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Caution

The Solana Faucet FAUCET 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 Solana security analyst, I've identified potential risks with the token FAUCET. The top 10 holders control a significant 83.3% of the circulating supply, which could lead to market manipulation. Additionally, the token is only 4 hours old, lacking a proven track record. This combination of factors warrants caution when considering 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 83.3% of circulating supply

  • Liquidity is meaningful

    $5,958 of liquidity in the main pool

  • Token has track record

    4 hours old

  • Project has external links

    Linked: Website, X

Token metadata

Name
The Solana Faucet
Symbol
FAUCET
Holders
164
Market cap
$7,170
Age
4 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.

The Solana Faucet (FAUCET) risk scan, Caution | ManagerNest