LABUBU-SOL is currently trading on RAYDIUM with a price of $0.00000321. The project has a market cap of $3,200 and liquidity of $320, with a total supply of 1 billion tokens. It features mutable metadata, with no mint or freeze authority. The distribution shows that nearly 5% of the tokens are held by a few addresses, indicating some level of centralization among early holders. The rating assigns a high risk due to 100% of tokens being sent to other addresses by the deployer, a low liquidity relative to market cap, and mutable metadata, which could imply potential for malicious actions or rug pulls. Despite the promotional messages, the token's risk profile suggests caution for investors considering entry.

High-Risk Token Launch on Raydium: LABUBU-SOL

The LABUBU-SOL token, recently launched on Raydium, presents signs of significant risk, primarily due to its distribution and control features. With all tokens sent to other addresses by the deployer, recent liquidity was only $320, highlighting the potential for price manipulation or rug pulls. Moreover, the token's mutable metadata allows for changes post-deployment, posing further security risks. Investors should scrutinize such attributes critically before considering involvement, as these factors may lead to substantial losses.

While the token might appeal to those seeking early opportunities, its current structure and distribution suggest it is a high-risk speculation rather than a stable investment. The low liquidity coupled with the high degree of control retained by the deployer indicates a need for caution. Investors should conduct thorough due diligence, including exploring the project’s links and the reputation of its deployer, before making any commitment.