Caution Advised for $CATX Pump Scheme on Twitter

Based on the recent Twitter activity and details surrounding the crypto token $CATX, it appears to be part of a pump scheme promoted by the account Catex. I notice that the user actively shares messages encouraging followers to buy $CATX during pump events, which signals potentially coordinated price manipulations common in pump-and-dump schemes in the crypto market. The tweet specifically promotes the purchase of $CATX from pumpfun, implying a focus on rapid price increases facilitated by social media hype. The token's market capitalization around $12,961 USD and its very concentrated holder distribution—with the top 10 holders controlling approximately 79%—further suggest a high level of investor centralization, which can lead to significant price volatility and risk for retail investors. Moreover, the transactional data shows frequent buying and selling activities among the smaller addresses and developers, indicating active trading possibly driven by pump tactics. These signals, combined with aggressive social media promotion and the relatively low market cap, should alert investors to the heightened risk of sudden price swings and potential exit scams. Overall, I advise caution when encountering tokens heavily promoted on social media, especially those associated with pump schemes. Retail investors must conduct thorough due diligence and avoid getting caught in pump-and-dump schemes that can lead to substantial losses.