Caution Advised: WLFI-SOL Exhibits High-Risk Factors on Raydium

WLFI-SOL is currently listed on Raydium, a decentralized exchange platform, representing World Liberty Financial. The token has an extremely low price of virtually zero and an overall market cap of just $14, with liquidity at only $29. The total supply is substantial at 100 billion tokens. Security attributes include fixed metadata, with no mint or freeze authorities, but a significant risk concern arises from the fact that 100% of the token supply was transferred to other addresses by the deployer, indicating potential rug pull risk. The token's liquidity is very low, at just $30, and the market capitalization is only half what the liquidity is, which can be indicative of a fragile or manipulated market. With 99.99% of tokens held by a single holder, there’s a high concentration that can lead to market manipulation. The security status is rated as "Risky," and the description, "Computer Assisted," adds little confidence to the token’s legitimacy. Investors should proceed with extreme caution due to the high risk profile, low liquidity, and suspicious token distribution.

Conclusion and Advice

Given the risk factors associated with WLFI-SOL, including the complete transfer of tokens by the deployer and very low liquidity, it is advisable to avoid investing at this stage. The token’s profile suggests high volatility and potential for rug pulls, which are common in such low-market-cap tokens.

For those interested in Raydium listings or new tokens, it’s crucial to perform comprehensive due diligence beyond surface information. Monitoring for signs of scam activity and waiting for more transparent project disclosures can help mitigate risks.