High-Risk New Token 'M' with Low Liquidity and Concentration Concerns

This new token, named M, has been launched with a market cap of just $3,140 and very low liquidity of $313.60, which constitutes 10% of its total liquidity. The token is priced at a tiny $0.000003136, making it highly susceptible to price manipulation and volatility. The security features are lacking, with mutable metadata enabled and no mint or freeze authority, raising concerns about potential token manipulation or malicious updates. Top holders control significant portions of the supply, with one holder (Fftk...cXrv) holding nearly 5%, and the remaining distribution being quite concentrated. Importantly, the overall score assigned to this token is "Bad" with a rating of 3, marked with red and orange warnings. A major red flag is that 95% of the tokens' supply was sent to other wallets by the creator, which could indicate an early-stage distribution meant for potential rug pulls or pump-and-dump schemes. The low liquidity and high holder concentration further increase the risk profile. Overall, the token appears to be highly risky, with signs pointing toward manipulation, lack of security controls, and insufficient liquidity. It is advisable to approach this token with extreme caution and consider avoiding investment until more trustworthy features and stable liquidity are established.