Hi there, I am invested into a token known as "Lionsgate Finance" (LGATE). It is Ownership Renounced. The top holders show the burn address of %99.99, but the total supply is still reading "1,000,000,000,000,000,000,000", Also the market cap is not showing anything. It's got approx: 2,531 addresses. I am trying to research more about how to read the contract source code, but a bit confused if whether it is still minting more, due to there being a mint function. I compared to other contracts and some others don't have the mint function..
Also I found out poocoin has a marketcap for lionsgate, and it actually shows something. Market Cap: $32,339
Being that it's community ran now, with no owner, I'm with team trying to make something out of it and hope for the best.
It doesn't help none that we get people saying its a scam.. rug pull.. etc.. I'd like to verify on these topics and provide proof of info. Also they request to burn more supply... even though there is no ownership and control over the token..
So if anyone can help explain a bit more about what I'm reading within the contract code, and why BSCScan isn't changing much information, that would be great!
Thanks!
Links:
Main token page:
https://bscscan.com/token/0x847ee730c8163c0334c5049331ca884d7ff2e212#balancesContract page:
https://bscscan.com/address/0x847ee730c8163c0334c5049331ca884d7ff2e212Live Chart:
https://poocoin.app/tokens/0x847ee730c8163c0334c5049331ca884d7ff2e212
