weak buy
Pi Network Token on Raydium Faces High-Risk Profile
The Pi Network token is currently listed on Raydium with a very low price of $0.00000289 and a total market capitalization of only $2,900. The liquidity stands at $288, and about 5% of the tokens are held by a small group of holders. The token's security features include mutable metadata, with no mint or freeze authority. The token's rating is marked as risky, mainly due to 100% of the supply being sent to other addresses by the deployer and a high market cap to liquidity ratio of 10. Additionally, the liquidity is quite low at $289, and the mutable metadata adds to the risk profile. Overall, the token exhibits significant red flags that suggest high risk, including centralization of tokens, low liquidity, and potential for manipulation.
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AI Analysis
The Pi Network token listed on Raydium appears to be a highly speculative and risky investment, primarily due to several concerning factors. Firstly, the total supply of the token is 1 billion, but an...
AI Recommendation
Given the risks identified, it is advisable to steer clear of investing in the Pi Network token on Raydium for now. The high centralization, very low liquidity, and mutable metadata are red flags that...
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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