Is VIRTUAL Safe? Security Scan of Virtual Protocol
Introduction
The Virtual Protocol token has a trust score of 90, a trust grade of AAA, and a scam probability of 10%, with a significant risk factor being that the top 10 holders control 90.4% of the supply. Notably, it's currently trending, drawing attention from potential investors.
What the scan found
Our on-chain security scan found that the Virtual Protocol token, with the symbol VIRTUAL, is an Ethereum-based ERC-20 token. The contract address is 0x44ff8620b8ca30902395a7bd3f2407e1a091bf73. The scan revealed a trust score of 90 and a trust grade of AAA, indicating a relatively high level of security. However, there is a 10% scam probability. The honeypot signal is false, and there are no buy or sell taxes. The contract is not mintable or freezable, and ownership has been renounced. The contract source code is verified, which is a positive signal. The liquidity is $107,438, but none of it is locked, which is a risk factor. There are 32,952 holders, but the top 10 holders control 90.4% of the supply.
What this means for you
For someone considering investing in the Virtual Protocol token, the high trust score and verified contract source code are positive signals. However, the significant control of the top 10 holders and the lack of locked liquidity are risk factors that should be carefully considered. It's essential to weigh these factors and do your own research before making any investment decisions. For a comprehensive evaluation, you can refer to the full token security checklist to understand what to look for in a token's security.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the most up-to-date information, you can view the full live scan of the Virtual Protocol token. Additionally, you can use our free token security scanner to evaluate the security of other tokens.