risky
High-Risk Apple Token Surges on Raydium Amid Security Concerns
The token 'Apple' is currently trading on Raydium at a very low price of $0.00000319 with a market capitalization of approximately $3,200. It has a total supply of 1 billion tokens, with liquid assets around $319, indicating low liquidity and significant risk factors. The token's stable metadata is mutable, and it lacks mint and freeze authorities. Several holders own small percentages, but the majority of tokens were sent to other addresses by the deployer, raising substantial concerns about security and trustworthiness. Given these factors, the token exhibits high risk, with security vulnerabilities and limited liquidity, suggesting caution for potential investors.
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The 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.