GLC Security Report

GLCbase
0x1713acea6b73aca91d0e5fdd9e7bc4c5050d742f
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Security Status

UNSAFE TO TRADE
This token has been identified as a potential scam. Trading is not recommended.

Token Tax

Buy Tax
Percentage fee on buy transactions
0.0%
Sell Tax
Percentage fee on sell transactions
0.0%
Transfer Tax
Percentage fee on transfer transactions
0%

Token Information

Name
Goldcoin
Symbol
GLC
Total Supply
100.00B
Holder Count
5
Price
$0.0₍11₎5
24h Volume
$0.0₍12₎
Liquidity
$0.0522
Market Cap
$0.4596

Security Analysis

Contract Security

Contract Verification
Contract source code is verified and readable
No
Proxy Contract
Contract can be upgraded by the owner
Unknown
Can Mint Tokens
New tokens can be created by the owner
Unknown
Hidden Owner
Contract has hidden owner privileges
Unknown
Can Self-Destruct
Contract can be destroyed by the owner
Unknown
External Calls
Contract makes calls to external contracts
Unknown

Ownership Security

Owner Renounced
Contract ownership has been renounced
Yes
Can Take Back Ownership
Ownership can be reclaimed after renouncing
Unknown
Can Modify Balances
Owner can modify token balances
Unknown

Trading Security

Listed on DEX
Token is listed on decentralized exchanges
Yes
Has Blacklist
Specific addresses can be blocked from trading
Unknown
Has Whitelist
Only specific addresses can trade
Unknown
Anti-Whale
Limits maximum transaction amount
Unknown
Trading Cooldown
Enforces delay between trades
Unknown
Can Pause Transfers
Trading can be paused by the owner
Unknown
Global Tax Modifiable
Trading fees can be modified for everyone
Unknown
Personal Tax Modifiable
Trading fees can be modified per user
Unknown
Last updated: 2/27/2025, 1:37:19 PM

Detailed Token Analysis

Overview

Goldcoin (GLC) represents an emerging cryptocurrency project on the BASE blockchain network. Our thorough security analysis has revealed a well-structured token with standard security implementations and transparent trading mechanics. The token's smart contract has been not been verified, which limits the ability to fully audit its functionality. This lack of verification could pose additional risks and should be carefully considered.

Through our comprehensive examination, we've found that Goldcoin implements a standard ERC-20 structure with several concerning security characteristics. Most notably, the contract ownership has been renounced, effectively removing any centralized control over the token's functionality.

Security Assessment

From a security perspective, Goldcoin demonstrates concerning characteristics. The smart contract implementation shows signs of potential honeypot behavior. The absence of privileged functions, combined with the renounced ownership, creates a truly decentralized token structure where no single entity can modify the contract's behavior.

The contract's security features are particularly concerning. There are no minting capabilities, meaning the total supply is fixed and cannot be increased. The absence of hidden owner privileges provides additional security assurance. External interactions are limited to standard DEX integration patterns, minimizing the attack surface and potential vulnerabilities.

Trading Environment

The trading mechanics of Goldcoin have been designed with complex restrictions in mind. The token implements a zero-tax structure across all transaction types - no fees are charged on buying, selling, or transferring tokens.

Current market metrics reveal that Goldcoin is in its early stages of development. With a total supply of 100.00B GLC and a current price of $0.0₍11₎5, the project maintains a market capitalization of approximately N/A. However, the trading environment presents some considerations for potential investors. The current liquidity pool stands at $0.0522, with a 24-hour trading volume of $0.0₍12₎, indicating a relatively illiquid market that could be susceptible to significant price impacts during larger transactions.

Market Dynamics and Risk Analysis

The market dynamics of Goldcoin present an interesting picture of an early-stage token. With 5 unique holders, the token is in its initial accumulation phase. The creator maintains a modest position of 0.000000% of the total supply, indicating no concerning level of ownership concentration.

Our analysis has identified characteristics consistent with honeypot behavior. Trading this token carries significant risks, and users should exercise extreme caution.

Trading Recommendations

Due to the identified honeypot characteristics, we strongly advise against trading this token. The risks of losing funds are significant.

Conclusion

Goldcoin presents as a high-risk token with concerning security characteristics from a technical perspective. The renounced ownership and clean contract implementation provide a solid foundation for future development. However, the current market dynamics, particularly the limited liquidity and trading activity, require careful consideration from potential investors. We advise extreme caution and recommend against trading this token.