risky
High-Risk Furfication Token Listed on Raydium
Furfication is currently listed on Raydium with a very low price of $0.00000290 and a modest market cap of $2.9k. The token's total supply is 1 billion, but it has only $290 in liquidity, indicating very limited trading volume and liquidity concerns. The token is categorized as risky, as 100% of its supply was transferred from the deployer, and it features mutable metadata without any mint or freeze authorities. Several small holder addresses own portions of the supply, suggesting a highly concentrated distribution. Given these factors, the token appears highly speculative and potentially vulnerable to liquidity issues or pump-and-dump behaviors. Investors should exercise extreme caution when considering involvement with Furfication on Raydium, especially given the lack of stability and transparency details.
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AI Analysis
The listing of Furfication on Raydium presents a classic example of a highly risky crypto asset. With a market capitalization of just $2.9k and only $290 in liquidity, the token's trading environment ...
AI Recommendation
In light of the detailed risk assessment, it is recommended to approach Furfication with extreme caution. If considering any involvement, it should be only a very small, risk-capital allocation, fully...
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.
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