ShopinX Token (SPX) Presents Severe-risk Trading Conditions Amid Volatile Decentralized Exchange
Risk Overview
The ShopinX Token (SPX) is currently facing severe risk conditions, primarily due to significant structural vulnerabilities. The contract's ability to blacklist addresses poses a critical concern, impacting overall trading integrity.
- Holder concentration: 50.0% top address
- Liquidity vs market cap: 0.4%
- Contract control: 1 concern(s)
Liquidity Assessment
The current liquidity figure stands at $274,283. Liquidity is 0.4% of market cap, against roughly 1.7% for a token this size. The valuation rests on a thin pool, so the market cap overstates what could actually be realized.
Volume Assessment
The 24-hour trading volume is reported at $1,001,946. The 24h volume is 3.7x liquidity, a normal turnover rate.
Trading Behaviour
In the last hour, there were 168 buys and 160 sells, resulting in a buy/sell ratio of approximately 1.05. Transaction-level buy/sell data was not available.
Risk Note
This analysis does not constitute financial advice.