MoonX Lists $LEO Solana Token Amid Low Market Cap and High Risks

The recent listing of $LEO on MoonX has attracted attention with a current market capitalization of just $16,590 and a very low price at $0.0000166. The token has a small holder base of 208, and the initial trading started on June 19, 2025. On-chain data shows recent smart money activity with two trades in the last 15 minutes, suggesting some investor interest. The top 10 holders own nearly 60% of the token, which could indicate a centralized holding structure, increasing risks of manipulation or dumps. The developer wallet holds 1.25 SOL, and the project claims not to be a honeypot, which is a positive sign. However, the overall risk remains high given the small market cap, limited holder base, and the typical volatility associated with new low-cap cryptocurrencies. Investors should conduct thorough research and exercise caution, avoiding FOMO and being wary of common scam tactics like rug pulls. Staying updated through community channels and official announcements is crucial for making informed decisions about this asset.