LAB Token Security: What Our Scan Found
Introduction
The LAB token has a trust score of 75, grade A, and a scam probability of 25%, with a significant risk factor being that top 10 holders control 61.4% of the supply. The scan also found the contract source code is verified and there are 33,918 holders. Notably, LAB is currently trending, drawing attention from potential investors.
What the scan found
Our on-chain security scan of the LAB token found several key points. The token has a trust score of 75 and a trust grade of A, indicating a relatively high level of security. However, there is a 25% scam probability, which should be considered. The honeypot signal is false, meaning the contract does not appear to be designed to trap investor funds. There are no buy or sell taxes, and the contract is not mintable or freezable. The ownership of the contract has been renounced, and the contract source code is verified. The liquidity is $21,171, with 0% of tracked liquidity locked. There are 33,918 holders, but the top 10 holders control 61.4% of the supply.
What this means for you
For someone considering investing in the LAB token, these findings have important implications. On the positive side, the verified contract source code and large number of holders are good signs. However, the high concentration of ownership among the top 10 holders and the low liquidity depth are significant risk factors. The fact that the contract is not mintable and ownership has been renounced are also positive signals. It is essential to carefully 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 financial advice. For the full live scan of the LAB token, visit the scan page. To scan other tokens and stay safe from potential rug pulls, use our free token security scanner.