strong buy
New Meme Token $fartcoin Listed on Solana with Low Activity and High Concentration
The recent listing of $fartcoin on Solana has introduced a new meme token with a modest market cap of $11,200 and a very low current price of $0.0000112. There are 503 holders, and it started trading on June 4, 2025. On-chain data shows no recent smart money activity, which may suggest a lack of institutional interest or significant trader movement at the moment. Audit checks indicate the token isn't marked as a honeypot, but it also lacks burn pool or blacklist features. The developer's wallet holds 4.79 SOL, and the top 10 holders control 44.06%, indicating some concentration of holdings. The associated website is accessible, but other social channels are inactive. The risk warning emphasizes the high volatility and scams prevalent in crypto investments, advising thorough research and caution.
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AI Analysis
The listing of $fartcoin on the Solana network represents a typical new meme token debut, characterized by low initial market capitalization and micro-dollar valuation. The absence of recent smart mon...
AI Recommendation
With the current data indicating minimal on-chain activity and high holder concentration, it is advisable to exercise caution before considering entry into $fartcoin. This token appears to be in its i...
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.