autorenew
Lucky Coin (幸运币) on BNB Chain: Verification, Risks, and Research Guide

Lucky Coin (幸运币) on BNB Chain: Verification, Risks, and Research Guide

Editor's Pick: Check 幸运币's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

What we found

Our investigation into “幸运币” (Lucky Coin) on BNB Chain at address 0x5a9d206f325ff9ea370cf8b1e198998a4ba94444 could not confirm a token contract via public explorers. Queries on BscScan did not return a definitive token page for this address, suggesting one of the following:

  • The token contract doesn’t exist at the provided address.
  • The address is incorrect.
  • Activity is too minimal to be indexed or surfaced.

Complicating matters, “幸运币” and “Luckycoin” appear in other, unrelated contexts:

  • Luckycoin (LKY) is an older cryptocurrency dating back to 2013 (revived in 2024), reportedly traded on platforms like CoinEx. It runs on a different network and is not tied to the BNB Chain address above.
  • The BNB Chain meme launchpad Four.meme has shown tokens labeled “幸运币,” but those listings reference different contract addresses (for example, starting with 0x62… and 0x0f…), not 0x5a9d…444. This implies multiple projects are using the same name.

Bottom line: the address provided remains unverified as a Lucky Coin token on BNB Chain. Exercise caution.

Quick refresher: BEP-20 on BNB Chain

If a token did exist at this address, it would typically follow the BEP-20 standard:

  • BEP-20 is BNB Chain’s equivalent of Ethereum’s ERC-20. It defines how a token works: transfers, approvals, balances, and so on.
  • Transfers require BNB to pay gas fees.
  • Optional functions can include minting (increase supply), burning (decrease supply), pausing transfers, or blacklisting. These features can be helpful for security but also risky if misused by the developers.

How to verify any BNB Chain token (step-by-step)

Before you interact with any meme token, confirm it on-chain and off-chain:

  1. Validate the contract address

    • Search the address on BscScan. Look for:
      • A verified contract tab (code verified and readable).
      • Token details: name, symbol, total supply.
      • Holder distribution (avoid extreme centralization).
      • Ownership status (check if ownership is renounced or if an admin can change key parameters).
    • Mismatch between the name/logo and the address is a red flag.
  2. Check liquidity and trading visibility

  3. Review contract functions and permissions

    • Watch for functions like “setTax,” “pause,” “blacklist,” or unlimited “mint.” These can be fine in the right context but dangerous in meme tokens if the team retains control.
    • High transaction taxes or sneaky transfer rules can indicate a honeypot (you can buy but can’t sell).
  4. Inspect the project footprint

    • Official links: website, X/Twitter, Telegram, GitHub, and docs. Do they match the contract address?
    • Community signals: real conversations vs. botted engagement, consistent updates, and transparent communication.
  5. Compare with look-alike projects

    • “Lucky Coin” and “幸运币” are common names. Confirm you’re looking at the exact contract address mentioned in the official channels.
    • Distinguish the 2013 Luckycoin (LKY) and other variants on launchpads like Four.meme. Name overlap does not equal contract equivalence.

Red flags to watch

  • No verified token page on BscScan for the given address.
  • Multiple projects using the same name but different addresses.
  • Admin functions that can pause transfers, change taxes, or blacklist.
  • Very high buy/sell taxes or unusual transfer logic.
  • No social presence or mismatched links.
  • Zero or trivial liquidity, or liquidity that can be withdrawn immediately by the deployer.

Tools that help

Conclusion

Our review could not verify a Lucky Coin token contract at 0x5a9d206f325ff9ea370cf8b1e198998a4ba94444 on BNB Chain. Given the widespread reuse of the “幸运币” name and the absence of a clear, verifiable on-chain footprint, proceed carefully. Confirm the exact contract, validate liquidity, scrutinize permissions, and use analytics tools to reduce risk. In meme markets, due diligence is the difference between catching a trend and getting caught by one.

You might be interested