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Is Believe Safe?

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Believe BELIEVE
BLVxek…aCMf
Solana
Not verifiedThis record has not gone through deep verification and is not being monitored. The score is a dated snapshot — the token’s risk can change at any time.Own this token? Put it under verification →
Last checked today 1 audit on record
DexScreener ↗
How is this score calculated? → Low Risk
Executive SummaryAI Copilot

The Believe (BELIEVE) SPL token mint has its mint and freeze authorities revoked, indicating a fixed supply and unfreezable accounts. However, a significant concentration of 72.70% of the sellable supply is held by the top 10 holders, posing a risk of price volatility from large sell-offs. Additionally, the token's metadata is mutable, allowing for changes to its name, symbol, or image post-launch. Third-party risk registry data was available and provided signals regarding holder concentration and mutable metadata.

1 High1 Medium1 Low5 Informational
Volume 24h
$1.22M
Liquidity
$194.5K
Price
$0.003469
Token Age
11mo
Top 10 Holders
74.9%

Security Findings

1 High1 Med1 Low5 Info
High

Holder Concentration > 70%

H-01The ten largest holders that can sell hold 72.70% of supply. Coordinated sell-off would crash price; single-whale dumps are common in this range.
IssueThe ten largest holders that can sell hold 72.70% of supply. Coordinated sell-off would crash price; single-whale dumps are common in this range.
FixAccount for the risk of significant price volatility due to potential large sell-offs by concentrated holders. Monitor the activity of these top holders closely.
StatusUnresolved
Medium

The market for this token

QA-MARKETLiquidity $207K (DexScreener, all pools). 24h trading volume $6.9M (CoinGecko, all markets, daily snapshot). 24h trading volume $1.3M (DexScreener, all pools). CoinGecko's record for this coin: all-time high $0.357 on 2025-05-14; the price is now 99.211% below it.
IssueLiquidity $207K (DexScreener, all pools). 24h trading volume $6.9M (CoinGecko, all markets, daily snapshot). 24h trading volume $1.3M (DexScreener, all pools). CoinGecko's record for this coin: all-time high $0.357 on 2025-05-14; the price is now 99.211% below it.
FixSize any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
StatusAcknowledged
Low

Mutable Metadata

L-01Token name, symbol, or image can be changed post-launch, as indicated by 'metadata_mutable: True'.
IssueToken name, symbol, or image can be changed post-launch, as indicated by 'metadata_mutable: True'.
FixVerify metadata against off-chain expectations before trusting branding. Monitor for any unexpected changes to the token's identity.
StatusUnresolved
Info

Who holds the supply

QA-HOLDERSThe ten largest holders own 74.9% of supply. Of that, 2.2% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 41.1% in wallets, 31.6% in other contracts. 6,837 holders in total.
IssueThe ten largest holders own 74.9% of supply. Of that, 2.2% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 41.1% in wallets, 31.6% in other contracts. 6,837 holders in total.
FixWatch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
StatusAcknowledged
Info

Listed, but not independently verified

QA-IDENTITYListed on CoinGecko as Believe (BELIEVE), market cap $4M, rank #1942. 6,837 holders.
IssueListed on CoinGecko as Believe (BELIEVE), market cap $4M, rank #1942. 6,837 holders.
FixMatch the contract address against the project's official channels before trading.
StatusAcknowledged
Info

Liquidity locked with no expiry

QA-LIQUIDITY99.7% of the pool's LP is burned or time-locked. 99.7% of the pool's liquidity is locked for good in the pool program — only its trading fees can be collected; no one can withdraw the liquidity. 0.3% is held, unlocked, by 1 address(es) other than the pool's creator. This assessment covers the main pool, which holds 94% of the token's DEX liquidity; the other pools were not assessed.
Issue99.7% of the pool's LP is burned or time-locked. 99.7% of the pool's liquidity is locked for good in the pool program — only its trading fees can be collected; no one can withdraw the liquidity. 0.3% is held, unlocked, by 1 address(es) other than the pool's creator. This assessment covers the main pool, which holds 94% of the token's DEX liquidity; the other pools were not assessed.
FixCheck the lock's end date and beneficiary on the locker's own page before relying on it.
StatusAcknowledged
Info

