strong sell

High-Risk Tiktok Token on Raydium Prompts Caution

The Tiktok token on Raydium is currently priced at $0.00000295 with a market capitalization of $2.9k and low liquidity of $294. The total supply is 1 billion tokens. Security features include mutable metadata, with no mint or freeze authorities. Holders are concentrated among several addresses, with the top addresses holding around 4.93% and others with smaller proportions. The rating categorizes this token as risky, primarily because 100% of the token supply was transferred by the deployer, indicating potential for manipulation or rug risks. Additional details show that the token has links to multiple resources for verification and analysis, emphasizing the need for caution. Overall, this token presents high risk due to its poor liquidity, centralized holder distribution, and insecure deployment practices.
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AI Analysis

The Tiktok token listed on Raydium exhibits several concerning characteristics that impact its investment viability. With a market cap of only $2.9k and liquidity close to $300, the token is highly su...

AI Recommendation

Given the high-risk nature of this token, it is advisable to approach with extreme caution. If considering an investment, limit exposure and ensure thorough due diligence using external verification t...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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