MoonX Lists Tiny Solana-Based Token 'Cranky' with High Developer Share

The recent listing of the cryptocurrency 'Cranky' on MoonX presents a very small market cap of only $25,260, with a price of $0.0000253. The project has 413 holders, and the developer’s wallet holds about 44.60% of the total supply, which could indicate centralization risks. The presence of only one recent smart money trade within 15 minutes suggests minimal active institutional participation. The project is not a honeypot, but the high developer wallet share warrants caution. Investors should be aware of the extremely high risks associated with small-cap cryptocurrencies, especially those with significant developer holdings. While the project has a relatively low market cap and recent on-chain interest, these factors alone do not guarantee safety or future growth. The lack of community presence on Telegram and the early stage of the project imply that further due diligence is essential. Overall, this listing could be a high-risk, speculative opportunity. Potential investors must perform thorough research, consider the centralization risk associated with the developer share, and be cautious of common scam tactics like rug pulls. The low liquidity and tiny market capitalization mean this asset could be highly volatile.