MoonX Market Alert: New Listing with Low Trading Activity and High Centralization Risks

The recent listing of [MoonX] on the market, with the token $Animation on Solana, introduces a new project with a modest market cap of approximately $52,960 and a price of $0.000053. The project currently has 135 holders and was launched on July 14, 2025. On-chain analysis shows no recent smart money trades in the last 15 minutes, indicating a lack of recent active trading among institutional traders. The top 10 holders possess nearly 48% of the total supply, which could imply centralization risks. Developer wallet holds about 8.87 SOL, suggesting some backing, but the overall community engagement appears limited at this stage. The project emphasizes the importance of caution given the high risks associated with cryptocurrencies, prompting investors to perform thorough research and remain vigilant against potential scams like rug pulls. Community updates and transparency are encouraged for ongoing participation.