High-Risk WLFI-SOL Listing on Raydium Raises Concerns

WLFI-SOL is currently listed on Raydium. The token, named World Liberty Financial, has a total supply of 100 billion tokens, with a market cap of just $12 and liquidity at only $25. The initial data indicates a very minimal price of $0.00000000. A notable concern is the high risk rating; 100% of the token supply was transferred to other addresses by the deployer, which raises red flags about potential rug pulling. The market cap to liquidity ratio is extremely low at 0.5, and the liquidity is also very low at $26, suggesting difficulty in trading without significant price impact. The majority of holders (99.99%) are concentrated with a single address, which might imply centralized control or a lack of distribution. Overall, this token appears highly speculative and risky, with security vulnerabilities and minimal market activity that should be approached with extreme caution.