Is Poipoi a Scam?

The Poipoi token is an SPL Token-2022 mint with a total supply of 979,530,959.273345 tokens. Both the mint authority and freeze authority have been revoked, preventing further token creation or freezing of holder accounts. No Token-2022 transfer hook is active, and the default account state is not frozen. The token's balance mutability is disabled, ensuring user balances cannot be arbitrarily adjusted.

The token's DEX pair is very new, having been created only 3 days ago, which limits the track record for assessing market behavior. Total DEX liquidity stands at $28,290, with a 24-hour volume of $118,299, resulting in a normal Volume/Liquidity Ratio of 4.18. Holder concentration shows the top 10 token accounts holding 32.65% of the supply, which is below thresholds for high concentration risk.

The token mint has a robust configuration regarding mutability and control. Both the mint and freeze authorities are revoked, meaning no single entity can unilaterally alter the supply or freeze assets. Furthermore, the token's metadata (name, symbol, image) is immutable, preventing post-launch branding changes. No transfer hook or transfer fee extensions are present or upgradable.