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New Solana Token $FRENS Listed with Low Market Cap
The new token $FRENS on Solana has been listed with a market cap of approximately $48,660 and a very low current price of $0.0000487. There are 404 holders so far, and the listing began on June 6, 2025. Recent on-chain activity shows no smart money trades in the last quarter-hour. Notably, the token is not marked as a honeypot, but it does not have a burn pool and lacks a blacklist. The developer wallet holds approximately 10.80 SOL, and the top ten holders control about 36.52% of the supply. The community is advised to conduct their own research, avoid FOMO, and be cautious of scams, Rug Pulls, and other risks. The project maintains active communication channels primarily via Twitter.
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AI Analysis
The recent listing of $FRENS on the Solana blockchain introduces a very small-cap token at under $50,000, which generally signifies high volatility and risk. Its low price and limited on-chain activit...
AI Recommendation
Given the high-risk profile associated with such a low market cap and minimal trading activity, it is advisable to proceed with extreme caution. For risk-tolerant investors, allocating a very small po...
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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