High-Risk Fartbook Project with Low Liquidity and Centralized Holders

The project Fartbook (FB) shows very concerning indicators for potential investors. It has a market cap of $290.76 and low liquidity of just $29.08, which constitutes only 10% of its starting value at 0.1 SOL plus 5%. The pricing is minimal at $0.0000279076. The security features include mutable metadata—posing risks—while mint and freeze authorities are absent, but the liquidity pool has not been burned. The largest holder controls nearly 5% of the total supply, and four other holders each also retain 0.95%, leading to significant centralization. The project's score is 'Bad' (3), highlighting very low liquidity, a majority of tokens transferred to wallets by the creator, mutable metadata, and risks associated with the centralization and security features. These factors suggest high risk and caution are warranted.