Funnycoin (FUN) Faces Security and Liquidity Challenges

The launch of Funnycoin (FUN) took place approximately 20 years ago, with a market capitalization of $150.7 million and a liquidity of only $30.14. The current price stands at $0.1507. The project aims to develop a fun, relaxed, and happy community as its core goal. However, there are significant security concerns including mutable metadata, mint authority, and freeze authority all being enabled, which introduces potential risks of malicious activity or manipulation. The liquidity is extremely low, with only $30.14 available, and the creator holds 100% of the supply, indicating a lack of decentralization. The overall score is rated as "Bad" with a level 5, and key risks are highlighted by active mint and freeze authorities, low liquidity, and the creator's full ownership. This project presents considerable risks for investors or participants, with vulnerabilities in security and a concentration of supply among the creator. The advice would be to exercise caution and consider avoiding involvement until these security issues are addressed and liquidity improves.