How It All Started Security Report
Security Status
Token Tax
Token Information
Security Analysis
Contract Security
Ownership Security
Trading Security
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Detailed Token Analysis
Overview
How It All Started (How It All Started) 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 verified on BaseScan, providing complete code transparency and allowing for public audit of its functionality. This verification is crucial as it confirms that the deployed contract matches the published source code, significantly reducing the risk of hidden malicious functions.
Through our comprehensive examination, we've found that How It All Started 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, How It All Started 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 How It All Started have been designed with complex restrictions in mind. The token implements a tax structure of 0.0% on buys and NaN% on sells.
Current market metrics reveal that How It All Started is in its early stages of development. With a total supply of 1.00B How It All Started and a current price of $0.0₍5₎1910, 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 $0.0₍12₎, 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 How It All Started present an interesting picture of an early-stage token. With 3 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
How It All Started 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.