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Baby CateCoin Token Review

Baby CateCoin

Date Started
2021-11-08
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




Baby CateCoin Token Review + Smart Contract Audit Summary



Baby CateCoin started 2021-11-08 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://babycatecoin.net, 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 Baby CateCoin 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 Baby CateCoin wherein they have the potential to manipulate price actions and volatility of the token Baby CateCoin, 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 Baby CateCoin. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0x1529642Cd0075d3DA049aA43005fdfaBCa54a070


Honeypot.is: 0x1529642Cd0075d3DA049aA43005fdfaBCa54a070




Baby CateCoin Smart Contract Audit Details



Description:

Baby CateCoin is a meme token that will have utility (e.g. Baby Cate Coin Swap, NFT Marketplace, Merch Shop, Wallet and P2E). It has a very strong community and a very hard working team that has a sole goal to make this successful.

 

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Audit Details

 

Audited project: Baby CateCoin

Deployer address: 0xdd33640dccd29f842f68b0850d4b20334bd113d8

Client contacts: Baby CateCoin team

Blockchain: Binance Smart Chain

Project website: https://babycatecoin.net

 

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Сontracts Details

 

Token contract details for 12.11.2021

Contract name: Baby CateCoin

Contract address: 0x1529642Cd0075d3DA049aA43005fdfaBCa54a070

Total supply: 1,000,000,000,000,000

Token ticker: BabyCATE

Decimals: 9

Token holders: 5,558

Transactions count: 16,845

Top 100 holders dominance: 80.71%

Liquidity fee: 9

Tax fee: 1

Total fees: 30895440747498987804319

Uniswap V2 pair: 0x5715bf08b82df467d615714ed55707b0aac8489d

Contract deployer address: 0xdd33640dccd29f842f68b0850d4b20334bd113d8

Contract’s current owner address: 0xdd33640dccd29f842f68b0850d4b20334bd113d8

 

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Baby CateCoin Token Distribution

 

Baby CateCoin 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

1. Out of gas

Issue:

• The function includeInReward() 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.

 

Notes:

• addLiquidity function is not used.

 

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

• Owner can change tax and liquidity fees.

• Owner can change maximum transaction amount.

• Owner can exclude from the fee.

• Owner can change marketingDivisor.

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

• Owner can change buyBackUpperLimit.

• Owner can change marketing address.

• Owner can manually buyBack.

• Owner can withdraw contract BNB balance to marketing address.

• Owner can enable and disable buyBack.

• Owner can enable before and after presale modes.

• 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 contain low severity issues! Liquidity pair contract’s security is not checked due to out of scope. 5/7 of the liquidity goes to marketing address.

The further transfers and operations with the funds raise are not related to this particular contract.

Liquidity locking details are provided by the team: https://www.pinksale.finance/#/pinklock/record/1583?chain=BSC

 

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Source: https://github.com/TechRate/Smart-Contract-Audits/blob/main/November/Baby%20CateCoin%20Full%20Smart%20Contract%20Security%20Audit.pdf

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