strong sell
Apple Token on Raydium Faces High Risks Amid Low Liquidity and Deployment Concerns
The token Apple is currently trading on Raydium at a very low price of $0.00000294, with a market cap of just $2,900. The total supply is one billion tokens, and liquidity stands at $294, which is quite low, suggesting high risk. Notably, all token supply was sent to other addresses by the deployer, indicating potential security concerns. The token has mutable metadata, and there is no mint or freeze authority, adding to the risk profile. Multiple holders hold small percentages, with the largest holder controlling roughly 5%. Overall, the token is rated as risky due to high decentralization of tokens from the deployer, low liquidity, and mutable metadata.
Source available for registered users Sign Up Free
AI Analysis
The Apple token listed on Raydium presents a high-risk profile primarily due to its very low liquidity of only $294, which can lead to significant price volatility and difficulty in executing large tr...
AI Recommendation
Given the high-risk assessment based on low liquidity, distribution pattern, and mutable metadata, it is advisable to avoid investing in this token at present. For traders with high risk tolerance and...
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.
