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SolCard's High-Risk Profile on Raydium Spurs Caution

SolCard (SOLCARD-SOL) is currently listed on Raydium with a price of $0.016083, a market cap of $16.1 million, and an available liquidity of $80.4K. The token has a total supply of 1 billion units. The security features show that metadata is immutable, and there are no authorities for minting or freezing tokens. Ownership is heavily concentrated, with 99.75% held by the deployer and only 0.25% by Raydium AMM. The risk rating is high, mainly because nearly all tokens are owned by the deployer, and the market cap to liquidity ratio is 200, indicating potential liquidity concerns. SolCard is promoted as a Solana-based token aimed at providing fast, secure, and stylish card-like payments. Given the current distribution and risk indicators, caution is advised for investors.
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AI Analysis

SolCard (SOLCARD-SOL) operates within the Solana ecosystem on Raydium, a decentralized exchange platform known for its liquidity pools. The token's initial metrics show a modest price, a reasonable ma...

AI Recommendation

Investors should approach SolCard with caution, recognizing the high ownership concentration and liquidity risks. It is advisable to avoid large investments until the distribution becomes more decentr...

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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