.g., the 2022 BSC Token Hub exploit highlighted in the BNB Chain blog: https://www.bnbchain.org/en/blog/bnb-chain-ecosystem-update). While not directly related to WLOOP, it underscores the need to double‑check bridges, contract permissions, and pool controls—especially on new or opaque tokens.
Bottom line
- Multiple independent warnings, plus unclear ties to the Workloop AI brand, put WLOOP squarely in “extreme caution” territory.
- Inconsistent market data, very low liquidity, and honeypot‑like behavior are serious red flags.
- The risk‑managed move is to avoid interaction. If you still engage, use the checklist above, confirm two‑way trading in real time, and never risk funds you can’t afford to lose.
Disclaimer: This article is for informational purposes only and is not financial advice. Cryptoassets are highly volatile and can be subject to fraud or manipulation. Always do your own research and consult a licensed professional before investing.