FUG (SOL) — New microcap pump with extreme concentration; avoid for now
I see FUG as an ultra-new Solana token that just launched and immediately spiked to an all-time high. The market cap is about $20.9K with liquidity ~$23.7K, only 20 minutes old and 134 holders — this is a classic microcap pump.
The token has high buy volume and temporary momentum, but top 10 wallets control ~67% of the supply and activity looks promotional. Although the contract is renounced and mint/freezable flags are off, the combination of tiny market cap, extreme holder concentration and very short track record makes this extremely risky.
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