New Solana Listing $MONKE Prompts Caution and Research

The recent listing of $MONKE on the Solana blockchain highlights a very small current market capitalization of $47,830 with a unit price of $0.0000478 and 285 holders. The beginning date is set for June 10, 2025. The on-chain data shows no recent smart money activity in the last 15 minutes, which suggests a lack of immediate institutional interest. An audit indicates the token is not a honeypot or part of a burn pool, but the developer’s wallet holds 4.55 SOL and the top 10 holders share 39.10%, indicating a significant concentration of ownership. The associated social channels include Twitter and a website, but Telegram is not available. Investors are warned about the risks inherent in cryptocurrencies, emphasizing the importance of conducting thorough research, avoiding FOMO, and guarding against scams such as rug pulls. Community members are encouraged to stay updated through official announcements and to contribute insights.