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ScamSonnar Blog

Educational articles on crypto scams, wallet security, and how to spot risky tokens and contracts.

367 articles · page 15 of 16

What Does Unlimited Token Approval Mean?

Every token swap asks you to "approve" first — and most defaults request unlimited spending access. Here's what that actually means for your wallet.

September 13, 2026

How to Check Solana Token Holder Concentration Before Investing

Solana's token account structure makes holder checks look different than on EVM chains. Here's how to actually find and read this data correctly.

September 12, 2026

What Does a Large Creator Token Balance Mean for Rug Pull Risk?

A deployer holding a large token balance is a rug pull risk no liquidity lock protects against. Here's how that pressure builds, and what to check.

September 12, 2026

Can a Token Look Legitimate Even if Its Supply Is Highly Concentrated?

A polished website and active community can coexist with dangerously concentrated ownership. Here's why looking legitimate proves nothing on-chain.

September 12, 2026

Why Should You Check Token Holder Distribution Before Buying?

Holder distribution takes seconds to check and reveals risk a price chart never will. Here's why it's one of the highest-value checks you can run.

September 12, 2026

Can One Wallet Control Most of a Token Supply?

When a single wallet holds most of a token's supply, the entire project's fate rests on one address. Here's how to spot it and what it actually means.

September 12, 2026

What Does a Large Top Holder Percentage Mean for a Token?

A high top-holder percentage isn't automatically a red flag — it depends who those holders actually are. Here's how to read the number correctly.

September 12, 2026

How to Check a Token Creator's History Before You Buy

A token's deployer wallet has a public history — including every other token it's created and what happened to them. Here's how to check it.

September 12, 2026

What a Smart Contract Audit Actually Guarantees (and What It Doesn't)

An audit checks for exploitable bugs — not whether a project's intentions are honest. Here's exactly what an audit badge does and doesn't guarantee.

September 12, 2026

How to Read a Block Explorer Before Trusting a Crypto Contract

A block explorer shows everything about a contract for free — if you know where to look. Here's which tabs actually matter before you trust one.

September 12, 2026

Can a Renounced Token Still Be a Scam?

Renounced ownership sounds like a safety guarantee, but it only closes off owner-gated functions. Here's everything it doesn't actually protect against.

September 12, 2026

What Does Contract Ownership Mean for a Token?

Almost every token has an owner wallet with special permissions — but what those permissions actually allow varies enormously. Here's what to check.

September 12, 2026

Can a Token Contract Prevent Certain Wallets From Selling?

Some contracts let most wallets trade normally while quietly blacklisting others from selling. Here's how selective trading restrictions work.

September 12, 2026

What a Honeypot Token Is and Why You Can Buy but Can't Sell

A honeypot token lets you buy freely but blocks the sale — by design. Here's exactly how the trap is coded, and how it gets caught before you buy.

September 12, 2026

What Does a Token Trading Pause Mean?

A trading pause can be routine — or a trap built into the contract to lock sellers out after they've bought in. Here's how to tell which.

September 11, 2026

How Wash Trading Creates the Appearance of Real Trading Volume

High trading volume looks like real demand — but wash trading manufactures the same signal artificially. Here's how it works and what to watch for.

September 11, 2026

Why Can a Token Price Rise When Almost Nobody Is Trading It?

On a thin liquidity pool, one small trade can send a price climbing with almost no real demand behind it. Here's why the chart can mislead.

September 11, 2026

How Can You Tell If Token Liquidity Can Be Removed?

Whether liquidity can be pulled comes down to one checkable fact: who holds the LP tokens. Here's exactly how to verify it yourself.

September 11, 2026

Can a Small Liquidity Pool Make a Token Easier to Manipulate?

A small liquidity pool is cheap to move — which makes it easy to fake a pump or trigger a crash. Here's why thin pools are prone to manipulation.

September 11, 2026

What Does Very Low Token Liquidity Mean for Buyers?

Very low liquidity means slippage, easy manipulation, and a harder exit than entry. Here's what a thin pool actually means for you as a buyer.

September 11, 2026

Why Can a Token Have High Liquidity and Still Be Risky?

A large liquidity pool looks reassuring, but it only answers one question. Here's what high liquidity doesn't tell you about a token's risk.

September 11, 2026

Why Does Token Liquidity Matter When Checking for Scams?

Liquidity isn't just a number on a dashboard — it's what determines whether you can actually get your money back out. Here's why it matters first.

September 11, 2026

How Can Minting New Tokens Lead to a Rug Pull?

A mint function lets a creator drain real value from a pool without ever touching the liquidity lock. Here's how minting turns into a rug pull.

September 11, 2026

Can a Token Creator Dump Tokens Without Removing Liquidity?

Locked liquidity doesn't stop a creator from dumping their own token allocation. Here's how that sell pressure works, and what to check.

September 11, 2026