IKA Token (IKA)

Analysis

IKA needs caution (69/100). The main concern: a few of the biggest holders could crash the price by selling: exit risk is high. On the plus side, no one can change the rules: standard sui coin. This reading comes only from on-chain facts and lowers the risk; it never removes it.

• ⚠ A few of the biggest holders could crash the price by selling: exit risk is high.
• ✓ No one can change the rules: standard sui coin.
• ✓ It has traded for 1.3 years.
• • The pools hold $13.0K.

Summary

Some warning signs. Read them before you buy.

• Minting key held inside a contract
• No sell test on Sui yet
• Hard to exit: a few sells would crash the price

• Standard Sui coin

Not checked: Top holders are not read yet · The sell test has not run yet · Source code is not checked · No trades seen in the last 24 hours

Every check

• Minting key held inside a contract. The coin’s minting key (TreasuryCap) is wrapped inside another object, such as a launchpad. Its rules decide whether more can be minted.
• Standard Sui coin. Transfers use Sui’s own coin module and the coin is not regulated, so the creator can’t freeze wallets or block selling in the code.
• No sell test on Sui yet. DexGrade can't simulate a sale on Sui yet, so this grade uses fewer checks than on Ethereum or Solana. Real sells by different wallets are counted instead.

How it can improve

• Minting key held inside a contract: 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.
• 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.