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New Solana Token $Ragebait Listed with Low Market Cap and High Risk
The recent listing of $Ragebait on Solana has attracted attention, with a current market cap of approximately $59,030 and a price of $0.000059. The token has 341 holders, and the start date for trading was July 13, 2025. The on-chain data shows no recent smart money trades in the last 15 minutes, indicating a lack of significant insider activity at this moment. The top 10 holders control 44.49% of the supply, and the developer wallet holds 137.85 SOL, which raises concerns about centralization and potential power concentration. Although the token is not identified as a honeypot, the overall risk remains high, especially given the early stage and low liquidity. The absence of Telegram community presence and minimal social engagement may also impact its potential for growth. Investors are advised to exercise caution, conduct thorough research, and avoid succumbing to FOMO, particularly considering the inherent volatility and scam risks in new crypto launches.
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AI Analysis
The listing of $Ragebait on the Solana blockchain appears to be a newly introduced token with a very modest market cap of approximately $59,030. Its low price of $0.000059 and number of 341 holders hi...
AI Recommendation
Investors should approach $Ragebait with caution given its early market stage and high concentration of holdings. It is advisable to monitor the token closely for any signs of increased activity, espe...
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.