MoonX Listing Sparks Cautious Attention Amid Early-Stage Risks

The recent market development of MoonX's new listing signals a cautious but potential opportunity. With its current market cap standing at $18,870 and trading at a very low price of $0.0000189, the token's early-stage metrics are evident. The token is relatively new, having record of 162 holders, and it was launched on June 6, 2025, at 09:26:21. The on-chain activity shows a lack of recent smart money trades, indicating low investor activity in the immediate term. The audit status indicates that it is not a honeypot and does not have blacklists or burn pools, which offers some trust in security. However, with the developer wallet holding 6.63 SOL and over half of the tokens held by the top 10 holders (51.59%), significant centralization risk exists. Given these details and the inherently high volatility and risks within cryptocurrencies, investors should approach cautiously, conduct thorough research, and avoid FOMO. Constant monitoring of community updates and awareness of scam tactics remains essential.