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MoonX Listing Sparks Caution Amid Limited Activity and Centralized Holdings

The recent listing of MoonX on the Solana network shows a small market capitalization of approximately $40,480 and a very low price of $0.0000405 per unit. With 346 holders at the start time on June 10, 2025, the project is in its early stages. There's no recent smart money activity, indicating limited short-term trading interest. The audit reveals that the token is not a honeypot or blacklisted but has a significant developer wallet holding 2.2 SOL and top 10 holders controlling almost 40%, which could imply centralized ownership risks. The community is advised to conduct thorough research and remain cautious, as the crypto market remains highly volatile and susceptible to scams.
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AI Analysis

MoonX has recently been listed on the Solana blockchain with a modest market cap of around $40,480, indicating it is a very early-stage project or potentially a low-traffic token. The current trading ...

AI Recommendation

Given the current data, it is advisable to adopt a cautious stance regarding MoonX. Investors should avoid rushing in without comprehensive research. The small market capitalization and limited tradin...

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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