Wrapped Pearl (WPRL)

Analysis

WPRL 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, 6 different wallets sold in the last 24 hours, so selling works in practice. 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.
• ✓ 6 different wallets sold in the last 24 hours, so selling works in practice.
• ✓ The pools hold $1.50M, which is deep enough for normal trades.
• ✓ Ownership is spread out: the 10 biggest wallets hold 7.4%.
• ✓ It has traded for 175 days.
• • About $17.7K can be sold before the price drops 5%.

Summary

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

• Upgradeable contract
• Has an owner

• No owner powers found
• Deep liquidity ($1.50M)
• 6 different wallets sold in 24h: selling works
• Well spread: top 10 wallets hold 7.4%

Not checked: The sell test has not run yet · Source code is not checked · Whether the liquidity is locked

Every check

• Upgradeable contract. This is a proxy: the team can swap the token code for anything, including a honeypot.
• Has an owner. 0xc07c…9762 controls the owner-only functions below.
• No owner powers found. No mint, blacklist, tax or pause functions in the contract code.
• Liquidity in v3/v4 positions. This pool uses Uniswap position NFTs; lock status cannot be read like a v2 pool.
• 5 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.
• Has an owner: Renounce ownership, or move it to a multisig with a public timelock if the team still needs it.