Is RNDR Safe? Render Token Security Scan
Introduction
The Render Token has a trust score of 85, a trust grade of AA, a scam probability of 15%, and the most significant risk factor is that the top 10 holders control 93.7% of its supply, which is a notable concern for potential investors, and it's currently drawing attention as a trending token.
What the scan found
Our on-chain security scan found that Render Token, with the symbol RNDR, is an Ethereum-based ERC-20 token. The token's contract address is 0x6de037ef9ad2725eb40118bb1702ebb27e4aeb24. The scan revealed a trust score of 85 and a trust grade of AA, indicating a relatively high level of trustworthiness. However, there is a 15% scam probability, which is a notable risk. The honeypot signal is false, indicating that the token is not a honeypot scam. The buy and sell taxes are both 0%, and the token is not mintable or freezable. The ownership of the contract has been renounced, and the contract source code is verified. The liquidity is $201,536, with 0% of tracked liquidity locked. There are 92,907 holders, but the top 10 holders control 93.7% of the supply.
What this means for you
For someone considering investing in Render Token, the high concentration of ownership among the top 10 holders is a significant risk factor. This could potentially lead to market manipulation. On the other hand, the verified contract source code, the lack of minting capabilities, and the substantial liquidity depth are positive signals. It's essential to weigh these factors carefully before making any investment decisions. For a more comprehensive understanding of token security, refer to the full token security checklist.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the most up-to-date information, visit the full live scan of Render Token. To scan other tokens, use our free scanner.