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New Solana-Token $NENJI Listed with High Concentration Risks
A new Solana-based token, $NENJI, has been listed on MoonX with a market cap of approximately $69,940 and a token price of $0.0000699. The token has 233 holders, with a significant 43.85% held by the top 10 holders, indicating concentrated ownership. Currently, there have been no recent smart money trades in the last 15 minutes, and the top 10 holdings control nearly half of the supply, but the token is not marked as a honeypot. Developer wallet holds a modest balance of 1.07 SOL. The coin was launched on July 9, 2025. Investors should note the high risk associated with crypto investments and exercise caution, particularly avoiding FOMO and scams such as rug pulls. Community updates are ongoing, and users are encouraged to share insights.
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AI Analysis
The recent listing of $NENJI, a Solana-based token, highlights the ongoing diversification within the Solana ecosystem. With a market cap of just under $70,000 and 233 holders, this token is very earl...
AI Recommendation
Given the high ownership concentration and the early stage of this token, a cautious approach is advised. It is recommended to avoid making large investments in $NENJI until more transparency and acti...
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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