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MoonX New Solana Token Listing Sparks Caution and Interest
The latest market entry, MoonX, presents a new cryptocurrency listing on Solana with the token '$coded'. With a market cap of approximately $6,628.47 and a very low current price of $0.00000663, it has attracted 82 holders since its start on June 4, 2025. Recently, on-chain activity indicates minimal trading with only one smart money trade in the last 15 minutes. The token's audit confirms it is not a honeypot but lacks burn pool and blacklist protocols. Developer holdings are around 0.56 SOL, and a significant share (72.38%) is held by the top 10 investors. Official channels include Twitter and a website, while Telegram is not yet available. Investors should be cautious, as cryptocurrency investments carry high risk, and vigilance against scams like rug pulls is essential. Community members are encouraged to monitor updates and contribute insights.
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AI Analysis
The recent listing of MoonX on the Solana blockchain introduces a new digital asset with a notably small market capitalization of just over $6,600, indicating its infancy and high volatility potential...
AI Recommendation
Investors should approach MoonX with a high degree of caution, understanding its initial stage and associated risks. Passive monitoring of on-chain activity and community updates is advisable before c...
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.
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don't buy
don't buy