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Caution

PENNY PENNY risk scan

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Score

64/100

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 with the PENNY token. The top 10 holders control 97.5% of the circulating supply, which could lead to a concentration of power and potential manipulation. Additionally, the token has very little liquidity and is extremely new, with only 8 hours of history. This suggests a high level of uncertainty and risk.

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 97.5% of circulating supply

  • Liquidity is meaningful

    $3,233 of liquidity in the main pool

  • Token has track record

    8 hours old

  • Project has external links

    Linked: Website, X

Token metadata

Name
PENNY
Symbol
PENNY
Holders
155
Market cap
$1,892
Age
8 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.

PENNY (PENNY) risk scan, Caution | ManagerNest