High-Risk Assessment of Tiktok Cryptocurrency

Tiktok shows signs of substantial risks based on recent assessments. Its market capitalization stands at a mere $2,920 with very low liquidity of only $292, representing just 10% of the total. The initial token launch involved a small amount of 1.0 SOL plus a 5% fee, indicating a modest starting point. Security features reveal mutable metadata, no mint or freeze authority, and unburned liquidity pool tokens, which could impose limitations on stability and control. Top holders possess a significant share, with one address controlling nearly 5% of the supply, while the creator transferred 95% of tokens to other wallets, raising concerns about centralization and potential malicious intent. The score assigned to this project is 'Bad' (3), emphasizing the high-risk profile. Additional red flags include the mutable metadata and extremely low liquidity, which could hinder trading and exit options. Overall, Tiktok appears to be a high-risk venture with questionable security and substantial token control concentrated among a few holders. The combination of low liquidity, unchecked token mutability, and large token transfer by the creator suggests that caution is warranted before considering any investment or involvement in this project.