risky
High-Risk M Token on Raydium Offers Potential Gains but Comes with Security Concerns
The token M on Raydium is currently priced at $0.00000281 with a market cap of $2.8k and a liquidity of $280. It has a total supply of 1 billion tokens. The token's metadata is mutable, but it lacks mint and freeze authorities, which raises some security concerns. Around 4.93% of the supply is held by a single address, with several others holding less than 1% each. Notably, the token is rated as risky, as 100% of its supply was sent to other addresses by the deployer, and the market cap-to-liquidity ratio is high at 10, alongside low liquidity. Given these factors, caution should be exercised when considering this asset.
Source available for registered users Sign Up Free
AI Analysis
The M token on Raydium presents a high-risk profile owing to several concerning factors. The fact that 100% of the token supply was transferred to other addresses by the deployer indicates potential f...
AI Recommendation
Given the high-risk profile of the M token, a cautious approach is advised. Only consider trading a very small amount if you decide to engage, and be prepared for the possibility of sudden price swing...
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.