MoonX Lists New Solana Token $noface Amid Early-Stage Risks

This analysis highlights the recent dispatch from MoonX concerning a new Solana-based token with the symbol $noface. The token has a very modest market capitalization of just $36,970 and is priced at a very low $0.000037. With only 504 holders, the token's on-chain activity appears dormant, as indicated by no recent smart money transactions in the past quarter-hour. The audit shows the token is not a honeypot but lacks burn pool features and is not blacklisted. Developer holdings are minimal, at 0.03 SOL, with a significant portion—41.72%—held by the top 10 investors. Importantly, the listing is very recent, with the start date from early June 2025, which suggests it is highly speculative and at an initial stage. The overall risk is high, given the typical volatility and potential for scams in the crypto space, especially at early stages without extensive community or security audits.