Is aelf a scam?
LOW RISK · 29/100aelf (ELF) has an automated risk score of 29/100 — low risk. No single factor dominates aelf's assessment — the score reflects several converging measurements. Down 97% from its all-time high — among the deepest drawdowns we measure. Market cap under $100M — moderate manipulation risk.
Automated assessment · updated 30 August 2026

aelf
elfLOW RISK$0.0708
-0.91% (24h)
updating live price…
Risk Assessment
Risk Score
LOW RISK
Driven primarily by drawdown from all-time high (25 of 25 points). Every contributing factor is itemised below.
measured 2026-08-30 · 7 factors evaluated
Here is what the public data shows about aelf, ordered by how strongly each factor contributes to the score:
- Drawdown From All-Time High: Down 97% from its all-time high — among the deepest drawdowns we measure.
- Market Cap Risk: Market cap under $100M — moderate manipulation risk.
- Volume Anomaly: Volume at 6.2% of market cap — within normal range.
These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
25/25
100%
How far the price sits below its peak. Deep drawdowns are common to abandoned and post-collapse tokens, but also to assets in a prolonged bear market — on its own this measures price history, not conduct.
Volume Anomaly
Trading Signals
1/20
5%
Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps
Market Cap Risk
Market Structure
3/15
20%
Small market caps can be trivially manipulated by a single large holder (whale)
Not contributing (4): Supply Structure, Price Volatility, On-Chain Holder Concentration, Transparency Gaps — 0 points.
Key Metrics
Protect Yourself
- • Never invest more than you can afford to lose entirely
- • Check token concentration — if top 10 wallets hold >50%, be cautious
- • Verify the team is public and doxxed
- • Read the smart contract audit before buying
- • Be wary of unrealistic APY promises
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Community Comments
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What the contract allows
Ethereum · measured 2026-09-15
aelf’s deployed contract grants its owner 2 privileges that can affect your position. These are properties of the code itself, not allegations about anyone’s conduct — many legitimate projects retain them deliberately.
Owner can pause all transfers
Trading and transfers can be halted, locking holders in place.
Contract has a hidden owner
Privileged control exists at an address not exposed as the owner.
Checked and not present: change any wallet balance, blacklist wallets, mint new tokens, ownership can be reclaimed after renouncing, contract can self-destruct.
Source code: published and verified, so the deployed bytecode can be independently reviewed.
Contract analysis from GoPlus Labs · verify on-chain. An upgradeable contract can change after this reading.
How we counted holders here
Ten largest wallets
97.5%
including custodial
Largest private wallets
96.9%
after excluding 2
2 of aelf’s ten largest holders are labelled exchange, market-maker, treasury or vesting, liquidity-pool, staking, bridge, multisig or burn addresses — supply that is custodied, pooled or destroyed rather than sitting in one person’s wallet. Separating them out moves the top-10 figure by 0.6 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.
Wallets excluded from the top 10
| Address | Classified as | Label | Share |
|---|---|---|---|
| 0x7713…35ec | Exchange wallet | Bitfinex · Bitfinex: Hot Wallet | 0.69% |
| 0x47ac…d503 | Exchange wallet | Binance: Binance-Peg Tokens | 0.23% |
Classification applied to the 100 holder records returned for this contract; 90 remained after exclusions · measured 2026-08-30. Custodial wallets are identified by public address labels, so an unlabelled one may still be counted as private — this correction is a floor, not a guarantee.
aelf holder-concentration history
3 daily measurements · +0 pts over the period
FraudCoins.com has measured the share of aelf’s supply held by its top 10 non-exchange wallets on 3 days since 18 Jul 2026. The highest reading was 96.9% on 18 Jul 2026; the most recent reading is 96.9% on 30 Aug 2026.
Composite risk score (0–100)
Recorded measurements (3)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 96.9% | No | |
| 96.9% | No | |
| 96.9% | No |
Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.
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Frequently asked questions about aelf
Is aelf a scam?
We do not allege that aelf (ELF) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: Its ten largest private wallets hold 96.9% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 29/100 on our automated scale, which we label low risk. A high score means the asset has structural characteristics that have historically preceded losses — not that fraud has occurred. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.
Why is aelf flagged as low risk?
aelf's risk score is driven mainly by: drawdown from all-time high — Down 97% from its all-time high — among the deepest drawdowns we measure; market cap risk — Market cap under $100M — moderate manipulation risk; volume anomaly — Volume at 6.2% of market cap — within normal range.
Who controls aelf's supply?
On-chain data shows the top 10 holders of aelf hold 96.9% of the supply (burn and labelled exchange, staking and liquidity wallets excluded). This is shown for transparency and sits below our 50% manipulation-flag threshold.
Is aelf safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. aelf scores 29/100 (low risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.