Fetch FET Security Scan Results
Introduction
Fetch FET has a trust score of 47, a trust grade of C, a scam probability of 53%, and a significant risk factor is the contract's ability to mint new tokens, which poses a supply inflation risk. The token is currently trending, and our scan provides an overview of its security.
What the scan found
The scan found that Fetch FET has a trust score of 47 and a trust grade of C. The scam probability is 53%, and there is no honeypot signal detected. The buy and sell taxes are 0%, and the contract is mintable and freezable. The ownership has been renounced, and the contract source code is verified. The liquidity is $14,473, with 0% of tracked liquidity locked. There are 169,810 holders, with the top 10 holders owning 47.3% of the tokens.
What this means for you
The ability of the contract to mint new tokens poses a significant risk of supply inflation, which could negatively impact the token's value. Additionally, the low liquidity depth and the fact that only 0% of tracked liquidity is locked are also risk factors. However, the verification of the contract source code and the reasonable holder distribution are positive signals. It is essential to consider these factors when deciding whether to invest in Fetch FET.
Our analysis is based on automated on-chain analysis and should not be considered as financial advice. For more information, please visit the full live scan or use our free scanner to check the security of other tokens. You can also refer to the full token security checklist for a comprehensive overview of the factors to consider when evaluating token security.