BAGSFDN

Bags Foundation

SolanaBagsLaunched 11h ago

3prJZwbefJ1tqDKs3kn6BxwqAgjKFmVTQdHLD6MWBAGSExplorer

28/ 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 & market45 · 5/6

Holder distribution29 · 5/5

Identity & community40 · 2/2

Provenance & reputation67 · 3/3

Dove brief

Bags Foundation ($BAGSFDN) on Solana has been trading for 1 min via Bags.

Dove Trust Score 28/100: High risk (confidence 50%).

Strengths: Not flagged as rugged. Mint authority is revoked: supply is fixed. No collision with established coins.

Concerns: $886: effectively illiquid. Top 10 wallets hold 100% of supply. Deployer launched 119 other tokens that scored as high-risk.

Not yet verifiable: Liquidity locked / burned.

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

Red flags & warnings

Liquidity depth high
$886: effectively illiquid.
Top-10 concentration high
Top 10 wallets hold 100% of supply.
Largest holder high
One wallet holds 85.3% of supply.
Deployer reputation high
Deployer launched 119 other tokens that scored as high-risk.
Independent analyser findings med
Low Liquidity ($0.00)
Holder count med
Only 6 holders.
Market age
Brand new: 0 minutes old. No track record yet.
Trading activity
Only 7 trades in 24h.
Official website
No official website linked.
Social presence
Only one social channel linked.