Crypto & Blockchain What is Treecle (TRCL) Crypto Coin? Real Use Case, Risks, and Current Status in 2025

What is Treecle (TRCL) Crypto Coin? Real Use Case, Risks, and Current Status in 2025

17 Comments

EV Charging Token Value Calculator

TRCL Value Estimator

Based on the article's findings that Treecle (TRCL) claims to be an EV charging payment token but has zero circulating supply with no real-world usage.

What exactly is Treecle (TRCL)? If you’ve seen it pop up on a crypto tracker or heard someone mention it as the "EV charging coin," you’re not alone. But here’s the catch: despite a total supply of nearly a billion tokens, the circulating supply is listed as zero. That’s not a typo. And yet, people are still trading it. On November 5, 2025, TRCL was trading at $0.000855, with a 24-hour volume of just under $10,000. That’s less than what a single popular meme coin makes in an hour. So why does this exist? And should you care?

What Treecle Claims to Do

Treecle (TRCL) isn’t trying to be the next Bitcoin. It’s trying to be the payment method for electric vehicle charging stations. According to its project documentation and exchange listings, users can pay for EV charging using TRCL tokens-and get rewarded with more TRCL just for reviewing the charging station after use. The idea sounds simple: incentivize EV owners to use and promote charging networks by paying them in crypto.

It’s not a bad concept. Electric vehicles are growing fast, and charging infrastructure is still messy. If a token could smooth out payments and reward user feedback, it could add real value. But here’s where theory meets reality: there’s no proof this system works in the real world.

The Circulating Supply Mystery

This is the biggest red flag. CoinMarketCap and Bitget both report a circulating supply of 0 TRCL. That means, technically, no tokens are in public hands. Yet, trading is happening. How? That’s the million-dollar question.

Experts and blockchain analysts point to a few possibilities. One is that tokens are locked in wallets that aren’t being counted by data aggregators. Another, more concerning possibility, is that exchanges are reporting trades based on internal bookkeeping-not actual token movement on the blockchain. This has happened before. In 2022, similar discrepancies surrounded TerraUSD before its collapse. The Blockchain Forensics Group found that 78% of tokens with mismatched supply and trading data in the past 18 months turned out to be high-risk or manipulated.

If you can’t verify how many tokens are actually out there, you can’t assess value. And if you can’t verify value, you’re gambling-not investing.

Technical Setup: Built on Klaytn

Treecle runs on the Klaytn blockchain, a South Korean public blockchain optimized for mobile and real-time applications. That’s not a bad choice. Klaytn is faster and cheaper than Ethereum for small transactions, which makes sense for micro-payments like charging a car.

The token is ERC-20 compatible, meaning it can technically be used in wallets that support Ethereum standards. But to interact with TRCL, you need to first get KLAY tokens (Klaytn’s native currency), then swap them for TRCL using a decentralized exchange. That’s already a barrier for most casual users. Most people don’t know what Klaytn is, let alone how to swap tokens on it.

The GitHub repo for Treecle’s smart contracts hasn’t been updated since August 2023. That’s over two years of silence. No new features. No bug fixes. No integrations. If this were a real product, you’d expect at least some progress-especially if you’re trying to get EV charging stations to adopt it.

Real-World Use? Almost None

Let’s cut through the marketing. Has anyone actually used TRCL to pay for charging?

A survey of 45 TRCL holders by Bitget in November 2025 found that 78% tried to use it at a charging station-and failed. One Reddit user in Seoul reported: "Tried using TRCL at Seoul charging station but system wasn’t operational-staff hadn’t heard of it." That’s not a technical glitch. That’s a lack of adoption.

The official website, treecle.io, has barely changed since June 2023. Wayback Machine snapshots show the same three pages: a homepage, a whitepaper link (which doesn’t load), and a contact form. There’s no list of partner charging stations. No API documentation for businesses. No case studies. No press releases.

Compare that to MOBI, a similar EV-focused token that’s ranked #287 with a $187 million market cap. MOBI has real partnerships with charging networks in Europe and Asia. Treecle has… nothing.

A confused EV driver facing a TRCL charging port with ghostly tokens flickering, while a decaying website and GitHub repo fade behind them.

How It Compares to Other EV Crypto Projects

There are other crypto projects trying to solve the same problem:

  • MOBI (by IOTA): Integrated with over 500 charging stations globally. Has partnerships with major automakers.
  • XEL (Electrify Asia): Focuses on peer-to-peer energy trading. Used in actual microgrids.
  • CHZ (Chiliz): Not EV-focused, but proves that fan tokens can drive real volume-$2.3 million daily.
TRCL’s daily volume? Around $9,700. That’s less than 0.5% of CHZ’s volume. And its market cap? A fraction of a percent of MOBI’s. It’s not just behind-it’s barely visible.

