Is LAB Safe? What Our Security Scan of LAB Found
Introduction
The LAB token has a trust score of 75, a trust grade of A, and a scam probability of 25%, with the single most important risk factor being that the top 10 holders control 84.3% of the supply, indicating a potential lack of decentralization. Notably, it's currently trending, drawing attention from potential investors.
What the scan found
Our on-chain security scan of the LAB token, which operates on the BNB Chain (BEP-20) with the address 0x7ec43cf65f1663f820427c62a5780b8f2e25593a, revealed several key findings. The token has a trust score of 75 and a trust grade of A, suggesting a relatively high level of security. However, there is a 25% scam probability, which indicates some level of risk. The scan also detected no honeypot signal, and there are no taxes on buying or selling the token. Additionally, the token is not mintable and not freezable, with ownership renounced and the contract verified. The liquidity is $30,860, with 0% of tracked liquidity locked, and there are 33,420 holders. The top 10 holders control 84.3% of the supply.
What this means for you
For someone considering investing in the LAB token, these findings have significant implications. On the positive side, the lack of a mint function and the verification of the contract source code are reassuring signs of the token's security. The large number of holders is also a positive signal. However, the high concentration of ownership among the top 10 holders and the low liquidity depth are risk factors that should be carefully considered. The fact that only 0% of tracked liquidity is locked and the low liquidity depth of $30,860 are also concerns. It's essential to weigh these factors and consider the full token security checklist before making any investment decisions.
This analysis is based on automated on-chain security scans and should not be considered as financial advice. For the most current and detailed information, please refer to the full live scan of the LAB token. To scan other tokens for security risks, you can use our free scanner tool.