risky
High-Risk Furfication Token Listed on Raydium
Fur-SOL is currently listed on RAYDIUM under the name Furfication, with a minuscule price of $0.00000318 and a modest market cap of $3.2k. The token supply totals 1 billion, with a liquidity of only $317, indicating very low liquidity and high risk. Notably, 100% of the token supply was distributed to other addresses by the deployer, which raises concerns about the project’s stability and trustworthiness. The token’s rating is marked as risky, mainly due to mutable metadata, lack of mint and freeze authorities, and a low market cap to liquidity ratio of 10.0. It appears to be a new, highly speculative asset with significant security issues, designated as risky, and possibly vulnerable to rug pulls. Caution is advised when considering any investment or interaction with this token.
Source available for registered users Sign Up Free
AI Analysis
The Furfication token listed on Raydium presents several critical risk factors that potential investors need to consider. With a current price of just over three micro-dollars and a very small market ...
AI Recommendation
Given the extremely high-risk profile of the Furfication token on Raydium, it is advisable for most investors to approach with caution or avoid investing altogether. The factors such as low liquidity,...
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.
You might also be interested in:
strong buy