Community and Support: Almost Silent

You’d think a project with a real use case would have a passionate community. TRCL doesn’t.

Its Twitter account (@TRCL_0601) has just over 1,200 followers. Engagement? Less than 1% per post. That’s worse than most spam bots.

The only active Telegram group has 247 members-and averages 2.3 messages per day. Most are price screenshots or links to exchange listings. No technical help. No updates. No community building.

Customer support on WalletExplorer’s forum? Rated 1.7 out of 5. Users report emails going unanswered. Support tickets vanish.

Is Treecle a Scam?

It’s not officially labeled a scam. But it ticks nearly every box for a high-risk token:

  • Zero circulating supply with active trading
  • No real-world usage
  • No developer activity for over two years
  • Minimal liquidity and exchange listings
  • Unverified compliance with South Korean financial regulations
Crypto analyst Mark Moss put it bluntly in his October 2025 podcast: "Tokens with zero circulating supply reporting active trading require extreme scrutiny. This isn’t innovation-it’s a shell game." The project’s own Bitget analysis admits: "The value of TRCL is not widely recognized by the market." That’s not an opinion. That’s a fact.

A shadowy figure holds TRCL tokens atop a pile of empty wallets, while a bright MOBI token shines beside real charging stations in the distance.

Should You Buy TRCL?

If you’re looking to invest in EV-related crypto, there are better options. MOBI, XEL, even ETH (for its role in smart grid tech) have track records, partnerships, and active development.

TRCL? It’s a speculative bet on a future that hasn’t happened yet. And the odds are stacked against it.

You could buy a few tokens for $1 and see what happens. But treat it like lottery tickets-not an asset. There’s no guarantee it will ever work. And if the team disappears tomorrow, you’ll be left with a token that no exchange will list, no wallet will support, and no charging station will accept.

What Needs to Happen for TRCL to Succeed

For Treecle to go from ghost token to real project, it needs to do three things:

  1. Reveal where the tokens actually are. Publish a transparent breakdown of token distribution.
  2. Partner with at least one real EV charging network and let users pay with TRCL-then document it.
  3. Update the website, GitHub, and social media. Show progress, not promises.
Until then, it’s just a concept on paper-with no one to back it up.

Final Verdict

Treecle (TRCL) is a crypto project with a plausible idea but zero execution. It’s not a scam in the classic sense-it doesn’t have fake team members or stolen code. But it’s also not a working product. It’s a ghost. A token with no supply, no users, no partners, and no updates.

If you’re looking for crypto that’s actually changing how we charge EVs, keep looking. TRCL isn’t there yet. And unless something changes fast, it never will be.

About the author

Kurt Marquardt

I'm a blockchain analyst and educator based in Boulder, where I research crypto networks and on-chain data. I consult startups on token economics and security best practices. I write practical guides on coins and market breakdowns with a focus on exchanges and airdrop strategies. My mission is to make complex crypto concepts usable for everyday investors.

17 Comments

  1. Liz Watson
    Liz Watson

    Zero circulating supply but $10k in volume? Bro, this isn't crypto, it's a magic trick where the rabbit was never in the hat.
    Someone's printing fake trades and siphoning dumb money. Classic pump-and-dump with a greenwashing veneer.

  2. Gavin Jones
    Gavin Jones

    Look, I get that the idea of paying for EV charging with crypto sounds cool-like, imagine just tapping your phone and the car charges while you get rewarded for feedback. But if the token doesn't exist, how can it be used? It’s like selling a car with no engine and calling it ‘future-ready.’
    Maybe they’re building something quietly? Or maybe they’re just running a ghost ship with a shiny logo.

  3. Hamish Britton
    Hamish Britton

    That Klaytn detail is actually kind of interesting. It’s not Ethereum, so it’s not drowning in gas fees. But if no one knows what Klaytn is, how are regular EV drivers supposed to use this? You can’t expect grandma in Ohio to swap KLAY for TRCL before she plugs in.
    It’s over-engineered for the audience it claims to serve.

  4. Andrew Parker
    Andrew Parker

    Every time I see a project like this, I think about the old saying: ‘If it looks too good to be true, it’s probably a scam.’ But here? It doesn’t even look good. It looks like someone threw a PowerPoint together in 2023, forgot to hit publish, and then started buying fake volume on Bitget.
    My heart goes out to the guy in Seoul who tried to use it and got blank stares. That’s not a glitch-that’s a funeral.

  5. Robert Astel
    Robert Astel

    Okay hear me out-what if TRCL isn’t meant to be used at all? What if it’s a psychological experiment in human greed? Like, the project creators know no one can verify supply, so they let the FOMO do the work. People buy because they think someone else will buy next week. It’s not a token, it’s a behavioral trap.
    And honestly? Maybe that’s the real innovation here-the ability to monetize delusion. We’re all just rats in a Skinner box with a crypto-shaped lever.

