Token Sniffer is a platform that helps you analyze security token crypto to avoid traps Scam or Rug Pull. Learn more related to how to use it below!
Also read: Flag Pattern: Definition, Types, and How to Use it!
What is a sniffer token?
Token Sniffer is one of the most popular tools used to check the authenticity and safety token in blockchain. With a database of thousands of patterns Scam which has been collected for more than five years, this platform can automatically detect whether a token potentially dangerous or not.
Launch their official page, every day this platform monitors more than 30,000 Smart Contract new and up to 75% of them turned out to be identified as Scam.
Form Scam which are usually detected at the sniffer token include dangerous contracts to steal investor funds, token imitation with a name similar to popular coins, up to token with Phishing url. Therefore, this platform is one of the mandatory tools for novice investors who want to be safer when exploring the world of crypto.
Also read: 7 Free Airdrop Crypto Applications that Beginners must have!
Sniffer token features
So that you understand more, here are some of the main features offered by Token Sniffer:
- Contract Address Analysis: Contract Analysis token through the address and give a security score (Smell Test).
- Swapability Check: Check whether token Can be completely purchased or sold at Dex.
- Liquidity analysis: Assess the availability of liquidity and locking status.
- Holder Distribution: Shows the distribution of ownership tokenis it centered on several Wallet Address just.
- Bubble map: Visualization of transfer interactions token to detect suspicious patterns.
Pro Tips: Although the score of 100/100 looks safe, it’s not a definite guarantee. Keep doing independent research before investing.
Network supported by token sniffer
At present, the sniffer token supports 11 networks blockchain including Solana, Ethereum, Base, BSC, Polygon, Arbitrum, Optimism, Fantom, AvalancheBlast, Gnosis, Harmony, Kuoin Community Chain, Cronos, and Oasis. This platform can also detect activities on Decentralized Exchange (Dex) or Liquidity Lockers in the network.
How to use a sniffer token
How to use a sniffer token is very simple, you only need to follow a few steps. The following is the guide:
1. Find a contract address token
The first step you need to do is find the Contract Address (Ca) token what you want to check. This address is usually available on their official website page, CoinmarketCap, or Dex Screener. Examples of addresses as follows:
B32HGG9Q55TCIK9GNBPUOSHTNQFTPKYLPSAPPIFYVCPUMP
2. Open the Sniffer Token Website
After knowing Contract Address tokenOpen the Sniffer Token Website and enter the CA into the available column, then click the name token emerging.
3. Read the results of the analysis
After you click the name token What appears, the results of the analysis will be available soon. The first thing you have to check is the score, if the score is low you should be extra careful or immediately leave the project. Even so, a high score of up to 100 percent also does not guarantee that the project is safe.
Always do in -depth analysis starting from WhitepaperTeam developeruntil the project community before you invest.
At the bottom of the score, you will also find the results of the analysis along with a complete explanation that you can understand further.
Learn Safe to Invest with Token Sniffer
Token Sniffer can be the best friend for you who want to be safer in investing in crypto. With contract analysis features, liquidity checks, to the distribution of holders, you can assess the risk token Before going further. Remember, high scores are not absolute guarantees, so make sure to always do additional research.
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