Is FWDI a rug? Forward Industries, Inc. - Backpack Securities rug check
Safety checks
- Mint authority is ON — more tokens can be printed
- Freeze authority is ON — your tokens can be frozen
- Permanent delegate: the dev can move tokens out of any wallet
- Pausable: the dev can stop all transfers
- Confidential transfers: some balances and moves are hidden
- Name/image can still be changed by the dev
- Liquidity $63,518
- Rug guard: RugCheck: Mint Authority still enabled
- Rug guard: RugCheck: Permanent Control Enabled
- Rug guard: RugCheck: Freeze Authority still enabled
- Rug guard: RugCheck: Low Liquidity
- Rug guard: top 10 holders own 46% (max 35%)
What the scan noticed
- Permanent delegate set - one address can move or burn anyone's tokens, including yours.
- Mint authority is still active - more supply can be printed at any time.
- Freeze authority is active - holders' tokens can be frozen, so you might not be able to sell. (Normal for regulated stablecoins like USDC; a red flag on a memecoin.)
- Pausable - an authority can halt all transfers.
Market data
| Price | $7.5200 |
| Market cap | $411.5K |
| Liquidity | $63.5K |
| 24h volume | $15.2K |
| 24h buys / sells | 76 / 38 |
| Holders | 1,812 |
| Organic trading score | 0/100 (low) |
| Age | 35 days |
| Token program | Token-2022 |
| RugCheck score | 81 |
Top holders
| #1 6gDs…HgSo | 22.07% |
| #2 CPnw…fQNR | 11.28% |
| #3 FMdu…YCfE | 3.8% |
| #4 4eFA…Gh5u | 2.86% |
| #5 9nXD…VeMC | 2.46% |
| #6 L8da…bQeE | 2.17% |
| #7 5KXD…K6tD | 1.58% |
Top 10 hold 46.2% of supply.
Developer record
| Creator | EpicTastyMagpie · 6wEA…Pq3Q |
| Other coins launched | 4 |
| Launches in the last 7 days | 0 |
| Their coins that collapsed | 0% |
| Their coins that graduated | 0% |
FWDI rug check FAQ
Is FWDI a rug pull?
MAD Rugscope rates Forward Industries, Inc. - Backpack Securities (FWDI) as high risk with a score of 0 out of 100 (grade F). The dev can print more tokens and dilute you. It found 9 red flags and 2 warnings when last scanned on 21 Oct 2026. No scanner can promise a token is safe.
Can the FWDI developer mint more tokens or freeze wallets?
Mint authority is ON — more tokens can be printed. Freeze authority is ON — your tokens can be frozen.
Who holds FWDI?
The top 10 holders own 46.2% of the supply, across about 1,812 holders in total.
How much liquidity does FWDI have?
About $63.5K in liquidity with $15.2K traded in the last 24 hours and a market cap near $411.5K.
Links
dexscreener · pumpfun · solscan
How this works: Rugscope reads the token contract (mint, freeze, Token-2022 extensions), holder concentration and bundles, the developer's launch history, liquidity and organic volume, and, for pump.fun coins on the curve, a model trained on 48,857 real launch moments. Read the method.