strong buy
Monkey Coin (MCN) Security Risks Highlighted
The analysis indicates that Monkey Coin (MCN) is a highly risky and insecure investment with a low market capitalization of only $1,230 and an extremely low price per coin at $0.000002464. The security features reveal vulnerabilities, including the presence of mutable metadata and freeze authority still enabled, raising concerns over potential malicious changes or freezing of assets. The ownership distribution is heavily concentrated with Raydium holding 80%, indicating significant centralization risk, and the creator owning 20%, which could lead to potential dumping or manipulation. Given the score of 'Bad' and the various security issues, it’s advisable to exercise extreme caution or avoid investing in Monkey Coin until its security and ownership issues are resolved.
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AI Analysis
An in-depth review of Monkey Coin (MCN) reveals several red flags that cause concern for any prospective investor. The coin’s market cap stands at just $1,230, making it a micro-cap token highly susce...
AI Recommendation
Given the security vulnerabilities, extremely low market cap, and highly concentrated ownership structure, it is advisable to avoid investing in Monkey Coin (MCN) at this time. The risks of manipulati...
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.
