Is BP safe? Backpack (BP · BPxx…) token check: mint authority, holders and liquidity
Safety check3 / 6
The project still holds the mint authority. Some projects use it for staking rewards or governance emissions; read the project's tokenomics to see how much can be minted.
The freeze authority can lock this token in any wallet so it can't be sold. Unusual and risky for this kind of token.
The ten largest accounts hold most of the supply. Some may be pools or exchanges, but if they are individuals, a few sells can crash the price.
Liquidity is in a normal range relative to its on-chain market cap.
The price has not fallen 60% or more over the past 30 days.
Trading activity over the past 24 hours looks normal.
Summary
Backpack (BP) is classified as a project token. Mint authority: still active; freeze authority: set; the top 10 accounts hold 96.5% of supply. 3 risk checks fired — see the items marked “!” below.
Liquidity ranks above 98% of tracked tokens.
Holder concentration is higher than 94% of tracked tokens.
30-day history
History builds up from the first day this token is tracked. The chart appears after a few daily snapshots.
Tokens with similar liquidity
FAQ
Can more BP be minted?
Yes. A wallet still holds the mint authority for BP and can mint new tokens, diluting existing holders.
Can BP be frozen in my wallet?
Yes. A freeze authority is set, so its holder can freeze this token in any wallet and stop it being sold. Common for regulated stablecoins, but a clear risk for a meme token.
Where can I trade BP?
According to DexScreener, BP currently has liquidity in 1 pools; the deepest is on meteora. Always check the token address to avoid look-alike tokens.
Market data: CoinGecko and DexScreener. On-chain data: Solana RPC. Updated daily. Powered by CoinGecko. This page states on-chain and market data only. It is not investment advice.