Chip (CHIP)

Analysis

CHIP is dangerous (39/100). The main concern: the team still has control over the token: upgradeable contract. Those powers can change the rules after you buy. On the plus side, the pools hold $68.7K, which is deep enough for normal trades. This reading comes only from on-chain facts and lowers the risk; it never removes it.

• ⚠ The team still has control over the token: upgradeable contract. Those powers can change the rules after you buy.
• ✓ The pools hold $68.7K, which is deep enough for normal trades.
• ✓ Ownership is spread out: the 10 biggest wallets hold 1.9%.
• ✓ It has traded for 223 days.
• • About $730 can be sold before the price drops 5%.

Summary

Serious warning signs. Most buyers of tokens like this lose money.

• Upgradeable contract

• No owner
• No owner powers found
• Deep liquidity ($68.7K)
• Well spread: top 10 wallets hold 1.9%

Not checked: The sell test has not run yet · Source code is not checked

Every check

• Upgradeable contract. This is a proxy: the team can swap the token code for anything, including a honeypot.
• No owner. The contract has no owner function.
• No owner powers found. No mint, blacklist, tax or pause functions in the contract code.
• 12 tokens use this ticker. Many tokens share this name. Always check the address before you buy.

How it can improve

• Upgradeable contract: Remove the ability to upgrade the contract (renounce the proxy admin), or put upgrades behind a public timelock.