Is xp a Scam?

The xp token is an SPL Token-2022 implementation. Both the mint authority and freeze authority have been revoked, which means no new tokens can be minted and no holder accounts can be frozen by an external party (7.3 Access Control). A transfer fee of 1.00% (100 bps) is active on all transfers. There is no transfer hook, and new accounts are not created in a frozen state (7.1 Architecture).

The token's DEX pair is very new, established only 2 days ago, which provides an insufficient track record to assess long-term market behavior or team actions (7.4 Economic). Current liquidity is $139,740, with a 24-hour volume of $1,049,706. The Volume/Liquidity Ratio is 7.51. Holder concentration data was unavailable, preventing an assessment of supply distribution risk (7.4 Economic).

The mint and freeze authorities are permanently revoked, preventing any future changes to these core token functionalities (7.7 Upgrades). The token utilizes the spl-token-2022 program, and while the transfer fee extension is present, it is noted as upgradable. The token's metadata is mutable, allowing for changes to its name, symbol, or image post-launch (7.7 Upgrades).