Litmex (LMX)

Summary

Some warning signs. Read them before you buy.

• Top 10 wallets hold 100% of the supply
• One wallet holds 30%
• Hard to exit: a few sells would crash the price

• Fixed supply
• No freeze
• Deep liquidity ($129.7K)
• 4 different wallets sold in 24h: selling works

Not checked: Whether the liquidity is locked · When the token launched · Our data is 16 hours old

Every check

• Fixed supply. Mint authority is revoked: no one can print more tokens.
• No freeze. Freeze authority is revoked: no one can lock your tokens.
• Metadata locked. The name, symbol and logo can no longer be changed.
• Liquidity lock not checked. We can't read the lock status of this pool type yet.

How it can improve

• Top 10 wallets hold 100% of the supply: Spread the supply: avoid big single wallets, and lock team tokens in vesting.
• 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.