MoonX Lists $BRUH on Solana: High Risk, Low Activity

The recent listing of $BRUH on Solana is noteworthy, with a current market cap of $38,340 and a price of $0.0000383. The token has 341 holders, but there have been no recent smart money trades, indicating a lack of institutional or savvy investor activity at this time. The project’s audit shows that it is not a honeypot, which mitigates some scam risks, but other scam tactics like rug pulls remain a concern. Developer wallet holdings are substantial at 15.53 SOL, and a significant share (28.09%) is held by the top 10 holders, suggesting a concentrated distribution. The project’s start date is June 6, 2025, which appears to be an anomaly or typo, considering the current date. Overall, this new listing presents a speculative opportunity but carries considerable risk due to low trading activity and potential for price manipulation. Investors should conduct thorough due diligence before considering entry.