High-Risk Low-Liquidity WLFI-SOL Token Listed on Raydium

The token WLFI-SOL is currently listed on Raydium. It has a very low market capitalization of just $14 and a liquidity of $29, with a total supply of 100 billion tokens. The entire token supply was transferred to other addresses by the deployer, with 99.99% held by a single holder, CnGo...caux. The token is rated as risky due to its extremely limited liquidity, which is only about half the market cap, and concerns regarding the distribution of tokens. While the token is associated with World Liberty Financial and listed on platforms like Raydium, its security and stability appear compromised, with no mutable metadata or authorities for minting or freezing. It is important for investors to exercise caution given the high risk profile outlined, including potential rug pull risks evidenced by the token distribution data. Investors interested in this token should be aware of the highly speculative nature and potential for significant loss. Thorough due diligence and consideration of the project's credibility are advisable before considering any investment. Overall, the token exemplifies characteristics typical of very high-risk, low-liquidity tokens often seen in early-stage or dubious DeFi projects.