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MoonX Listing Sparks Cautious Interest Amid High Hold Concentration
The recent listing of MoonX on the Solana network is notable, with a current market cap of $41,340 and a price of $0.0000413. The token has 366 holders and started trading on June 17, 2025. On-chain activity shows four smart money trades in the last 15 minutes, indicating some short-term interest from knowledgeable traders. The token's top 10 holders control 43.91% of the supply, but it is not classified as a honeypot, and developer wallet holdings are minimal at 0.09 SOL. Community members should remain cautious, as the crypto space involves high risk, and thorough research is essential.
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AI Analysis
The listing of MoonX introduces a new micro-cap token on the Solana blockchain, with a very low price point and a modest market capitalization of just over $41,000. The active on-chain smart money act...
AI Recommendation
Given the current details, it is advisable for investors to approach MoonX with caution. Its low market cap and high holder concentration suggest significant volatility and the potential for manipulat...
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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