risky
MoonX Lists $MERLIN on Solana with Low Trading Activity
The latest listing on MoonX features the token $MERLIN on the Solana blockchain. It has a current market capitalization of approximately $4,181.35 and is trading at a very low price of $0.00000418. Currently, there are only four holders of this token, and it officially started trading on June 8, 2025.
On-chain monitoring shows no recent smart money trades within the last 15 minutes, with no indications of honeypots, burn pools, or blacklists, and the developer's wallet holds none of the tokens. A significant 91.29% of the tokens are held by the top 10 holders, which may indicate low distribution or centralization concern.
The community is advised to exercise caution due to the high risks associated with cryptocurrencies. Investors should perform thorough research, avoid emotional investing including FOMO, and be vigilant against scams such as rug pulls. The project’s web presence is limited, with no active Twitter or Telegram channels, which could impact community engagement and transparency.
In summary, $MERLIN presents a high-risk, low-distribution opportunity with minimal on-chain activity so far, typical for freshly listed tokens. It warrants cautious monitoring and thorough due diligence before considering any investment.
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AI Analysis
The debut of $MERLIN on the MoonX platform introduces an extremely low-priced token on the Solana blockchain. With a market cap just over four thousand dollars and only four holders, the token appears...
AI Recommendation
Investors should approach $MERLIN with caution due to its recent listing, very low trading activity, and high ownership concentration. Unless there is new information or evidence of development and co...
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.