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Caution

Covenant $CVNT risk scan

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Score

76/100

caution

Heuristic score from on-chain checks against this SPL token. Higher is safer. Run the live tool for the most current results.

AI summary

As a potential buyer of $CVNT, I want to highlight the risks. The token's distribution is heavily concentrated among a small group of top holders, controlling 72.6% of the circulating supply. Additionally, the token is extremely new, having been created just 3 hours ago, which raises concerns about its stability and potential for manipulation.

On-chain checks

  • Mint authority revoked

    Supply is fixed forever

  • Freeze authority revoked

    No one can freeze holder accounts

  • Holder distribution healthy

    Top 10 holders control 72.6% of circulating supply

  • Liquidity is meaningful

    $25,224 of liquidity in the main pool

  • Token has track record

    3 hours old

  • Project has external links

    Linked: Website, X, Telegram

Token metadata

Name
Covenant
Symbol
$CVNT
Holders
245
Market cap
$102,894
Age
3 hours

This report is for informational purposes only and does not constitute financial, legal, or investment advice. Cryptocurrency and digital assets are highly speculative. Always conduct your own research and consult a qualified professional. Users are responsible for complying with all laws in their jurisdiction. ManagerNest does not guarantee any outcome from trading or holding the token described above.

Covenant ($CVNT) risk scan, Caution | ManagerNest