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Caution

SimpleX Chat SimpleX risk scan

4LEm6r3DNkXxtC52JLRcymTW6CKE59KnLFMnsLdqpump

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 SimpleX, I want to highlight some concerns. The token's distribution is heavily concentrated among a small group of top holders, who control over 74% of the circulating supply. Additionally, the token is extremely new, with only 10 hours of history. This raises questions about its stability and long-term viability.

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 74.2% of circulating supply

  • Liquidity is meaningful

    $18,237 of liquidity in the main pool

  • Token has track record

    10 hours old

  • Project has external links

    Linked: Website, X

Token metadata

Name
SimpleX Chat
Symbol
SimpleX
Holders
415
Market cap
$58,425
Age
10 hours
Project linksWebsiteX / Twitter

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.

SimpleX Chat (SimpleX) risk scan, Caution | ManagerNest