strong buy
Pudgy Penguins (PENGU-SOL) Listed on Raydium with High Risks
Pudgy Penguins (PENGU-SOL) is currently listed on Raydium with a price of $0.00000316, a market cap of $3,200, and liquidity of $315. The total supply stands at 1 billion tokens. The token features mutable metadata, with no mint or freeze authority, indicating a lack of restrictions on data modifications. The distribution shows over 4.9% held by a handful of addresses, and the token has a very low liquidity, which raises concerns about trading stability. Given that 100% of the supply was transferred by the deployer and the high ratio of market cap to liquidity, the risk is rated as high.
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AI Analysis
The Pudgy Penguins token (PENGU-SOL) on Raydium exemplifies typical risks associated with low liquidity tokens in DeFi environments. Its market cap is relatively small at around $3,200, with just $315...
AI Recommendation
Given the high-risk profile due to low liquidity, concentrated holdings, and mutable metadata, it is advisable to approach Pudgy Penguins (PENGU-SOL) with caution. Investors should consider avoiding l...
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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