Is CRO Safe? What Our Security Scan of CRO Found
Introduction
The trust score for CRO is 75, with a trust grade of A, and a scam probability of 25%, with the most significant risk being that the contract can mint new tokens, posing a supply inflation risk.
What the scan found
The scan of the CRO token, which is currently trending, found several key points: it has a trust score of 75 and a trust grade of A, with a scam probability of 25%. The honeypot signal is false, indicating no honeypot trap detected. There are no buy or sell taxes. The contract is mintable but not freezable, and ownership has been renounced. The contract source code is verified, which is a positive signal. The liquidity is $56,072, but none of it is locked, which is a risk factor. There are 345,073 holders, but the top 10 holders control 96.4% of the supply, which is another significant risk.
What this means for you
For someone considering investing in CRO, these findings are crucial. The ability to mint new tokens and the high concentration of ownership among the top 10 holders are significant risks. However, the verified contract source code and the sizable number of holders are positive signals. The lack of liquidity locking is also a concern. It's essential to weigh these factors carefully. This analysis is based on automated on-chain analysis and should not be considered as financial advice. For more information, see the full live scan and use our free scanner at CryptoRefuge tools to assess other tokens. Understanding the full token security checklist can also help in making informed decisions.