High-Risk PI-SOL Token on Raydium Amid Low Liquidity and Security Concerns

The PI-SOL token on Raydium is perceived as high risk, with a market cap of just $3, and very low liquidity of $304. Significant portions of the token supply have been transferred by the deployer, and the project has mutable metadata without mint or freeze authorities, which raises further concerns about security and control. The token's limited market cap, combined with its high risk rating, suggests caution for potential investors or traders. Monitoring might be prudent, but substantial caution is advised given the limited data and security issues.