strong sell

Risky SpaceX Token on Raydium Raises Concerns

The token associated with SpaceX on Raydium is currently considered risky due to several security concerns. The deployer has full control over mutable metadata and the mint authority remains active, increasing vulnerability. A significant portion (100%) of the total supply has been transferred to different addresses, which may imply distribution concerns or potential for malicious activity. The market cap is extremely low at $441, with liquidity only $44, indicating that trading volume and trustworthiness are limited. The token's value is negligible at $0.00000004, and the overall risk rating emphasizes caution. Given these factors, this investment carries high risk and should be approached very carefully.
Source available for registered users Sign Up Free

AI Analysis

Analyzing the SpaceX token listed on Raydium reveals several red flags that warrant close attention. The mutable metadata and active mint authority give the deployer considerable control over the toke...

AI Recommendation

Given the high-risk nature of the SpaceX token on Raydium, it is advisable to refrain from investing or trading this asset until more transparent information is available and the security concerns are...

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: