Is VIRTUAL Safe? What Our Security Scan of Virtual Protocol Found
Introduction to Virtual Protocol
Virtual Protocol (VIRTUAL) is currently drawing attention, prompting us to run it through our RugShield security scanner to provide an assessment of its security.
What the scan found
Our scan found that Virtual Protocol has a trust score of 90, corresponding to a trust grade of AAA, and a scam probability of 10%. The honeypot signal is false, indicating no detected honeypot risks. There are no buy or sell taxes associated with this token. Additionally, the token is not mintable and not freezable, with ownership renounced and the contract source code verified. The liquidity is $176,771, with 0% of tracked liquidity locked. There are 32,849 holders, but the top 10 holders control 90.4% of the supply.
What this means for you
The high concentration of holders in the top 10, controlling 90.4% of the supply, is a significant risk factor. However, positive signals include the lack of a mint function, verified contract source code, substantial liquidity depth, and a sizable number of holders. These findings should be considered when evaluating the security of Virtual Protocol.
This analysis is based on automated on-chain data and should not be taken as financial advice. For the full live scan of Virtual Protocol, visit the scan page. You can also use our free RugShield scanner to check the security of other tokens.