SquidGrow
SQGROW
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SquidGrow (SQGROW) exhibits significant weaknesses across all evaluated categories, resulting in an overall weighted score of 2.9/10. Active development shows minimal visibility with no verifiable shipping or changelogs for 2025-2026. The community is in severe distress, marked by fractured engagement, user grievances concerning migration terms, and stark discrepancies between claimed and actual on-chain holder counts. Tokenomics and governance suffer from acute transparency deficits, featuring an unverified pseudonymous leadership team ('Shibtoshi'), no DAO or formal decentralized governance, and undocumented token allocations or reward vesting mechanisms. Security assessments reveal notable centralization vectors in contract audits—such as privileged balance modifications, minting rights, and blacklist capabilities—despite having audited smart contracts through SourceHat and Hacken. Market liquidity remains extremely thin with constrained adoption and purely speculative demand.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About SquidGrow (SQGROW)
SquidGrow (SQGROW) is a utility and meme token operating on Ethereum and BNB Chain that completed a smart-contract token swap and rename at a ratio of 2,000,000:1. First launched in June 2022, the token maintains a fixed total supply of 1 billion. The project encompasses several associated utilities and decentralized applications, including the SilentSwap protocol, an NFT marketplace, a liquidity locker, staking and LP staking pools, and a lottery system.
The project operates under pseudonymous leadership, featuring a founder known as "Shibtoshi," with unverified self-reported executive credentials. SquidGrow lacks decentralized autonomous organization (DAO) governance, structured voting mechanisms, or publicly verifiable documentation regarding token allocations and reward funding schedules. Market adoption remains constrained, with low daily trading volume across active exchange listings.
Smart contract audits have been performed by SourceHat in 2022 and Hacken in 2024. However, technical contract scans have identified notable centralization risks, including privileged administrative capabilities to mint tokens, modify account balances, adjust transaction taxes, and manage blacklists under non-renounced contract ownership. The project has also experienced community distress regarding migration terms, alongside significant discrepancies between marketing materials claiming over 500,000 holders and on-chain explorer data showing approximately 5,146 holders.