risky

Meme Token Taco (TC) Launch Signals High Risk and Concentration

The meme token Taco (TC) boasts the highest on-chain meme reputation with a clear mission statement. It has a market cap of approximately $821.72 and liquidity of $1,480, indicating a robust trading activity with significant liquidity. The current price is around $0.000082172, and the token was launched just moments ago. Security features are adequate, with no mutable metadata, mint authority, or freeze authority, and no liquidity pool burned. The top holder is Raydium with 90%, and the creator holds 10%, which may raise some concerns about concentration. The overall score is poor, rated as 'Bad' at 1, suggesting high risk or instability. The token's community and security structure are relatively simple, and the high concentration of ownership could pose risks for price manipulation or sudden dumps. Given these factors, this meme token might be more suitable for speculative traders rather than long-term investors.
Source available for registered users Sign Up Free

AI Analysis

The analysis of Taco (TC) reveals a newly launched meme token with a relatively small market cap of $821.72 and liquidity of $1,480, which constitutes 180% of its initial value, indicating liquidity p...

AI Recommendation

Considering the high risk and concentration issues identified, it is prudent to approach Taco (TC) with caution. Short-term traders might find opportunities in volatility, but long-term investors shou...

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.

You might also be interested in: