What is CODE?

Symbol: CODE · Market cap rank: #11829

Short answer

CODE (CODE) is a cryptocurrency currently ranked #11829 by market capitalisation.

Source: isthiscoinascam.com

Overview

Code is an SPL-2.0 token on the Solana blockchain, utilizing the IQ6900 code-in inscription standard. It features a fair launch model that does not involve insiders. The token can be minted through a process that aligns with the principles of the BRC-20 framework, allowing for inscriptions to be exchanged for standard SPL tokens on decentralized exchanges.

The validation process checks the authenticity of mints according to the BRC-20 principle of "first is first." Participants can validate their mints by paying a fee, which contributes to the liquidity pool at an 80/20 mint-to-LP ratio. Mints that are not validated within a 24-hour period are removed from circulation.

Scam-risk analysis

CODE has a low score, indicating elevated scam risk based on the available data. Is CODE a scam?

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