New Solana Token SANKA Displays Low Activity and High Whale Control

The new listing of SANKA on the Solana network has been observed with a current market cap of approximately $35,830 and a price of $0.0000358. There are 40 holders, and the start date was July 22, 2025. Recent on-chain activity shows no smart money trades in the past 15 minutes, with a significant majority (88.69%) held by top 10 investors, and it is not classified as a honeypot. Developer funds are empty, and the top 10 holders control most of the tokens. This token presents a high risk, as with most new and low-market-cap cryptos. The absence of recent smart money activity could indicate low trader engagement or caution among investors. The large share held by top investors suggests potential for price manipulation or whale concentration. The project emphasizes the importance of thorough research and caution against scams or rug pulls. Potential investors should exercise extreme caution and conduct detailed due diligence before considering an entry. Monitoring future on-chain activity and community updates will be essential to understand the project's development and legitimacy.