Is VIRTUAL Safe? Virtual Protocol Security Scan
Introduction
The trust score of Virtual Protocol is 90 with a trust grade of AAA, and a scam probability percentage of 10, with the most significant risk factor being that the top 10 holders control 90.3% of the supply. Notably, Virtual Protocol is currently trending, drawing attention from potential investors.
What the scan found
Our on-chain security scan found that Virtual Protocol, with the symbol VIRTUAL, is an Ethereum-based ERC-20 token. The token's contract address is 0x44ff8620b8ca30902395a7bd3f2407e1a091bf73. The scan revealed a trust score of 90 and a trust grade of AAA, indicating a relatively high level of trustworthiness. The scam probability percentage is 10, which is relatively low. The honeypot signal is false, indicating that the contract does not have a honeypot function. The buy and sell tax percentages are both 0, meaning there are no taxes on buying or selling the token. The contract is not mintable and not freezable, and the ownership has been renounced. The contract source code is verified, which is a positive signal. The liquidity in USD is $100,783, and the liquidity locked percentage is 0. There are 32,956 holders, and the top 10 holders control 90.3% of the supply.
What this means for you
For someone considering investing in Virtual Protocol, the high trust score and trust grade are positive indicators. However, the fact that the top 10 holders control 90.3% of the supply is a significant risk factor, as it could lead to market manipulation. The absence of a mint function and the verification of the contract source code are also positive signals. The relatively low scam probability percentage and the lack of honeypot signal are also reassuring. On the other hand, the fact that only 0% of tracked liquidity is locked is another risk factor. It is essential to consider these factors and do your own research before making any investment decisions. For more information on token security, you can refer to the full token security checklist.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For the full live scan of Virtual Protocol, you can visit the scan page. You can also use our free scanner tool at RugShield to check the security of other tokens.