High-Risk Tiktok-SOL Token on Raydium Sparks Caution

The Tiktok-SOL token is currently positioned on Raydium with an extremely low price of $0.00000288 and a market cap of only $2,900. Despite the decentralized nature of tokens on Raydium, this particular token exhibits high risk factors, including 100% token supply being transferred to different addresses by the deployer. Additional concerns arise from its low liquidity of just $288, a market cap to liquidity ratio of 10, and mutable metadata, which diminishes security assurances. The token's holder distribution is concentrated among a few addresses, with five addresses holding nearly 4.75% of the supply each, indicating potential centralization and vulnerability to manipulation. The overall rating strictly categorizes this token as "risky," suggesting caution for investors. Given these factors, this token appears highly speculative, with significant risks related to security, liquidity, and centralization. It is likely unsuitable for conservative investors and warrants careful due diligence before any engagement.