risky

Furfication Token on Raydium: A High-Risk, Low-Liquidity Cryptocurrency

The token Furfication is currently on Raydium, with a very low price of $0.00000329 and a modest market cap of $3,300. The token has a total supply of 1 billion and low liquidity at $329. It is considered risky due to 100% of the supply being sent to addresses by the deployer and mutable metadata. Despite security features like no mint or freeze authority, the high risk factors suggest caution. The token's low liquidity and high risk profile may hinder trading or investment stability.
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AI Analysis

The Furfication token on Raydium presents a highly risky profile, primarily due to its distribution and security features. With 100% of its supply sent to various addresses by the deployer, there is s...

AI Recommendation

Given the current profile, it is advisable to avoid investing or trading Furfication at this stage. The risks associated with high token concentration, mutable metadata, and low liquidity suggest high...

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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