Cryptoe ($TOE) Launch Shows High Risk Due to Concentrated Ownership and Low Liquidity

Cryptoe — $TOE has just been launched with an extremely low market cap of $19,070 and minimal liquidity of $141.68, representing only 0.74% of its total supply. The token's price stands at an almost negligible $0.00001907. The owner, which is the creator, controls 99.61% of the total supply, indicating significant centralization and potential risk of manipulation. The creator has also transferred 2% of tokens to other wallets, further raising concerns. The project's security features show no mutable metadata, mint authority, or freeze authority, and no liquidity pool burns have been executed so far. The prominent ownership concentration and very low liquidity suggest a high risk of rug pulls or price manipulation. The overall score is "Bad" with a rating of 3 out of 10, emphasizing the severe risk factors involved.