← Project CheckBackpack $BP — Project Check
Is Backpack legit or a rug? Here's an on-chain read of Backpack ($BP) on solana — its liquidity, holder concentration, contract control, and whether its X account matches the official account on its CoinGecko listing. Community health isn't scored here; run the live check for that.
solana · BPxxfRCXkU…VBjPCy
High on-chain risk — significant red flags for a KOL considering this project.
Grounding✓ @backpack verifiedExchange-based TokensCoinGecko #163
Flags
- Top 10 wallets hold 97% of supply — concentrated; a few holders could sell into your audience.
- 75% of supply is uncirculated (FDV $982.5M vs mcap $245.6M) — future unlocks could dump on holders, including a KOL paid in this token.
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Verified contract
Contract status not checked.
96
Official account verified
X account @backpack matches the official account on this token's CoinGecko listing.
98
Liquidity depth
Total liquidity is $3.8M.
46
Liquidity vs. valuation
Liquidity is 1.5% of market cap.
90
Market activity
24h volume is $1.7M (0.45x liquidity).
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Contract control
Contract control not readable.
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Liquidity lock
Liquidity lock not verifiable for this pool type.
71
Market age
Oldest market is 213 days old.
30
Supply overhang (unlock risk)
75% of supply is uncirculated (FDV $982.5M vs mcap $245.6M) — future unlocks could dump on holders, including a KOL paid in this token.
10
Holder concentration
Top 10 wallets hold 97% of supply — concentrated; a few holders could sell into your audience.
85
Holder base
29,778 holders.
90
Market presence
20 liquidity pools across DEXes.
86
Listing recognition
Listed on CoinGecko at market-cap rank #163.
Backpack — frequently asked
Does Backpack have enough liquidity?
Total liquidity is $3.8M.
Is Backpack's supply concentrated in a few wallets?
Top 10 wallets hold 97% of supply — concentrated; a few holders could sell into your audience.
Is Backpack's X account the verified official one?
X account @backpack matches the official account on this token's CoinGecko listing.
Taking a deal with Backpack?
Run the live check to add the community-health read — real vs manufactured engagement, and whether vetted creators actually engage — before you put your name on it.
Run the live check →On-chain and CoinGecko signals, cited — not financial advice. Always DYOR.