New Solana Token $SHILLY Listed with Low Activity

The listing of $SHILLY on Solana has attracted attention, with a current market cap of $87,210 and a per-token price of $0.0000872. The token has 24 holders and was launched on July 12, 2025. On-chain data shows no recent smart money trades in the past 15 minutes, indicating a lack of significant trading activity at the moment. The audit results suggest a near-complete concentration in the top 10 holders, owning 99.92%, but the project is not identified as a honeypot. Developer funds amount to 64.31 SOL, and the majority of tokens are held by large stakeholders, which may influence liquidity and decentralization. Community monitoring emphasizes the high risks associated with cryptocurrency investments, advising thorough research and caution to avoid scams such as rug pulls. The community is encouraged to stay updated through official channels and share insights. Overall, the token appears to be newly listed with limited trading activity and high centralization, warranting cautious optimism.