FRISK (Solana): ATH on Launch but Centralization and Low Liquidity Raise Red Flags

I’m viewing Frisk (FRISK) on Solana at SOL $0.000033495 and tracking the immediate on-chain activity and market metrics for this new crypto token.

Price / Volume / B/S imbalance snapshots: 5M: 14.1% / $16.3K / 85/65. 1H: 408% / $155K / 679/597. 1D: 408% / $155K / 679/597. These short-term volume spikes and buy/sell ratios suggest heavy early buying momentum.

Market cap is $33.5K with liquidity around $11.5K. FRISK just reached an all-time high. The token is only 25 minutes old with 145 holders so far. Chart reference: /c_2CqiU4. Explorer: Solscan.

Smart contract and distribution details: Contract address 2CqiU44ogARR6dnbxUo4bzXrvvbM8PfLuiFnkC13BAGS. Top 10 holders control 57.1% (~$19.1K) distributed roughly as: 31%, 4.3%, 3%, 3%, 3%, 3%, 2.6%, 2.6%, 2.5%, 2.5%. The token is renounced; minting is disabled and freezable is off.

Platforms & screening: Photon | Axiom | DEXScreener | DexT. Promotion noted as a Solana volume booster. Given the ultrashort age, concentrated holder base, and low liquidity, I view this as a highly volatile and speculative Solana token trade opportunity rather than a long-term position.