Furmula Token on Raydium: High-Risk, Low Liquidity Cryptocurrency

Furmula (FURM-SOL) is currently available on Raydium with a very low trading price of $0.00000292 and a modest market cap of $2,900. The total supply is one billion tokens, but only $292 worth of liquidity exists, indicating limited trading activity. The token's security features include mutable metadata, with no mint or freeze authority, which could raise concerns about control and transparency. A significant 100% of the token supply was transferred to other addresses by the deployer, suggesting a potential risk of rug pulls or malicious intent. The risk rating is marked as "risky," due to low liquidity, high token transfer activity by the deployer, and mutable metadata. It is advisable for investors to exercise caution and conduct thorough due diligence before considering trading this token.