Pudgy Penguins PENGU Security Review
Introduction
The trust score for Pudgy Penguins is 75, with an A grade, a scam probability of 25%, and a significant risk factor being that the top 10 holders control 50.6% of the supply, which is currently trending among cryptocurrency enthusiasts.
What the scan found
Our on-chain security scan revealed several key points about Pudgy Penguins. The token has a trust score of 75 and a trust grade of A, indicating a relatively high level of security. The scam probability is 25%, which is a notable risk. The honeypot signal is false, indicating that the contract does not have any honeypot functions. 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 $22,247, with 0% of tracked liquidity locked. There are 1,544 holders, with the top 10 holders controlling 50.6% of the supply.
What this means for you
For someone considering Pudgy Penguins, the high trust score and A grade are positive signals, indicating a relatively secure contract. However, the significant control of the top 10 holders and the low liquidity depth are notable risk factors. The lack of a mint function and the verified contract source code are also positive signals. It is essential to consider these factors and do your own research before making any decisions. You can find more information on the full token security checklist to help you evaluate the security of Pudgy Penguins.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For the full live scan, visit the scan page for Pudgy Penguins. You can also use our free scanner tool to evaluate the security of other tokens.