risky
USDP Token Listing on Raydium Signals High-Risk Cryptocurrency Investment
USDP is currently trading at a very low price of $0.00000304 with a market cap of just $3,000, and it has been listed on Raydium. The token's liquidity stands at only $304, indicating very limited trading capacity. Additionally, the token supply is 1 billion, and a significant 100% of the token supply was sent to other addresses by the deployer, underscoring a high risk. The rating assigned is 'Risky' due to the mutable metadata, no mint or freeze authority, and the distribution pattern. The token's security and decentralization are questionable, which could lead to potential vulnerabilities or rug pulls.
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AI Analysis
The USDP token listed on Raydium shows several red flags for potential investors. Its current trading price is negligible at $0.00000304, and with a market cap of only $3,000, it signifies a very rece...
AI Recommendation
This token warrants a cautious approach due to its high-risk indicators such as very low liquidity, complete distribution of supply, and mutable metadata. Investors should avoid managing significant f...
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.