Is the $NATRO token still trading?
Technically yes — the SPL token on Solana exists (mint authority is None, freeze authority is None) and the pump_swap AMM pool is live. In practice the market is effectively dead: market cap is ≈$36 as of the case-file filing, DexScreener shows zero active pairs (auto-hidden under their liquidity threshold), and the last trade was ~25 May 2026.
Three different concepts get conflated here. Separating them:
1. Does the token still exist on Solana?
Yes. Blockchain state is immutable — a token, once minted, cannot be deleted by anyone. The $NATRO mint at 9TmTw3B4WVzfZY15Cf28uK3vk32QUixCYcM9W1RrtdiF is initialized, has total supply of 1,000,000,000, and is not banned by Pump.fun (is_banned: false). Critically:
- Mint authority: None — no new tokens can be issued. - Freeze authority: None — holders cannot be frozen.
These settings are typical for fair-launched memecoins and were not modified post-launch.
2. Is there a market to buy/sell on?
Functionally no. The Pump.fun bonding curve graduated, meaning liquidity migrated to the AMM pool 7HkXPkKFJhiY9fqUNWbZ5YufKRVNAcWdisKR8FtTijaS. After graduation:
- Real SOL reserves: 0 - Real token reserves: 0 - Market cap: ≈$36 (per Pump.fun API at the time of this filing — down from a peak above $200K at launch) - Last trade: ≈25 May 2026 — followed by several days of zero volume.
DexScreener's API returns zero pairs for the token because their public feed auto-hides pools below a liquidity threshold. The pool still technically exists; aggregators have stopped listing it because there is essentially no active market.
3. Did the team withdraw liquidity?
No — they cannot. At Pump.fun graduation, LP tokens of the migrated pool are automatically burned by the protocol, removing the team's technical ability to drain the pool. The collapse from a peak above $200K to ≈$36 was driven by holders selling in an open AMM, not by a contract-level rug-pull.
This distinction matters editorially: the team did not commit the specific act their own FAQ ("What stops you from rugging?") was answering. Instead, after the launch reached the protocol-enforced threshold of legitimacy, the team chose not to engage with the holders who had taken them at their word.