risky

Spark (SPK) Token Shows High Risk Due to Complete Owner Control and Low Liquidity

The Spark (SPK) token shows a market capitalization of approximately $15.17 with extremely low liquidity of about $30.35, which constitutes over 200% relative increase. The current price stands at roughly $0.015174. Notably, the token's security features such as mutable metadata, mint authority, and freeze authority are disabled, and its liquidity pool is unburned. Ownership is concentrated solely in one wallet controlling 99.99%, making it highly centralized. The overall score given to this token is poor (2), with a very low liquidity and complete ownership control by a single holder, indicating high risk and potential for manipulation or rug pull risk. Traders are advised to move quickly on Solana utilizing Trojan for faster trading.
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AI Analysis

The Spark (SPK) cryptocurrency on the Solana blockchain presents significant concerns from an investment perspective. Firstly, the market cap of approximately $15.17 indicates a very small valuation, ...

AI Recommendation

Given the extremely low liquidity, high ownership concentration, and overall poor security profile, it is advisable for traders and investors to avoid engaging with Spark (SPK) at this stage. The high...

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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