risky

Elon Musk Meme Token Rated 'Bad' Amid High Risk and Low Liquidity

The official Elon Musk digital asset has a market cap of $290.58 and a liquidity of $29.06, which constitutes 10% of its total. The launch involved an initial investment of 0.1 SOL plus an additional 5%. Its current price stands at approximately $0.0279. The security features show mutable metadata, no mint or freeze authority, and no burned liquidity pool tokens. Top holders include four addresses holding around 0.95% each, with the largest at 4.99%. The overall score is rated as 'Bad' with a risk level indicated by three red markers. Critical issues include very low liquidity, with only $29.06, and the creator sending 95% of the supply to other wallets, which raises concerns about centralization and potential manipulation. Mutable metadata adds to the risk profile, and the advice suggests copying trade and sniping using Trojan strategies.
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AI Analysis

The Elon Musk official meme token presents a concerning risk profile based on its current metrics. With only $29.06 in liquidity, representing roughly 10% of its total market cap, the token is highly ...

AI Recommendation

Given the current risk indicators, it is advisable to steer clear of investing in this token. The low liquidity makes it vulnerable to manipulation, and the centralized control over the supply heighte...

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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