risky
LABUBU-Token Trading on Raydium with High Risk Indicators
The LABUBU-SOL token is currently trading on Raydium at a very low price of $0.00000295, with a market capitalization of approximately $2,900. The total supply is 1 billion tokens, with liquidity around $294, which suggests limited market depth. The token has a high-risk profile, indicated by the fact that 100% of its supply was transferred to different addresses by the deployer, and it features mutable metadata, with no mint or freeze authority. The distribution among holders is concentrated among a few addresses, with the largest holding about 5% of the supply. Given these factors, cautious investors should approach this token with significant caution, recognizing the potential for manipulation or loss due to its vulnerability and lack of security safeguards.
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Disclaimer
The 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.