risky
WLFI token on Raydium: High Risk, Low Liquidity
WLFI-SOL is trading on Raydium with a current price of $0.00001670 and a market cap of approximately $16,700. The token has a total supply of 1 billion units and liquidity of around $3,300. Notably, nearly 10% of the token supply is held by Raydium's automated market maker (AMM). The token's security features include no mutable metadata or mint authority but does have freeze authority. A significant risk factor is that over 90% of the token supply was transferred by the deployer, indicating potential concerns about centralization or token distribution. The market cap to liquidity ratio stands at 5, and the medium liquidity suggests caution for traders. Overall, this token is rated as risky, and traders should consider these factors carefully before investing.
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AI Analysis
The WLFI token on Raydium presents a combination of fundamental and risk-related factors that traders and investors should scrutinize. Firstly, with a market cap of only about $16,700 and liquidity at...
AI Recommendation
Given the high risk associated with WLFI and its low liquidity, an investors should approach with caution. It might be prudent to avoid making large or impulsive trades in such an environment and inst...
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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