High-Risk Token CRCL-SOL Listings on Raydium

CRCL-SOL is listed on Raydium, a decentralized exchange on the Solana blockchain. The token, named Circle, has a very low price of $0.00000291 and a modest market cap of $2,900, with liquidity amounting to $291. The total supply is 1 billion tokens. Security features include mutable metadata, with no mint or freeze authority. Holders are concentrated among a few addresses, with the top holder owning around 5 billion tokens (about 4.92%), indicating significant distribution. The token is rated as risky, with notable red flags such as 100% of the supply being sent to other addresses by the deployer and a high market cap to liquidity ratio. The description is minimal, simply labeled "Circle," and includes links to on-chain explorers and related platforms. Given these factors, caution is advised before considering investment or trading in this token.

Risky Low-Liquidity Token Listed on Raydium

The token CRCL-SOL, linked to Circle, shows concerning risk indicators including high concentration among early holders, minimal liquidity, and a history of the deployer moving the entire token supply. Market cap relative to liquidity is high, which could indicate difficulty in trading or exit strategies. This suggests a high-risk investment with potential for volatility or loss.