High-Risk Meme Token MUMU-SOL Listed on Raydium with Low Liquidity

The token MUMU-SOL is listed on Raydium, with a current price of $0.00000085 and a market cap of just $845. Despite its low price, the liquidity stands at $955, and the total supply is one billion tokens. The token's security features indicate no mutable metadata, and it lacks mint or freeze authority. Holders include a significant 28.21% under a specific address, along with 15.96% held by Raydium AMM, which points to notable distribution concentration. The rating categorizes it as risky, primarily because 84% of the token supply was transferred to other addresses by the deployer, and liquidity is very low. The market cap to liquidity ratio is also concerning at just 0.9, which suggests high volatility and potential difficulty in liquidity management. The narrative refers to Mumu the Bull, a character symbolizing optimism and the eternal bullish spirit, originating from meme culture. Given these factors, especially the high risk and low liquidity, caution should be exercised. While the meme and cultural references might boost speculative interest, the token's structural risk profile makes it unsuitable for conservative investors. It is critical to monitor for any community developments or liquidity improvements that could mitigate these risks over time.