High-Risk SpaceX Token Listed on Raydium with Low Liquidity

The token SpaceX-SOL is listed on Raydium with a current price of $0.00000288 and a market capitalization of $2,900. It has a total supply of 1 billion tokens. The liquidity stands at $287, indicating a low liquidity environment. According to security features, the token's metadata remains mutable, with no mint or freeze authority assigned, which raises some concerns about control and security. Ownership distribution shows that approximately 4.93% of tokens are held by one address, while four other addresses hold 0.95% each. The risk rating for this token is considered high as 100% of the token supply was transferred by the deployer to other addresses, combined with a market cap to liquidity ratio of 10, which indicates a potentially risky or manipulated token. Given these factors, the token’s status on Raydium appears highly speculative with significant risk, especially considering the low liquidity, ownership distribution, and control issues.