This SPL Token Mint audit for The First Crypto Cat (BITCAT) identifies a medium risk due to significant holder concentration, with the top 10 accounts holding 69.47% of the supply. Additionally, the DEX trading pair is very new, having been created only 2 days ago, which limits the track record for assessing market behavior. Third-party risk registry data indicated single holder ownership and high holder concentration. Holder distribution data from chain-native RPC was unavailable.

Early-stage security check — honeypot & rug-pull analysis
Is The First Crypto Cat a Scam?
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 →This SPL Token Mint audit for The First Crypto Cat (BITCAT) identifies a medium risk due to significant holder concentration, with the top 10 accounts holding 69.47% of the supply.
Read the full analysis- Top-10 concentration > 70%
- Liquidity < $50k
- Token age < 7 days
- 2 Medium finding(s) from audit
Exact factors
- Top-10 concentration > 70% (85.3% total → 85.3% effective; 85.3% in EOAs, 0.0% in contracts — extreme)
- Liquidity < $50k ($19,016 across 1 pairs — thin market)
- Token age < 7 days (early, volatile)
- 2 Medium finding(s) from audit
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
Security Checklist
as of audit · Sep 22Holders
as of audit · Sep 22, 2026- Top 10 holdersthe ten largest balances85.3%
- Everyone elsethe rest of the supply14.7%
Holder balances as recorded by the audit of Sep 22, 2026
Liquidity
as of audit · Sep 22The risk score reads depth across every pair.
The LP tokens of the analysed pool are locked or burned.
Security Findings
MediumHolder Concentration > 50%
The top 10 token accounts hold 69.47% of the total supply. Such high concentration means that coordinated sell-offs could significantly impact the token's price, and single-whale dumps are a common risk in this range.M-01
Issue
The top 10 token accounts hold 69.47% of the total supply. Such high concentration means that coordinated sell-offs could significantly impact the token's price, and single-whale dumps are a common risk in this range.
Fix
Monitor the distribution of tokens over time. A more decentralized distribution would reduce the risk of price manipulation by a few large holders.
Status
Unresolved
MediumVery New Pair
The DEX pair for this token was created only 2 days ago. This short operational history provides insufficient track record to assess the team's behavior, community engagement, or the token's market stability under various conditions.M-02
Issue
The DEX pair for this token was created only 2 days ago. This short operational history provides insufficient track record to assess the team's behavior, community engagement, or the token's market stability under various conditions.
Fix
Exercise increased caution due to the lack of historical data. Monitor the pair's performance, liquidity, and community activity for a longer period (e.g., several weeks) before making significant investment decisions.
Status
Unresolved
Analysis
AI Copilotas of audit · Sep 22The token is implemented using the spl-token-2022 program. Both the Mint Authority and Freeze Authority have been revoked, which prevents the creation of new tokens and the freezing of existing holder accounts. There is no Transfer Hook active, meaning no custom program executes on transfers. The token is not configured with Default Account State Frozen, balance mutability, or non-transferable status, indicating standard transfer behavior. (7.1 Architecture, 7.3 Access Control)
The token exhibits a medium risk due to holder concentration, with the top 10 token accounts holding 69.47% of the total supply, as flagged by a third-party risk registry. This concentration could lead to significant price volatility from large sell-offs. The DEX pair is very new, established only 2 days ago, providing insufficient history to assess market stability. Liquidity is $119,439, and the 24-hour volume is $92,436, with a normal Volume/Liquidity Ratio of 0.77. (7.4 Economic, 7.5 Governance)
The token's core parameters are largely immutable, contributing to a low upgrade risk. The Mint Authority and Freeze Authority are both revoked, preventing any future changes to the token supply or account freeze status. Key Token-2022 extensions such as transfer hook and transfer fee are not present and are not upgradable. Additionally, the token's metadata is immutable, ensuring that its name, symbol, or image cannot be altered post-launch. (7.7 Upgrades)
Prospective holders should exercise caution due to the high holder concentration and the very recent launch of the DEX pair.
It is critical to monitor the distribution of tokens over time to observe if the holder concentration decreases. Additionally, closely track the DEX pair's liquidity and trading volume for several weeks to establish a more reliable track record. Verify the current state of all authorities on-chain before making any investment decisions, as this audit is based on a snapshot of data.
Contract & Record
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
- Sep 22, 202639Medium
- Sep 4, 202693Critical
- Aug 30, 202663Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
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