Nokia Oyj - Backpack Securities (NOK)

Analysis

NOK is dangerous (0/100). The main concern: the team still has control over the token: more tokens can be printed, wallets can be frozen, transfers can be paused, permanent delegate. Those powers can change the rules after you buy. On the plus side, it has traded for 44 days. This reading comes only from on-chain facts and lowers the risk; it never removes it.

• ⚠ The team still has control over the token: more tokens can be printed, wallets can be frozen, transfers can be paused, permanent delegate. Those powers can change the rules after you buy.
• ⚠ There is almost no money in the pool ($285): even small sells move the price a lot.
• ⚠ A few of the biggest holders could crash the price by selling: exit risk is high.
• ✓ It has traded for 44 days.

Summary

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

• More tokens can be printed
• Wallets can be frozen
• Permanent delegate
• Transfers can be paused
• Almost no liquidity ($285)

Not checked: Top holders are not read yet · Whether the liquidity is locked · When the token launched · No trades seen in the last 24 hours

Every check

• More tokens can be printed. Mint authority 9ggr…FN8R is still active, so the supply can be increased at any time.
• Wallets can be frozen. Freeze authority 2cVY…af4a can freeze your tokens so you can't sell.
• Permanent delegate. 2cVY…af4a can move or burn tokens out of any wallet, including yours.
• Transfers can be paused. 2cVY…af4a can pause all transfers.
• Liquidity lock not checked. We can't read the lock status of this pool type yet.

How it can improve

• More tokens can be printed: Revoke the mint authority so nobody can print more tokens. On Solana: spl-token authorize <MINT> mint --disable. On EVM chains, renounce the role that can mint.
• Wallets can be frozen: Revoke the freeze authority so no wallet can be frozen. On Solana: spl-token authorize <MINT> freeze --disable.
• Permanent delegate: Revoke the permanent delegate if possible. If it was fixed at creation, only a new token would clear it.
• Transfers can be paused: Remove or renounce the switch that can pause trading.
• Almost no liquidity ($285): Add liquidity. $10K clears the low-liquidity warning, and $50K or more counts as deep.
• 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.