weak buy
Tesla-Inspired Meme Token on Raydium Sparks Caution
The OFFICIAL TESLA token on Raydium is a high-voltage meme token on Solana, priced at $0.01529000 with a market capitalization of $15.3 million and liquidity of $76.5k. It has a total supply of 1 billion tokens. The token's security features include immutable metadata, and it is not controlled by mint or freeze authorities. Major holdings are concentrated among a few addresses, with the deployer holding 1.44% of the supply. The risk rating is considered risky due to over 98.6% of tokens being sent to other addresses by the deployer and a high market cap to liquidity ratio of 200. Despite the good liquidity, the token's high risk suggests caution. It is inspired by innovation, speed, and energy but is not affiliated with real Tesla Inc., serving as a meme token for fun on Solana.
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AI Analysis
The OFFICIAL TESLA token on Raydium presents itself as a high-voltage meme coin with a significant market cap of $15.3 million, indicating notable market interest. Its liquidity of $76.5k facilitates ...
AI Recommendation
Given the high-risk profile and concentrated token holdings, it is recommended to either wait and observe the token's trading behavior over a longer period or consider skipping a direct investment at ...
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.