Venice Token VVV Security Scan
Introduction
The Venice Token has a trust score of 65, grade A, and a 35% scam probability, with the contract being mintable posing a significant risk, notably the fact that the contract can mint new tokens — supply inflation risk. The Venice Token is currently drawing attention, and our on-chain security scan provides insights into its security.
What the scan found
Our scan found that the Venice Token has a trust score of 65 and a trust grade of A. The scam probability is 35%, and there is no honeypot signal. The buy and sell taxes are both 0%. The contract is mintable, but it is not freezable, and ownership has not been renounced. The contract source code is verified. The liquidity depth is $233,452, but only 0% of tracked liquidity is locked. There are 141,175 holders, with the top 10 holders controlling 91.6% of the supply.
What this means for you
The fact that the contract can mint new tokens poses a significant risk of supply inflation. Additionally, the top 10 holders controlling 91.6% of the supply and the owner wallet holding 29.8% of the supply are significant risk factors. However, the contract source code being verified, the liquidity depth, and the number of holders are positive signals. It is essential to consider these factors when evaluating the Venice Token.
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. You can also refer to the full token security checklist for a comprehensive understanding of token security.