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New Solana Token $ELON Listed on MoonX Amid Low Trading Activity
The latest addition to MoonX's listing includes $ELON on the Solana blockchain, with a current market cap of approximately $5,020.45 and a price of $0.00000502. At this moment, the token has 324 holders, and trading commenced on June 6, 2025. On-chain analysis indicates no recent smart money trades within the last 15 minutes, and there are concerns regarding security permissions, notably that it is not a honeypot, not in a burn pool, and not blacklisted. The developer wallet holds nearly 4 SOL, and the top ten holders own over 38% of the tokens.
Investors should exercise caution as the cryptocurrency market remains highly volatile and risky. The absence of recent smart money activity might suggest limited interest or low liquidity. It’s essential to conduct thorough research before investing, especially given the presence of scam tactics such as rug pulls. Staying informed through official announcements and community insights is strongly recommended.
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AI Analysis
The recent listing of $ELON on MoonX presents a new opportunity within the Solana blockchain ecosystem. With a very low price and modest market cap, this token appears to be in the early stages of its...
AI Recommendation
For investors, it is advisable to adopt a cautious stance given the early stage and low trading activity of $ELON. If considering an entry, start with a small position proportionate to your risk appet...
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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