Pudgy Penguins PENGU Security Scan Results
Introduction
Pudgy Penguins has a trust score of 75, a trust grade of A, and a scam probability of 25%, with the top 10 holders controlling 50.3% of the supply, and it's currently drawing attention.
What the scan found
The on-chain security scan of Pudgy Penguins found that it has a trust score of 75 and a trust grade of A, indicating a relatively high level of trustworthiness. The scam probability is 25%, which is a notable risk factor. The honeypot signal is false, indicating that the contract does not have any honeypot functions. The buy and sell taxes are both 0%, and the contract is not mintable or freezable. The ownership has been renounced, and the contract source code is verified. The liquidity is $42,237, with 0% of tracked liquidity locked. There are 1,579 holders, with the top 10 holders controlling 50.3% of the supply.
What this means for you
The scan findings indicate that Pudgy Penguins has some positive signals, such as a verified contract source code and a significant number of holders. However, the high concentration of supply among the top 10 holders and the low liquidity depth are notable risk factors. The lack of mint function and the renounced ownership are also positive signals. It's essential to consider these factors when evaluating the token's security. This analysis is based on automated on-chain analysis and should not be considered as financial advice. For more information, please visit the full live scan or use our free scanner to evaluate other tokens. Additionally, you can review the full token security checklist to learn more about token security evaluation.