risky

Caution on Elon Trump Token Due to Low Liquidity and High Owner Concentration

Elon Trump presents itself as a new cryptocurrency with a market cap of $287.52 and a trading liquidity of $28.75, which accounts for just 10% of its initial value. The token was launched with a very low price of approximately $0.00002875 and requires only 0.1 SOL plus a 5% fee to acquire. Security features show that while the token's metadata can be modified, it lacks a mint authority and freeze authority, and the liquidity pool has not been burned. Major holders possess significant portions of the supply, with the top holder holding 4.99% and several others holding 0.95%. The overall score for this token is marked as bad (score 3), indicating poor investment prospects. Key concerns include very low liquidity, with just $28.75, a majority of the supply (95%) recently transferred by the creator to other wallets, and mutable metadata—all of which raise red flags about potential risks and lack of transparency.
Source available for registered users Sign Up Free

AI Analysis

The Elon Trump token appears to be a highly speculative asset primarily characterized by an extremely low liquidity pool valued at only $28.75. This low liquidity suggests that trading this token coul...

AI Recommendation

Investors should exercise extreme caution when considering the Elon Trump token. The current conditions—especially the very low liquidity, significant ownership concentration, and mutable metadata—sig...

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.

You might also be interested in: