autorenew
Wangzai (旺仔) Token on BNB Smart Chain: Analysis, Risks, and What You Need to Know

Wangzai (旺仔) Token on BNB Smart Chain: Analysis, Risks, and What You Need to Know

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

The "旺仔" (Wangzai) token is a new entry on the BNB Smart Chain (BSC), sporting the contract address 0xbcb9aa6ebe01e835e0ecc60cbb6318802294006c. This guide breaks down what you need to know, from contract details and current stats to security considerations and practical tips for anyone considering a trade or investment.


What Is the Wangzai (旺仔) Token?

Wangzai is a BEP-20 cryptocurrency token launched on the BNB Smart Chain, which is known for its low transaction fees and rapid block confirmations. The token's symbol "旺仔" references a well-known Chinese snack brand, a common trend among meme tokens to leverage popular cultural elements for community building and viral appeal. However, there's no public information confirming an official connection between this token and the original Wangzai food brand.

Key Token Information

  • Token Symbol: 旺仔 (Wangzai)
  • Token Address: 0xbcb9aa6ebe01e835e0ecc60cbb6318802294006c
  • Network: BNB Smart Chain (BSC)
  • Token Standard: Likely BEP-20 (common for BSC, supporting broad wallet and dApp compatibility)
  • Trading Pair: 旺仔/WBNB on PancakeSwap V2
  • Current Price (approx.): $0.0004429 USD
  • 24-Hour Volume: ~$116,200 USD
  • Market Cap: ~$442,930 USD
  • Liquidity: ~$65,420 USD
  • Total Holders: 261 (early-stage)
  • Total Transactions: 650 (including 376 buys and 274 sells)
  • 24h Price Change: +81.1%

Trading & Liquidity

Wangzai can be traded on PancakeSwap V2, the primary decentralized exchange for BSC assets. The liquidity pool is modest, which is typical for new meme tokens and means price swings can be sharp if large buy or sell orders are placed.

Contract Audit & Security Assessment

From audit data via platforms like ApeSpace.io:

  • Source Code Verified: No (the contract is not verified on BscScan; code details are not publicly viewable)
  • Ownership: Likely renounced (suggesting the deployer has given up control, but without verification, this can't be fully confirmed)
  • Buy/Sell Tax: 0% (no additional fee is deducted on trades)
  • Mintable Function: None found (cannot arbitrarily increase supply, based on the audit)
  • Blacklist/Modifiable Balances: None detected
  • Honeypot Risk: Low (not flagged as a honeypot, meaning you can sell after you buy)
  • Other Mechanisms (anti-whale, cooldowns, pausable transfers): None found
  • External Calls / Wallet Tax / Tax Modification: None detected
  • Permanent Ownership: Likely, but not confirmed

Important: Even automated audit tools can miss hidden functions, especially in unverified contracts. Malicious developers sometimes use obfuscation to mask scam elements. Always do your own research.


Utility & Use Cases

No official documentation, whitepaper, or utility explanation is available. Likely scenarios:

  • Meme/Community Token: May be intended mainly for meme trading and community speculation rather than utility.
  • Possible DeFi/NFT integration: As a BEP-20 token, it could theoretically be integrated into DeFi or NFT projects, but there is no evidence of such use as of now.
  • Speculative Asset: Most trading activity is likely driven by hype and short-term speculation rather than long-term fundamentals.

Risks and Considerations

  • Unverified Contract: Without source code verification, investors can't easily review what the contract does. This raises the risk of hidden malicious features.
  • No Official Channels or Documentation: There's no whitepaper, website, or transparent developer team, which is a classic red flag.
  • Low Liquidity: Small liquidity pools make tokens vulnerable to price manipulation and slippage (you might get a worse price than expected when trading).
  • Brand Usage: The use of the "Wangzai" name does not confirm any relationship with the popular snack brand, which could lead to confusion or legal issues down the line.
  • Market Volatility: Meme tokens are famous for wild price swings and quick pumps/dumps.
  • Rug Pull Potential: As with any new and unaudited token, there's a risk the deployer could drain the liquidity pool and leave investors with worthless tokens.

How to Stay Safe When Considering Wangzai (旺仔) or Similar Tokens

  1. Review the Contract: Use BscScan to explore transactions and holders.
  2. Verify Listings: If the token is not listed on major aggregators like CoinMarketCap or CoinGecko, liquidity and security are typically lower.
  3. Assess Community/Developer Presence: Look for active social media, developer updates, or a real community. Absence of these is a risk.
  4. Understand Liquidity & Trading Pairs: Use platforms like PancakeSwap and DEX aggregators to check the real-time trading environment.
  5. Use Security Tools: Consider platforms that scan for scam risks or unusual contract behavior, such as OKLink or Blockscout.
  6. Wallet Safety: Only interact with the token using a reputable wallet like MetaMask or Trust Wallet that supports the BNB Chain.

Context: BNB Chain Ecosystem

Wangzai operates within the broader BNB Chain ecosystem, which includes BNB Smart Chain for smart contracts and dApps, plus related layer-2 and infrastructure solutions. While the chain is vibrant and supports many innovative projects, it's also a magnet for speculative launches—making diligent research crucial.


Quick Comparison: Micro-Cap Tokens

For context, BNBNB, another BSC token, trades at just $0.000058054 with a $5.8K market cap, showing how common tiny and volatile assets are on the network. Wangzai appears somewhat larger but still in early and high-risk territory.


Bottom Line

The Wangzai (旺仔) token is a new and highly speculative asset on BNB Smart Chain, with unverified contract code, no public development team or clear use case, and modest trading activity. While the zero buy/sell tax and likely renounced ownership are pluses, these do not eliminate the risks typical of new meme tokens—especially with no way to confirm the contract's true functionality. Trade with extreme caution, and never invest more than you can afford to lose.

For ongoing updates or to track token stats, keep an eye on the BscScan page, DEX listings, and community forums.


References & Useful Links

You might be interested