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Looks safe

Degen Coin DEGEN risk scan

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Score

88/100

safe

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 reviewed the token DEGEN. While it appears safe with a score of 88/100, there's a significant risk to consider: the top 10 holders control 89.3% of the circulating supply. This concentration of ownership can lead to market manipulation and volatility, making it a high-risk investment for individual buyers.

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 89.3% of circulating supply

  • Liquidity is meaningful

    $12,785 of liquidity in the main pool

  • Token has track record

    46 days old

  • Project has external links

    Linked: Website, X, Telegram

Token metadata

Name
Degen Coin
Symbol
DEGEN
Holders
3,080
Market cap
$12,755
Age
46 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.

Degen Coin (DEGEN) risk scan, Looks safe | ManagerNest