useless magic internet coin MAGIC 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 token MAGIC. The top 10 holders control nearly 90% of the circulating supply, which can lead to market manipulation. Additionally, the token has very low liquidity and is extremely new, with only 7 hours of track record. This makes it a high-risk investment.
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 89.7% of circulating supply
Liquidity is meaningful
$3,943 of liquidity in the main pool
Token has track record
7 hours old
Project has external links
Linked: X
Token metadata
- Name
- useless magic internet coin
- Symbol
- MAGIC
- Holders
- 487
- Market cap
- $4,786
- Age
- 7 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.