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New Solana Token $Denver Listed with Low Price and Low Trading Activity
The new token $Denver on Solana has just been listed and is currently positioned with a market cap of approximately $4,136.19 and a very low price of $0.00000414. Only five holders are accounted for so far. The token's smart money activity has shown no recent trades in the last fifteen minutes. The contract permissions indicate that it is not a honeypot, but the burn pool is active, and there's no blacklist in place. The developer's wallet holds 0.51 SOL, and the top ten holders own about 69.37% of the supply. Community guidance emphasizes caution, advising thorough research and awareness of scams like rug pulls. Community engagement is encouraged through sharing insights and staying updated via social channels.
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AI Analysis
The recent listing of $Denver on the Solana blockchain introduces a token with a notably low price of $0.00000414 and a small circulating market cap of around $4,136.19. With only five holders, this t...
AI Recommendation
Given the early stage and limited activity surrounding $Denver, caution is advised. Only invest what you can afford to lose, as the low smart money activity and concentration of holdings among a few w...
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.