Is GEOD Safe? Geodnet Token Security Scan
Introduction
The Geodnet Token has a trust score of 52, a trust grade of B, and a scam probability of 48%, with a significant risk factor being the top 10 holders controlling 81.1% of the supply and the contract allowing for minting of new tokens. The Geodnet Token is currently trending, and our on-chain security scan provides insight into its security.
What the scan found
Our scan found that the Geodnet Token has a trust score of 52 and a trust grade of B, indicating a moderate level of trust. The scam probability is 48%, which is relatively high. The contract does not have a honeypot signal, and there are no buy or sell taxes. The contract is mintable and freezable, but ownership has been renounced, and the contract source code is verified. The liquidity is $35,429, with 0% of tracked liquidity locked, and there are 16,688 holders. However, the top 10 holders control 81.1% of the supply.
What this means for you
For someone considering the Geodnet Token, the high scam probability and the significant control of the top 10 holders are significant risk factors. The ability of the contract to mint new tokens also poses a risk of supply inflation. On the other hand, the verification of the contract source code and the large number of holders are positive signals. It is essential to carefully evaluate these factors before making any decisions.
This 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 of the Geodnet Token. You can also use our free scanner to evaluate the security of other tokens. To learn more about token security, refer to the full token security checklist.