MoonX Lists $DWM with Low Holder Count and High Risk

The recent listing of $DWM on MoonX highlights a very limited number of holders, just four, with a significant concentration of 78.39% in the top ten. The coin's current market capitalization stands at approximately $4,255, and its price is extremely low at $0.00000426. There's no recent smart money activity, indicating a lack of institutional or professional investor interest shortly after launch. The developer's wallet holds 2.65 SOL, but there are no signs of a honeypot, burn pool, or blacklist, which could suggest some level of security. However, the overall high concentration of holdings and very recent listing suggest potential risks, including possibility of rug pulls or price manipulation. Investors should exercise extreme caution and conduct thorough due diligence before considering participation in this token.