strong buy
High-Risk Wrapped Solana Token Listed on Raydium
The WSOL2.0-SOL token is currently listed on Raydium with a price of $0.00000289 and a market capitalization of just $2.9K. It has a limited liquidity of $289 and a total supply of 1 billion tokens. The token's security features include mutable metadata but lack a mint and freeze authority, indicating potential vulnerabilities. Notably, 100% of the token supply was transferred from the deployer to other addresses, which is a significant risk indicator. The market cap to liquidity ratio is 10:1, and the liquidity remains low at $289, further emphasizing caution. The token is classified as risky due to these factors, including high token transfer activity by the deployer and low liquidity, which could lead to high volatility or vulnerability to manipulation.
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AI Analysis
The WSOL2.0-SOL token on Raydium presents concerning risk factors that traders should carefully consider. The fact that 100% of the token supply was moved from the deployer indicates a lack of trust a...
AI Recommendation
Given the high-risk profile of the WSOL2.0-SOL token, it is advisable for investors to avoid or tread with extreme caution. The transfer of the entire supply by the deployer and low liquidity pose ser...
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.