Useful

Useful Coin

Solanapump.funLaunched 1h ago

339aKEz22zMwys46JZW2X6EiabmwrDCczD3QAmrcpumpExplorer

42/ 100

Dove Trust Score

High risk

Serious red flags

Confidence50%

How much of the verification rubric we could actually evaluate. Unknown data never counts as safe.

Contract safety83 · 4/4

Liquidity & market38 · 6/6

Holder distribution66 · 5/5

Identity & community65 · 5/5

Provenance & reputation65 · 3/3

Dove brief

Useful Coin ($Useful) on Solana has been trading for 1 min via pump.fun.

Dove Trust Score 42/100: High risk (confidence 50%).

Strengths: Not flagged as rugged. Mint authority is revoked: supply is fixed. Liquidity sits on the launchpad's bonding curve and cannot be withdrawn by the creator.

Concerns: $1: effectively illiquid. Top 10 holders high ownership; Single holder ownership (74.43%); High ownership Only 8 holders.

Multiple serious red flags. The structure of this token resembles patterns commonly seen in rug pulls.

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Red flags & warnings

Liquidity depth high
$1: effectively illiquid.
Independent analyser findings med
Top 10 holders high ownership; Single holder ownership (74.43%); High ownership
Liquidity vs valuation med
Liquidity is 0.02% of FDV: price is largely unbacked.
Holder count med
Only 8 holders.
Volume realism
24h volume is 1,025x liquidity: possible wash trading.
Market age
Brand new: 0 minutes old. No track record yet.
Trading activity
Only 4 trades in 24h.
Largest holder
Largest wallet holds 6.4%.
Social presence
Only one social channel linked.
Reciprocal link verification
Website does not link back to the project's social accounts.
Contract shown on website
Contract address not found on the website.
Originality
Possible clone: artwork reused by 1 other token(s).
Deployer reputation
Serial launcher: 51 tokens from this wallet in 7 days.