What the token's controller can do

QA-POWERSThe contract lets its controller — nobody (ownership renounced) — change the token's name, symbol and image. Ownership is renounced, so nobody can use them now.
IssueThe contract lets its controller — nobody (ownership renounced) — change the token's name, symbol and image. Ownership is renounced, so nobody can use them now.
FixCheck who holds these powers and whether a timelock or multisig stands between them and holders.
StatusAcknowledged
Info

Asset class: Meme token

QA-PROFILEA community token whose value comes from attention rather than a product. Being a meme is not a risk in itself: it is scored on exactly the same contract and market facts as any other token. The class itself adds no points; the contract and market facts decide the score. Basis: CoinGecko category: Meme. Tokenomics — Supply: fixed — the contract has no mint function. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $207K of DEX liquidity across 8 pools. Launch: 358 days of market history.
IssueA community token whose value comes from attention rather than a product. Being a meme is not a risk in itself: it is scored on exactly the same contract and market facts as any other token. The class itself adds no points; the contract and market facts decide the score. Basis: CoinGecko category: Meme. Tokenomics — Supply: fixed — the contract has no mint function. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $207K of DEX liquidity across 8 pools. Launch: 358 days of market history.
FixExpect attention-driven volatility; the facts in this report say whether the contract itself can be used against holders.
StatusAcknowledged

Category Ratings

TechnicalLow10/10

The token is implemented using the standard spl-token program. Both the Mint Authority and Freeze Authority are revoked (None), which means no new tokens can be minted and no holder accounts can be frozen. The token does not utilize Token-2022 extensions such as permanent delegates, transfer hooks, or default frozen account states, nor does it have balance mutability, contributing to a low technical risk profile.

GovernanceLow8/10

A significant concern is the holder concentration, with the top 10 holders that can sell controlling 72.70% of the total supply. This level of concentration indicates a high risk of market manipulation or sudden price drops if these large holders decide to sell. The token has substantial liquidity at $193,361 USD, with 99.7% of the pool's liquidity locked for good, preventing rug pulls from liquidity withdrawal by the pool creator. The 24-hour volume to liquidity ratio is 6.46, which is high and could signal artificial trading activity, though it is not above the threshold for a 'wash trading' flag.

UpgradesLow10/10

The mint authority and freeze authority have been revoked, preventing any further changes to the token's supply or the ability to freeze accounts. This token does not use Token-2022 extensions that introduce upgradeability or additional authorities. However, the token's metadata is mutable, meaning its name, symbol, or image can be altered post-launch by an authority.

Security Checklist

4/4 checks passed
Contract VerifiedPass
No Mint FunctionPass
Liquidity LockedPass
Not a ProxyPass
HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Liquidity Depth

$207.3K across 8 pairs
Meteora DYN2SOLanalysed$194.5K93.8%Meteora DLMMSOL$10.6K5.1%Meteora DLMMMET$1.5K0.7%Meteora DYN2bis$4640.2%Meteora DYN2SOLm$2160.1%Meteora DYN2CSR$200.0%
Show 2 more pairsShow less
Meteora DYN2SOL$20.0%Meteora DYN2SOL$00.0%

The risk score reads depth across every pair. The volume figure and the volume-to-liquidity ratio elsewhere on this page describe only the pair this audit analysed, so the two are not directly comparable.

Key Addresses

1 addresses
Unlocked LP Held By
5x1Bc8…87En

No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.

What Raised This Score

1 factors
  • Top-10 concentration > 50% (74.9% total → 53.7% effective; 41.1% in EOAs, 31.6% in contracts; 2.2% burned, locked or in pools excluded)

Each factor is an on-chain fact recorded at the time of this analysis. The score is computed from them by a deterministic function, so the same contract returns the same score for anyone who runs the audit. How scores are computed

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