According to @boldleonidas, a $2 million market-cap memecoin was publicly shilled, highlighting elevated risk when influencer promotion targets ultra-low-cap tokens for short-term traders (source: @boldleonidas on X, 2025-08-24). Low-liquidity micro-caps are highly susceptible to large price impact, slippage, and manipulation during coordinated buying or selling, as documented in liquidity risk education and decentralized exchange documentation (source: Binance Academy Liquidity Risk; Uniswap Docs on Price Impact and Slippage). Historical on-chain research shows small-cap tokens with concentrated holders and unrenounced contracts carry higher rug-pull incidence, making checks on liquidity locks, top-holder distribution, and contract controls essential before entries (source: Chainalysis 2023 Crypto Crime Report).