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COOK

Solana COOK Token Shows High Holder Concentration and Complete Pool Burn

The Solana token named COOK has a market cap of approximately $29,987.75 and is priced at around $0.042998. It is traded on Raydium Launchlab with a liquidity pool of $16,532. The token exhibits safety features such as no further issuance and has been officially abandoned, with the entire pool burned at 100%. The top ten holders own 52.12% of the tokens. This initial detection by the community indicates a cautious optimism but highlights significant concentration and inclusion in decentralized exchanges. Overall, the token appears to have risks associated with high holder concentration and potentially limited utility or growth prospects at this stage.
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AI Analysis

The data suggests that the COOK token on Solana is presently a low-market-cap asset with approximately $29,987.75, indicating it is likely in early stages or niche within the ecosystem. The price at $...

AI Recommendation

Given the current data, it is advisable to approach the COOK token with caution. Its low market cap and high holder concentration suggest a risk of volatility and potential price manipulation. Investo...

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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