strong buy

Pudgy Penguins (PENGU-SOL) Listed on Raydium with High Risks

Pudgy Penguins (PENGU-SOL) is currently listed on Raydium with a very low price of $0.00000287 and a small market cap of $2.9k. The total supply stands at 1 billion tokens. The token's security features include mutable metadata, with no mint or freeze authority, indicating potential risks. Approximately 4.91% of the total supply is held by one address, and a significant portion, 100%, has been sent to other addresses by the deployer. Liquidity is minimal at $286, and the ratio of market cap to liquidity is 10, which is quite high. The overall rating is "risky" due to these factors and the low liquidity, making it a highly speculative asset.
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AI Analysis

The Pudgy Penguins (PENGU-SOL) listing on Raydium exhibits several red flags that investors should carefully consider. The token's extremely low price and small market cap suggest it is a very new or ...

AI Recommendation

Given the analysis, it is advisable to approach Pudgy Penguins (PENGU-SOL) with extreme caution. The token’s high risk, low liquidity, and questionable control issues suggest that investment could res...

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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