Is Mooncat a Scam?

The Mooncat (MCAT) token is an SPL Token Program v3 mint. Both the mint authority and freeze authority have been revoked, ensuring no new tokens can be minted and no existing tokens can be frozen. The token does not utilize any Token-2022 extensions such as permanent delegates, transfer hooks, or default frozen account states, indicating a standard, non-extensible token configuration. Balance mutability and metadata mutability are also disabled.

The token's DEX pair is very new, established only 2 days ago, which provides insufficient history for market behavior assessment. Current liquidity stands at $67,618, with a 24-hour volume of $597,489, resulting in a Volume/Liquidity Ratio of 8.84. Holder concentration data was unavailable, preventing an assessment of supply distribution. A third-party risk registry flagged a high market cap per holder.

The mint authority and freeze authority are both revoked, preventing any post-launch changes to token supply or account freeze status. The token's metadata is immutable, ensuring its name, symbol, and image cannot be altered. No Token-2022 upgradeable extensions are active, confirming a fixed and standard token behavior.