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Is Ginnancoin a Scam?

GINNANSolana
Not verified This 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 Oct 26, 2026 · 1 audit on recordNew Launch · 6h old
SummaryAI Copilot

Ginnancoin is a Token-2022 asset with both mint and freeze authorities successfully revoked.

Read the full analysis
What raised the score
  • Liquidity < $50k
  • Volume/Liquidity > 15×
Exact factors
  • Liquidity < $50k ($16,254 across 30 pairs — thin market)
  • Volume/Liquidity > 15× (130.4× — wash-trading signal)

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

Early-stage analysis. This token has limited on-chain history (6h old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.

Security Checklist

as of audit · Oct 266 of 6 checks passed
Contract verifiedVerified
MintNo mint
Liquidity lockLocked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Oct 26, 2026

How the supply is spread across holders could not be read — the indexer's holder list does not add up to the supply. Check the largest holders on a block explorer, which reads current balances.

Liquidity

as of audit · Oct 26$16.3K across 30 pairs
LP tokensLocked

The LP tokens of the analysed pool are locked or burned.

Analysed pool$16.0KShare of depth98.5%

Security Findings

1 High5 Info
High

Wash Trading Signal

The 24-hour volume of $2,090,989 against $15,884 in liquidity results in a ratio of 131.64, which is significantly above the 20x threshold for organic trading.H-01

Issue

The 24-hour volume of $2,090,989 against $15,884 in liquidity results in a ratio of 131.64, which is significantly above the 20x threshold for organic trading.

Fix

Exercise caution; the high volume may be artificially inflated to attract liquidity.

Status

Unresolved

Info

Not listed by any independent source

Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.QA-IDENTITY

Issue

Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.

Fix

Match the contract address against the project's official channels before trading.

Status

Acknowledged

Info

Liquidity burned — cannot be withdrawn

100.0% of the pool's LP is burned or time-locked. 100.0% of the pool's LP tokens are burned — that liquidity can never be withdrawn by anyone.QA-LIQUIDITY

Issue

100.0% of the pool's LP is burned or time-locked. 100.0% of the pool's LP tokens are burned — that liquidity can never be withdrawn by anyone.

Fix

Check the lock's end date and beneficiary on the locker's own page before relying on it.

Status

Acknowledged

Info

The market for this token

Liquidity $16K (DexScreener, all pools). 24h trading volume $2.3M (DexScreener, all pools).QA-MARKET

Issue

Liquidity $16K (DexScreener, all pools). 24h trading volume $2.3M (DexScreener, all pools).

Fix

Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.

Status

Acknowledged

Info

Asset class: Meme token

A 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: launched on pump.fun (PumpSwap), a meme launchpad. 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: $16K of DEX liquidity across 30 pools. Launch: launched on pump.fun (PumpSwap), under a day of market history.QA-PROFILE

Issue

A 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: launched on pump.fun (PumpSwap), a meme launchpad. 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: $16K of DEX liquidity across 30 pools. Launch: launched on pump.fun (PumpSwap), under a day of market history.

Fix

Expect attention-driven volatility; the facts in this report say whether the contract itself can be used against holders.

Status

Acknowledged

Info

Recently launched — less than a day of market history

The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.QA-RECENT

Issue

The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.

Fix

Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.

Status

Acknowledged

Analysis

AI Copilotas of audit · Oct 26
Executive SummaryWhat the contract is and what the review found

Ginnancoin is a Token-2022 asset with both mint and freeze authorities successfully revoked. While the liquidity is fully burned, the token exhibits a high volume-to-liquidity ratio, suggesting potential wash trading. Holder concentration data is unavailable, and third-party registry data indicates no adverse flags.

Technical10/10Low risk

The token utilizes the SPL Token-2022 program. 7.1 Architecture and 7.3 Access Control are robust as both mint and freeze authorities are revoked. 7.2 Code Security is standard for SPL mints, with no transfer hooks or default frozen states enabled. 7.8 Operations are simplified by the lack of mutable extensions.

Governance7/10Low risk

7.4 Economic analysis shows $15,884 in liquidity, which is fully burned, ensuring 7.5 Governance cannot withdraw pool funds. However, 7.6 External market data shows a volume/liquidity ratio of 131.64, indicating significant wash-trading activity. 7.5 Governance holder concentration data is currently unavailable.

Upgrades10/10Low risk

7.7 Upgrades are not applicable to this SPL mint. Metadata is immutable, and no extensions are configured to be upgradable. The token state is fixed and cannot be altered by any administrative key.

Final RecommendationWhat to do about this score

Investors should exercise caution regarding the high volume-to-liquidity ratio, which often indicates artificial trading activity rather than organic demand.

Monitor the token's price stability and liquidity depth before executing large trades. Verify that no new extensions have been added to the mint address via on-chain explorers. Since holder concentration data is unavailable, perform independent analysis of the top token accounts to ensure supply is not heavily centralized before committing capital.

Contract & Record

1 audit on record
TypeSPL Token-2022
NetworkSolana
Token age6h
Contract2h6No4…mdn3
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Audit History
  1. Oct 26, 202622Low

Score changes are recorded as dated snapshots — history is append-only and cannot be edited.

Frequently Asked Questions

What is the GINNAN contract address?

The Ginnancoin (GINNAN) contract on Solana is 2h6No4wqsn2ckqsWR2JFp1wMF5fiKuJinEQPneT9mdn3. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is Ginnancoin a scam?

Quantum Audit's risk score for Ginnancoin is 22/100 (Low risk) as of Oct 26, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Mint: No mint; Liquidity lock: Locked; Upgradeability: Fixed code; Honeypot: None found; Buy / sell tax: 0% / 0%. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.

Is GINNAN liquidity locked?

Liquidity lock: Locked (as of Oct 26, 2026). Total DEX liquidity: $16.3K.

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