New Microcap Listing $Ketamine on MoonX Sparks Caution Amid Low Activity

The recent listing of $Ketamine on MoonX highlights a very small market capitalization of just $52,800 and an extremely low price point of $0.000053, with 224 holders currently involved. There has been no recent smart money activity observed in the last 15 minutes. The project appears to have minimal control, with no honeypot or blacklist issues, but a significant 42.88% of tokens are concentrated among the top 10 holders. The development wallet currently holds no funds. Given the high risk warnings—common in microcap crypto tokens—investors should exercise extreme caution, conduct thorough due diligence, and be wary of scams like rug pulls. The project’s community engagement remains active, yet the lack of recent trading activity and the high token concentration suggest a cautious approach. Further research is essential before considering any investment, especially in such highly speculative and volatile assets.