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New Solana Listing $FWENDS Shows Limited Immediate Activity and Centralized Holdings
The launch of $FWENDS on Solana has recently occurred, with a market cap of $57,900 and a current trading price of $0.0000579. The token has 429 holders as of now, and the start date was June 7, 2025. The on-chain data shows no recent smart money trades in the last 15 minutes, which is typical for a new listing. The audit indicates that the token is not a honeypot or blacklisted, but it does not have a burn pool. The developer's wallet holds 2.05 SOL, and the top 10 holders control 42.38% of the supply, suggesting a potentially centralized holding structure. The associated social links are limited, with only a Twitter account available, and other links missing.
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AI Analysis
This new listing of $FWENDS on the Solana blockchain presents an interesting case for further observation. With a modest market cap of nearly $58,000 and a very low price point, it clearly falls into ...
AI Recommendation
Given the current data, it is advisable to approach $FWENDS with caution. If considering an entry, do so with a small position, fully aware of the high volatility and risk factors at play. Continuous ...
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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