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Shiba Shiru Token Review

Shiba Shiru

Date Started
2021-12-10
Active
Yes
Honeypot?
Possible
Smart Contract Code Structure
Obscure
Ownership Renounced?
No
Whales Spotted?
Yes
Over-all Ratings
Bad
Conclusion
High Risk of getting RUG-PULLED




Shiba Shiru Token Review + Smart Contract Audit Summary



Shiba Shiru started 2021-12-10 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://www.shibashiru.com, 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 Shiba Shiru 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 Shiba Shiru wherein they have the potential to manipulate price actions and volatility of the token Shiba Shiru, 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 Shiba Shiru. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0xBCD11Ab2bf67729F498d55D376FB9dE8fEE41D7F


Honeypot.is: 0xBCD11Ab2bf67729F498d55D376FB9dE8fEE41D7F




Shiba Shiru Smart Contract Audit Details



Description:

Shiba Shiru Token (SHIRU). The beginning of cryptocurrencies reimagined.

 

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Audit Details

 

Audited project: Shiba Shiru

Deployer address: 0xad3197b735d76b50b8e15a78d30b0f945a8bd3e5

Client contacts: Shiba Shiru team

Blockchain: Binance Smart Chain

Project website: https://www.shibashiru.com

 

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Сontracts Details

 

Token contract details for 12.12.2021

Contract name: Shiba Shiru

Contract address: 0xBCD11Ab2bf67729F498d55D376FB9dE8fEE41D7F

Total supply: 400,000,000,000,000

Token ticker: SHIRU

Decimals: 18

Token holders: 2

Transactions count: 5

Top 100 holders dominance: 100.00%

Liquidity fee: 5

Tax fee: 2

Marketing fee: 5

Uniswap V2 pair: 0xfe583820d3bda8a6b80d7bb368454637a37bf74e

Contract deployer address: 0xad3197b735d76b50b8e15a78d30b0f945a8bd3e5

Contract’s current owner address: 0x07818643b2ba5ca6db055729839c0a298710c89d

 

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Shiba Shiru Token Distribution

 

Shiba Shiru Token Distribution

 

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Issues Checking Status

 

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

 No low severity issues found.

 

Owner privileges (In the period when the owner is not renounced)

• Owner can exclude from the fee.

• Owner can run before and after presale presets.

• Owner can change marketing wallet address.

• Owner can change maxLimit and _maxTxAmount.

• Owner can change number of tokens to add to liquidity.

• Owner can exclude from antiwhale.

• Owner can lock and unlock. By the way, using these functions the owner could retake privileges even after the ownership was renounced.

 

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Conclusion

Smart contracts do not contain high severity issues! Liquidity pair contract’s security is not checked due to out of scope.

Liquidity locking details are provided by the team: https://www.pinksale.finance/#/launchpad/0xa8f772aD3e783B189E0000cB9D9E67a7AC8Fc78d?chain=BSC

 

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Source: https://github.com/TechRate/Smart-Contract-Audits/blob/main/December/Shiba%20Shiru%20Full%20Smart%20Contract%20Security%20Audit.pdf

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