strong buy
High-Risk LABUBU Token with Low Liquidity and Trust Issues
The token LABUBU has a very modest market cap of just $2.94K and extremely low liquidity at $293.80, which indicates a high level of risk and potential for volatility. The token's price stands at $0.000002938, and it was launched with an initial supply of 1 SOL plus a 5% fee.
From a security perspective, LABUBU exhibits concern with mutable metadata and no mint or freeze authorities, which can pose risks of unauthorized changes. Notably, 95% of the total supply was transferred by the creator to various wallets, further raising questions about the token’s distribution and trustworthiness. Major holders hold only small percentages, suggesting lack of broad distribution.
The overall score for LABUBU is rated as "Bad" (3), signaling a highly risky asset. The low liquidity, combined with the large amount of tokens sent away by the creator and mutable metadata, indicates significant vulnerabilities and potential for rug pulls or pump-and-dump schemes. Given these factors, investors should exercise extreme caution or avoid this token altogether.
LABUBU Token Alert: High Risk and Low Liquidity
The LABUBU token presents a very risky investment scenario with minimal market capitalization and liquidity. The security issues, such as mutable metadata and concentrated holdings with major controls in the hands of the creator, further amplify these risks. Investors should be wary of potential scams or sudden price manipulations. Proceed with caution and avoid investing unless thorough due diligence confirms safety and legitimacy.
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