Farcaster (FRC)

Analysis

FRC is dangerous (28/100). The main concern: developer holds the liquidity: The deployer holds 100% of the pool tokens and can pull the liquidity at any time. On the plus side, no one can change the rules: code cannot change, no owner powers found. This reading comes only from on-chain facts and lowers the risk; it never removes it.

• ⚠ Developer holds the liquidity: The deployer holds 100% of the pool tokens and can pull the liquidity at any time.
• ⚠ A few of the biggest holders could crash the price by selling: exit risk is high.
• ⚠ Ownership is concentrated: the 10 biggest wallets hold 56% of the supply (pools and burns not counted).
• ✓ No one can change the rules: code cannot change, no owner powers found.
• ✓ The pools hold $84.2K, which is deep enough for normal trades.
• ✓ It is 14 days old, still young.

Summary

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

• Developer holds the liquidity
• Top 10 wallets hold 56% of the supply
• Has an owner
• Top holders are linked
• Serial deployer

• Code cannot change
• No owner powers found
• Source code verified
• Deep liquidity ($84.2K)

Not checked: The sell test has not run yet

Every check

• Code cannot change. Not an upgradeable proxy: the token code is fixed.
• Has an owner. 0x9851…a6fb (the deployer) controls the owner-only functions below.
• No owner powers found. No mint, blacklist, tax or pause functions in the contract code.
• Developer holds the liquidity. The deployer holds 100% of the pool tokens and can pull the liquidity at any time.
• Source code verified. The contract code is published and matches what is deployed (Sourcify).
• Top holders are linked. 2 top wallets sent this token to each other and hold 56%: they may be one owner.
• Serial deployer. This wallet deployed 20 token contracts in its last 150 transactions.
• No description or project links. We found no description, website or social links for this token. Not a risk on its own, but it gives buyers less to check.

Progress

2026-11-14: caution 48 → 2026-11-14: danger 28

How it can improve

• Developer holds the liquidity: Lock the pool tokens with a well-known locker, or burn them. Graduating from pump.fun burns them for you.
• Top 10 wallets hold 56% of the supply: Spread the supply: avoid big single wallets, and lock team tokens in vesting.
• Has an owner: Renounce ownership, or move it to a multisig with a public timelock if the team still needs it.
• Top holders are linked: If these are team wallets, publish them and lock or vest their tokens.
• Hard to exit: a few sells would crash the price: Add liquidity and spread the supply, so a few sells can not crash the price.
• Serial deployer: A history of many launches stays on record. A long, steady track record for this token is what builds trust.