$LIGHT In simple terms, the system is warning you: the contract rules of this token are not very friendly to retail investors and pose a potential risk of manipulation.
The three specific warnings are as follows:
1. Risk Tip Analysis High Price Volatility: This is a general reminder that this token may belong to a highly volatile small-cap coin, prone to rapid surges and drops.
On-Chain Token Trading May Be Suspended:
Meaning: This is a serious warning. It indicates that the token contract has a “switch” function.
Risk: The project team (administrators) can disable all sell (or buy) functions at any time by calling contract functions. This is common in “shitcoins” or “pump-and-dump” schemes, leading to situations where you buy but cannot sell.
Detection of Minting Permissions:
Meaning: The token contract owner has the “printing money” authority.
Risk: The project team can mint unlimited new tokens and sell them into the market. Once a large-scale issuance occurs, the token’s price will rapidly dilute and approach zero.
2. Will It Be Delisted? Regarding “delisting,” it depends on two scenarios:
If you see this on the xAn exchange (Spot/Derivatives trading area in the app): Tokens with such warnings are usually marked with a “seed” or “watch” label. If the project remains opaque or triggers security incidents, there is indeed a risk of delisting, but currently, it’s just a safety warning.
If you see this on the xAn Web3 wallet (on-chain DEX trading): This does not involve “delisting” because it’s decentralized. However, it indicates that the system considers the smart contract itself unsafe, and it’s recommended not to hold a large position or even participate, as the project team can “run away” or “shut down” at any time.
Summary and Recommendations The LIGHT token shown in the screenshot has 3 “warnings,” especially regarding minting and trading suspension.
My advice: Tokens with such configurations are regarded as “high-risk projects” in the crypto space. Unless you are very familiar with the project team’s background, it’s highly likely to be a risky scheme. The system detecting these permissions usually means the project team has a “backdoor” to harvest investors at any time.
Please be very cautious, do not hold any illusions, as these tokens often become untradeable exactly when you want to sell.
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$LIGHT In simple terms, the system is warning you: the contract rules of this token are not very friendly to retail investors and pose a potential risk of manipulation.
The three specific warnings are as follows:
1. Risk Tip Analysis
High Price Volatility: This is a general reminder that this token may belong to a highly volatile small-cap coin, prone to rapid surges and drops.
On-Chain Token Trading May Be Suspended:
Meaning: This is a serious warning. It indicates that the token contract has a “switch” function.
Risk: The project team (administrators) can disable all sell (or buy) functions at any time by calling contract functions. This is common in “shitcoins” or “pump-and-dump” schemes, leading to situations where you buy but cannot sell.
Detection of Minting Permissions:
Meaning: The token contract owner has the “printing money” authority.
Risk: The project team can mint unlimited new tokens and sell them into the market. Once a large-scale issuance occurs, the token’s price will rapidly dilute and approach zero.
2. Will It Be Delisted?
Regarding “delisting,” it depends on two scenarios:
If you see this on the xAn exchange (Spot/Derivatives trading area in the app): Tokens with such warnings are usually marked with a “seed” or “watch” label. If the project remains opaque or triggers security incidents, there is indeed a risk of delisting, but currently, it’s just a safety warning.
If you see this on the xAn Web3 wallet (on-chain DEX trading): This does not involve “delisting” because it’s decentralized. However, it indicates that the system considers the smart contract itself unsafe, and it’s recommended not to hold a large position or even participate, as the project team can “run away” or “shut down” at any time.
Summary and Recommendations
The LIGHT token shown in the screenshot has 3 “warnings,” especially regarding minting and trading suspension.
My advice: Tokens with such configurations are regarded as “high-risk projects” in the crypto space. Unless you are very familiar with the project team’s background, it’s highly likely to be a risky scheme. The system detecting these permissions usually means the project team has a “backdoor” to harvest investors at any time.
Please be very cautious, do not hold any illusions, as these tokens often become untradeable exactly when you want to sell.