risky
SpaceX-SOL on Raydium: A Highly Risky and Speculative Token
SpaceX-SOL is currently listed on Raydium, with the token priced at a very low $0.00000004. It has a market cap of $407 and a liquidity of $40. The total supply is 10 billion tokens. The token's security structure indicates mutable metadata and active mint authority, which can pose risks. Nearly 5% of tokens are held by a single wallet, with three other wallets holding around 1.9% each. The token is rated as risky due to active mint authority and the fact that all tokens were sent to other addresses by the deployer. The market cap to liquidity ratio is high at 10, and the low liquidity of $41 further increases the risk profile. The description simply states "SpaceX" and provides various links for more information.
Given these details, the token appears highly speculative, with significant risks related to security and liquidity.
Source available for registered users Sign Up Free
AI Analysis
SpaceX-SOL's listing on Raydium comes with multiple red flags, primarily its high risk rating. The token's low price and market cap suggest it is a micro-cap asset, which often implies high volatility...
AI Recommendation
Given the high risk profile and lack of security safeguards, it would be prudent to avoid investing in this token until further stability and transparency are demonstrated. High volatility and the act...
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.
You might also be interested in:
risky
risky