Geodnet Token Security: GEOD Scan Results
Introduction to Geodnet Token
Geodnet Token (GEOD) is currently drawing attention, prompting us to run it through our RugShield security scanner to provide an assessment of its security.
What the scan found
The scan of Geodnet Token revealed a trust score of 52, which corresponds to a trust grade of B. The scam probability is estimated at 48%. Notably, the honeypot signal is false, indicating no immediate signs of a honeypot trap. The buy and sell taxes are both 0%, suggesting no additional fees are imposed on transactions. The contract is mintable and freezable, but ownership has been renounced, and the contract source code is verified. The liquidity is relatively low at $46,217, with 0% of the tracked liquidity locked. There are 16,632 holders, but the top 10 holders control a significant 80.4% of the supply.
What this means for you
Considering the findings, potential investors should be aware of the risk factors associated with Geodnet Token. The ability to mint new tokens poses a risk of supply inflation, and the concentration of ownership among the top 10 holders could lead to significant price volatility. Additionally, the low liquidity depth and lack of locked liquidity are concerns. However, the verified contract source code and the large number of holders are positive signals. It is essential to weigh these factors when deciding whether to invest in GEOD.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the full live scan of Geodnet Token, visit the scan page. To scan other tokens, use our free RugShield scanner.