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Apple-SOL Token Listed on Raydium with High Risks

The token Apple-SOL is presently listed on Raydium with a very low price of $0.00000321 and a market cap of just $3,200, indicating extremely limited overall valuation and liquidity of $320. The total supply stands at 1 billion tokens, with a concerning 100% of the tokens sent to different addresses by the deployer, which often signifies a high risk of rug pull or scam. The token's market cap to liquidity ratio is 10, highlighting potential liquidity risk amidst high decentralization vulnerability. Additionally, the mutable metadata and absence of mint and freeze authorities exacerbate security concerns. Overall, the token has a risky rating based on the token distribution and security profile, warranting extreme caution.
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AI Analysis

The Apple-SOL token's listing on Raydium presents multiple red flags from an investment/security perspective. The fact that 100% of the tokens were transferred to addresses by the deployer suggests a ...

AI Recommendation

Given the current profile of the Apple-SOL token, the most prudent course of action is to avoid investing until the token demonstrates improved liquidity, security measures, and a more transparent dis...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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