Highly Risky ERIC-SOL Token on Raydium with Limited Liquidity

The ERIC-SOL token on Raydium exhibits high risk due to its complete token supply distribution to different addresses by the deployer and extremely low liquidity, which stands at only $30. It has a very small market cap of $301 with a circulating supply of 10 billion tokens. Its security features include mutable metadata, but it lacks mint and freeze authorities. The token's distribution is heavily concentrated among a few holders, raising concerns about potential pump-and-dump schemes or manipulation. Given these factors, the token's risk rating is classified as risky, signaling a high possibility of significant volatility and potential loss.