risky
High-Risk Meme Coin Stitch-SOL Listed on Raydium
Stitch-SOL is currently listed on Raydium as a new meme coin called Little, priced at $0.00002363 with a market cap of $23.6k and liquidity of $47.3k. The token has a total supply of 1 billion and is characterized by mutable metadata but no mint or freeze authorities. Most tokens (92.75%) are owned by the deployer, and a small percentage are held by other addresses. The rating indicates high risk, with over 7% of the supply sent to other addresses by the deployer and only 2.62% held by other investors, suggesting significant centralization. Despite decent liquidity and a low market cap, the high risk rating and concentration of ownership imply caution. The coin is promoted as a new meme token with elements like fast transactions and limit orders, but investors should be aware of the substantial risks involved in such tokens.
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AI Analysis
In-Depth Analysis of Stitch-SOL on RaydiumThe listing of Stitch-SOL on Raydium as a new meme coin called Little indicates a recent entry into the highly speculative sphere of DeFi tokens. With a minim...
AI Recommendation
Advisory on Investing in Stitch-SOLConsidering the high risk and centralization risk associated with Stitch-SOL, it is advisable for potential investors to approach with caution. The significant owner...
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.
