High-Risk Tiktok Token on Raydium Sparks Caution

The Tiktok token on Raydium is currently trading at a very low price of $0.00000320 with a market cap of just $3,200, indicating an extremely small-scale project. With a total supply of 1 billion tokens and only $319 in liquidity, this token poses significant risks for investors. Notably, all token supply was sent out by the deployer, and the token has mutable metadata, which raises concerns regarding security and transparency. Multiple small holders control a minor share of tokens, but the overall risk rating is high due to low liquidity, potential for rug pulls, and the fact that no mint or freeze authority is established. The description simply states 'Tiktok,' providing no substantive project details. Given these factors, this token appears highly speculative and risky, unsuitable for most investors seeking stable or secure assets.