Cautious Analysis of Boochie Cryptocurrency Launch

The article discusses Boochie, a cryptocurrency on the Base chain, which shows no suspicious functions during analysis, indicating a potentially clean contract. However, this does not guarantee safety. The project is recently launched, with an initial market cap of approximately $4,200 that has grown to around $6,900, and it experienced a significant high of nearly $45,000. Currently, the price is about $0.00001652, with a decreasing 24-hour change of -3.55%. It has a relatively small liquidity pool and a significant portion of tokens held by the top few holders. The project has engaged in some airdrops, and the team has a negligible amount of their own funds in the contract. Despite some positive signs, the absence of audits and KYC raises caution, and the modest community involvement suggests higher risk.