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 evaluated the token DEGEN and found it to be relatively safe. However, there's a significant risk: the top 10 holders control nearly 90% of the circulating supply, which means a small group of individuals have a disproportionate amount of power over the token's value. This concentration of ownership can lead to market volatility and potential manipulation.
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
$12,334 of liquidity in the main pool
Token has track record
53 days old
Project has external links
Linked: Website, X, Telegram
Token metadata
- Name
- Degen Coin
- Symbol
- DEGEN
- Holders
- 3,030
- Market cap
- $12,538
- Age
- 53 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.