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LABUBU Token Listed on Raydium with High-Risk Indicator
LABUBU is currently listed on Raydium with a highly risky profile. Its market capitalization stands at only $2,900, with a very low liquidity of $294, and all tokens were transferred from the deployer, indicating potential security concerns. Mutable metadata and the absence of mint and freeze authorities further increase the risk. With a total supply of 1 billion tokens, the token's value is extremely low at $0.00000294. Due to these factors, caution is advised when considering any interaction with LABUBU.
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AI Analysis
The recent listing of LABUBU on Raydium raises several red flags that investors should carefully evaluate. The token has a very low market cap of just $2,900, indicating that it is still in the very e...
AI Recommendation
Given the outlined risks, it is advisable to steer clear of investing in LABUBU at this stage. The token's security vulnerabilities, low liquidity, and complete transfer of supply from the deployer su...
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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