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Looks safe

The Ascending Penguin Ascend risk scan

HKHBrJGc1Qdp2xe8X9u5ofGno5bUiZAsrn7J3mfypump

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 potential buyer of the Ascend token, I want to highlight a key risk. The token's distribution is highly concentrated, with the top 10 holders controlling over 72% of the circulating supply. This means that a small group of individuals have significant influence over the token's value and can potentially manipulate the market.

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 72.3% of circulating supply

  • Liquidity is meaningful

    $23,888 of liquidity in the main pool

  • Token has track record

    1 days old

  • Project has external links

    Linked: Website, X

Token metadata

Name
The Ascending Penguin
Symbol
Ascend
Holders
731
Market cap
$94,417
Age
1 days
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 Ascending Penguin (Ascend) risk scan, Looks safe | ManagerNest