risky
Caution Warranted for Furmula (FURM-SOL) on Raydium
The Furmula token (FURM-SOL) is currently trading on Raydium with a very low price of $0.00000293 and a modest market capitalization of $2,900. The liquidity pool is $292, indicating limited trading activity. Approximately 4.83% of the total token supply is held by a single address, with several other holders controlling small portions. The token's security features include mutable metadata, and it has no mint or freeze authorities, which may pose risks. The token is rated as risky, as all tokens were sent out by the deployer, and the market cap to liquidity ratio is high, suggesting potential liquidity issues. Given these factors, caution is advised.
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AI Analysis
The Furmula token (FURM-SOL) presents several warning signs for potential investors or traders. Its market cap of only $2,900 combined with a liquidity of just $292 indicates that it may not sustain l...
AI Recommendation
Given the overall risky profile of Furmula (FURM-SOL), it is advisable to stay cautious and avoid making large trades or investments at this stage. The low liquidity and high concentration risk imply ...
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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