New Alpaca Listing on Solana: High-Risk, Centralized Ownership
The recent listing of Alpaca on Solana has introduced a new asset into the market with a current market cap of $62,770 and a price of $0.0000628. It has 218 holders and was launched on June 3, 2025. On-chain monitoring indicates no recent smart money trades within the last 15 minutes, and the project shows some potential vulnerabilities, including a honeypot with permissions enabled, while other audit features remain unconfirmed. Developer holdings are minimal at 0.01 SOL, and the top 10 holders own nearly 44% of the supply, indicating a relatively centralized distribution. The overall risk remains high due to the inherent volatility and scam risks associated with new cryptocurrencies. Investors should conduct thorough research and remain cautious.
AI Analysis
AI Recommendation
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.