DeepSeekAI-SOL on Raydium: High-Risk Token with Low Liquidity - Expert Analysis | Cryptochase AI
risky

DeepSeekAI-SOL on Raydium: High-Risk Token with Low Liquidity

DeepSeekAI-SOL is actively trading on RAYDIUM. The current price is $0.00000293, with a market cap of $2.9k and liquidity at $293. The total supply is 1 billion tokens. Security features indicate mutable metadata but no mint or freeze authority. Holders include several entities holding nearly 4.91% to 0.95%. The token is rated as risky, with all tokens sent to other addresses by the deployer and a liquidity-to-market cap ratio of 10, indicating low liquidity. The token's description is simply "DeepSeek AI Agent," and it is associated with multiple platforms like BirdEye, RugCheck, DexScreener, and Solscan, emphasizing its presence in the Solana ecosystem. Given the high risk rating, potential investors should be cautious and conduct thorough due diligence before engaging.
Source available for registered users Sign Up Free

Analysis

The DeepSeekAI-SOL token is currently trading on the Raydium decentralized exchange within the Solana ecosystem, highlighting its alignment with Solana's DeFi infrastructure.

From a security perspective, the token presents significant concerns: the ability to mutate metadata, no mint or freeze authority, and all tokens having been sent to other addresses by the deployer. These aspects generally suggest a lack of control and transparency, which are typical red flags in the DeFi space.

The token's market cap of merely $2.9k and liquidity of only $293 point to a low-trading volume environment. Such low liquidity can lead to high volatility and difficulty in executing large trades without impacting the token's price adversely.

Ownership distribution shows that a small number of holders control nearly 5% each, indicating a concentrated ownership structure that could influence price movements and pose risks of pump-and-dump schemes or price manipulation.

The high risk rating (

Recommendation

Due to the high-risk nature and low liquidity of DeepSeekAI-SOL, it is advisable to stay cautious. Only consider investing if you have a high risk tolerance and have conducted thorough due diligence. Monitor the token's activities closely for any signs of further centralization or significant token transfers by the deployer. It may be better to wait for improved security controls and liquidity before making any substantial investments. Avoid large trades that could significantly impact the market and seek additional information from reliable sources.

Disclaimer

The 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: