risky

Furfication's Listing on Raydium Sparks Caution

Furfication is a cryptocurrency token listed on Raydium with a current price of $0.00000288 and a market capitalization of $2,900. The token has a total supply of 1 billion and liquidity of $288. It exhibits risky features, with 100% of the token supply transferred to other addresses by the deployer, a low liquidity ratio of 10%, and mutable metadata, indicating potential security concerns. Despite being part of the Solana ecosystem, the token's high risk rating suggests caution for investors.
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AI Analysis

The recent listing of Furfication on Raydium introduces a highly risky asset into the Solana ecosystem. With a market cap of only $2,900 and liquidity of just $288, the token's ability to sustain sign...

AI Recommendation

Given the high risk associated with Furfication, it is advisable for investors to avoid making significant investments at this stage. The token's distribution and liquidity issues indicate instability...

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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