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New Solana Token $Bleh Faces Caution Amid Low Activity and Centralization Risks
The recently listed cryptocurrency token about MoonX, named $Bleh on the Solana blockchain, has a modest market cap of approximately $60,330 and is priced at $0.0000603. It has 616 holders and began trading on June 2, 2025. On-chain monitoring indicates no recent smart money trades, suggesting a lack of significant investor activity currently. The token's permissions show it is not marked as a honeypot, but it does not have other protections like burn pools or blacklisting, which could raise safety concerns. The developer wallet holds around 3.17 SOL, and a substantial 36.36% of the top 10 holders possess the token, indicating potential centralization risk. It’s essential to be cautious—cryptocurrency investments are inherently risky, especially with tokens exhibiting low activity and limited protective measures. Conduct thorough research, avoid FOMO, and stay alert to scam tactics when evaluating this token.
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AI Analysis
The new listing of $Bleh on the Solana blockchain presents an interesting case for speculative investors. With a market cap of approximately $60,330 and a low price point of $0.0000603, it is represen...
AI Recommendation
Given the current state of $Bleh, the cautious approach is advisable. Investors should wait for more significant on-chain activity or signals of community or institutional support before considering a...
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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