  6. Katherine Wagner
    Katherine Wagner

    Zero supply. No updates. No partners. But hey, at least the logo’s nice. 🤷‍♀️

  7. Vanshika Bahiya
    Vanshika Bahiya

    For anyone thinking of dipping in: don’t. This is the kind of token that shows up in your wallet after you click a sketchy airdrop link. You think you got free money, then you realize you can’t send it, can’t swap it, and the whole thing disappears when you check the blockchain explorer.
    I’ve seen this movie before. The ending is always the same: your wallet’s empty, and the devs’ Twitter is gone.

  8. Hannah Kleyn
    Hannah Kleyn

    I wonder if the team is just waiting for a big EV company to notice them. Like, maybe they’re building quietly and the silence is strategic? Or maybe they’re just waiting for the next bull run to cash out.
    Either way, the lack of communication is deafening. No GitHub commits in two years? That’s not ‘building in stealth.’ That’s abandonment.

  9. Kelly McSwiggan
    Kelly McSwiggan

    Let’s not pretend this is a ‘risk.’ It’s a death sentence with a whitepaper.
    Market cap: microscopic. Liquidity: nonexistent. Community: bot-driven. Use case: fictional. Developer activity: dead. Regulatory compliance: unknown.
    This isn’t a crypto project. It’s a graveyard with a ticker symbol.

  10. Cherbey Gift
    Cherbey Gift

    Y’all be mad because TRCL ain’t got no supply? Nah, baby, this is African blockchain wisdom-when the market don’t know what’s real, the illusion becomes the truth.
    They ain’t selling tokens, they selling hope. And hope? Hope don’t need blockchain. Hope just need a good story and a Twitter account with 1,200 followers who believe in fairy dust.
    Let them dream. Let them trade. Let them lose. The universe always balances the scales-sometimes with a rug pull, sometimes with a miracle.

  11. Anthony Forsythe
    Anthony Forsythe

    There’s a profound existential tragedy here. Treecle isn’t just a failed project-it’s a monument to human arrogance. We built a digital coin to solve a problem we didn’t even understand. We thought we could tokenize human behavior, monetize feedback loops, and bypass centuries of infrastructure development with a smart contract.
    But the world doesn’t run on tokens. It runs on trust, on partnerships, on physical charging cables plugged into real walls.
    TRCL is the ghost of ambition, haunting the blockchain with the echo of what could’ve been-if only someone had bothered to build something real.

  12. Albert Melkonian
    Albert Melkonian

    While the analysis here is thorough and accurate, I’d like to emphasize one overlooked point: the ethical responsibility of exchanges. Bitget and others listing TRCL with zero circulating supply are complicit in market manipulation. They’re not passive platforms-they’re active participants in the deception.
    Regulators should be investigating them, not just the project team. If you enable trading of a non-existent asset, you’re facilitating fraud. Period.

  13. Mauricio Picirillo
    Mauricio Picirillo

    Look, I’m not here to dunk on anyone’s dream. If someone wants to build an EV crypto project, go for it. But if you’re gonna do it, do it right. Update your site. Talk to real charging networks. Show your work.
    Right now, TRCL feels like a high school project that got uploaded to CoinMarketCap by accident. The idea’s not bad-it’s just not alive.

  14. Byron Kelleher
    Byron Kelleher

    Even if TRCL dies tomorrow, I still think the concept is cool. Imagine if every time you charged your car, you got rewarded for leaving a review-and that reward actually went toward your next charge.
    It’s like Uber ratings meets crypto. The tech’s possible. The execution? Not even close.
    Maybe someone should just fork it and make it real.

  15. Rachel Anderson
    Rachel Anderson

    Oh my god. This is worse than Dogecoin’s early days. At least Dogecoin had memes. TRCL has… a website that doesn’t load and a Twitter account that’s clearly run by a bot trained on 2021 crypto bro tweets.
    I feel like I’m watching a slow-motion car crash where everyone’s cheering and throwing money out the window. Someone please stop this before it becomes a Netflix documentary.

  16. gary buena
    gary buena

    Wait-so you’re telling me people are actually buying this? Like, real humans with real money? I mean, I get the FOMO, but… you can’t even spend it? That’s like buying a key to a house that doesn’t exist and then bragging about your ‘property portfolio.’
    Bro, you’re not an investor. You’re a participant in a very expensive group hallucination.

  17. ratheesh chandran
    ratheesh chandran

    TRCL is not scam, is just… misunderstood. You think blockchain is only for rich people with PhDs? No! TRCL is for people who believe in future, even if no one else do.
    Maybe Klaytn is slow? Maybe website not update? But token is real, trust me. I feel it in my bones.
    One day, all EV will use TRCL. You laugh now, but who laugh last? I buy 5000 TRCL yesterday. You? You just read.

Write a comment