risky
Tory-SOL on Raydium: High-Risk Meme Token with Social Media Backing
Tory-SOL is currently listed on Raydium, with a launch price of $0.00002390, a market cap of $23,900, and liquidity of $47,800. The token has a total supply of 1 billion tokens and is predominantly held by Raydium AMM (89.53%). The project's backing is risky, with 10.5% of tokens transferred from the deployer, and the rating reflects this risk. The project revolves around a popular social media personality dog, Tory, aiming to replicate social media success within the crypto universe with Cody, the owner. Despite good liquidity and a significant social media following, the token’s risk status suggests caution.
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AI Analysis
The Tory-SOL token is a new entry on Raydium, characterized by its thematic connection to a popular social media star dog, Tory. The project’s focus on leveraging the viral success of Tory suggests a ...
AI Recommendation
Given the high risk associated with Tory-SOL, it is advisable to approach this token with caution. It could appeal to investors seeking speculative plays in the meme crypto niche, but should only be c...
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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weak buy