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Koala token Token Review

Date Started

2021-05-30

Active

Yes

Honeypot?

Possible

Smart Contract Code Structure

Obscure

Ownership Renounced?

Whales Spotted?

Yes

Over-all Ratings

Bad

Conclusion

High Risk of getting RUG-PULLED

Koala token Token Review + Smart Contract Audit Summary

Koala token started 2021-05-30 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://moonkoala.finance, 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 Koala token 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 Koala token wherein they have the potential to manipulate price actions and volatility of the token Koala token, 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 Koala token. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools

Bscheck.eu: 0x2a0f5257f4bfe6c75cd58a14a0e7c4651e2160de

Honeypot.is: 0x2a0f5257f4bfe6c75cd58a14a0e7c4651e2160de

Koala token Smart Contract Audit Details

Description:

Meme token on BSC

---

Audit details:

Audited project: KOALA TOKEN

Deployer address: 0xb9659d3037b88dc35ed578eefbbb7c9708189a3b

Client contacts: KOALA TOKEN team

Blockchain: Binance Smart Chain

Project website: https://moonkoala.finance

---

Contracts details

Token contract details for 05.05.2021.

Contract name: KOALA TOKEN

Contract address: 0x2a0f5257f4bfe6c75cd58a14a0e7c4651e2160de

Total supply: 788_852_258_752_775_552

Token ticker: MKOALA

Decimals: 0

Token holders: 1243

Transactions count: 6725

Top 100 holders dominance: 93.57 %

Compiler version: v0.5.17+commit.d19bba13

Contract deployer address: 0xb9659d3037b88dc35ed578eefbbb7c9708189a3b

Contract’s current owner address: No owner

---

KOALA TOKEN token distribution

KOALA TOKEN token distribution

---

Issues Checking Status

Koala Issues Checking Status

---

Security Issues

✅ High Severity Issues

No high severity issues found.

✅ Medium Severity Issues

No medium severity issues found.

❌ Low Severity Issues

1. No equal arrays

Issue:

There is a possibility that receivers and amounts arrays will have different sizes in the multiTransfer function.

Recommendation:

Please check that arrays sizes are equal.

---

Conclusion

Smart contracts contain low severity issues.

---

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

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