Is Four a scam?
LOW RISK · 27/100Four (FORM) has an automated risk score of 27/100 — low risk. Four is down 94% 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 31 August 2026
Four
formLOW RISK$0.2443
-1.66% (24h)
updating live price…
Risk Assessment
Risk Score
LOW RISK
Driven primarily by drawdown from all-time high (20 of 25 points). Every contributing factor is itemised below.
measured 2026-08-31 · 6 factors evaluated
Here is what the public data shows about Four, ordered by how strongly each factor contributes to the score:
- Drawdown From All-Time High: Down 94% from its all-time high — anyone who bought at the peak is far underwater.
- Market Cap Risk: Market cap under $100M — mid-sized; large trades can still move the price.
- Supply Structure: ~33% held off-market — a moderate share is still to be released.
- Volume Anomaly: Volume at 2.3% 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.
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
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
20/25
80%
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%
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.
Supply Structure
Tokenomics
3/20
15%
Free float (circulating vs total/max supply). A low float means much of the supply has yet to reach the market, so the price is set by a small share of it and future releases could dilute holders. Estimated from reported supply; holder data read from the chain is scored separately.
Not contributing (2): Price Volatility, 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
Embed Risk Badge
Writing about this coin? Embed our risk badge — it updates automatically with each scan.
Community Comments
Loading comments…
What the contract allows
BNB Chain · measured 2026-10-14
Four’s deployed contract grants its owner 3 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 blacklist wallets
Specific addresses can be barred from transferring the token.
Owner can mint new tokens
Supply is not fixed; new tokens can be created, diluting existing holders.
Contract has a hidden owner
Privileged control exists at an address not exposed as the owner.
Checked and not present: change any wallet balance, pause all transfers, 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
94.4%
including custodial
Largest private wallets
56.7%
after excluding 4
4 of Four’s ten largest holders are labelled exchange, market-maker, treasury or vesting, liquidity-pool or DeFi-protocol, staking or vault, 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 37.7 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.
Most of Four’s supply therefore sits in the excluded addresses. Burned supply is permanently gone, but treasury, vesting and foundation holdings are excluded too, and those can still reach the market when they unlock — a low private-wallet figure is not the same as a low future sell-side risk.
Wallets excluded from the top 10
| Address | Classified as | Label | Share |
|---|---|---|---|
| 0xf977…acec | Exchange wallet | Binance: Hot Wallet 20 | 35.59% |
| 0x8894…d4e3 | Exchange wallet | Binance · Binance: Hot Wallet | 1.60% |
| 0x0d07…92fe | Exchange wallet | Gate.io · Gate.io: Hot Wallet | 1.34% |
| 0x7cb1…0cb5 | Liquidity pool | PancakeSwap · PancakeSwap: V3 Pool | 0.64% |
Classification applied to the 100 holder records returned for this contract; 90 remained after exclusions · measured 2026-08-31. 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.
Four holder-concentration history
12 dated measurements · -1.5 pts over the period
FraudCoins.com has measured the share of Four’s supply held by its top 10 non-exchange wallets on 12 days since 18 Jul 2026. The highest reading was 58.2% on 18 Jul 2026; the most recent reading is 56.7% on 31 Aug 2026.
Composite risk score (0–100)
Recorded measurements (12)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 56.7% | Yes | |
| 56.7% | Yes | |
| 56.7% | Yes | |
| 56.7% | Yes | |
| 56.8% | Yes | |
| 57.2% | Yes | |
| 57.7% | Yes | |
| 57.4% | Yes | |
| 57.5% | Yes | |
| 58% | Yes | |
| 58.1% | Yes | |
| 58.2% | Yes |
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.
Track Four and 1,700+ other assets
One email when any coin newly crosses our 50% top-10 holder-concentration threshold. No account needed.
Confirmed opt-in, unsubscribe in one click. We don’t sell your data — see our privacy policy.
Frequently asked questions about Four
Is Four a scam?
We do not allege that Four (FORM) 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 56.7% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 27/100 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 Four flagged as low risk?
Four's risk score is driven mainly by: drawdown from all-time high — Down 94% from its all-time high — anyone who bought at the peak is far underwater; market cap risk — Market cap under $100M — mid-sized; large trades can still move the price; supply structure — ~33% held off-market — a moderate share is still to be released.
Who controls Four's supply?
On-chain data shows the top 10 holders of Four control 56.7% of the supply, after excluding burn and labelled exchange, staking, bridge and liquidity wallets. At that level ten wallets hold enough supply to move the price on their own. This measures holdings, not how any holder has acted.
Is Four safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Four scores 27/100 (low risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.