Is baton a Scam?

The baton token is an SPL Token-2022 mint. Both the Mint Authority and Freeze Authority have been revoked, indicating a fixed supply and immutability of account states post-creation. No Transfer Hook is active, and the Default Account State is not frozen, ensuring straightforward transfers. The token is not balance_mutable, closable, freezable, non_transferable, and its transfer_fee_upgradable, transfer_hook_upgradable, and metadata_mutable flags are all false, enhancing its immutability.

The token exhibits a high Volume/Liquidity Ratio of 20.04, which is a strong indicator of potential wash trading. The DEX pair is very new, having been created only 3 days ago, which means there is insufficient track record to assess market behavior. Total DEX liquidity stands at $507,384. The top 10 token accounts hold 16.13% of the supply, which is not considered highly concentrated.

The baton token mint has both its Mint Authority and Freeze Authority revoked, meaning no further tokens can be minted and no accounts can be frozen by an authority. The token utilizes the spl-token-2022 program but does not have a Transfer Hook or Default Account State Frozen extension active. Furthermore, its metadata is not mutable, ensuring the token's name, symbol, and image cannot be changed post-launch.