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Wrapped Solana (WSOL2.0-SOL) Listed on Raydium with High Risk
Wrapped Solana (WSOL2.0-SOL) is currently listed on Raydium with a notable risk profile. The token has a very low price of $0.00000289 and a modest market cap of $2.9K, alongside just $289 in liquidity. A significant 100% of the token supply was transferred to other addresses by the deployer, indicating potential issues with control and reliability. The liquidity-to-market cap ratio is 10%, which may suggest challenges in trading stability. The token's security features include mutable metadata, but it lacks mint and freeze authorities, adding to the security concerns. Given the high risk, low liquidity, and transfer of all tokens by the deployer, caution is advised for potential investors.
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AI Analysis
The listing of WSOL2.0-SOL on Raydium presents a noteworthy case of a low-value token with significant red flags. The token's extremely low price and market cap indicate it is either a new, speculativ...
AI Recommendation
Given the current high-risk profile, low liquidity, and lack of clear security guarantees, it is advisable to avoid investing in WSOL2.0-SOL at this time. The significant transfer of token supply by t...
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.