New Solana-based Token $TRENCHLON Listed with Limited Activity and High Developer Control

The latest addition to the MoonX listing is $TRENCHLON on the Solana blockchain. With a market cap of approximately $4,113.25 and a current price of about $0.00000411, it has only 4 holders so far. The listing started on June 6, 2025. Recent on-chain activity shows no smart money trades in the last 15 minutes, indicating a lack of institutional or professional investor activity at this time. The token's permissions confirm it is not a honeypot, burn pool, or blacklisted, but the developer wallet holds a significant 71.52% of the tokens. Community channels are limited, with only Twitter active and no website or Telegram presence. Users are warned of the high risks inherent in cryptocurrency investing, including rug pulls and scams, emphasizing the importance of thorough research. Overall, this appears to be a newly launched, low-activity token with considerable developer control, suggesting high volatility potential and substantial risk.