High-Risk Token Alert: SpaceX-SOL on Raydium

The token SpaceX-SOL is listed on Raydium with a very low price of $0.00000009 and a market cap of $874. The total supply is 10 billion tokens, with only $87 liquidity available. A significant 100% of the token supply was transferred to other addresses by the deployer, and the token has a high risk rating due to low liquidity and mutable metadata. Multiple holders own small proportions of the supply, and there is no mint or freeze authority. The token is associated with platforms such as Raydium, Solscan, and DexScreener, with a positive note on swift trading and potential gains. Given the high risk profile, low liquidity, and the fact that the entire token supply was moved post-deployment, this token appears to carry substantial risk, possibly indicative of a speculative or even a potentially scam project. The mutable metadata further adds to the risk, as it could allow malicious alterations. Such attributes suggest caution when considering investment or trading in this token.

Concise Opinion

SpaceX-SOL on Raydium presents a highly risky investment opportunity characterized by low liquidity, complete token transfer by the deployer, and mutable metadata. This combination raises red flags about trustworthiness and liquidity constraints, implying that only experienced, risk-tolerant traders should consider engaging with this token.