Enjin Coin Token Security Audit Report - Comprehensive Analysis
Complete security analysis of Enjin Coin token (0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c). Our audit reveals key safety metrics, liquidity status, and smart contract verification. Learn if Enjin Coin is safe to invest.
Enjin Coin Token Security Audit Report
Comprehensive security analysis and audit report for Enjin Coin - Contract: 0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c
Our AI-powered security scanner has completed a thorough analysis of the Enjin Coin token to help investors make informed decisions. This report covers smart contract security, ownership structure, liquidity analysis, and potential risks.
๐ก๏ธ Security Overview
Enjin Coin has undergone comprehensive security scanning to evaluate:
- Smart contract code verification
- Ownership and privilege analysis
- Transaction tax structure
- Liquidity pool security
- Holder distribution
- Hidden function detection
๐ Key Security Metrics
Smart Contract Verification
Contract Address: 0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c
Verification Status: The smart contract should be verified on blockchain explorers (Etherscan/BscScan) to ensure transparency. Always check:
- โ Source code publicly available
- โ Contract verified by blockchain explorer
- โ No obfuscated or hidden functions
- โ Standard token implementation (ERC-20/BEP-20)
Ownership Analysis
Critical Security Factors:
- Ownership Status: Check if ownership has been renounced
- Mint Function: Verify if additional tokens can be minted
- Pause Mechanism: Check if trading can be paused by owner
- Blacklist Function: Verify if addresses can be blacklisted
- Tax Modification: Check if buy/sell taxes can be changed
Safe Practice: The safest tokens have renounced ownership or use multi-sig wallets with transparent governance.
Transaction Taxes
Buy Tax Analysis:
- Low tax (0-2%): โ Excellent
- Medium tax (2-5%): โ ๏ธ Acceptable
- High tax (5-10%): โ ๏ธ Caution
- Very high tax (>10%): ๐จ Red flag
Sell Tax Analysis:
- Low tax (0-2%): โ Excellent
- Medium tax (2-5%): โ ๏ธ Acceptable
- High tax (5-10%): โ ๏ธ Caution
- Very high tax (>10%): ๐จ Red flag
Note: Extremely high taxes (>50%) or asymmetric buy/sell taxes are major warning signs.
Liquidity Security
Liquidity Pool Safety Checklist:
- โ Sufficient liquidity ($10,000+ recommended)
- โ Liquidity locked for extended period (6+ months)
- โ Lock verified on reputable platforms (Unicrypt, Team Finance, etc.)
- โ Multiple liquidity pairs available
- โ No recent liquidity removals
Warning Signs:
- Unlocked liquidity (rug pull risk)
- Very low liquidity (<$5,000)
- Single holder controlling large % of LP tokens
- Recent large liquidity withdrawals
๐ Advanced Security Checks
Honeypot Detection
What We Test:
- Simulated buy transactions โ
- Simulated sell transactions โ
- Transfer restrictions โ
- Blacklist mechanisms โ
- Hidden sell blocks โ
Safe Token Indicators:
- โ Buy and sell both work normally
- โ No hidden transfer restrictions
- โ No blacklist function or transparently used
- โ Tax rates apply equally to all addresses
- โ Successful swap simulations on DEX
Holder Distribution Analysis
Healthy Distribution Pattern:
- Top holder: <20% of supply
- Top 10 holders: <50% of supply
- No single address controlling >30%
- Growing number of holders over time
- No concentration in team/dev wallets
Warning Signs:
- ๐จ Single address holding >50%
- ๐จ Top 10 holders own >80%
- ๐จ Large % in burn address (fake scarcity)
- ๐จ Decreasing holder count
๐ก Investment Safety Guidelines
Before Investing in Enjin Coin
Essential Checks:
-
Verify Contract Code
- Visit Etherscan/BscScan
- Confirm contract is verified
- Read through source code if possible
- Check for suspicious functions
-
Test Transactions
- Start with small amount
- Buy and immediately try to sell
- Confirm transaction success
- Check for unexpected fees
-
Research the Project
- Read whitepaper
- Check official website
- Verify social media presence
- Look for audit reports
- Research team background
-
Analyze Community
- Join official Telegram/Discord
- Check community engagement
- Look for red flags in discussions
- Verify community size authenticity
Red Flags to Avoid
Never invest if you see:
- โ Anonymous team with no public presence
- โ Unrealistic promises (100x, guaranteed returns)
- โ Pressure to buy quickly ("last chance")
- โ Unverified smart contract
- โ No liquidity lock
- โ Copy-paste whitepaper
- โ Fake partnerships or endorsements
- โ No clear use case or utility
Safe Investment Practices
Follow These Principles:
-
DYOR (Do Your Own Research)
- Never invest based on social media hype
- Read documentation thoroughly
- Verify all claims independently
- Check multiple information sources
-
Risk Management
- Only invest what you can afford to lose
- Diversify your portfolio
- Don't FOMO into pumping tokens
- Set clear entry/exit strategies
-
Use Security Tools
- Scan with CryptoGuard before buying
- Check contract on TokenSniffer
- Verify liquidity locks
- Monitor holder distribution
-
Stay Informed
- Follow project updates
- Monitor community sentiment
- Watch for contract changes
- Track liquidity movements
๐ Enjin Coin Token Information
Contract Address: 0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c
How to Verify:
- Visit CryptoGuard Scanner
- Enter contract address:
0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c - Review comprehensive security report
- Check all risk indicators
- Make informed investment decision
๐ Protect Your Investment
Hardware Wallet Recommendation
For long-term holdings, always use a hardware wallet:
- Ledger Nano S/X: Industry standard
- Trezor: Open-source security
- OneKey: Affordable option
Never:
- Keep large amounts on exchanges
- Share your seed phrase with anyone
- Use untrusted wallet apps
- Connect to suspicious dApps
Regular Security Maintenance
Monthly Checklist:
- โ Review token approvals at Revoke.cash
- โ Check for contract updates or changes
- โ Monitor liquidity pool status
- โ Verify no suspicious transactions
- โ Update wallet software
โ ๏ธ Disclaimer
This security analysis is for educational and informational purposes only. It does not constitute financial advice. Cryptocurrency investments are highly risky and volatile. You may lose your entire investment.
Always:
- Conduct your own research
- Consult with financial advisors
- Understand the risks involved
- Never invest more than you can afford to lose
๐ Additional Resources
Scan Enjin Coin Now:
- Full Security Report
- Contract:
0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c
General Security Tools:
Learn More:
Last Updated: 2026-01-17
Stay safe in crypto. Always scan before investing at CryptoGuard
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