The Financial Nihilist DEGEN 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 security analyst, I've identified potential risks in the DEGEN token. The top 10 holders control a significant 96% of the circulating supply, which could lead to market manipulation. Additionally, the token has very low liquidity, making it difficult to buy or sell without affecting the price. This raises concerns about the token's stability and potential for price volatility.
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 96.0% of circulating supply
Liquidity is meaningful
$3,532 of liquidity in the main pool
Token has track record
5 days old
Project has external links
Linked: Website, X
Token metadata
- Name
- The Financial Nihilist
- Symbol
- DEGEN
- Holders
- 90
- Market cap
- $2,408
- Age
- 5 days
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.