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New Solana-listed Token APOLLO Shows Limited Activity and High Top Holder Concentration
The newly listed cryptocurrency, APOLLO on Solana with a market cap of approximately $69,750 and a price of $0.0000697, has just been introduced. It has 314 holders and began trading on June 11, 2025. Recent on-chain data shows no smart money activity in the last 15 minutes, and the token does not appear to be marked as a honeypot or blacklisted, though it has a significant share (49.44%) held by the top 10 holders. With a developer wallet holding 140.10 SOL, the project warrants caution due to its early stage and limited activity. The community is advised to perform thorough research, avoid emotional investing, and remain vigilant against scams.
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AI Analysis
The recent market entry of APOLLO on the Solana blockchain presents a typical scenario for new tokens with low market capitalization and high top-holder concentration. With a market cap of only around...
AI Recommendation
Given the current situation, it is advisable to hold off on investing in APOLLO until there is clear activity or positive developments. The lack of recent smart money trades and high top holder concen...
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.