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New Solana Token $MIKES Gains Attention with Low Market Cap
The new token $MIKES on Solana has recently been launched, with a market capitalization of approximately $59,490 and a trading price of $0.0000595. Currently, there are 185 holders, and the start time of trading was on June 12, 2025. On-chain activity indicates no recent smart money trades within the past 15 minutes. The project has been audited for honeypots but lacks burn pool features and blacklisting. The development wallet holds 0.74 SOL, and nearly half of the top 10 holders control 46.18% of tokens. The project’s official website is available, but other social media channels like Twitter and Telegram are not linked. The risk warning highlights the high volatility and danger of rug pulls in crypto investments, emphasizing the importance of thorough research and cautious trading.
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AI Analysis
The launch of the $MIKES token on the Solana blockchain introduces a new player into the highly volatile decentralized finance (DeFi) and meme coin scene. With a small market cap of roughly $59,490 an...
AI Recommendation
Given the current data, the recommendation is cautious observation rather than immediate investment. Investors should keep a close eye on the on-chain activity and community developments for signs of ...
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.