MoonX $MLP Listing Sparks Caution Amid Early Activity

The new listing of MoonX's $MLP on Solana has been announced, with a current market cap of $61,500 and a price of $0.0000615. There are 403 holders, and the listing began on June 2, 2025. On-chain analysis shows no recent smart money trades in the last 15 minutes. The contract permissions confirm it is not a honeypot, but it is not a burn pool or blacklisted. The developer wallet holds 5.90 SOL, and the top 10 holders control 40.93% of the tokens. The project has social links including Twitter and a website, but no Telegram. The risk warning emphasizes the high volatility and dangers of scam tactics in crypto investments, urging investors to perform thorough research and avoid FOMO. Community members are encouraged to stay updated and share insights. The listing indicates a newly launched project with limited trading activity, which could mean high volatility and risk. The relatively small market cap and concentration of top holders suggest susceptibility to price swings influenced by large holders or small trading volumes. The absence of recent smart money activity shows no significant institutional or experienced investor involvement at this moment. The acknowledgment of scam risks in the warning reminds investors to be cautious. Overall, the project’s early stage and low liquidity imply that investing could be highly speculative, with substantial potential for rapid gains or losses.