New Solana Token $AP Shows Promising Growth Potential Despite Centralization Risks

The latest on MoonX reveals a new token listing, $AP on Solana, with a current market cap of approximately $68.44K and a price of $0.0000684. The project has 136 holders and started trading on June 7, 2025. On-chain data shows no recent smart money trades, indicating a lack of recent large-scale investor activity. Audit results show it is not a honeypot, but it lacks a burn pool feature and blacklist status, raising some concerns. The developer's wallet holds about 0.25 SOL, and the top 10 holders own roughly 75.25%, which suggests significant centralization. The official social presence is limited, with only a Twitter account active and no website or Telegram connected. Investors should remain cautious due to the high risks inherent in cryptocurrencies, especially new listings, and should conduct thorough research before investing. Always be vigilant of potential scams like rug pulls, and avoid making investment decisions based on FOMO.