LABUBU Cryptocurrency Risks and Low Liquidity Concerns

This token, LABUBU, currently has a market capitalization of only $2,910, with a liquidity of just $291.12—representing 10% of its total supply. Its price stands at an extremely low $0.000002911. Security features reveal mutable metadata, which poses a risk, and it lacks mint and freeze authorities. It’s notable that 95% of the supply was transferred by the creator to various wallets, indicating a high level of centralization and potential for manipulation. The top holders are concentrated among a few wallets, each holding nearly 1% of the supply. The overall score marks LABUBU as a "Bad" investment, reflecting significant concerns. The low liquidity, combined with the mutable metadata and the creator’s substantial distribution of tokens, suggests a high-risk profile. These factors point to possible vulnerabilities, including potential rug pulls or price manipulations. Given these conditions, **it is advisable to avoid investing in LABUBU** at this stage. The high concentration among few holders and the weak security measures create an environment that favors speculative and manipulative behaviors, making it unsuitable for cautious investors. Instead, consider more established tokens with transparent tokenomics and stronger security features.