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MoonX Announces New SORA Listing Amid Low Trading Activity

The recent listing of SORA on MoonX has been announced, with a current market capitalization of approximately $35,670 and a trading price of $0.0000357. The token has 105 holders so far. Notably, there have been no recent smart money trades within the last 15 minutes, indicating a lack of significant insider activity at this moment. The developer holds a balance of 143.09 SOL, and the top ten holders control over 73% of the tokens, highlighting a high concentration risk. Risks associated with this token include the potential for rug pulls, despite it passing certain audits. Investors are advised to conduct thorough research, remain cautious of scam tactics, and avoid emotional buying due to FOMO. Community members are encouraged to stay updated through official channels and share insights.
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AI Analysis

The listing of SORA (SOL) on MoonX marks a new entry into the market with a very modest market cap of approximately $35,670, indicating it's a relatively new or undervalued token. The token's price at...

AI Recommendation

Given the low trading activity, high ownership concentration, and early development stage of SORA, it is advisable to approach with caution. Investors interested in this token should conduct comprehen...

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.

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