MoonX Listing Alert: $PFSAM’s Early Stage with Centralized Holdings and Low Activity

The recent listing of $PFSAM on MoonX reflects a project with a modest market cap of $39,310 and a very low current price per token at $0.0000393. With 70 holders, the token is still in its early stages, and there is little recent on-chain trading activity, indicating minimal market engagement so far. The developer maintains a substantial balance in their wallet, and the top 10 holders control over two-thirds of the tokens, which could imply centralization risks. Community channels are active, but some channels lack certain engagement features. Risks include the potential for scams such as rug pulls, and the project highlights the importance of personal research and cautious investing.