Backpack (BP) climbs 17.22% as ARC AI flags contract as RISKY

Backpack (BP) advanced 17.22% over the past 24 hours, reaching $1.05. 24-hour trading volume hit $6.24 million, while the market cap settled at $261.32 million, ranking #144. The 7-day change is +5.99%, and the volume-to-market-cap ratio is 2.4%.

What ARC AI's data shows

• ARC AI’s safety scan of the Solana contract returned a RISKY verdict because mint authority is enabled, freeze authority is enabled, and top-10 holders have high ownership.
• The RugCheck risk score is 78/100, indicating a high risk level.
• Mint authority remains enabled, allowing new supply to be created.
• Freeze authority remains enabled, permitting wallets to be frozen.
• Zero percent of the main pool’s liquidity is locked.
• The honeypot check passed, meaning holders can sell.
• DEX liquidity across all pools totals $6.31 million.
• The oldest DEX pool is 227 days old.
• In the last 24 hours, 3,221 DEX trades occurred, comprising 2,003 buys and 1,218 sells.

The move came without a confirmed catalyst.

This is market information, not financial advice.