Catcoin Token Review
Catcoin Token Review + Smart Contract Audit Summary
Catcoin started 2021-11-26 and it's currently active, based on the in-depth smart contract audit from different sources and upon checking it's website and other instances like the developers behind this project we can obviously tell based on it's over-all ratings which is Bad and has a HUGE RISK of getting RUG-PULLED.
The basis of our audit came from different areas like how professionally done was their website, their roadmap if it is being followed diligently, social media pages, mission and vision as well as their whitepaper that you can find on their website https://catcoiner.tv, also we use verified and well established auditing tools like honeypot.is wherein this NFT was found out that it is a POSSIBLE honeypot trap wherein the smart contract dictates that you can buy but you cannot sell it in the future, although at some point there are others sneaky developers that enable the "selling" feature but after some time they disable it once lots of investors already dive-in.
We have a way of detecting that kind of trick and for this token Catcoin we can absolutely tell that it has a high possibility of being a honeypot trap, our basis lies on their Smart Contract Code Structure which is OBSCURE and contains malicious codes in nature, only scammers with unreadable and obscure codes have had the bad intentions to do something fishy in the long run, another thing to take note is if the ownership of the token is either renounced or not, for this token, the answer is No.
Another basis we are considering if a token is risky of getting rug pulled is if there are whales spotted on the holders, whales refers to those individuals or entities that hold large shares or percentage of the token Catcoin wherein they have the potential to manipulate price actions and volatility of the token Catcoin, so for this token the answer is Yes it has whales.
Therefore we conlude that this token has a High Risk of getting RUG-PULLED in the future, this is not a financial advise, it's always up to you to invest or not on this token, we are here only to give our insights based on the evidences and calculations we made on the smart contract of Catcoin. So Goodluck and have a safe and happy investing!
Checked using Professional Smart Contract Auditing Tools
Bscheck.eu: 0x3B3691d4C3EC75660f203F41adC6296a494404d0
Honeypot.is: 0x3B3691d4C3EC75660f203F41adC6296a494404d0
Catcoin Smart Contract Audit Details
Description:
Catcoin is a community-influenced token that combines social media with cryptocurrencies.
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Audit Details
Audited project: Catcoin
Deployer address: 0xddb5f62ee4cf12cd4ba6f4f98ed6358269d04447
Client contacts: Catcoin team
Blockchain: Binance smart chain
Project website: https://catcoiner.tv
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Сontracts Details
Token contract details for 07.12.2021
Contract name: Catcoin
Contract address: 0x3B3691d4C3EC75660f203F41adC6296a494404d0
Total supply: 1,000,000,000,000,000
Token ticker: CATS
Decimals: 0
Token holders: 447
Transactions count: 1,718
Top 100 holders dominance: 90.73%
Tax fee: 2
Total fees: 84099565590500
Contract deployer address: 0xddb5f62ee4cf12cd4ba6f4f98ed6358269d04447
Contract’s current owner address: 0x0000000000000000000000000000000000000000
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CatcoinToken Distribution
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Issues Checking Status
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Security Issues
High Severity Issues
No high severity issues found.
Medium Severity Issues
No medium severity issues found.
Low Severity Issues
1. Out of gas
Issue:
• The function includeAccount () uses the loop to find and remove addresses from the _excluded list. Function will be aborted with OUT_OF_GAS exception if there will be a long excluded addresses list.
• The function _getCurrentSupply also uses the loop for evaluating total supply. It also could be aborted with OUT_OF_GAS exception if there will be a long excluded addresses list.
Recommendation:
Check that the excluded array length is not too big.
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Conclusion
Smart contracts contain low severity issues! Liquidity pair contract’s security is not checked due to out of scope.
Liquidity locking details provided by the team: https://bscscan.com/tx/0x0abb1764e4207b5376fb64f4ccce262c8e248ead4c669e7601fdaeded276dab0
Ownership renounce details provided by the team: https://bscscan.com/tx/0x4a22bce645a02fe79d76f34e86d67bf226575a47870285e933b6cc8fcae6173e
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