Grade F · score 18/100 · Suspicious Thin · measured 2026-11-07

ELSA on Base: grade F

ELSA scores 18 out of 100 on transfer activity across the last 500 base blocks, which grades it F in the suspicious thin band. That places it 13 points above the base median of 5, at the 80th percentile of the 198 base tokens this scanner tracks, ranked 40 of 198.

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What grade F means here

An F is the bottom band. The token is essentially unreadable as a market: one or two transfers, or none, across the whole window. A handful of transfers, but too few wallets to call a market. Low activity scores catch tokens that look alive on a chart while almost nobody is actually moving them, which is the shape of both an abandoned project and a wash-traded one.

For ELSA specifically, the base median score is 5 across 198 tokens and the highest score on the chain is 94. ELSA sits +13 against that median, and it is one of 29 base tokens currently graded F.

How this was measured

The scanner reads transfer logs for the contract over the last 500 blocks and counts transfers, distinct sending and receiving wallets, mints, burns, and the share held by the largest wallet. Blocks are pulled in chunks against a private Alchemy endpoint with public gateways only as fallback, and coverage is recorded per call: if the reads do not cover the window, the response says PARTIAL instead of inventing a quiet token.

A 500-block window means different wall-clock time per chain. On Base that is the recent past rather than a daily average, which is the point: activity is the one thing a price chart cannot show you and a token list cannot fake.

Get the live read

curl "https://onchainforensics.dev/functions/forensicsVerdict?address=0x29cc30f9d113b356ce408667aa6433589cecbdca&chain=base"

Contract

More Base grades · All 500 graded tokens