strong buy

High-Risk Token LABUBU Listed on Raydium

The token LABUBU is currently listed on Raydium, with a very low price of $0.00000291 and a modest market cap of $2,900. The total supply is 1 billion tokens, and liquidity stands at $290, indicating potential volatility. A significant 100% of the token supply was transferred by the deployer, which raises a red flag about security and trustworthiness. The token’s rating is classified as risky, due to features like mutable metadata and the lack of mint or freeze authority, alongside the high ratio of market cap to liquidity and low liquidity amount. Multiple small holders possess under 1% each, but the distribution pattern and recent activity suggest caution. Overall, this token exhibits high risk potential, mainly due to security concerns, limited liquidity, and uncertain credibility.
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AI Analysis

The listing of LABUBU on Raydium introduces a speculative investment scenario. Its extremely low price coupled with a minimal market cap signifies it is likely a recent or very small project. The fact...

AI Recommendation

Given the current data, the recommended course of action is to avoid investing in LABUBU unless one is prepared for significant risk and high volatility. Due to the security concerns, such as the high...

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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