New Solana Listing $Chungus Sparks Cautious Interest

The recent listing of $Chungus on Solana has garnered attention, with a current market capitalization of approximately $50,440 and a trading price of around $0.0000504. The token has 283 holders. Monitoring indicates only one recent smart money trade within the last 15 minutes, highlighting minimal immediate activity. Audit results show that 44.48% of the tokens are held by the top 10 holders, and it is verified not to be a honeypot, suggesting some level of safety from scam schemes. Developer holdings are around 13.28 SOL. This data suggests a relatively small-scale project with limited but active engagement. Investors should remain cautious, conducting thorough research and being aware of the high risks associated with small-cap cryptocurrencies.