Flying Tulip FT Security Scan Results
Introduction
The Flying Tulip token has a trust score of 52, a trust grade of B, and a scam probability of 48%, with the most significant risk being that top 10 holders control 99.1% of the supply. Notably, it is currently trending, drawing attention from potential investors.
What the scan found
Our on-chain security scan revealed that the Flying Tulip token, with the symbol FT, is an ERC-20 token on the Ethereum chain, with the address 0x5dd1a7a369e8273371d2dbf9d83356057088082c. The trust score is 52, and the trust grade is B, indicating a moderate level of trust. The scam probability is 48%, which is relatively high. The honeypot signal is false, meaning there is no honeypot detected. There are no buy or sell taxes, and the token is not mintable. However, it is freezable, and ownership has not been renounced. The contract source code is verified, which is a positive signal. The liquidity is $17,917, with 0% of tracked liquidity locked, and there are 727 holders. The top 10 holders control 99.1% of the supply, which is a significant risk factor.
What this means for you
Considering the findings, potential investors should be cautious due to the high scam probability and the fact that top 10 holders control nearly the entire supply. The lack of liquidity locking and the ability of the contract owner to pause transfers are also significant risks. On the other hand, the verified contract source code and the absence of a mint function are positive signals. It is essential to weigh these factors carefully before making any investment decisions.
This analysis is based on automated on-chain data and should not be considered as financial advice. For more information, please visit the full live scan of the Flying Tulip token. To learn more about token security and how to protect yourself from potential scams, refer to the full token security checklist. You can also use our free scanner tool to check the security of other tokens.