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New Solana Token $Monk Listed with Low Market Cap and High Risk
The new listing of $Monk on the Solana blockchain has garnered attention, with a market cap of approximately $45.89K and a current price of $0.0000459. It has 383 holders and began trading on June 7, 2025. Recent on-chain data shows no smart money trades in the last 15 minutes. Key safety features indicate it is not a honeypot, but a small portion of the developer's wallet (2.02 SOL) holds a significant share among top holders (43.78%). Investors must be cautious due to the high risk nature of cryptocurrencies, especially new tokens, and should conduct thorough research to mitigate the risk of scams such as rug pulls. Community members are encouraged to stay informed through official communication channels.
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AI Analysis
This newly listed token, $Monk, on the Solana blockchain appears to be a very early stage project, given its low market cap and recent listing date. The absence of recent smart money activity suggests...
AI Recommendation
Given the current information, the prudent approach is to maintain a cautious stance towards $Monk. It may be advisable to delay any significant investment until more activity and transparency are evi...
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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