X Community: High-Risk Low Liquidity Crypto Alert

The X Community project has been launched with a market capitalization of approximately $3,140 and a liquidity pool of around $314, making it a very low-liquidity asset. Its price per token is about $0.000003137. Notably, a significant 95% of the total supply was transferred by the creator to other wallets, raising red flags about potential rug-pulls or manipulative practices. The project allows mutable metadata, which can be altered post-deployment, adding to its risk profile. Top holders hold small percentages, indicating a highly decentralized distribution, but the high concentration by the creator is concerning. The overall score assigned to this project is "Bad" (score of 3), highlighting safety concerns. Additional warning signs include no mint or freeze authority and no liquidity provider burned/removed, which might impact the asset’s stability and security. Given these factors, this appears to be a high-risk, possibly pump-and-dump or scam project with low liquidity and high centralization risk. Investors should exercise caution and consider avoiding this asset or conducting thorough research before engaging. It is crucial to scrutinize projects with such risk indicators, particularly high creator concentration and mutable metadata, as these are often exploited for malicious intent.