High-Risk Meme Token Peanut the Squirrel Listed on Raydium

The token Peanut the Squirrel (PNUT-SOL) is currently listed on Raydium, exhibiting a very low price of $0.00000311 with a market capitalization of just $3,100 and liquidity of $311. The total supply is 1 billion tokens, with approximately 4.91% held by a single address and with no governance control over minting or freezing. The token is rated as risky, mainly because 100% of its supply was transferred by the deployer, and it has a high market cap-to-liquidity ratio, signaling potential volatility and low liquidity concerns. The description and links suggest it is a meme or speculative token, and the mention of 'RugCheck' further indicates a high risk of rug pulls. Given these factors, it's essential for investors to exercise extreme caution, as the token's profile points toward a high-risk speculative investment with significant liquidity and security concerns.