Is CARDS Safe? What Our Security Scan of Collector Crypt Found
Introduction to Collector Crypt
Collector Crypt, or CARDS, 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 Collector Crypt revealed a trust score of 85, with a corresponding trust grade of AA. The scam probability is calculated at 15%. Notably, the honeypot signal is false, indicating no honeypot trap detected. There are no taxes on buying or selling, at 0% for both. The contract is not mintable or freezable, and ownership has not been renounced. The liquidity depth is substantial at $3,221,202, with 16,725 holders. However, it's worth noting that the top 10 holders control 83% of the supply.
What this means for you
Considering the findings, the high trust score and AA grade suggest a level of security and legitimacy. The absence of a honeypot signal and the lack of taxes on transactions are positive indicators. The fixed supply, due to the mint authority being renounced, adds to the token's credibility. However, the concentration of supply among the top 10 holders and the ability for token metadata to be changed by an authority are risk factors to consider. The significant liquidity depth and the number of holders are positive signals, suggesting a level of market activity and community engagement.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the full live scan of Collector Crypt, visit the scan page. To scan other tokens for security, use our free RugShield scanner.