High-Risk Ethereum Token with Centralized Supply and Low Liquidity

The Ethereum token currently has a very limited market capitalization of just $3.06K, with a low liquidity of approximately $305.76, representing 10% of the total. The token's price stands at an extremely low $0.000003058. Security aspects reveal mutable metadata, raising concerns about potential changes to token information, while minting and freezing authorities are not present, and the liquidity pool has not been burned. Major holders include one account holding nearly 5% and others holding around 0.95%, indicating a highly centralized ownership structure. The overall score assigned is "Bad" (3), highlighting significant risks. Key warnings include that the creator transferred 95% of the supply to other wallets, mutable metadata, and very low liquidity, which suggests potential vulnerability and a lack of trustworthiness in this token. The presence of these issues raises red flags concerning possible manipulative behaviors or low project credibility. Investors should exercise caution with this offering, especially given the security concerns and concentration of holdings. It is advisable to avoid acquiring this token until there are notable improvements in transparency, liquidity, and security measures. Monitoring further developments or reputation of the project could be prudent before making any financial commitment.