#MEMEFI# Base chain Meme coins have become a hotspot for security vulnerabilities. A research report from April 2024 indicates that in a sample analysis of 1,000 new Meme coins on the Base chain, 90.8% of the projects have at least one security flaw, including unlocked liquidity, unverified contracts, or involvement in honeypot scams.

About 20% of the projects were identified as deliberately malicious, 16.9% used tactics such as exaggerating sales taxes and setting token sale restrictions to commit fraud, and another 48 projects had taxes as high as 100%, akin to robbery.

Security experts point out that the root cause of vulnerabilities lies in: most projects lack resource auditing code, directly copying existing contracts leads to the spread of defects; at the same time, unverified contracts and operations such as not locking liquidity further amplify risks.

Base Chain Meme tokens have become a hotspot for security vulnerabilities. An April 2024 research report revealed that among 1,000 newly launched Meme tokens sampled on Base Chain, 90.8% had at least one security flaw, including unlocked liquidity, unverified contracts, or honeypot scams.

Approximately 20% of projects were deemed malicious actors, with 16.9% implementing scams through inflated token sales taxes or restrictive sell limits. Another 48 projects imposed a 100% transaction fee, equivalent to direct robbery.

Security experts attribute the root causes to: most projects copying existing contracts without audits, propagating vulnerabilities; unverified contracts and unlocked liquidity further exacerbating risks.

The meme currency on the Base chain has become a hotspot for security vulnerabilities. According to a survey report from April 2024, an analysis of a sample of 1000 newly issued meme currencies on the Base chain revealed that 90.8% of the projects had at least one security flaw (such as unlocked liquidity, unverified contracts, honeypot scams, etc.).

About 20% of the projects were identified as malicious acts, with 16.9% committing fraud due to excessive sales fees or token sale restrictions. 48 projects had a fee rate of 100%, which was akin to robbery.

Experts point out the root cause of the vulnerability: the defects spread because existing contracts were copied without an audit, and the risks were amplified by unverified contracts and unlocked liquidity.

The Base chain meme coin has emerged as a major disaster area for security vulnerabilities. According to a research report in April 2024, an analysis of a sample of 1,000 new meme coins on the Base chain found that 90.8% exhibited at least one security flaw, such as unverified liquidity, unverified contracts, or honeypot scams.

About 20% of these projects were found to be intentional malfeasance, and 16.9% used excessive sales commission manipulation and token sell restriction fraud methods. 48 projects were equivalent to robbery acts with a commission rate of 100%.

Security experts point out the root cause: most projects spread defects by copying existing contracts without audits, and unverified contracts and unlocked liquidity have exacerbated the risks.