SpaceX-SOL Listed on Raydium with High-Risk Profile

SpaceX-SOL is currently listed on RAYDIUM. The token, named SpaceX, is trading at a very low price of $0.00000008 with a market cap of just $839 and liquidity of $83. Its total supply is 10 billion tokens. Notably, 100% of the token supply was transferred to other addresses by the deployer, indicating possible high risk. The token's security features include mutable metadata, with no mint or freeze authorities. The holder distribution shows a significant concentration, with the largest holder owning around 4.98%. The token has a high risk rating primarily due to the tokenomics and security concerns, such as low liquidity and full transfer of supply by the deployer. Given these factors, there is considerable risk involved in this token. The low liquidity and absence of mint or freeze authority could lead to price manipulation or liquidity issues. Its presence on Raydium suggests it's part of the decentralized finance ecosystem but also indicates potential volatility. Investors should exercise caution, thoroughly research, and consider the risks before engaging with this token, as it appears to have characteristics typical of high-risk speculative assets.