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BR Token Faces Security Risks Amid Low Market Cap and High Concentration
The project named BR exhibits significant security concerns with its freeze authority still enabled and the creator transferring 90% of the supply to other wallets, which is alarming. Its market cap stands at just $14,780 with a high liquidity of $2,960, indicating some trading activity, but the overall score is 'Bad' (2), reflecting a poor outlook. The distribution of top holders shows a concentration of tokens among a few addresses, including Raydium holding 10%, raising potential stability risks. These factors suggest the token faces substantial risks related to centralization and security, which could impact its future value and trustworthiness.
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AI Analysis
The BR token presents a concerning security profile with key authoritative controls still active, such as the freeze authority. This feature, if misused or compromised, could allow malicious actors to...
AI Recommendation
Given the current security concerns, including enabled freeze authority and major token transfers by the creator, it is advised to approach BR with significant caution. Investors should consider avoid...
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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