SIREN Token Security Scan Results
Introduction
The SIREN token has a trust score of 90, an AAA grade, and a 10% scam probability, with the top 10 holders controlling 83% of the supply being the most significant risk factor. Notably, SIREN is currently trending, drawing attention to its on-chain security.
What the scan found
Our on-chain security scan of the SIREN token, which operates on the BNB Chain (BEP-20) with the address 0x997a58129890bbda032231a52ed1ddc845fc18e1, found several key points. The token has a trust score of 90 and a trust grade of AAA, indicating a high level of security. The scam probability is 10%, which is relatively low. The honeypot signal is false, indicating that the contract does not have a honeypot function. 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 of the token is $5,451,835, with 0% of the tracked liquidity locked. The token has 70,970 holders, with the top 10 holders controlling 83% of the supply.
What this means for you
For someone considering the SIREN token, the high trust score and AAA grade are positive indicators of the token's security. However, the fact that the top 10 holders control 83% of the supply is a significant risk factor, as it could lead to price manipulation. The verified contract source code and significant liquidity depth are also positive signals. The lack of mint function, verified contract, and large number of holders are additional positive factors. On the other hand, the low percentage of locked liquidity is a risk factor. It's essential to weigh these factors when making a decision about the SIREN token.
This analysis is based on automated on-chain security scans and should not be considered as financial advice. For more information about the SIREN token, visit the full live scan. To learn more about token security and how to protect yourself from potential scams, visit our free scanner and review the full token security checklist to make informed decisions about your cryptocurrency investments.