COTI Token Security: Trust Score 85
Introduction
The COTI Token has a trust score of 85, a scam probability of 15%, and an AA trust grade, with a significant risk factor being its ability to mint new tokens, which poses a supply inflation risk. The token's contract source code is verified and has a reasonable holder distribution. It's worth noting that COTI Token is currently trending, drawing attention from investors and security analysts alike.
What the scan found
Our on-chain security scan found that the COTI Token has a trust score of 85 and a trust grade of AA, indicating a relatively high level of security. The scan also found that the token has a scam probability of 15%, which is relatively low. Additionally, the scan found that the token's contract source code is verified, which is a positive signal. The token has a buy tax of 0% and a sell tax of 0%, and its contract is mintable but not freezable. The ownership of the contract has been renounced, which can be seen as a positive signal. The token has a liquidity of $73,549 and a holder count of 29,615, with the top 10 holders owning 45.2% of the tokens.
What this means for you
For someone considering investing in the COTI Token, the scan's findings suggest that the token has a relatively high level of security, but also poses some risks. The ability to mint new tokens poses a supply inflation risk, which could negatively impact the token's value. On the other hand, the verified contract source code and reasonable holder distribution are positive signals. It's essential to consider these factors and do your own research before making any investment decisions. For more information on how to evaluate token security, you can refer to the full token security checklist.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the full live scan of the COTI Token, you can visit the scan page. You can also use our free token security scanner to evaluate the security of other tokens.