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Is PUNKCAT a Scam?

PCATEthereum
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Last checked Nov 5, 2026 · 1 audit on recordNew Launch · 3h old
SummaryAI Copilot

The MemecoinToken is a standard ERC-20 implementation utilizing OpenZeppelin's audited libraries.

Read the full analysis
What raised the score
  • Liquidity < $50k
  • Top-10 concentration > 20%
Exact factors
  • Liquidity < $50k ($22,157 across 1 pairs — thin market)
  • Top-10 concentration > 20% (61.8% total → 23.1% effective; 13.7% in EOAs, 23.6% in contracts; 24.6% 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

Early-stage analysis. This token has limited on-chain history (3h old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.

Security Checklist

as of audit · Nov 56 of 7 checks passed
Contract verifiedVerified
OwnershipUnknown
MintNo mint
Liquidity lockLocked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Nov 5, 2026107 holders
23.6%Contracts13.7%Wallets24.6%DEX pools38.2%Everyone else
23.6%Contracts13.7%24.6%DEX pools38.2%Everyone else
ContractsWalletsDEX poolsEveryone elseBubble area = share of supply
61.8%of supply sits with the top 10 holders
  • Contractstreasury, vesting, bridge, staking23.6%
  • Walletsanonymous holders, free to sell13.7%
  • DEX poolsthe pools' own liquidity24.6%
  • Everyone else97 holders38.2%
Effective concentrationwhat the score reads23.1%
How holder types affect the score

Share held by contracts — treasury, vesting, bridge or staking — is discounted against share held by wallets when the score is computed: a contract cannot decide to sell the way an anonymous holder can, though it can still be drained or voted to sell. Effective concentration is the figure the risk score is actually calculated from.

Holder balances as recorded by the audit of Nov 5, 2026

Liquidity

as of audit · Nov 5$22.2K

The risk score reads depth across every pair.

LP tokensLocked

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

Analysed pool$22.2KShare of depth100.0%
LP Burned100.0% · ≈ permanent lock
LP Locked100.0% · Null Address

Security Findings

7 Info
Info

No issues identified in the reviewed source

The verified source code was reviewed and no issue rising to Informational severity or above was identified. This is a statement about the code that was read, not a guarantee: the review covers the published source only. Fact-layer checks (mint capability, LP lock/burn state, holder concentration) were applied separately and feed the risk score.I-01

Issue

The verified source code was reviewed and no issue rising to Informational severity or above was identified. This is a statement about the code that was read, not a guarantee: the review covers the published source only. Fact-layer checks (mint capability, LP lock/burn state, holder concentration) were applied separately and feed the risk score.

Fix

Re-check after any contract upgrade or ownership change, both of which can alter behaviour without changing this page.

Status

Acknowledged

Info

Who holds the supply

The ten largest holders own 61.8% of supply. Of that, 24.6% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 13.7% in wallets, 23.6% in other contracts. 107 holders in total.QA-HOLDERS

Issue

The ten largest holders own 61.8% of supply. Of that, 24.6% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 13.7% in wallets, 23.6% in other contracts. 107 holders in total.

Fix

Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.

Status

Acknowledged

Info

Not listed by any independent source

107 holders. 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

107 holders. 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 LP tokens were sent to a burn address — that liquidity can never be withdrawn by anyone. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.QA-LIQUIDITY

Issue

100.0% of the pool's LP is burned or time-locked. 100.0% of the LP tokens were sent to a burn address — that liquidity can never be withdrawn by anyone. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.

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 $22K (DexScreener, all pools). 24h trading volume $129K (DexScreener, all pools).QA-MARKET

Issue

Liquidity $22K (DexScreener, all pools). 24h trading volume $129K (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: meme vocabulary in name/ticker (cat). Tokenomics — Supply: fixed — the contract has no mint function. Control: an owner that could not be resolved. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $22K of DEX liquidity across 1 pools. Launch: 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: meme vocabulary in name/ticker (cat). Tokenomics — Supply: fixed — the contract has no mint function. Control: an owner that could not be resolved. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $22K of DEX liquidity across 1 pools. Launch: 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 · Nov 5
Executive SummaryWhat the contract is and what the review found

The MemecoinToken is a standard ERC-20 implementation utilizing OpenZeppelin's audited libraries. The contract lacks any privileged roles, administrative backdoors, or complex logic, resulting in a highly secure and immutable token structure. No vulnerabilities were identified during the static analysis of the codebase.

Technical10/10Low risk

The architecture follows standard ERC-20 patterns, ensuring 7.1 Architecture and 7.2 Code Security compliance. The implementation relies on battle-tested OpenZeppelin contracts, minimizing the attack surface. 7.3 Access Control is non-existent by design, as there are no administrative functions. 7.6 External interactions are limited to standard token transfers, posing no risk of reentrancy or external manipulation.

Governance9/10Low risk

The token operates as a pure utility asset with no 7.4 Economic or 7.5 Governance mechanisms. There are no minting, burning, or fee-on-transfer features that could impact market stability. 7.8 Operations are fully decentralized as the contract is immutable and lacks owner-controlled parameters.

Upgrades10/10Low risk

The contract is not a proxy and does not support 7.7 Upgrades. This ensures long-term immutability and prevents any possibility of logic changes post-deployment. The lack of upgradeability is a strength for trustless token distribution.

Final RecommendationWhat to do about this score

The contract is secure and requires no immediate remediation.

Users should verify the token address against official sources before interacting to ensure they are engaging with the correct deployment.

Contract & Record

1 audit on record
TypeMemecoinToken
NetworkEthereum
Token age3h
Contract0x56d4…37c0
Deployer0x4ae0…dd7f
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Audit History
  1. Nov 5, 202622Low

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

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