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New Meme Token $Man Listed on MoonX Sparks Caution
The recent listing of $Man on MoonX has entered the market with a notably low market cap of $64,250 and a price of $0.0000642. With 296 holders, the token's distribution remains concentrated, as top 10 holders control nearly half of the supply at 48.99%. On-chain metrics indicate a lack of recent smart money activity, with no trades in the last 15 minutes. An audit shows no honeypots but raises concerns regarding permissions, which could imply potential risks. A developer wallet holds 3.19 SOL, reflecting some backing, yet the overall risk remains high, especially considering the overall crypto environment and the warning signs highlighted. The token's early stage and low liquidity suggest a high volatility scenario, demanding thorough diligence from potential investors.
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AI Analysis
The listing of $Man on MoonX presents an intriguing case of a new, highly speculative cryptocurrency entering the market. With a market cap just over $64,000 and a very low trading price, this token a...
AI Recommendation
Investors should proceed with caution when considering exposure to $Man, especially given the early stage of its market presence and the high-risk profile highlighted. It is advisable to limit any new...
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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