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New SOL Token $SPAWN Listed: High Risk, Low Distribution
The listing of $SPAWN on Solana has been announced, with a current market cap of approximately $2,881.55 and a price of $0.00000288. Only 18 holders exist so far, and the project started on June 20, 2025. Recent on-chain activity indicates no smart money trades in the last 15 minutes, and the audit suggests the token is not a honeypot, although the top 10 holders control 99.99% of the tokens. The developer holds 2.58 SOL, pointing to minimal distribution among other investors so far. Community channels like Twitter and a website are active, but Telegram is missing. The warning emphasizes high risk, urging thorough research, caution against FOMO, and vigilance for scams like rug pulls. The community is encouraged to stay updated and share insights.
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AI Analysis
The recent listing of $SPAWN on the Solana blockchain marks its entry into the crypto space with a very small holder base, only 18 investors, which suggests it is either very early or highly centraliz...
AI Recommendation
Given the current state of $SPAWN, a cautious approach is advised. It is preferable to wait and see how the project develops before considering any financial commitment, especially given the high conc...
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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