SpaceX-SOL on Raydium: A High-Risk Token with Low Liquidity

SpaceX-SOL is currently listed on RAYDIUM with a price of $0.00000293, a market cap of $2.9k, and a liquidity of $292. The total supply is 1 billion tokens. The token has mutable metadata, and the deployer has sent the entire supply to different addresses, indicating potential risk. Only 4.92% of tokens are held by a few addresses, with the remainder likely dispersed. The ratio of market cap to liquidity is high at 10, and the liquidity is low at $293, which may suggest difficulty in executing large trades without impact. The risk rating is high, primarily due to the complete transfer of tokens from the deployer and the mutable metadata, adding to the uncertainty about token stability and project reliability. The token does not have mint or freeze authority, which limits some control but does not mitigate the overall risks. Given these factors, this token presents significant risk and should be approached with caution, especially considering its low liquidity and high risk profile.