Solana's SUN Mascot Faces Distribution Risks and Low Security Profile

The Solana mascot, SUN, was launched over 486,241 hours ago with a market cap of approximately $35 million and a liquidity of $70,060, representing a very small fraction of the total supply. Priced at $0.03503, SUN is designed to encourage engagement, creativity, and entertainment within the Solana ecosystem. From a security standpoint, the token does not have mutable metadata, mint authority, or freeze authority, nor has its liquidity pool been burned, which may imply certain limitations or risks. The top holders include the creator, who owns 3.39% of the supply, and several addresses holding around 1% each. Notably, 97% of the total supply has been transferred to other wallets, which raises concerns about distribution and control. The overall score assigned to SUN is "Bad" (score 1), indicating a negative outlook, especially considering that the creator has moved the majority of tokens to other wallets. Given these points, one should be cautious about investing in or promoting SUN, as the significant redistribution and lack of security features suggest potential risks.

Conclusion

Considering the token's distribution, security profile, and low score, it appears to carry considerable risks that outweigh potential benefits. Proceed with caution and consider the overall security and control issues before engaging with SUN.