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Godcoin on Raydium: A Moderate-Risk Token with High Centralization Concerns
Godcoin (SOL) is currently listed on Raydium, with a price of $0.00002304 and a market cap of approximately $23,000. The liquidity stands at $46,100, supporting a total supply of 1 billion tokens. The token's security features include mutable metadata, but it lacks mint and freeze authorities, which may affect its trustworthiness. An overwhelming 99.18% of the holders are from Raydium's AMM, indicating high centralized ownership. The rating is "Okay," citing good liquidity and a market cap to liquidity ratio of 0.5. With a relatively low market cap and limited holder distribution, potential investors should exercise caution. The token is associated with Raydium, a prominent decentralized exchange, which can support further trading activity.
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AI Analysis
Godcoin is a new cryptocurrency indexed on Raydium, a well-known decentralized exchange within the Solana ecosystem. Its market cap of about $23,000 and liquidity of over $46,000 suggest that it is a ...
AI Recommendation
Given the current profile of Godcoin, a cautious approach is advisable. The high percentage of tokens held by Raydium's AMM raises concerns about the potential for market manipulation or price swings ...
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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