High-Risk SOL Token on Raydium with Low Liquidity and Ownership Concentration

The SOL token is currently active on Raydium with a very low price of $0.00000020 and a market capitalization of just $197. The token's security features are limited, with no mutable metadata, mint, or freeze authorities. The distribution of ownership shows that over 85% is held within Raydium's AMM, with a small percentage by the deployer and other addresses. Considering that approximately 9.5% of the total supply was transferred to different addresses by the deployer, and with the liquidity standing at only $376, the token presents a high risk profile. The low liquidity combined with a significant token ownership by the deployer increases the likelihood of price manipulation or exit scams, also known as rug pulls. The project claims to have had "no quake," possibly indicating no significant events or issues, but the risk factors strongly suggest caution. Investors should be wary of the low liquidity and concentrated ownership that can lead to volatile and unpredictable price swings.