Cedar

Cedar (CDR) is a micro-cap Solana token resulting from the merger and rebranding of previous Binance Smart Chain projects, specifically EverGrow Coin and Lucro. While the project exhibits a deflationary tokenomic structure with a fixed supply and a structured DAO governance model involving a committee, these positives are heavily outweighed by critical red flags. The project operates with virtually zero technical transparency, scoring near the bottom for active development due to a lack of public source code or repositories. Community support is weak and characterized as a 'zombie' user base comprised of legacy holders hoping to recover losses, rather than new organic growth. Furthermore, the 'security' score is compromised by the team's history; despite a wallet audit, the token itself is unaudited, and the pattern of wiping social media history from previous ventures raises significant concerns about accountability and the potential for negligence. With extremely low liquidity and a dependence on a 'merger' narrative to shed past baggage, the project presents disproportionate risks compared to its utility proposition.