Is Beethoven X (Legacy) a scam?
HIGH RISK · 58/100Beethoven X (Legacy) (BEETS-LEGACY) has an automated risk score of 58/100 — high risk. Beethoven X (Legacy) is down 96% from its all-time high and is trading with very little liquidity relative to its size. That combination is common to abandoned and post-collapse tokens, but it also describes assets in a prolonged bear market — it is not evidence of any wrongdoing by anyone.
Automated assessment · updated 21 October 2026
Beethoven X (Legacy)
beets-legacyHIGH RISK$0.1011
+971.17% (24h)
updating live price…
Risk Assessment
Risk Score
HIGH RISK
Driven primarily by drawdown from all-time high (25 of 25 points). Every contributing factor is itemised below.
measured 2026-10-21 · 7 factors evaluated
Here is what the public data shows about Beethoven X (Legacy), ordered by how strongly each factor contributes to the score:
- Drawdown From All-Time High: Down 96% from its all-time high — among the deepest drawdowns we measure.
- Price Volatility: 971.2% swing in 24h — an extreme one-day move.
- Volume Anomaly: Near-zero volume (0.00% of MCap) — almost nothing trades, so a position of any size would be hard to sell near the quoted price.
- Market Cap Risk: Market cap under $100M — mid-sized; large trades can still move the price.
These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.
Why this asset is flagged as high-risk
The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.
Price is far below its all-time high while trading with very little liquidity — a pattern common to collapsed and dormant tokens, and also to assets in a long bear market
Very low trading activity relative to size. We measure market data only and do not assess development activity
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
15/20
75%
24-hour volume compared with market cap. Very high turnover can reflect genuine news-driven trading or inflated volume; very low turnover means the price is rarely tested. We measure the ratio and cannot attribute it to any party.
Market Cap Risk
Market Structure
3/15
20%
Market capitalisation. The smaller the asset, the less capital it takes to move its price.
Price Volatility
Price Action
15/15
100%
24-hour price change. Large one-day moves happen for many reasons, including news and thin liquidity; this measures the size of the move, not its cause.
Not contributing (3): Supply Structure, 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
Optimism · measured 2026-10-21
Beethoven X (Legacy)’s deployed contract grants its owner 1 privilege 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 mint new tokens
Supply is not fixed; new tokens can be created, diluting existing holders.
Checked and not present: change any wallet balance, pause all transfers, blacklist wallets, ownership can be reclaimed after renouncing, contract has a hidden owner, 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
None of Beethoven X (Legacy)’s ten largest holders matched a labelled exchange, market-maker, treasury or vesting, liquidity-pool or DeFi-protocol, staking or vault, bridge, multisig or burn address, so the 83.9% we report is simply the plain top-10 share. On many tokens a large share of supply sits in custodial or burn addresses and has to be separated out first; on this one it does not.
Classification applied to the 100 holder records returned for this contract; 97 remained after exclusions · measured 2026-10-21. 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.
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Frequently asked questions about Beethoven X (Legacy)
Is Beethoven X (Legacy) a scam?
We do not allege that Beethoven X (Legacy) (BEETS-LEGACY) 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 83.9% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 58/100 on our automated scale, which we label high 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 Beethoven X (Legacy) flagged as high risk?
Beethoven X (Legacy)'s risk score is driven mainly by: drawdown from all-time high — Down 96% from its all-time high — among the deepest drawdowns we measure; price volatility — 971.2% swing in 24h — an extreme one-day move; volume anomaly — Near-zero volume (0.00% of MCap) — almost nothing trades, so a position of any size would be hard to sell near the quoted price.
Who controls Beethoven X (Legacy)'s supply?
On-chain data shows the top 10 holders of Beethoven X (Legacy) hold 83.9% of the supply (burn and labelled exchange, staking and liquidity wallets excluded). This is shown for transparency and sits below our flag threshold.
Is Beethoven X (Legacy) safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Beethoven X (Legacy) scores 58/100 (high risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.