High-Risk Launch, Low Liquidity, and Centralized Control Raise Concerns for Furmula (FURM)

Furmula has been launched with a market cap of only $2.93K and a very low price point of $0.000002926. The token's liquidity stands at $292.58, constituting roughly 10% of the total market value, indicating limited trading volume and potential liquidity issues. Key concerns include mutable metadata and the creator having sent 95% of the supply to different wallets, which raises red flags about possible pump-and-dump schemes or centralized control. Top holders own a small percentage each, further emphasizing concentration risk. Given the low liquidity, high token supply concentration, and the mutable metadata feature that can be altered, this launch appears risky and potentially manipulative. The "Bad" score reinforces the concern, and the low market cap suggests that this token is in its very early, highly speculative stage. Investors should be cautious and consider the high risk of pump-and-dump schemes or rug pulls associated with such small, concentrated, and mutable tokens. A detailed due diligence process is crucial before engaging with this token at this stage.