Grass (GRASS) drops 14.88% as ARC AI flags risky mint authority

Grass (GRASS) fell 14.88% over the past 24 hours to $0.6508, a decline that came without a confirmed catalyst.

What ARC AI's data shows

• ARC AI’s safety scan of the Solana contract returned a verdict of RISKY because the mint authority remains enabled.
• The RugCheck risk score is 71/100, indicating a high level of risk.
• The mint authority can still create new supply.
• The freeze authority has been renounced, so holders’ wallets cannot be frozen.
• Zero percent of the main pool’s liquidity is locked.
• The honeypot check passed, meaning holders can sell.
• DEX liquidity across pools totals $497.4K.
• The oldest DEX pool is 731 days old.
• There were 2,191 DEX trades in 24 hours, with 818 buys and 1,373 sells.

The token’s 24-hour trading volume is $25.18M, and its market cap is $455.15M, ranking #118. The volume to market cap ratio stands at 5.5%.

This information is provided for market context only and does not constitute financial advice.