High-Risk Tiktok Token on Raydium Raises Alerts

The Tiktok token on Raydium is highly speculative, given its very low price of $0.00000287 and a modest market cap of $2,900. Its liquidity stands at only $286, which indicates a fragile market and high potential for price volatility. Furthermore, the token is classified as risky because 100% of its supply was transferred by the deployer, and it has a high ratio of market cap to liquidity at 10:1, exacerbating potential liquidity issues. The token's mutable metadata and absence of a mint or freeze authority add to the uncertainty surrounding its security and long-term stability. With only a handful of holders holding significant stakes, the risk of pump-and-dump schemes or sudden sell-offs is elevated.